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FAQ: LaFleur Minerals Inc.'s Beacon Gold Mill Restart and Swanson Project Bulk Sampling

FaqStaq News - Just the FAQs • June 26, 2025
By FAQstaq Staff
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FAQ: LaFleur Minerals Inc.'s Beacon Gold Mill Restart and Swanson Project Bulk Sampling

Summary

LaFleur Minerals Inc. is advancing towards restarting its Beacon Gold Mill by early 2026 and initiating a bulk sampling program at its Swanson Gold Project, leveraging rising gold prices and strategic location in Quebec's Abitibi Gold Belt for near-term production potential.

What is LaFleur Minerals Inc. planning with its Beacon Gold Mill?

LaFleur Minerals Inc. plans to restart its fully-permitted and recently refurbished Beacon Gold Mill in Val-d’Or, Quebec, by early 2026, offering a nearby milling option for surrounding gold projects.

Why is the restart of the Beacon Gold Mill significant?

The restart is significant because it provides a much-needed milling option for nearby gold projects and aligns with record-high gold prices, offering investors near-term production potential and exposure to surging gold prices.

What are the plans for the Swanson Gold Project?

LaFleur Minerals is launching a minimum 5,000-metre diamond drilling program at the Swanson Gold Project and conducting a Preliminary Economic Assessment to evaluate open-pit mining and milling scenarios, with plans for a 100,000-tonne bulk sample to be processed at the Beacon Mill.

When is the Beacon Gold Mill expected to restart?

The Beacon Gold Mill is expected to restart by early 2026.

Where is the Beacon Gold Mill located?

The Beacon Gold Mill is strategically located in Val-d’Or, Quebec, within the Abitibi Gold Belt, Canada’s most prolific gold-producing region.

What is the estimated cost for the Beacon Gold Mill restart?

The estimated conservative restart cost for the Beacon Gold Mill is C$5-6 million, which includes further upgrades.

How does the current gold price affect LaFleur Minerals’ plans?

With gold prices rising above $3,300/oz and expected to hit $4,000/oz by the second quarter of 2026, LaFleur Minerals’ plans for the Beacon Gold Mill and Swanson Project are positioned to benefit from these surging prices.

Who can investors contact for more information about LaFleur Minerals Inc.?

Investors can find the latest news and updates relating to LaFleur Minerals Inc. (LFLRF) in the company’s newsroom at https://ibn.fm/LFLRF.

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