LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) has announced the acquisition of a 100% interest in 27 mineral claims totaling approximately 701.7 hectares in Quebec's Abitibi Gold Belt. The newly acquired claims are adjacent to the company's McKenzie East Project in the Val-d'Or mining district and were purchased from an arm's-length third party for cash consideration of C$35,000.
The acquisition supports LaFleur's strategy of consolidating prospective exploration ground in the Val-d'Or region, where it is advancing the PEA-stage Swanson Gold Project and preparing the fully permitted Beacon Gold Mill for a return to production. The property hosts the historical Maruska gold showing and contains no associated net smelter return royalty, which strengthens the economics of the project.
This move is significant as it expands LaFleur's footprint in the Abitibi Gold Belt, one of Canada's most prolific gold-producing regions. The company has consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits and several other showings that make up the Swanson Gold Project. The Swanson Gold Project is approximately 19,214 hectares (192 km2) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining.
LaFleur also highlighted plans to resume drilling at the Swanson Gold Deposit following recent results that extended gold mineralization below the current resource and demonstrated continued potential for resource growth. The company recently released the results of a positive Preliminary Economic Assessment (PEA) for the Swanson Gold Project and the planned restart of the Beacon Gold Mill (refer to press release dated March 3, 2026).
The Beacon Gold Mill, recently refurbished, is capable of processing over 750 tonnes per day and is being considered for processing mineralized material from Swanson and for custom milling operations for other nearby gold projects. The Swanson Gold Project is easily accessible by road, allowing direct access to several nearby gold mills, further enhancing its development potential.
For investors, this acquisition signals LaFleur's commitment to expanding its resource base and advancing toward production. The consolidation of claims in the Val-d'Or region could lead to increased resource estimates and improved project economics. The Abitibi Gold Belt has a long history of gold production, and LaFleur's strategic positioning may benefit from existing infrastructure and mining expertise in the area.
The full press release is available at https://ibn.fm/udddD. For the latest news and updates relating to LFLRF, visit the company's newsroom at http://ibn.fm/LFLRF.
