VANCOUVER, BC – July 7, 2025 – LaFleur Minerals Inc. (CSE: LFLR, OTCQB: LFLRF, FSE: 3WK0) (“LaFleur Minerals” or the “Company”) is pleased to announce the engagement of Bumigeme Inc., an engineering firm located in Montréal, Québec, specialized in the mining and mineral treatment field, to conduct a valuation report (the “Valuation Report”) of the Company’s wholly‑owned Beacon Gold Mill in Val‑d'Or, Québec. The report aims to support funding and the restart of the strategically‑positioned Beacon Gold Mill in the prolific Abitibi gold belt, Canada’s largest gold-producing region.
Key Points
- The Valuation Report will determine the replacement value of the Beacon Gold Mill and tailings storage facility (TSF) in view of the Company’s near‑term re‑launch plan for processing mineralized material.
- It will incorporate critical factors, including the fact that the Beacon Gold Mill is a fully permitted processing facility that received over $20 million in upgrades in 2022 by its previous operator.
- The report will highlight the Company’s unique position to capitalize on the current gold price and demand environment.
- It will evaluate the cost to rehabilitate the Beacon Mill and TSF and include an estimate for permitting and building a similar facility today.
Details
Completion of the Beacon Gold Mill Valuation Report is a value‑added parameter that will clarify the Company’s intrinsic value to investors and potential partners, from both an asset value perspective and its ability to monetize production in the current market.
LaFleur Minerals is advancing toward planned gold production and a Preliminary Economic Assessment (PEA) to evaluate the potential economics of a large bulk sample and open‑pit mining scenario at the Company’s district‑scale Swanson Gold Project, utilizing the Beacon Gold Mill for processing.
The independent third‑party valuation is expected to facilitate additional permitting and work processes.
Considering the significant refurbishments recently made to the mill, the report will support the Company’s financing initiatives to secure debt and equity terms for the mill restart.
The Company’s comprehensive mill restart plan envisions minimal repairs and maintenance to the mill and TSF, supported by the Company’s $2.4 million reclamation bond as a financial backstop.
This independent Valuation Report presents an opportunity to emphasize the Company’s foundational value to shareholders and potential partners interested in monetizing production via the Beacon Mill and TSF facility.
As LaFleur Minerals continues development, it anticipates a confluence of opportunity driven by its wholly owned assets and regional potential.
With analysts at J.P. Morgan Research forecasting $4,100 per ounce gold prices for 2026 (source: June 10, 2025 article), LaFleur Minerals is well‑positioned to capitalize on record gold prices and investor demand for near-term gold producers in secure jurisdictions.
Qualified Person Statement
All scientific and technical information in this news release has been prepared and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor of the Company, and is considered a Qualified Person for the purposes of NI 43‑101.
About LaFleur Minerals Inc.
LaFleur Minerals Inc. (CSE: LFLR, OTCQB: LFLRF, FSE: 3WK0) focuses on the development of district‑scale gold projects in the Abitibi Gold Belt near Val‑d'Or, Québec.
The Company is dedicated to advancing mining projects, particularly its resource‑stage Swanson Gold Project and the Beacon Gold Mill, which have strong potential to deliver long‑term value.
Swanson Gold Project
- Size: Approximately 16,600 hectares (166 km²)
- Includes multiple gold- and critical-metal-rich prospects previously held by Monarch Mining, Abcourt Mines, and Globex Mining
- Recently consolidated a large land package along a major structural break
- Hosts the Swanson, Bartec, and Jolin gold deposits, along with several other showings
- Features road accessibility and a rail line providing direct access to nearby gold mills
Beacon Gold Mill
- Fully-refurbished and permitted
- Capable of processing over 750 tonnes per day
- Considered for processing mineralized material from Swanson
- Suitable for custom milling operations for nearby gold projects
Contact Information
ON BEHALF OF LAFLEUR MINERALS INC.
Paul Ténière, M.Sc., P.Geo.
Chief Executive Officer
Email: info@lafleurminerals.com
LaFleur Minerals Inc.
1500‑1055 West Georgia Street
Vancouver, BC V6E 4N7
Exchange Disclaimer
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 includes certain statements that may be deemed “forward‑looking statements.” All statements in this release, other than those of historical fact, that address events or developments the Company expects to occur are forward‑looking statements.
Forward‑looking statements are not historical facts and are generally identified by words such as:
- “expects”
- “plans”
- “anticipates”
- “believes”
- “intends”
- “estimates”
- “projects”
- “potential”
Or phrases like:
- “will”
- “would”
- “may”
- “could”
- “should”
These statements include, but are not limited to, those related to the use of proceeds from the Offering.
Although the Company believes these statements are based on reasonable assumptions, they are not guarantees of future performance. Actual results may differ materially due to:
- Market prices
- Availability of capital and financing
- General economic, market, or business conditions
Investors are cautioned that such statements are not guarantees and that actual results may differ materially. These statements are based on management’s beliefs, estimates, and opinions as of the date of this news release. Except where required by law, the Company does not undertake to update forward‑looking statements even if these beliefs or conditions change.
