LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) has received coverage from Zacks Small Cap Research, a development that increases the junior mining company's market visibility and provides an independent assessment of its value. Zacks Small Cap Research has indicated a fair market value of $1.04 per share for LaFleur. This coverage comes at a critical juncture as the company prepares to launch gold production operations at its wholly-owned Beacon Gold Mill, located in Quebec's prolific Abitibi Greenstone Belt, Canada's largest gold-producing region.
The timing of this analyst coverage is significant given the current market environment for gold, which has seen record prices over the past year. LaFleur positions itself as a near-term gold producer and explorer, uniquely situated among junior miners due to its ownership of the Beacon Gold Mill. The company acquired the mill at a bankruptcy sale for $1.2 million, an asset with an estimated replacement value exceeding $70 million. This strategic acquisition provides LaFleur with existing processing infrastructure, potentially accelerating its path to production and reducing capital expenditures compared to building a new facility.
LaFleur's production strategy centers on its Beacon Gold Mill in Val d'Or, Quebec, and its nearby Swanson Gold Project. The Swanson Project consists of 445 mineral claims and one mining lease spanning more than 18,000 hectares (approximately 44,500 acres). The project is situated about 50 kilometers north of the mill, an ideal trucking distance to supply the facility with ore feed. The mill itself contains complete processing circuits, including crushing, grinding, flotation, regrind, leaching, and Merrill-Crowe circuits capable of processing gold ore.
To fund the restart of operations, LaFleur recently closed three financing rounds totaling $7.8 million. This capital injection is earmarked specifically for recommissioning gold production at the Beacon Gold Mill. The combination of analyst coverage, secured financing, and strategic assets creates a compelling narrative for the company's re-rating potential in the public markets. Investors seeking more information can find the latest news and updates in the company's newsroom at https://ibn.fm/LFLRF.
The broader implications of LaFleur's progress extend to the junior mining sector and regional economic development. Successful production restart would demonstrate the viability of recommissioning existing mining infrastructure, a model that could attract attention from other companies and investors. For the Abitibi region of Quebec, a new producing mine would contribute to local employment and economic activity. The analyst coverage from Zacks provides an external validation point for retail and institutional investors evaluating the company's stated value proposition against its current market valuation.
All scientific and technical information in the company's disclosures has been reviewed and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor, who is considered a Qualified Person for the purposes of National Instrument 43-101. This press release was disseminated on behalf of LaFleur Minerals Inc. and may include paid advertising. The specialized communications platform Rocks & Stocks, which is powered by IBN and part of a larger brand portfolio, delivered this content. For more information on the platform, visit https://RocksAndStocks.news.
