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LAFLEUR MINERALS (LFLRF) Stock News

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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.

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LaFleur Minerals (LFLRF) reported near-surface gold mineralization at Bartec, making the showing a priority for follow-up drilling at Swanson. Hole SW-26-124 intersected 6.05 grams of gold per tonne over 8.00 metres, including 14.96 grams per tonne over 3.00 metres. The interval lies approximately 30 metres below surface, approximately 5 kilometres from the main Swanson deposit.

At Jackson, drilling extended gold mineralization approximately 1,200 metres west-northwest of the historical showing. Results included 27.80 grams per tonne over 1.00 metre and 0.60 grams per tonne over 44.00 metres. Jolin holes returned multiple mineralized intervals. The latest results cover 35 regional holes totalling 9,429 metres; further drilling is needed to establish mineralization continuity. LaFleur and Trafigura are negotiating a definitive agreement for proposed prepayment and gold doré offtake financing.

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LaFleur Minerals (LFLRF) appointed Rauni Malhi as a director effective September 15, 2026, following the resignation of Michael Kelly on September 7, 2026.

Malhi is a British Columbia-based paralegal with prior board experience at TSX Venture Exchange issuers. The board now includes Kulwant Malhi (Chairman), Paul Teniere (President), Jeff Swinoga, Peter Espig (Senior Advisor) and Rauni Malhi, while the management team is led by CEO Andrew Elinesky and CFO Harry Nijjar alongside several technical advisers. The audit committee has been reconstituted to include Jeff Swinoga (Chairman), Peter Espig and Kulwant Malhi. The company granted Malhi 500,000 stock options at an exercise price of $0.40 per share, expiring September 15, 2031, with half vesting immediately and half after six months, subject to Canadian Securities Exchange policies.

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LaFleur Minerals (LFLRF) appointed Andrew Elinesky as Chief Executive Officer, effective immediately, and reported major progress at its Beacon Gold Mill and Swanson Gold Project as of September 9, 2026.

Elinesky brings over 20 years of senior public-company experience, including leading Sabre Gold Mines through reorganization and sale, and 11 years at McEwen Mining where he helped arrange more than $150 million of equity and debt financings. He is granted 2,000,000 stock options at an exercise price of $0.40, vesting over two years with a 5‑year term. Beacon Gold Mill recommissioning has reached over 95% completion on an average per‑item basis, with grinding, crushing, storage and thickening circuits essentially complete, and leaching and filtration circuits substantially advanced. Swanson drilling continues to return broad gold intercepts, including up to 2.95 g/t Au over 80.00 metres, while Trafigura has completed a site visit as part of ongoing due diligence on proposed prepayment and gold doré offtake arrangements.

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LaFleur Minerals (OTCQB:LFLRF) extended its exclusivity and due diligence period with Trafigura for a proposed C$30 million prepayment facility and gold dore offtake agreement to August 31, 2026, remaining subject to definitive documentation and approvals.

Beacon Gold Mill reconditioning is about 84% complete and on budget, with key processing circuits substantially finished and remaining work focused on ore feed, refinery commissioning, compressors, cranes, standby power and tailings facility maintenance. Mechanical completion and staged commissioning are targeted for Q4 2026, using existing stockpiles.

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LaFleur Minerals (OTCQB:LFLRF) extended its exclusivity and due diligence period with Trafigura to August 31, 2026 for a proposed up to C$30 million prepayment facility and gold doré offtake agreement. The Beacon Gold Mill mechanical reconditioning program in Val-d'Or is about 84% complete, on budget, with staged commissioning targeted for Q4 2026 using onsite stockpiles.

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LaFleur Minerals (OTCQB:LFLRF) signed a Content and Online Marketing Agreement with Maximus Strategic Consulting, operator of PinnacleDigest.com, to provide investor relations, marketing and promotional services.

The four-month term runs from June 15 to October 15, 2026, for cash consideration of $105,000.

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LaFleur Minerals (CSE: LFLR, OTCQB: LRLRF) acquired a 100% interest in 27 mineral claims totaling about 701.7 hectares adjoining its McKenzie East Gold Project and Fresnillo's McKenzie Break in Quebec's Val-d'Or district.

The cash-only deal cost C$35,000, with no securities issued, no finder's fee, and no NSR. The claims support LaFleur's district-scale strategy around its PEA-stage Swanson Gold Project and fully permitted Beacon Gold Mill, where recent drilling has returned long gold intervals open at depth and along strike.

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LaFleur Minerals (OTCQB:LFLRF) upsized its bought deal equity offerings from C$8 million to C$10 million, with potential gross proceeds of C$11.5 million if over-allotment and underwriter options are fully exercised.

Units at C$0.50, Charity FT Units at C$0.68, and FT Units at C$0.57 include warrants exercisable at C$0.75 for 36 months. Proceeds will fund commissioning and restart of the Beacon Gold Mine, exploration at the Swanson Gold Project, and working capital.

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LaFleur Minerals (OTCQB:LFLRF) announced bought deal equity offerings totaling C$8.0 million in gross proceeds, or up to C$9.2 million if over-allotment and underwriter options are fully exercised. The financing combines a public unit offering and a concurrent flow-through private placement.

Units are priced at C$0.50 and charity flow-through units at C$0.68, with additional FT units at C$0.57. Proceeds will fund commissioning and restart of the Beacon Gold Mine, exploration at the Swanson Gold Project, and working capital. Closing is expected around June 9, 2026, subject to regulatory approvals.

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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.

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FAQ

What is the current stock price of LAFLEUR MINERALS (LFLRF)?

LAFLEUR MINERALS (LFLRF) last closed at $0.2384.

What is the market cap of LAFLEUR MINERALS (LFLRF)?

The market cap of LAFLEUR MINERALS (LFLRF) is approximately $27.9M.