Canada-based gold explorer LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) announced on October 5, 2026, a new gold discovery at its Bartec target, located near its flagship Swanson Gold Deposit within the larger Swanson Gold Project in the Abitibi Gold Belt. The discovery hole returned a near-surface intersection of 6.05 g/t Au over 8.00 meters, including a higher-grade interval of 14.96 g/t Au over 3.00 meters. This result establishes Bartec as a new priority for further exploration, according to the company.
The Bartec discovery, along with three additional showings, extends gold mineralization beyond the main Swanson Gold Deposit. The company also reported positive results at other regional gold targets within the Swanson property. These findings suggest the potential for a larger mineralized system than previously recognized, which could enhance the project's overall resource potential and economic viability.
In addition to the exploration success, LaFleur Minerals is negotiating the terms of a definitive agreement for a potential prepayment and offtake financing facility with global metal trader Trafigura Canada Limited. Such a facility could provide the company with non-dilutive funding and a secured buyer for its gold production, a critical step for a near-term gold producer aiming to advance its project toward production.
The news is significant for the junior mining sector, as it demonstrates the continued prospectivity of the Abitibi Gold Belt, one of the world's most prolific gold-producing regions. For investors, the high-grade intercept at Bartec, combined with the potential financing, could signal a path to near-term production and value creation. The discovery also highlights the importance of systematic exploration in established camps, where new zones can still be identified.
LaFleur Minerals is disseminating this news through NetworkNewsWire, a specialized communications platform. NetworkNewsWire is part of the Dynamic Brand Portfolio at IBN, which offers services including InvestorWire distribution and editorial syndication to 5,000+ outlets. The platform also provides corporate communications solutions to help clients gain visibility. For more details on the Bartec discovery, readers can refer to the full news release at Read More>>.
The technical information in the announcement was reviewed and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor, a Qualified Person under NI 43-101. Investors are cautioned that forward-looking statements involve risks and actual results may differ. The latest updates on LaFleur Minerals can be found at https://nnw.fm/LFLRF.
