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

LaFleur Minerals Inc. has announced a 5,000-meter diamond drill program at its Swanson Gold Project located in Québec's Abitibi Gold Belt. This substantial exploration initiative follows encouraging results that included high-grade grab samples reaching 11.7 g/t Au, demonstrating the project's significant gold potential. The company has identified more than 50 drill targets through comprehensive geophysical surveys and soil sampling, highlighting the extensive exploration opportunity across the property.

The drill program represents a critical component of LaFleur's broader strategy to restart its 100%-owned Beacon Gold Mill by early 2026. This ambitious timeline underscores the company's commitment to advancing its mining operations efficiently. The Beacon Mill restart is estimated to require an investment of C$5–6 million, and LaFleur is currently in advanced discussions with institutional and private equity groups to secure the necessary financing. The company's website at https://www.lafleuranimalhealth.com provides additional corporate information, though the mining division represents a separate operational focus.

To support these expansion efforts, LaFleur has appointed Peter Espig as Strategic Advisor, bringing substantial expertise in capital markets and mill operations to the company's leadership team. Espig's experience is expected to be instrumental in navigating the complex process of mill reactivation and project development. The Beacon Gold Mill, capable of processing over 750 tonnes per day, is being considered not only for processing mineralized material from the Swanson project but also for custom milling operations for other nearby gold projects, creating multiple revenue streams.

The Swanson Gold Project encompasses approximately 16,600 hectares strategically located near Val-d'Or, Québec, with excellent infrastructure including road access and a rail line running through the property. This accessibility significantly enhances the project's development potential by providing direct access to several nearby gold mills. The company's efforts to consolidate a large land package along a major structural break further emphasize the strategic importance of its operations in this prolific gold-producing region. The restart of the Beacon Mill aims to generate near-term cash flow through bulk sampling and toll milling, marking an important milestone in LaFleur's growth trajectory and its commitment to advancing district-scale gold projects in the Abitibi Gold Belt.