LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) is expanding its footprint in the prolific Abitibi Greenstone Belt of eastern Canada, the country's largest gold-producing region. The company announced it has acquired 100% right, title and interest in 27 mineral claims adjacent to its recently acquired McKenzie East Project, adding 701 hectares to its holdings. This brings LaFleur's total acreage in the belt to over 57,083 acres (approximately 23,101 hectares, or 231 square kilometers).
The new claims are located near Val-d'Or, Québec, and include a historical gold showing. LaFleur plans an aggressive exploration strategy on these claims, which are currently active and in good standing until June 12, 2027. The acquisition follows the company's earlier purchase of the McKenzie East Project in April, and underscores its commitment to consolidating land in one of the world's most gold-rich regions.
This expansion comes as LaFleur prepares to resume production at its Beacon Gold Mill, which has undergone refurbishing upgrades. The mill is expected to restart operations in the coming months, allowing the company to capitalize on gold prices that are significantly higher than when the mill ceased operations in 2022. The timing positions LaFleur as a near-term gold producer with a strategic asset base.
The Abitibi Greenstone Belt has a long history of gold production, hosting numerous past and present mines. LaFleur's increased land position provides it with a larger exploration and development platform. The company's exploration strategy for the new claims will focus on leveraging historical data and modern techniques to identify potential mineralization.
All scientific and technical information in this release has been reviewed and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor of the company, who is a Qualified Person under NI 43-101. For more information on LaFleur Minerals, visit the company's newsroom at https://ibn.fm/LFLRF.
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