LaFleur Minerals Secures $7.8 Million Capital Infusion to Restart Gold Production in Abitibi Gold Belt

LaFleur Minerals Inc. has completed a significant capital raise exceeding $7.8 million through three separate financing mechanisms, providing the necessary funds to restart gold production operations at its Beacon Gold Mill and Mine in Val d'Or, Quebec. The company, which trades on the Canadian Securities Exchange under symbol LFLR and on the OTCQB under LFLRF, successfully closed a non-brokered hard-dollar private placement, a Listed Issuer Financing Exemption offering, and a tax flow-through eligible offering. This capital injection comes as the company prepares to commission and restart operations at its fully permitted Beacon Gold Mill, located in Canada's largest gold producing region, the Abitibi Gold Belt (https://ibn.fm/OqYJZ).

The financial infusion positions LaFleur Minerals as a near-term gold producer with immediate plans to process an existing stockpile of gold ore at the Beacon site through a trial processing run. The Beacon Gold Mill has the capacity to process 750 metric tons of ore per day and is fully permitted to handle up to 1.8 million metric tons of tailings. The mill's location on Route 117 in Val d'Or places it strategically within the renowned Abitibi gold belt, approximately 60 kilometers south of LaFleur's Swanson Gold Project. The company's ability to restart production using its own infrastructure represents a significant operational advantage in a region known for its mineral wealth.

Beyond processing its own mineralized material, LaFleur Minerals plans to generate secondary revenue through custom milling services for regional operators. This dual-revenue strategy combines gold production from the company's own exploration projects with fee-based processing services for other mining companies in the area. The combination of district-scale exploration potential and existing processing infrastructure creates what the company describes as a rare operational advantage in the mining sector. The recent funding success (https://ibn.fm/B0qKe) demonstrates investor confidence in LaFleur's business model and its position within what the company characterizes as a Tier 1 mining jurisdiction.

The capital raise comes at a critical juncture for the company as it transitions from exploration-focused activities to production-oriented operations. With the mill in a state of readiness pending restart, the $7.8 million in gross proceeds provides the working capital necessary to initiate gold production and begin generating revenue. This development matters because it represents the reactivation of significant mining infrastructure in one of Canada's most productive gold regions, potentially increasing regional gold production while creating economic opportunities in Quebec's mining sector. The successful financing also indicates continued investor interest in gold mining ventures despite broader market uncertainties, particularly for companies with existing infrastructure and near-term production potential.

LaFleur Minerals' approach combines traditional gold mining with service-based revenue through custom milling, creating a diversified business model less dependent on single revenue streams. The company's focus on restarting operations at existing permitted facilities rather than developing new mines from scratch reduces both environmental impact and regulatory hurdles typically associated with new mining projects. As global demand for gold remains strong amid economic uncertainties, the restart of production capacity in established mining districts like the Abitibi Gold Belt contributes to maintaining Canada's position as a significant gold producer while supporting local economies through job creation and economic activity.