LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) recently issued a report sustaining the results of its Preliminary Economic Assessment (“PEA”), which the company announced earlier in March as part of its buildup toward a production restart at its Beacon Gold Mill in the prolific Abitibi Gold Belt of eastern Canada.
The mill will receive material for processing from LaFleur’s nearby Swanson Gold Deposit, key components in the company’s affirmation that its strategic acquisition of assets during the past couple of years represents an exciting opportunity for its shareholders, even at a time when market prices are volatile. The company has filed an independent technical report prepared in accordance with National Instrument 43-101, following on the PEA’s findings and additional reports that outline the company’s assets.
LaFleur anticipates a low-CapEx project with robust economics based on the PEA results, current gold market, established mill infrastructure and wealth of historical exploration work, including 18,000 metres of drilling at Swanson in 2025, a project that expanded to 19,214 hectares (47,479 acres). The PEA supports the company’s financial strategy and provides guidance as it anticipates near-term operational profits.
LaFleur Minerals is a junior Canadian near-term gold producer preparing to restart its 100%-owned gold mill to process material from its nearby gold project in the prolific Abitibi gold mining region of eastern Canada. The company released a report last month on the results of a positive PEA that supports the company’s financial strategy and provides guidance as it anticipates near-term operational profits.
The latest news and updates relating to LFLRF are available in the company’s newsroom at https://ibn.fm/LFLRF. Qualified Person Statement: All scientific and technical information contained in this article has been reviewed and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor of the company and considered a Qualified Person for the purposes of NI 43-101.
