LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) (‘LaFleur Minerals’ or the ‘Company’) is advancing towards a restart of the Company’s 100%-owned Beacon Gold Mill in Val-d’Or, Québec and a Preliminary Economic Assessment (PEA) as it aims to restart production at the mill by early 2026. LaFleur Minerals plans to immediately launch a minimum 5,000-metre diamond drilling program at its highly prospective, district-scale Swanson Gold Project (‘Swanson’). LaFleur Minerals also reiterates key results of its recent exploration programs, including an update on its diamond drilling and bulk sampling plans at Swanson, refer to LaFleur Minerals News Release dated June 4, 2025 and the LaFleur Minerals Webinar Replay dated June 5, 2025.
RESTART PLAN FOR BEACON GOLD MILL
SWANSON GOLD DEPOSIT
Bulk Sample Planning in Progress:
Planning and permitting is currently underway for an up to 100,000-tonne bulk sample from the existing mining lease hosting the Swanson Gold Deposit, which would be tested for its metallurgical and processing characteristics at the Beacon Mill once it becomes fully operational. A bulk sample mining and environmental closure and remediation plan is currently being finalized for regulatory approval with the Québec government.
Paul Ténière, CEO of LaFleur Minerals stated:
‘We are grateful to have acquired the fully permitted and refurbished Beacon Gold Mill, which received over C$20 million in upgrades by its previous operator and is located in the midst of numerous gold deposits in the historic Val-d’Or and Rouyn-Noranda mining districts, including our own Swanson Gold Deposit. Based on our recent detailed assessments, the Beacon Gold Mill requires minimal repairs and improvements, and we are methodically executing a strategy to eventually restart production at the mill. We are also excited to commence planning for a large bulk sample at Swanson and a PEA to evaluate a mining and processing scenario at current record gold prices. With gold prices at record highs this is a pivotal year for LaFleur Minerals as we focus on restarting gold production at the Beacon Gold Mill and diamond drilling at the Swanson Gold Project to increase mineral resources.’
SITE VISIT
The Company plans to coordinate a site visit of its Beacon Gold Mill and Swanson Gold Project in July 2025 for prospective investors, shareholders, and analysts. Those interested are asked to contact the Company directly to coordinate. Interested parties are invited to contact LaFleur Minerals at info@lafleurminerals.com to coordinate air travel, hotel lodging, and transportation to and from the Beacon Gold Mill. The Company is currently in discussions with several groups to finance the restart of the Beacon Gold Mill with mineralized material from the Swanson Gold Deposit.
Figure 1: Swanson Gold Project located 50 km from the Beacon Gold Mill, and surrounding deposits
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GRANT OF STOCK OPTIONS
The Company also announces that it has granted incentive stock options (‘Options‘) to Directors of the Company to acquire an aggregate of 1,000,000 common shares at $0.35 per share, for a period of three years. These Options have been granted in accordance with the Company’s stock option plan, and any common shares issued upon the exercise of, are subject to a four month hold period from the date of grant in accordance with the policies of the Canadian Securities Exchange.
QUALIFIED PERSON STATEMENT AND DATA VERIFICATION
All scientific and technical information in this news release has been prepared 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. Mr. Martin has reviewed and verified the rock sampling results and certified analytical data underlying the technical information disclosed. Mr. Martin noted no errors or omissions during the data verification process and the Company’s management have also verified the technical information disclosed. The Company and Mr. Martin do not recognize any factors of sampling or recovery that could materially affect the accuracy or reliability of the assay data and exploration results disclosed in this news release.
About LaFleur Minerals Inc.
LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d’Or, Québec. Our mission is to advance mining projects with a laser focus on our resource-stage Swanson Gold Project and the Beacon Gold Mill, which have significant potential to deliver long-term value. The Swanson Gold Project is over 16,600 hectares (166 km2) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur has recently consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits and several other showings which make up the Swanson Gold Project. The Swanson Gold Project is easily accessible by road allowing direct access to several nearby gold mills, further enhancing its development potential. LaFleur Minerals’ fully-refurbished and permitted Beacon Gold Mill 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.
ON BEHALF OF LaFleur Minerals INC.
Paul Ténière, M.Sc., P.Geo.
Chief Executive Officer
E: info@lafleurminerals.com
LaFleur Minerals Inc.
1500-1055 West Georgia Street
Vancouver, BC V6E 4N7
Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Statement Regarding ‘Forward-Looking’ Information
This news release includes certain statements that may be deemed ‘forward-looking statements’. All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur. Forward-looking statements in this news release include, without limitation, statements related to the use of proceeds from the Offering. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
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