LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) has reported additional infill diamond drilling results from its Swanson Gold Deposit that continue to support the expansion of mineralization at depth and along strike. The latest assay results include broad mineralized and high-grade sub-intervals, with visible gold encountered across several newly reported drill holes, increasing confidence in the project’s growth potential beyond the current resource estimate.
“LaFleur has intersected some of the strongest and widest gold mineralization to date at its Swanson Gold Project, indicating the presence of broad zones of gold mineralization extending beyond the limits of the current open pit resource… and highlighting the emergence of a potentially much larger, high-growth gold system with compelling expansion potential,” said Chairman Kal Malhi.
The Swanson Gold Project is approximately 19,214 hectares (192 km²) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur has consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits and several other showings which make up the Swanson Gold Project. The project is easily accessible by road, allowing direct access to several nearby gold mills, further enhancing its development potential.
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 company recently released the results of a positive Preliminary Economic Assessment (PEA) for the Swanson Gold Project and the planned restart of the Beacon Gold Mill.
These latest drilling results are significant as they suggest the potential for a much larger resource base than currently defined, which could improve the project's economics and extend its mine life. The presence of visible gold in multiple holes indicates strong gold mineralization continuity. Investors and stakeholders can view the full article for more details at https://ibn.fm/ee3cr.
For the latest news and updates relating to LFLRF, visit the company’s newsroom at https://ibn.fm/LFLRF. LaFleur Minerals 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 its PEA-stage Swanson Gold Project and the Beacon Gold Mill, which have significant potential to deliver long-term value.
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