Drill Results
LaFleur Minerals Announces High-Grade Gold Assay Results and Provides Update on Beacon Gold Mill and Swanson Gold Deposit Ramp-Up Activities

LFLR · Price
Executive Summary
- LaFleur Minerals Inc. reports initial high-grade gold assay results from its ongoing exploration drilling program at the Swanson Gold Deposit, highlighting significant step-out intersections and a new discovery in the Bartec target area.
- The Company provides an operational update on the restart of the fully permitted Beacon Gold Mill, confirming readiness within a $5 million budget and noting that a Preliminary Economic Assessment (PEA) is expected by the end of October 2025.
- The Company announced strategic marketing and investor relations engagements with CEO.CA Technologies Ltd. and Maximus Strategic Consulting Inc. (Pinnacle Digest), including specific cash fees and share/warrant holdings by Pinnacle Digest.
Key Details
- Swanson Gold Deposit Drilling Results:
- Total Drilling: 24 drill holes completed, totaling 5,283 metres.
- Assay Availability: Results available for six (6) holes; additional holes pending.
- Program Extension: Initial 5,000m program completed; program extended to approximately 7,500 metres based on encouraging results.
- Significant Intercepts:
- SW-25-033: 7.47 g/t Au over 1.35 metres (near surface, 1 km along strike SE of Swanson Deposit).
- SW-25-034: 7.68 g/t Au over 1.0 metre (step-out, 300 metres along strike NW of Swanson Deposit).
- SW-25-037 (Bartec Target): 17.80 g/t Au over 1.0 metre, plus anomalous Molybdenum (Mo) and Copper (Cu) in the Laflamme intrusion.
- SW-25-037 (Bartec Target): 1.15 g/t Au over 3.55 metres, including 9.06 g/t Au over 0.35 metres.
- Visual Observations (Assays Pending):
- SW-25-038: 17.9 metres of massive to semi-massive sulphides (pyrite) from 217.65m to 235.55m.
- SW-25-043: Disseminated to stringer pyrite in quartz veinlets between 144.20-145.75m and 147.00-151.05m.
- SW-25-046: Disseminated, stringer, and locally massive sulphides associated with graphitic shear zones between 126.6m and 139.5m.
- Beacon Gold Mill Restart:
- Status: Fully updated and permitted; state of readiness confirmed by independent evaluation by Bumigeme Inc.
- Budget: Estimated restart cost of $5 million.
- Valuation Context: Independent valuation indicates replacement cost of a new mill and TSF with permitting would exceed C$71.5 million and take 3-4 years.
- PEA: Full-service geological and mining consulting firm engaged to provide a comprehensive PEA by the end of October 2025.
- Capacity: Mill capable of processing over 750 tonnes per day.
- Marketing and Investor Relations Engagements:
- CEO.CA Technologies Ltd.:
- Agreement dated August 6, 2025.
- Services: Advertising, news distribution, promotional content for 12 months (ending August 6, 2026).
- Consideration: Cash fee of CAD $95,000 plus GST.
- Maximus Strategic Consulting Inc. (Pinnacle Digest):
- Agreement dated September 10, 2025.
- Services: Video production and distribution via PinnacleDigest.com for 4 months (October 1, 2025 – February 2026).
- Consideration: Cash fee of CAD $100,000 plus GST.
- Shareholdings: Pinnacle Digest owns 156,000 common shares, 166,666 warrants exercisable at $0.45 (until Oct 4, 2026), and 156,000 warrants exercisable at $0.75 (until Sept 19, 2027).
- CEO.CA Technologies Ltd.:
- Listing Updates:
- Shares cross-listed on Canadian Securities Exchange (CSE) and Frankfurt Stock Exchange (FSE).
- Submission for listing on Tradegate underway to increase access in Australasia and Asia.
Notable Quotes
- Kal Malhi, Chairman: "LaFleur Minerals is blessed to have the fully updated and permitted Beacon Gold Mill... This puts LaFleur Minerals in a unique category of a full-fledged near-term gold producer in the prolific Abitibi Gold District."
- Paul Ténière, CEO: "Near-surface grades such as 7.47 g/t Au over 1.35 metres and 7.68 g/t Au over 1.0 metre reinforce the strong opportunity for additional shallow mineralization along strike to the Swanson Gold Deposit... The very encouraging intercept of 17.80 g/t Au over 1.0 metre with anomalous molybdenite and copper mineralization in the Laflamme intrusion demonstrates the high-grade gold potential and different style of mineralization in a new area near the Bartec target."
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Jun 10, 2026 · 09:16