LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) Prepares

New Post Public Reply Private Reply Replies (0) Message Board
NetworkNewsWire
125
LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) Prepares for Near-Term Transition from Exploration to Gold Production

Disseminated on behalf of LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) and may include paid advertising.

- Quebec-based LaFleur Minerals is preparing to move from exploration and development to final execution of its gold production strategy, at its sites in the renowned Abitibi Greenstone Belt of eastern Canada
- LaFleur released results of a positive Preliminary Economic Assessment (“PEA”), guiding its robust production plans for the Swanson Gold Deposit
- The Swanson Gold Deposit has an updated indicated and inferred mineral resource estimate of 227koz of contained gold
- Gold’s meteoric rise from around $2,000 per ounce four years ago to the market demand priced of around $5,000 strengthens the opportunity for LaFleur once production begins

District-scale gold explorer and near-term producer LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) is preparing for restart of production of the precious metal from its sites in the renowned Abitibi greenstone belt of eastern Canada — one of the most prolific Archean belts in the world. With the company’s Preliminary Economic Assessment (“PEA”) completed this month for its Swanson Gold Deposit in Québec, showing a capital-efficient project with strong economics by leveraging the company’s 100%-owned and refurbished Beacon Gold Mill. At a base case gold price of US $2,750/oz, the PEA forecasts an after-tax IRR of 65%, C$101 million NPV (5%), a 1.8-year payback, and all-in sustaining costs of US $1,569/oz, the company is positioned for a robust restart of gold production by year end.

“As we prepare for pre-operational tests and system checks at the Beacon Gold Mill in the coming months, we are transitioning from pure exploration and development to gold production execution,” LaFleur Chief Executive Officer Paul Ténière stated in a Feb. 18 news release (https://nnw.fm/0YG00 ).

The Beacon Gold Mill is one of LaFleur’s major assets, obtained from its prior owner for $1 million after the mill had already undergone about $20 million in upgrades. As the mill is restarted, it will produce mineralized material obtained from the company’s nearby Swanson Gold Deposit, part of LaFleur’s flagship Swanson Gold Project that contains 183 square kilometers of mineral claims and a mining lease rich in gold and critical metals. It may also generate income processing for other miners in the area.

LaFleur’s timing is propitious, as gold continues to present a major opportunity thanks to its meteoric rise in market demand. As recently as 2022, when the Beacon Gold Mill was last in operation under its former owner, gold was trading at around $2,000 per ounce. The precious metal has since broken records time and again to now trade in the $5,000 range.

The Quebec-based company’s recent oversubscribed and upsized $7.8 million financing has positioned LaFleur to complete planned upgrades to Beacon in preparation for the restart and to continue exploratory work, whereby 30% of the recommissioning work is already complete, showing steady operational progress. The project is characterized by significant structural disruptions and shear zones within a 7 km-wide volcanic corridor of the greenstone belt that promises the potential of deposits that may extend for long distances along faults and continue to depth beyond early drilling. With Swanson’s mineral resource estimate (“MRE”) as released within its PEA, increased by 30% from its 2024 MRE, the company is showcasing consistent growth potential of the project. The updated resource of 160.3 koz Indicated and 66.8 koz Inferred represents roughly a 30% increase in Indicated ounces since 2024, suggesting exploration upside and potential mine-life expansion.

Lafleur has filed an updated NI 43-101 Technical Report for the project, and the company has completed extensive work programs in 2025 for a total of approximately 15,000 metres to add to the historic 36,000 metres of drilling on the Project, including several new diamond drill holes, sampling them, sawing and submitting them to the lab for assay results.

The updated 2026 Mineral Resource Estimate includes 2.96 Mt at 1.69 g/t Au (containing 160.3 koz Indicated) and 1.08 Mt at 1.93 g/t Au (containing 66.8 koz Inferred).

“(The mill) has a name plate of 750 (tonnes per day of production capacity) but we are looking at upgrades and refinements to get that to at least 1,000 tonnes or more per day,” Ténière said during a Feb. 10 webinar broadcast by Red Cloud Securities (https://nnw.fm/cWlbm ). “It is able to process gold, silver, and even a little bit of base metals as well, so it can handle multi-element-type deposits. We’re fully permitted at the mill but also at the tailings storage facility for up to 1.8 million tonnes of tailings.”

For more information, visit the company’s website at LaFleurMinerals.com.

NOTE TO INVESTORS: The latest news and updates relating to LFLRF are available in the company’s newsroom at https://nnw.fm/LFLRF

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer

LaFleur Minerals Inc. (LFLRF) Stock Research Links

LFLRF Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Merit Advisors Shines as Top Energy Workplace

Updated Category News Views 1

Well, here's something to chew on—Merit Advisors just grabbed the top spot on Hart Energy's first-ever Best Places to Work in Energy list. If you haven't heard of them, Merit's the heavyweight champ in specialty tax for the energy sector. This isn't just a shiny trophy on the shelf; it's a nod to the kind of culture that's making waves in an industry that's no stranger...

Continue Reading
Atli Launches: AI-Powered eSIM Revolutionizes Travel

Updated Category News Views 2

What's New in Travel Tech: Atli's Debut Wandering the globe might sound romantic until you realize your phone's a paperweight without the right data. Enter Atli, a shiny new AI-powered travel eSIM service, snugged right into your WhatsApp. This marvel comes from the folks at XForge Mobile and aims to obliterate the hassle of getting connected abroad. You know those...

Continue Reading
Veho's Role in Redefining Beauty E-Commerce Delivery

Updated Category News Views 2

Veho Grabs Headlines with BeautyMatter Awards Nod Here's something a bit off the beaten path: Veho's been tapping into new wells of opportunity in the e-commerce sector, and their latest accolade demonstrates just that. Named a finalist in the 2026 BeautyMatter Awards under the Logistics category, they're making noise in all the right circles. Beyond Boxes: Transforming...

Continue Reading
AI Trust in Finance: Survey Reveals Market Impact

Updated Category News Views 1

Trust in AI for Financial Guidance: Where Are We Headed? The market winds shift with every sunrise, and today’s buzzword? Artificial Intelligence. You’d almost think AI’s trying to steal my job along with every other trader’s mojo. But here's the twist—A survey from Possible Finance shows about 15% of folks would actually lean on AI for their financial advice....

Continue Reading
Cove Capital Secures $9.96M for Debt-Free Logistics DST

Updated Category News Views 4

Unpacking Cove Capital's Latest Victory Cove Capital Investments has pulled off another coup, raising a hefty $9,964,510 for its Cove Essential Net Lease Industrial 108 DST. It's a Regulation D, Rule 506(c) offering, now fully subscribed, spotlighting a debt-free investment ethos and a rock-solid logistics site in Anchorage, Alaska. Strategic Facility Anchoring Investment...

Continue Reading
Deadline Looms for EquipmentShare Investors' Legal Action

Updated Category News Views 1

Pressure Builds for EquipmentShare Investors If you've thrown some cash into EquipmentShare.com Inc. (NASDAQ: EQPT), it's time to sit up and pay attention. There's smoke on the horizon, and Faruqi & Faruqi, LLP is waving the flag. They've got a securities class action spinning fast, and if you've suffered any losses, September 21, 2026, is a date you don't want to forget....

Continue Reading
Sandbox VR Expands to Melbourne, Betting on Immersive Fun

Updated Category News Views 3

Sandbox VR Ventures into Melbourne's Heart Every now and then, a venture takes its ambitions and rolls the dice on a prime location. Sandbox VR is swaggering into Melbourne's bustling Central Business District, fresh out of its success on the Gold Coast. Opening this Melbourne venue on September 14 marks a significant leap in the company's Aussie expansion—a bold nod to...

Continue Reading
EFSI Shareholders on Alert Amid M&A Deal Scrutiny

Updated Category News Views 5

Eagle Financial Services Under the Microscope A buzz is picking up in the world of mergers and acquisitions, and this time, it's Eagle Financial Services, Inc. (NASDAQ: EFSI) caught in the crosshairs. What's the chatter all about? Well, it looks like Juan Monteverde and his crew over at Monteverde & Associates PC have set their sights on Eagle's proposed sale to John...

Continue Reading
RTI's $14M Boost: A Game-Changer for Tech Innovators

Updated Category News Views 0

Breaking Ground in Tech Deployment The march toward commercializing new tech can be a nightmare. Ask any innovator trying to leap from lab genius to market ready, and they'll tell you the pathway is paved with hurdles—especially in the rough-and-tumble world of energy and industrial tech. RTI International's latest $14 million move? That's a massive step in leveling the...

Continue Reading
Helio Fred Garcia Honored by Diversity Action Alliance

Updated Category News Views 1

Award Ceremony Set in the Big Apple In an industry where recognition often feels as transient as a ticker's daily high, the Diversity Action Alliance (DAA) is doing its bit to emphasize the lasting impact individuals can make. On September 16 in New York City, Helio Fred Garcia will be honored with the 2026 Pat Ford Larger Than Life Impact Award at the DAA's Annual...

Continue Reading

Top 5 Most Recently Viewed Articles

A Deep Dive into Illumina's Stock Growth Over Two Decades

Updated Category News Views 90

The Growth Journey of Illumina Stock Illumina (NASDAQ: ILMN) has shown remarkable performance over the last 20 years, surpassing the general market average by an impressive 11.9% on an annualized basis. With such a growth trajectory, investors have seen their investments flourish, yielding an average annual return of 20.33%. As of now, the company boasts a robust market...

Continue Reading
US Household Wealth Reaches New Heights on Property Gains

Updated Category News Views 230

US Household Wealth Reaches New Heights Recent data reveals that U.S. household wealth has surged to an impressive $163.8 trillion. This significant growth has been largely driven by substantial increases in both real estate values and stock market performance over the past quarter. Key Drivers of Wealth Growth The notable rise in net worth can be attributed to multiple...

Continue Reading
Arcadia University Excels as Pennsylvania's Top Study Abroad School

Updated Category News Views 171

Arcadia University Achievements in Study Abroad Programs Arcadia University proudly holds the title of the top university in Pennsylvania for study abroad programs, affirmatively showcasing its commitment to providing students with world-class opportunities. The recognition comes from prominent rankings published by respected educational sources. With this accolade,...

Continue Reading
HashKey Group and Bosera Launch Innovative Tokenised ETF

Updated Category News Views 241

Revolutionizing ETFs: HashKey Group and Bosera's New Launch The launch of a groundbreaking Money Market ETF marks a significant shift as it merges traditional financial methods with blockchain technology. The new tokenised investment products by HashKey Group and Bosera Asset Management are poised to bring innovation to the finance sector. Key Features of the Tokenised...

Continue Reading
Experience Fireball's Exciting New Flavor in Las Vegas

Updated Category News Views 290

Experience Fireball's New Flavor in Las Vegas Fireball is bringing a unique and exciting experience to the vibrant city of Las Vegas. The renowned cinnamon whisky brand introduces its first-ever flavor extension, curated as Fireball Blazin' Apple. This fall, visitors to Sin City can delight in a one-of-a-kind adult apple orchard on wheels known as Orchard Overdrive. This...

Continue Reading