LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) has signed a definitive gold and silver purchase agreement with Ocean Partners and is advancing its fully permitted and refurbished Beacon Gold Mill and tailings storage facility in Val-d’Or, Québec, toward a restart of production. The company, which also owns the nearby Swanson Gold Project containing the PEA-stage Swanson Gold Deposit and numerous other gold targets, said it is working toward restarting gold production at the mill in the coming period. The mill last operated in early 2023 under a previous operator when the gold price was under US$2,000 per ounce.
The agreement with Ocean Partners marks a key commercial step for LaFleur as it seeks to bring the Beacon Gold Mill back into operation. The mill is fully permitted and refurbished, which could shorten the path to restart compared with projects that still require permitting or construction. With gold prices having risen substantially since the mill’s last campaign, a restart could offer improved economics for the operation. The Swanson Gold Project adds further exploration and development upside, with a PEA-stage deposit and multiple additional gold targets near the mill.
For investors, the definitive purchase agreement provides a clearer route for selling gold and silver output once production resumes. The company’s dual listing on the CSE and OTCQB gives U.S. investors access to the story, and the latest news and updates relating to LFLRF are available in the company’s newsroom at https://ibn.fm/LFLRF. The announcement was disseminated on behalf of LaFleur Minerals Inc. and may include paid advertising.
The news was distributed through InvestorWire, a specialized communications platform focused on advanced wire-grade press release syndication for private and public companies and the investment community. InvestorWire is one of more than 75 brands within the Dynamic Brand Portfolio at IBN, offering services that include access to a vast network of wire solutions, article and editorial syndication to 5,000+ outlets, enhanced press release enhancement, and social media distribution via IBN to millions of social media followers.
Full terms of use and disclaimers applicable to all content provided by InvestorWire are available at https://www.InvestorWire.com/Disclaimer.
