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LaFleur Minerals Inc. reports exploration and development updates for gold assets in Québec's Abitibi Gold Belt. Company news centers on drilling at the Swanson Gold Project, mineral resource and technical-report disclosures, and work related to the 100%-owned Beacon Gold Mill near Val-d'Or.
Recurring developments also include leadership and operating-capacity updates as the company advances a mine-to-mill gold strategy, along with announcements tied to capital structure, governance matters, shareholder actions, material agreements, and operating or financial results.
LaFleur Minerals (OTCQB:LFLRF) reported new drilling results from the Swanson Gold Project in Québec, confirming broad, continuous gold mineralization within and beyond the 2026 resource and pit shell.
Highlights include 2.95 g/t Au over 80.00 m and 2.37 g/t Au over 88.05 m, supporting large-scale system expansion and the strategy around the 100%-owned Beacon Gold Mill restart.
LaFleur Minerals (OTCQB: LFLRF) engaged Bedford Consulting Group to recruit a senior mining executive as it advances toward restarting gold production at its 100%‑owned Beacon Gold Mill in Québec. Key milestones include a C$7.8M financing, a PEA with after‑tax IRR of 65% and NPV(5%) C$101M, a 2026 resource update (160.3 koz indicated), a proposed C$30M Trafigura prepayment and offtake facility, and ongoing drill results that expand the Swanson Gold Deposit.
LaFleur Minerals (OTCQB: LFLRF) appointed Marc Ducharme as Vice President Exploration and Mike Petrina as Vice President Mining Operations to accelerate exploration at Swanson and restart the Beacon Gold Mill. The company increased a previously announced stock option grant to 3,000,000 options at $0.65 (3-year expiry) and engaged a 6-month marketing campaign for USD $300,000.
New hires are Val-d’Or–based and intended to support near-term mill feed sourcing, operational readiness, permitting, and expanded exploration in the Abitibi Gold Belt.
LaFleur Minerals (OTCQB:LFLRF) agreed to acquire 100% of the McKenzie East Gold Project in Val-d’Or for $30,000 cash and 175,000 common shares, subject to exchange approval. The 1,781.18-ha property sits adjacent to Fresnillo’s McKenzie Break and adds potential mill feed for LaFleur’s Beacon Gold Mill. LaFleur also reported continued deep, wide gold intercepts at its Swanson Gold Project, citing multiple multi-decade metre-scale intersections and high-grade intervals, and reaffirmed plans to expand resources and advance a near-term Beacon mill restart and capacity upgrade.
LaFleur Minerals (OTCQB:LFLRF) reported drill results from the Swanson Gold Project on April 22, 2026, showing broad, continuous gold mineralization beyond the current 2026 resource envelope. Key intervals include 1.18 g/t Au over 255.04 m, 1.65 g/t Au over 136.10 m, and 2.29 g/t Au over 68.30 m, plus isolated assays up to 86.8 g/t Au over 1.0 m. Drilling extends the deposit to ~275 m strike and >300 m depth; additional drilling and assays are ongoing.
LaFleur Minerals (OTCQB:LFLRF) reported step-out drilling at the Swanson Gold Project confirming broad, continuous gold mineralization beyond the 2026 resource envelope. Key assays include 1.18 g/t Au over 255.04 m, 1.65 g/t Au over 136.10 m, and 2.29 g/t Au over 68.30 m, plus isolated highs to 86.8 g/t Au.
The deposit is now traced ~275 m along strike, averaging a 150 m horizontal width and extending below 300 m depth; further drilling and assay results are ongoing.
LaFleur Minerals (OTCQB: LFLRF) reported drill results at the Swanson Gold Deposit, including 1.18 g/t Au over 255.04 m (SW-25-080), 1.65 g/t Au over 136.10 m (SW-25-081) and 2.29 g/t Au over 68.30 m (SW-25-079).
Drilling extends the deposit to ~275 m strike, average horizontal width ~150 m and depths >300 m, with visible gold and isolated high-grade assays up to 86.8 g/t Au. Further drilling and assay updates are ongoing.
LaFleur Minerals (OTCQB:LFLRF) reached a term sheet with Trafigura for a C$30 million prepayment facility and gold doré offtake to support restarting the Beacon Gold Mill and developing the Swanson Gold Deposit.
The facility has no commodity hedging, includes an initial tranche up to C$15 million, targets processing ramp to 1,250 tpd and gives Trafigura ROFR to fund expansion to 3,000–4,000 tpd. Agreements remain subject to due diligence, definitive documentation and required approvals; first gold pour is planned for Q2 2026.
LaFleur Minerals (OTCQB:LFLRF) filed a NI 43-101 PEA dated March 27, 2026, supporting restart of gold production at the fully permitted Beacon Gold Mill using mineralized material from the Swanson Gold Deposit.
Key metrics include a 65% after-tax IRR, C$101 million NPV (5%), and US$1,569/oz AISC at a US$2,750/oz base case, with staged mill expansion to 1,250 tpd and an evaluated replacement cost of $71 million.
LaFleur Minerals (OTCQB:LFLRF) highlighted its steps to pair exploration growth with infrastructure amid strong gold prices. Key updates include a favorable Preliminary Economic Assessment (PEA) for the Swanson Gold Project, drilling results supporting deposit expansion, and ongoing refurbishment at the fully permitted Beacon Gold Mill. The company says it is progressing toward a potential gold pour this year.
These actions illustrate a strategy to leverage Québec’s Abitibi Gold Belt assets as gold markets strengthen.