Disseminated on behalf of LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) and may include paid advertising.
Near-term gold producer LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) has announced changes to its Board of Directors, adding the experienced insights of top management to the group as the company prepares for a live corporate webinar to discuss company developments and the pending restart of its wholly-owned gold mill in Canada’s largest and most prolific gold producing region.
LaFleur’s senior management team will lead the live webinar, including a follow-up question-and-answer session with investors, on March 24 at 9 a.m. PST / Noon EST. It can be accessed via Zoom at https://ibn.fm/hiCgy.
LaFleur has named CEO Paul Ténière and Nicola Mining CEO & President Peter Espig to the Board of Directors, as well as senior mining executive Jeff Swinoga, succeeding Preet Gill and Harveer Sidhu. Swinoga has held senior executive and financial leadership roles with Barrick Gold, Torex Gold Resources, Hudbay Minerals, North American Palladium and Golden Star Resources, according to the March 16 news release. Espig, an advisor to LaFleur, has led Nicola from being a company under creditor protection to becoming a producing mining enterprise with increased market capitalization (https://ibn.fm/8k6sV).
LaFleur has established a significant asset base in the prolific Abitibi Greenstone Belt of Eastern Canada, including the recently refurbished Beacon Gold Mill that has now undergone ~30% of recommissioning work for gold production restart, and the nearby district-scale Swanson Gold Deposit and its recently increased 2026 Mineral Resource Estimate. The company benefits from infrastructure and the Project’s proximity to existing labor and equipment suppliers in the nearby Val d’Or, Quebec mining camp, along with ability to establish direct rail line access from one site to the other enhancing the development potential of its mine-to-mill model.
The company recently reported the results of a positive Preliminary Economic Assessment (“PEA”) that will help the company to develop its roadmap to production profitability, and the results of the PEA will feature as a key element of the webinar presentation on March 24.
The webinar presentation will include an update on ongoing technical work and planned next steps for the company as it aims for restart of gold production at LaFleur’s Abitibi Beacon Gold Mill during the second quarter, a mill with ~$70 million replacement value that was last in operation in 2023. Management will also discuss the company’s long-term vision. The company has benefited from savvy strategic benchmarks positioning it as a junior gold developer with both a clear path to production and potential upside through resource expansion.
LaFleur’s news release also details efforts to increase the company’s visibility with new marketing service contracts providing exposure from Native Ads Inc., InvestorsHub and Mayfair Media Operations Pty Ltd (trading as mining.com.au).
The company’s gold project encompasses approximately 19,214 hectares (47,479 acres) and includes prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur’s mission is to develop mining projects with significant potential to deliver long-term value, with low-cost and quick pivot to revenue generation, anticipating that the Swanson and Beacon assets are positioned to fill that need.
For more information, visit the company’s website at LaFleurMinerals.com.
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.
About MiningNewsWire
MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.
MNW is where breaking news, insightful content and actionable information converge.
To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.MiningNewsWire.com
Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or republished: https://www.MiningNewsWire.com/Disclaimer
MiningNewsWire
Los Angeles, CA
www.MiningNewsWire.com
310.299.1717 Office
Editor@MiningNewsWire.com
MiningNewsWire is powered by IBN
Over in Michigan, in the city of Ann Arbor, a new approach to clean energy is taking shape through…
Disseminated on behalf of Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) and may include paid advertising.…
Weaker prices were recorded for gold and silver at the start of this week, though both…
Disseminated on behalf of Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) and may include paid…
Disseminated on behalf of Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) and may include paid…
MiningNewsWire Editorial Coverage: Rare earth metallization sits deep in the industrial stack, but it is…