Tuesday, 02 January 2024 12:17 GMT

Lafleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) Prepares For Gold Pour And Anticipates Straightforward Path To Profitability With Positive PEA


(MENAFN- Investor Brand Network) Disseminated on behalf of LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) and may include paid advertising.

    Recent analysis by Zacks Small Cap Research underscores the positive strategic position of Canadian gold developer LaFleur Minerals as it prepares to restart gold production at its Beacon Gold Mill this year LaFleur's assets include its wholly owned Beacon Gold Mill, nearby district-scale Swanson Gold Deposit within the renowned Abitibi belt, and a strategic proximity to skilled labor and equipment suppliers in the already established Val d'Or, Quebec mining camp LaFleur recently completed a Preliminary Economic Assessment (“PEA”) that outlining the potential for profitability thanks to its scalable mining project and established processing infrastructure, highlighted by a rapid payback period and capital efficiency with expected 65% IRR after taxes LaFleur updated its 2024 mineral resource estimate (“MRE”) with a 30% increase in the indicated MRE category to over 160,000 ounces of contained gold, and to over 66,000 ounces of contained gold in the inferred category

A recently completed Preliminary Economic Assessment (“PEA”) is substantiating near-term gold producer LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) 's profile as a junior gold developer positioned to capitalize on the pairing of its scalable Swanson Gold Deposit and its fully permitted Beacon Gold Mill in Eastern Canada's Tier‐1 Abitibi gold belt, as it prepares to restart gold production during Q2-2026.

The PEA highlights the project's capital efficiency and economic returns that are anticipated to be significant, particularly at market prices recorded throughout 2025 and into 2026. The PEA establishes a Net Present Value (“NPV”) of C$101 million (5% value creation) and places Internal Rate of Return (“IRR”) expectations at 65% after taxes - highlighting a potential investment profitability that features...

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NOTE TO INVESTORS: The latest news and updates relating to LFLRF are available in the company's newsroom at

Qualified Person Statement:

All scientific and technical information contained in this article has been reviewed and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Advisor of the company and considered a Qualified Person for the purposes of NI 43-101.

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