Financial News
LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) Launches Diamond Drilling at Swanson Project, Beacon Gold Mill Valuation Is Finalized
- LaFleur Minerals has begun a fully funded, 5,000-metre diamond drilling campaign at its Swanson Gold Project in Quebec.
- All required drilling permits have been received, including Forestry Intervention and Authorization to Intervene.
- Independent valuation pegs Beacon Gold Mill’s replacement cost at over C$71.5 million; Mill rehabilitation and commissioning estimated at C$4.1 million, presenting a low-cost path to near-term production.
- The company has expanded its land package to over 18,300 hectares, reinforcing its district-scale potential.
LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0), a Canadian near-term gold producer, has initiated diamond drilling at its Swanson Gold Project in the prolific Abitibi region of Quebec, following receipt of key permits. The program, covering at least 5,000 metres of drilling, is focused on priority targets within the Swanson Gold Deposit and other promising zones, including Bartec, Jolin, and Marimac. According to the company, these zones were identified through detailed geological and geophysical work, including magnetic surveys, induced polarization (“IP”), and soil geochemistry analysis (https://ibn.fm/KGilj).
Drilling has already begun, and will test key structural, geological, geochemical and geophysical anomalies for additional gold mineralization potential, with additional details and assay results expected…
NOTE TO INVESTORS: The latest news and updates relating to LFLRF are available in the company’s newsroom at ibn.fm/LFLRF
About MiningNewsWire
MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.
MNW is where breaking news, insightful content and actionable information converge.
To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.MiningNewsWire.com
Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer
MiningNewsWire
Los Angeles, CA
www.MiningNewsWire.com
310.299.1717 Office
Editor@MiningNewsWire.com
MiningNewsWire is powered by IBN
More News
View MoreQuotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.