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LaFleur Minerals ( (TSE:LFLR) ) has provided an update.
LaFleur Minerals has engaged Environmental Resources Management to conduct a Preliminary Economic Assessment (PEA) for restarting gold production at the Beacon Gold Mill, using material from the Swanson Gold Deposit. The PEA aims to provide a comprehensive plan for the mill’s restart, leveraging recent high gold prices and the company’s 100% ownership of key assets. This initiative positions LaFleur Minerals to capitalize on the current gold market, offering significant economic potential and a near-term production outlook for stakeholders.
The most recent analyst rating on (TSE:LFLR) stock is a Buy with a C$1.04 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 production. The company owns the Beacon Gold Mill and the Swanson Gold Deposit, strategically located in the Abitibi Greenstone Belt, a prominent gold-producing region. LaFleur Minerals differentiates itself by being a fully integrated gold mining company, not reliant on toll milling from other companies.
YTD Price Performance: 91.04%
Average Trading Volume: 163,336
Technical Sentiment Signal: Buy
Current Market Cap: C$40.81M
For an in-depth examination of LFLR stock, go to TipRanks’ Overview page.