LaFleur Minerals Launches Major Drill Program at Swanson Gold Project in Québec

LaFleur Minerals Inc. has initiated a substantial 5,000-meter diamond drill program at its Swanson Gold Project located within Québec's prolific Abitibi Gold Belt. This drilling initiative follows encouraging exploration results that included high-grade grab samples reaching 11.7 g/t Au, providing strong geological justification for the expanded exploration effort. The company has identified more than 50 drill targets through comprehensive geophysical surveys and systematic soil sampling, highlighting the considerable exploration potential of the property.

The drilling program represents a critical component of LaFleur's broader strategy to restart its 100%-owned Beacon Gold Mill by early 2026. This mill reactivation represents a significant operational milestone, with the facility capable of processing over 750 tonnes of material per day. The company is currently engaged in advanced discussions with institutional and private equity groups to secure the necessary financing for the Beacon Mill restart, which is estimated to require an investment between C$5 million and C$6 million according to company projections available at https://www.lafleurmaterials.com/investors.

To strengthen its strategic positioning and project execution capabilities, LaFleur has appointed Peter Espig as Strategic Advisor. Espig brings substantial expertise in capital markets and mill operations, which is expected to significantly contribute to advancing the company's operational objectives. His appointment comes at a crucial time as the company moves toward both exploration expansion and mill reactivation phases.

The Swanson Gold Project encompasses approximately 16,600 hectares strategically positioned near Val-d'Or, Québec, with excellent infrastructure including road access and a rail line running directly through the property. This accessibility enhances the project's development potential and provides direct access to multiple nearby gold processing facilities. The Beacon Gold Mill is being considered not only for processing mineralized material from the Swanson project but also for potential custom milling operations serving other gold projects in the region, creating additional revenue streams beyond the company's own production.

LaFleur's efforts to consolidate a substantial land package along a major structural break underscore the strategic importance of its operations within the Abitibi Gold Belt. The company's dual focus on advancing its resource-stage Swanson Gold Project while preparing the Beacon Gold Mill for reactivation demonstrates a comprehensive approach to building long-term value through both exploration success and near-term cash flow generation from bulk sampling and toll milling operations. This coordinated strategy positions LaFleur to capitalize on the region's established gold mining infrastructure and geological potential.