LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) is advancing toward gold production as it prepares for a gold pour at its wholly owned Beacon Gold Mill in Val d'Or, Quebec. The company recently completed a Preliminary Economic Assessment (PEA) that underscores capital efficiency and robust economic returns, reinforcing its path to profitability.
The PEA, which evaluates the Swanson Gold Deposit and the Beacon Mill, projects a net present value (NPV) of C$101 million at a 5% discount rate and an internal rate of return (IRR) of 65% after taxes. These figures, based on current gold prices, highlight the project's rapid payback period and low capital intensity. The Beacon Mill is fully permitted and located in the Tier-1 Abitibi gold belt, providing access to skilled labor and equipment suppliers in the established Val d'Or mining camp.
LaFleur updated its 2024 mineral resource estimate (MRE), reporting a 30% increase in indicated resources to over 160,000 ounces of contained gold and over 66,000 ounces in the inferred category. The company expects to restart gold production during the second quarter of 2026, positioning itself as a near-term gold producer.
According to a recent analysis by Zacks Small Cap Research, LaFleur's strategic position is strengthened by its scalable mining project and existing processing infrastructure. The PEA demonstrates that the project can generate strong returns even in varying gold price environments, making it an attractive investment opportunity.
All scientific and technical information in this article 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.
For more information, visit the company's newsroom at https://ibn.fm/LFLRF.
