- Canadian near-term producer LaFleur Minerals is developing an exploration property with 18,304 hectares (45,230 acres) of gold-potential at its Swanson Gold Project, which is located in the heart of the Abitibi Greenstone Belt close to Val-d’Or, Québec, a globally renowned gold district
- The company has undertaken funding initiatives recently to raise capital for its operations
- As part of an ongoing 5,000 metre program at Swanson, LaFleur has already completed seven diamond drill holes on the project, three of which had been sampled, sawn, and sent to the assay laboratory as of early last month
- The company has also filed an updated NI 43-101 Technical Report for the Swanson Gold Project and is working to restart operations of its fully permitted and refurbished Beacon Gold Mill to eventually build a revenue stream from processing nearby mine production as well as its own potential mineralized material from Swanson
- Gold prices have hit record highs of late and some analysts predict gold prices may continue to rise over $4,000 per ounce in the coming year
Gold exploration and development company LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) is advancing its two gold projects in the heart of the Abitibi Greenstone Belt close to Val-d’Or, Québec, a globally renowned gold district, where the company began drilling in early July.
The company announced this past month that it had completed seven diamond drill holes totaling 1,764 meters, three of which had been sampled, sawn, and sent to the assay laboratory for analysis of the geological, geophysical, and geochemical targets up to 3 km from the Swanson Gold Deposit and along…
NOTE TO INVESTORS: The latest news and updates relating to LFLRF are available in the company’s newsroom at https://ibn.fm/LFLRF
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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