LaFleur Minerals Advances Swanson Gold Project and Beacon Mill Restart

LaFleur Minerals ( (TSE:LFLR) ) has shared an update.

LaFleur Minerals Inc. has announced updates on its Swanson Gold Project and the restart of its Beacon Gold Mill. The company plans to conduct extensive diamond drilling and bulk sampling at Swanson to identify new gold targets, with the goal of starting production by the end of 2025. The Beacon Mill, a key asset, is set to resume operations by early 2026, supported by significant interest from investors. This strategic move aims to generate cash flow and position LaFleur Minerals as a significant player in the Val-d’Or region’s gold production industry.

The most recent analyst rating on (TSE:LFLR) stock is a Buy with a C$0.83 price target. To see the full list of analyst forecasts on LaFleur Minerals stock, see the TSE:LFLR Stock Forecast page.

More about LaFleur Minerals

LaFleur Minerals Inc. operates in the mining industry, focusing on gold exploration and production. The company is primarily involved in the development of the Swanson Gold Project located in the Abitibi Gold Belt and owns the Beacon Gold Mill in Val-d’Or, Québec.

Average Trading Volume: 149,620

Technical Sentiment Signal: Sell

Current Market Cap: C$10.16M

For detailed information about LFLR stock, go to TipRanks’ Stock Analysis page.