LaFleur Minerals Inc.'s leaders, Kal Malhi and Paul Ténière, to appear on the most recent episode of IBN's MiningNewsWire podcast.
LaFleur Minerals Inc. Steps Closer to Gold Production
LaFleur Minerals Inc., a Canadian exploration and development company, is making significant strides towards gold production in Quebec's Abitibi region. The company's focus is on gold assets, particularly its flagship project, the Swanson Gold Project.
LaFleur Minerals' stock symbols are CSE: LFLR, OTC: LFLRF, and OTCQB: LFLRF. The company is known for its ownership of a large land package, totaling over 18,300 hectares, at the Swanson Gold Project. This project includes the Swanson Gold Deposit, which the company acquired two years ago, and several gold and critical metals prospects that were previously held by Monarch Mining, Abcourt Mines, and Globex Mining.
The Swanson Gold Project is strategically located near various gold deposits in the Abitibi Gold Belt. It is approximately 16,600 hectares (166 km) in size and is easily accessible by road, with a rail line running through it, allowing direct access to several nearby gold mills.
LaFleur Minerals' Beacon Gold Mill, which has been fully refurbished, is a valuable asset. The mill, previously upgraded by Monarch with an investment of $20 million, is fully permitted and ready to operate. It is capable of processing over 750 tonnes per day and is being considered for processing mineralized material at Swanson and for custom milling operations for other nearby gold projects.
In a recent episode of The MiningNewsWire Podcast, Chairman Kal Malhi and CEO Paul Ténière discussed the company's near-term production strategy. Ténière highlighted that LaFleur's possession of an advanced gold project paired with a nearby permitted mill positions the company strongly to become a near-term gold producer.
As of July 2025, LaFleur Minerals has commenced a funded diamond drilling program at the Swanson Gold Deposit with all required permits in place. The company has also tripled its property size over the last period, with about $5 million invested already in exploration, and holds extensive historical drilling data showing proven gold mineralization.
With gold prices surging, LaFleur Minerals may look at producing not just from its own property, but also from others in the region. The company is positioning itself to capitalize on favorable market conditions and regional support to become one of Quebec's newest gold producers.
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Readers are cautioned to review various risks and uncertainties identified in LaFleur Minerals' SEC filings when evaluating forward-looking statements. However, with its strategic location, advanced gold project, and fully permitted mill, LaFleur Minerals Inc. is certainly a company to watch in the gold mining sector.
- At the Swanson Gold Project, LaFleur Minerals is not only focusing on gold assets but also acquiring critical metals prospects, as evident from their acquisition of properties previously held by Monarch Mining, Abcourt Mines, and Globex Mining.
- Moving forward, LaFleur Minerals, with its advanced gold project and nearby permitted mill, aims to secure financing from various sources, such as investors or financial institutions, to capitalize on its position in the gold mining sector and become a near-term gold producer.
