LaFleur Minerals Inc. has filed an independent NI 43-101 technical report supporting its preliminary economic assessment for the Swanson Gold Deposit and Beacon Gold Mill in Québec's Abitibi Gold Belt. The report outlines a vertically integrated mine-to-mill strategy and a potential restart of gold production, representing a significant step toward developing district-scale gold projects in this prolific mining region.
The PEA highlights include a 65% after-tax internal rate of return, a C$101 million net present value at a 5% discount rate, and an all-in sustaining cost of US$1,569 per ounce. These strong financial metrics leverage existing infrastructure and target staged expansion, while the company advances engineering, drilling, and permitting toward a potential production decision. The Swanson Gold Project encompasses approximately 18,304 hectares and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining.
This development matters because it signals potential renewed economic activity in Québec's mining sector, particularly in the Abitibi Gold Belt near Val-d'Or. The project's accessibility by road allows direct access to several nearby gold mills, enhancing its development potential. LaFleur Minerals' fully permitted and refurbished Beacon Gold Mill 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 implications extend beyond the company to the broader mining industry and regional economy. A successful restart of gold production could create jobs, generate tax revenue, and demonstrate the viability of leveraging existing infrastructure in established mining districts. 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 which make up the Swanson Gold Project. For investors and stakeholders, the latest news and updates relating to LFLRF are available in the company's newsroom at http://ibn.fm/LFLRF.
The technical report filing represents a formal milestone in the project's advancement, providing independent validation of the economic assumptions and technical parameters. This development occurs within the context of MiningNewsWire, a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. More information about MiningNewsWire is available at https://www.MiningNewsWire.com. The full terms of use and disclaimers applicable to all content provided by MNW are available at https://www.MiningNewsWire.com/Disclaimer.
