“We bought these assets when nobody was funding mining. At $4,000 gold, it feels like we won the lottery,” Executive Chairman of LaFleur Minerals
FROM EXPLORATION TO PRODUCTION IN RECORD TIME
With gold prices surpassing US $4,000 per ounce, LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF)(FSE: 3WK0) is seizing a generational opportunity in Quebec’s Abitibi Gold Belt. The company’s fully permitted, recently upgraded Beacon Gold Mill—valued above $71 million replacement value, positions it among the few small caps ready to transition from exploration to production without years of permitting delays or heavy capital outlay. Feed for the mill will come from LaFleur’s 100%-owned Swanson Gold Deposit as primary source, which holds 123,000 oz indicated and 64,500 oz inferred gold, just 60 kilometres away from the mill.
BUILDING QUEBEC’S NEXT GOLD PRODUCER
The Executive Chairman describes LaFleur’s model as built for near-term cash flow:
“Our mill last operated when gold was $1,600. We’re restarting it at $4,000 an ounce. The economics speak for themselves.”
Trial runs are targeted for December 2025, with commercial production expected by early 2026. LaFleur aims to produce up to 30,000 ounces per year, translating to roughly C$168 million in potential annual output at today’s gold prices.
KEY ADVANTAGES
- Fully permitted Beacon Gold Mill ready for restart that underwent $20 million in refurbishments in 2022
• Swanson Gold Deposit on a mining lease requiring minimal new permitting, district-scale property primed for consolidation with surrounding claims to expand footprint
• Strategic location in Quebec’s world-class Abitibi district, surrounded by over 100 historical and operational mines, allowing for rapid monetization of mineralized material from nearby gold deposits
• Nearby deposits creating a pipeline for future M&A expansion
PROVEN TEAM, PERFECT TIMING
The Executive Chairman through Bullrun Capital, has a track record of financing and building high-growth ventures—including Patriot One Technologies (TSX: PAT) and Xtract One (TSX:XTRA) and brings deep access to institutional capital. Acquiring the Beacon assets out of bankruptcy in 2022, when gold was ~$1,600 and funding was scarce, now looks like a masterstroke.
THE OUTLOOK
LaFleur plans to ramp up from 900 tons per day to 5,000 tons per day within three years. The company plans expanding its resource base to 3–5 million ounces through targeted acquisitions. With a debt-free, royalty-free mill, a strong Quebec-based operating team, and record-high gold prices, LaFleur Minerals is one of the few juniors positioned to turn ounces into dollars now, not years from now.