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LaFleur Minerals Intersects 6.05 g/t Au over 8.00 Metres, Including 14.96 g/t Au over 3.00 Metres, Near Surface at Bartec Target and Identifies Additional New Targets at the Swanson Property

Bartec is now a priority for follow-up drilling, while Jackson results extend mineralization beyond the historical showing.

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Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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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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16 points · 0 major

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0 major · 4 points

Hollow bars mark forward-looking points. How the balance works

Positive

  • Moderate pointBartec SW-26-124 intersected 6.05 g/t gold over 8.00 metres, including 14.96 g/t over 3.00 metres.
  • Minor point. Forward-looking: it has not happened yet and may not happen.Bartec mineralization lies approximately 30 metres below surface; LaFleur prioritizes follow-up drilling.
  • Minor pointJackson drilling extended gold mineralization approximately 1,200 metres west-northwest from the historical showing.
  • Minor pointJackson SW-26-113 intersected 27.80 g/t gold over 1.00 metre.
  • Minor pointJackson SW-26-117 intersected 0.60 g/t gold over 44.00 metres, including 3.41 g/t over 2.95 metres.
11 minor points
  • Minor pointJackson SW-26-111 intersected 1.45 g/t gold over 7.70 metres.
  • Minor pointJackson SW-26-110 intersected 0.61 g/t gold over 9.25 metres.
  • Minor point. Forward-looking: it has not happened yet and may not happen.Jolin SW-26-103 returned nine mineralized zones, providing targets for additional drilling.
  • Minor pointJolin SW-26-103 intersected 0.58 g/t gold over 19.60 metres, including 4.90 g/t over 1.60 metres.
  • Minor pointJolin SW-26-103 also intersected 1.77 g/t gold over 6.45 metres.
  • Minor point. Forward-looking: it has not happened yet and may not happen.Jolin SW-26-104 returned seven mineralized intervals, providing targets for additional drilling.
  • Minor pointJolin SW-26-104 intersected 0.53 g/t gold over 11.20 metres.
  • Minor pointJolin SW-26-104 also intersected 8.49 g/t gold over 0.70 metres.
  • Minor pointJolin SW-26-105 intersected 1.31 g/t gold over 4.80 metres.
  • Minor pointJolin SW-26-106 intersected 1.66 g/t gold over 3.20 metres.
  • Minor pointRegional hole SW-26-099 intersected 9.78 g/t gold over 1.00 metre.

Negative

  • Moderate pointTrafigura financing remains proposed, with terms of a definitive agreement still being negotiated.
  • Minor point. Forward-looking: it has not happened yet and may not happen.Jackson mineralized-zone geometry and continuity along strike and at depth require additional work.
  • Minor point. Forward-looking: it has not happened yet and may not happen.Jolin mineralization continuity, orientation and extent require additional drilling.
  • Minor point. Forward-looking: it has not happened yet and may not happen.Bartec follow-up drilling will test continuity along strike and down-dip.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Vancouver, British Columbia--(Newsfile Corp. - October 5, 2026) - LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) ("LaFleur Minerals" or the "Company") is pleased to report additional assay results from its regional drilling program on the Swanson Gold Project ("Swanson" or the "Project"), led by a near-surface intersection of 6.05 g/t Au over 8.00 metres, including 14.96 g/t Au over 3.00 metres, in hole SW-26-124 at the historical Bartec showing. At Jackson, drilling has extended gold mineralization approximately 1,200 metres west-northwest along strike from the historical showing, and at Jolin, drilling returned multiple mineralized intervals within individual holes. Bartec is now a new priority target, located approximately 5 km from the main Swanson Gold Deposit for follow-up diamond drilling.

BARTEC DRILL HOLE: 6.05 g/t Au over 8.00 metres, including 14.96 g/t Au over 3.00 metres, from 38.00 metres downhole (SW-26-124)

Bartec Target

The Bartec showing is a gold-silver occurrence and associated with the northwest-trending Bartec shear zone, near the contact between felsic volcanic rocks (rhyolite, dacite and felsic tuff) and porphyritic andesite. Mineralization consists of pyrite, native gold, chalcopyrite and native silver, with disseminated mariposite, hosted in quartz-carbonate-sericite veins and veinlets. The host rocks are carbonate-, sericite- and silica-altered, and the showing is interpreted as a shear-hosted, orogenic quartz-carbonate vein system. SIGÉOM records 20 historical diamond drill holes totalling 1,356 metres, completed in 1957, 1959 and 1987. These holes tested approximately 700 metres of strike along the structure. Reported historical intersections include 3.4 g/t Au over 1.5 metres and 2.4 g/t Au over 0.7 metres (GM 05974), and 11.66 g/t Au with 6.86 g/t Ag over 0.2 metres at 110.2 metres downhole in hole 86-1 (GM 45030). These historical results are taken from government assessment files. They have not been verified by the Company's Qualified Person and are presented for context only.

LaFleur Minerals drill hole SW-26-124 is the first modern-day drill hole to be completed at Bartec since 1987 and was designed to validate and characterize the style of mineralization at the Bartec showing, located approximately 1.3 kilometres northeast of the Jackson showing and 5 kilometres from the main Swanson Gold Deposit. The mineralized interval lies approximately 30 metres below surface.

Given the shallow depth, width and grade of this intersection and the limited modern drilling at Bartec, the showing is now a new priority target within the district-scale Swanson Gold Project for follow-up drilling to test the continuity of the mineralization along strike and down-dip.

REGIONAL DRILLING HIGHLIGHTS AT JOLIN AND JACKSON TARGETS

  • 0.58 g/t Au over 19.6 metres (SW-26-103 at Jolin)
  • 1.77 g/t Au over 6.45 metres (SW-26-103 at Jolin)
  • 0.53 g/t Au over 11.2 metres (SW-26-104 at Jolin)
  • 1.45 g/t Au over 7.70 metres (SW-26-111 at Jackson)
  • 27.80 g/t Au over 1.0 metre (SW-26-113 at Jackson)
  • 0.60 g/t Au over 44.0 metres SW-26-1117 at Jackson)

The regional drilling program forms part of LaFleur Minerals' broader 25,570.5 metre, 93-hole drilling program at the Swanson Gold Project. The regional drilling program is comprised of 64 holes totalling 16,331 metres. The Company reported results from 29 of those holes on February 4, 2026, and this news release reports results from the remaining 35 holes (9,429 metres) (Figure 1). The regional drilling program tested high-priority targets outside the Swanson Gold Deposit, generated from geological interpretation, airborne magnetic and VLF-EM surveys, ground IP, soil surveys and prospecting. These included the historical Bartec, Jackson, and Jolin showings and several newly identified prospects. Several holes intersected multiple mineralized intervals, indicating that gold mineralization extends beyond the known showings.

Significant assay results from the regional drilling program are presented in Table 1 and Figure 1. Drill collar coordinates and details are presented in Table 2.

Jackson Target

The Jackson area has emerged as an important regional target for follow-up exploration. Thanks to the recent high resolution airborne magnetic and VLF-EM surveys along with recent diamond drilling, the Jackson showing can be traced for 1,500m along strike.

Hole SW-25-40 (disclosed in the Company's February 4, 2026 news release) was completed in the area of the historical Jackson showing discovered in 1932 and intersected 2.88 g/t Au over 3.65 m. This intersection was followed up with hole SW-25-042 at depth, which intersected 5.78 g/t Au over 2.05 metres.

Hole SW-25-067 (disclosed in the Company's February 4, 2026 news release) was drilled 1,200 metres west and along strike of the Jackson showing and intersected 51.1 g/t Au over 1.0 metre, demonstrating the potential high-grade nature of the mineralization.

Hole SW-26-111, located approximately 660 metres along strike to the northwest of the historical Jackson showing, and halfway between the high-grade intersection of hole SW-25-067 intersected 1.45 g/t Au over 7.70 metres, including, 3.17 g/t Au over 1.15 metres and 3.30 g/t Au over 1.20 metres.

Hole SW-26-113, located approximately 200 metres southeast of SW-26-111 and 700 metres southeast of SW-25-067, intersected a higher-grade interval of 27.8 g/t Au over 1.0 metre, similar in context to SW-25-067.

Further drilling in the area returned a broad mineralized interval in SW-26-117, located approximately 75 metres northwest of the Jackson showing, which intersected 0.60 g/t Au over 44.0 metres, including 3.41 g/t Au over 2.95 metres.

These results extend gold mineralization well beyond the historical Jackson showing and provide several priority targets for follow-up drilling, including both high-grade and broad zones of mineralization. Additional work will be required to establish the geometry and continuity of the mineralized zones both along strike and at depth.

Jolin Target

LaFleur's drilling at Jolin has identified multiple mineralized zones within individual drill holes.

Hole SW-26-103 intersected nine separate mineralized zones, including 0.58 g/t Au over 19.6 metres; and approximately 77 metres farther downhole a second significant interval with 1.77 g/t Au over 6.45 metres.

Hole SW-26-104, also located in the Jolin area, intersected seven separate mineralized intervals, including a broad zone of 0.53 g/t Au over 11.2 metres.

The presence of multiple mineralized zones in these holes provides targets for additional drilling to determine the continuity, orientation and extent of the mineralization.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/6526/317140_046c236234e978a0_001.jpg

Figure 1: Regional Drill Holes with Significant Assay Results

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6526/317140_046c236234e978a0_001full.jpg

Table 1: Significant assay results table from regional drilling program at Swanson

Hole IDFrom (m)To (m)Length (m)Au (g/t)Target
SW-26-099190.00191.001.009.78Regional
SW-26-103176.50196.1019.600.58Jolin
Incl.186.50188.101.604.90Jolin
SW-26-103273.35279.806.451.77Jolin
SW-26-104334.80335.500.708.49Jolin
SW-26-104353.00364.2011.200.53Jolin
SW-26-105268.20273.004.801.31Jolin
SW-26-106214.80218.003.201.66Jolin
SW-26-11071.5080.759.250.61Jackson
SW-26-11130.8538.557.701.45Jackson
SW-26-113145.00146.001.0027.80Jackson
SW-26-11755.0099.0044.000.60Jackson
Incl.68.0070.952.953.41Jackson
SW-26-12438.0046.008.006.05Bartec
Incl. 41.0044.003.0014.96Bartec

 

Note: Reported intervals are drilled core lengths; true widths have not yet been determined. Composite intervals were calculated using a lower cut-off grade of 0.50 g/t Au and may include internal intervals of material below the cut-off grade. No top cut (capping) was applied to high-grade assays.

Table 2: Regional Drill Collar Locations

Hole
ID
UTM
Easting (m)
UTM Northing
 (m)
Azimuth
(deg)
Dip
(deg)
Length
(m)
SW-26-0883108995381023180-50250
SW-26-0913061385381183180-50202
SW-26-0923085515381803180-50238
SW-26-0933076655379590180-50265
SW-26-0943209515366605230-50214
SW-26-0953194015367312230-50202
SW-26-0963180135368209230-50220
SW-26-0973183325369281225-50235
SW-26-0983180485368935225-50244
SW-26-0993185855367620230-50244
SW-26-1003188155370005230-50247
SW-26-101318504536824075-50336
SW-26-102318415536825275-50355
SW-26-103318376536828375-50439
SW-26-104318292536825575-50550
SW-26-105318357536837075-50343
SW-26-106318278536852575-50466
SW-26-1073063285376404200-50262
SW-26-1083061725376384200-50214
SW-26-1093064455376266200-50256
SW-26-1103066175376206200-50268
SW-26-1113067745376114200-50253
SW-26-1123068635376102200-50325
SW-26-1133069255375995200-50223
SW-26-1143073965375986200-50250
SW-26-1153075305375882200-50265
SW-26-1163075755375865200-50250
SW-26-1173073855375929200-50241
SW-26-1183072115375800200-50214
SW-26-1193073415375951200-50223
SW-26-1203073845375683200-50200
SW-26-1213075565375533200-50247
SW-26-1223077285375729200-50253
SW-26-1233079435375632200-50200
SW-26-1243083605376828210-50235

 

Note: Drill Collar Coordinates are in UTM NAD83 Zone 18

Andrew Elinesky, CEO of LaFleur Minerals, commented: "We are very pleased with these regional drilling results, and Bartec is the standout. Hole SW-26-124 intersected 6.05 g/t Au over 8.00 metres, including 14.96 g/t Au over 3.00 metres, just 30 metres below surface, on a showing that had not seen modern drilling. At Jackson, we have now intersected gold over a 1,200-metre corridor west-northwest of the historical showing, and at Jolin, several holes returned multiple mineralized intervals. Bartec moves straight to the top of our follow-up drilling list. "

Marc Ducharme, VP Exploration, commented: "We are very encouraged with these latest regional drilling results with several high-grade mineralized gold intervals with significant widths identified across the relatively underexplored regional trends at the Jolin, Bartec, and Jackson targets. Our objective is to explore and expand the potential for large-scale gold mineralized systems through focused exploration drilling programs at the district scale. We are convinced that the Swanson Gold Project has the potential to host several large-scale, gold deposits and our current drilling program is aligned on significantly expanding the existing mineral resource at the main Swanson Gold Deposit."

Sampling, QAQC, and Laboratory Analysis Summary

All core logging and sampling completed by LaFleur Minerals as part of its diamond drilling program is subject to a strict standard for Quality Control and Quality Assurance (QAQC), which include the insertion of certified reference materials (standards), blank materials, and field duplicate analysis. NQ-diameter sawed half-core samples from the drilling program at Swanson were securely sent by Company geologists to AGAT Laboratories Ltd. (AGAT), with sample preparation in Val-d'Or, Québec and analysis in Thunder Bay, Ontario, where samples were processed for gold analysis by 50-gram fire assay with an atomic absorption finish. Samples from selected holes were securely sent to AGAT in Calgary, Alberta, for multi-element analysis (including silver) by inductively coupled plasma (ICP) method with a four-acid digestion. AGAT sample preparation and laboratory analysis procedures conform to the requirements of ISO/IEC Standard 17025 guidelines and meet the requirements under NI 43-101 and CIM best practice guidelines. AGAT is independent of LaFleur Minerals.

The Qualified Person notes no drilling, sampling or recovery factors that could materially affect the accuracy or reliability of the data.

Trafigura Update

LaFleur Minerals continues to advance discussions with Trafigura regarding the previously announced proposed prepayment and gold doré offtake financing. Following Trafigura's site visit to the Swanson Gold Project and Beacon Gold Mill in August 2026, the parties are negotiating the terms of a definitive agreement. There can be no assurance that a definitive agreement will be entered into, or as to its final terms or timing. The Company will provide an update when appropriate.

Qualified Person Statement and Data Verification

All scientific and technical information in this news release has been prepared and approved by Marc Ducharme, P.Geo. (OGQ), Vice President of Exploration for the Company and considered a Qualified Person (QP) for the purposes of NI 43-101. Mr. Ducharme is not independent of the Company. The QP has verified the analytical data underlying the drilling assay results disclosed in this release by reviewing the Company's QAQC protocols, core and sample logs, original assay certificates and assay database, and notes no drilling, sampling or recovery factors that could materially affect the accuracy or reliability of the data.

About LaFleur Minerals Inc.

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d'Or, Québec. The Company's mission is to advance mining projects with a laser focus on our PEA-stage Swanson Gold Project and the Beacon Gold Mill, which have significant potential to deliver long-term value. The Swanson Gold Project is approximately 20,642 hectares (206 km2) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur Minerals has consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold targets and several others that make up the Swanson Gold Project. LaFleur Minerals' recently refurbished Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material from Swanson and for custom milling operations for other nearby gold projects. The Swanson Gold Project is located approximately 55 kilometres north of Val-d'Or in the Abitibi Greenstone Belt, one of the world's most prolific gold-producing regions. The Val-d'Or-Malartic mining district, 50 to 75 kilometres south and southwest of Swanson, hosts several operating mines and advanced projects, including Agnico Eagle's Canadian Malartic, Goldex and LaRonde mines, Eldorado Gold's Lamaque Complex, Fresnillo's Novador project, and Cartier Resources' Chimo Mine project. Further northeast, Gold Fields is advancing the Windfall deposit, while Bonterra Resources is advancing the Barry and Gladiator deposits in the Urban-Barry gold camp. Mineralization at these properties is not necessarily indicative of mineralization at the Swanson Gold Project. LaFleur Minerals recently released the results of a positive Preliminary Economic Assessment ("PEA") results for the Company's Swanson Gold Project and the planned restart of the Beacon Gold Mill (refer to press release dated March 3, 2026).

ON BEHALF OF LAFLEUR MINERALS INC.
Andrew Elinesky
Chief Executive Officer
E: andrew@lafleurminerals.com
T: (416) 904-2725

LaFleur Minerals Inc.
1500-1055 West Georgia Street
Vancouver, BC V6E 4N7
Website: www.lafleurminerals.com | LinkedIn | Twitter/X | Instagram

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Statement Regarding "Forward-Looking" Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws. This includes statements about the interpretation of drilling results, planned follow-up drilling at Bartec, the Swanson deposit drilling program, target generation using geophysics and AI-assisted methods, and the PEA and the Beacon Gold Mill restart. These statements are based on management's reasonable assumptions at the date of this release, but they are subject to risks and uncertainties that could cause actual results to differ materially. Those include the speculative nature of mineral exploration, the continuity and grade of mineralization, the availability of financing and permits, gold prices, and the risks described in the Company's filings on SEDAR+. Drilling results are not necessarily indicative of a mineral resource. The PEA is preliminary in nature and includes Inferred Mineral Resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as Mineral Reserves, and there is no certainty that the PEA results will be realized. Readers should not place undue reliance on forward-looking information. Except as required by law, the Company undertakes no obligation to update it.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/317140

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did LaFleur Minerals find at the Bartec gold target?

Hole SW-26-124 intersected 6.05 g/t gold over 8.00 metres, including 14.96 g/t over 3.00 metres. The mineralized interval lies approximately 30 metres below surface. Bartec is now a priority for follow-up drilling to test continuity along strike and down-dip.

Has LaFleur Minerals finalized its Trafigura financing agreement?

No definitive agreement has been entered into; the parties are negotiating terms for proposed prepayment and gold doré offtake financing. Negotiations follow Trafigura's August 2026 site visit to the Swanson Gold Project and Beacon Gold Mill.

How were LaFleur Minerals' Swanson gold assay intervals calculated?

Composite intervals used a 0.50 g/t gold lower cut-off and may include internal material below that grade. No top cut, or cap on high-grade assays, was applied. Reported intervals are drilled core lengths; true widths have not yet been determined.

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