Beacon Gold Mill and Tailings Pond
Discover the Beacon Gold Mill : A Visual Tour
On September 20th 2024 , LaFleur Minerals was pleased to announce the agreement to acquire the Beacon Gold Mill and Beacon Gold Property in the Abitibi Gold Belt in Québec through an arm’s length Asset Purchase Agreement (the “Agreement”) with Beacon Gold Mill Inc. (the “Vendor”), Monarch Mining Corp. (the “Intervenor”) and 9511-2090 Quebec Inc and LaFleur Minerals Inc. (the “Purchasers”). The Beacon Mill and Property are located in Val-d’Or on Route 117 and 40 km south of the Company’s Swanson Gold Project (“Swanson Project”). The Beacon Mill is fully permitted and currently under care and maintenance after a $20M refurbishment completed by Monarch Mining Corp. (“Monarch”) in 2022.
Beacon Mill
The Beacon Mill utilizes a Merrill Crowe process and is capable of processing 750 tpd. The mill is fully permitted to process up to 1.8 million tonnes of tailings, with additional capacity if required. Monarch acquired the mill on December 2, 2017, after purchasing all the mining assets in Québec belonging to Richmont Mines, which included the Beaufor Mine and Beacon Mill.
Monarch invested approximately $20M to refurbish the Beacon Mill as recently as 2022. On September 27, 2022, Monarch suspended its operations at the Beaufor Mine and at the Beacon Mill and placed the mine and the mill under care and maintenance.
The following equipment is present at the Beacon Mill:
- Cyanidation mill with a capacity of 900 tpd, potential to expand to 1,800 tpd
- Mill building, 27.5 m wide, 69 m long and 15 m in height
- Tailings pond; 37 hectares
- Polishing pond: 28 hectares
- Fresh water basin; 250,000 gallons
- Process water basin: 750,000 gallons
- 4000 KVA transformer
Beacon Gold Property
The past-producing Beacon Mine is located on the site of the Beacon Mill. The Property consists of a mining lease, a mining concession, and 11 mining claims. Mining infrastructure includes two (2) mining ramps put down in 1981 to a depth of 90 m and 170 m. Three (3) shafts are present on the Property, including the Beacon shaft which was sunk in 1987 to a vertical depth of 486.3 metres. The Beacon shaft hoist and headframe are still in place following the closure of the mine in 1989.
Geologically, the Property is well suited along the southeast contact of the Bourlamaque Batholith with the adjoining volcanics rocks, which host several gold mines in the region. Similar geological setting to nearby gold mines includes the Wrightbar, Beaufor, Dumont, Lac Herbin and Lamaque mines. The mineralization on the Property consists of a series of parallel sub-vertical shear zones hosting gold mineralization in quartz-carbonate-tourmaline-pyrite veins.
The Beacon I and II mines include mineralized zones where limited historical gold production was achieved during the period of 1984 to 1988 and again in 2005.
Geology
Beacon Mine located along the southeast contact of the Bourlamaque Batholith with the adjoining volcanic rocks, which hosts a significant number of mines .
Similar geological setting to the Wrightbar, Beaufor, Dumont, Lac Herbin, Sigma and Lamaque mines.
Both the geological context and the results of previous work indicate that this property is an excellent exploration play.
Drill Hole Database
Beacon I and Beacon II include mineralized zones where limited gold production was achieved during the period of 1984 to 1988 and again in 2005
Limited drill hole database available in the Government (Sigeom) database
D’Or Val Mines completed significant surface drilling during the period of 1980 — 1981 which permitted the locating of a series of parallel sub-vertical shear zones hosting gold-mineralized quartz-carbonate-tourmaline-pyrite vein
