LaFleur Minerals Secures C$11 Million to Restart Gold Production at Beacon Mill

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF), a near-term gold producer, has successfully closed public and private offerings, raising aggregate gross proceeds of more than C$11 million. The funds will be used to restart gold production at the company's Beacon Gold Mill and to continue aggressive drilling programs on the Swanson Gold Project and the newly acquired McKenzie East Gold Project, both located in Quebec's Abitibi Gold Belt, Canada's largest gold-producing region.

The financing, announced on June 9, 2025, includes details about service commissions and qualifying exploration expenses tied to charitable flow-through shares. The company plans to source mineralized material from its Swanson Gold Deposit to feed the mill, which is expected to become a low-cost producer given the current high gold prices and the company's conservative base-case planning.

LaFleur's strategic focus on the Abitibi Gold Belt positions it to capitalize on the region's rich mining history and infrastructure. The Swanson Gold Project has shown promising results, and the additional drilling programs aim to expand resources. The McKenzie East Gold Project, recently acquired, adds further exploration upside.

The successful capital raise underscores investor confidence in LaFleur's business plan and the robust gold market. With gold prices remaining elevated, the company anticipates that once production resumes, it will be firmly profitable. The Beacon Mill's restart is a key milestone, potentially generating cash flow to fund further exploration and development.

For more information on LaFleur Minerals, visit the company's newsroom at https://nnw.fm/LFLRF. All scientific and technical information has been reviewed and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor, who is a Qualified Person under NI 43-101.