LaFleur Minerals Gold Exploration and Mill Restart FAQ
Summary
LaFleur Minerals is advancing its gold exploration project in Quebec's Abitibi Greenstone Belt while preparing to restart its Beacon Gold Mill for near-term revenue generation through custom ore processing and future gold production.
What is LaFleur Minerals currently working on?
LaFleur Minerals is completing a Preliminary Economic Assessment (PEA) for its drilling project and preparing to restart its wholly-owned Beacon Gold Mill to process custom raw ore from neighboring gold claims while advancing its own gold exploration.
Where is LaFleur Minerals’ gold project located?
The company’s Swanson Gold Deposit is located in the Abitibi Greenstone Belt in Quebec, Canada, covering approximately 18,304 hectares (45,230 acres) of exploration territory.
What progress has been made on the drilling project?
LaFleur has drilled 24 holes to date, with six holes assayed showing high-grade, near-surface intercepts that demonstrate strong potential for expanding shallow, open-pit mineral resources at the site.
When is the Preliminary Economic Assessment expected to be completed?
The company expects to wrap up the comprehensive PEA for its drilling project by the end of October.
What is the significance of the Beacon Gold Mill restart?
The mill restart will generate near-term revenues by processing custom raw ore projects for neighboring gold claims while also being available for production of LaFleur’s own gold product once exploration advances.
What recent corporate development enhances LaFleur’s international visibility?
LaFleur Minerals has announced listing on Tradegate, which bolsters its international visibility and exposure to European markets alongside its existing listings on CSE (LFLR) and OTCQB (LFLRF).
Who has reviewed and approved the technical information in this announcement?
All scientific and technical information has been reviewed and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor of the company, who is considered a Qualified Person for the purposes of NI 43-101.
Where can investors find the latest news and updates about LaFleur Minerals?
The latest news and updates relating to LFLRF are available in the company’s newsroom at https://ibn.fm/LFLRF.
Why is the Abitibi Greenstone Belt location significant for gold exploration?
The Abitibi Greenstone Belt is a globally renowned gold district, making it a highly prospective area for gold exploration and development with established mining potential.
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