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This article has been disseminated on behalf of LaFleur Minerals and may include paid advertising.
Disclosure: This does not represent material news, partnerships or investment advice.
Via MiningNewsWireLaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) today announces its placement in an editorial published by MiningNewsWire ("MNW"), one of 75+ brands within the Dynamic Brand Portfolio@IBN (InvestorBrandNetwork), a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community.
To view the full publication, "Record Gold Prices Reshape Economics of New Mine Development," please visit: https://ibn.fm/C5mtR
Gold prices have climbed to record or near-record levels in recent months as inflation worries, geopolitical tensions and strong purchases by central banks continue to fuel investor interest in the precious metal. Several major financial institutions have lifted their outlooks for the precious yellow metal, with some analysts projecting considerably higher prices over the coming years as global debt expands and economic uncertainty persists. In this environment, gold developers and smaller producers are working to strengthen their asset portfolios and move projects forward that could benefit from favorable market conditions.
One such company is LaFleur Minerals Inc., which has recently taken multiple steps to strengthen its position within Québec's well-known Abitibi Gold Belt and progress towards gold pour this year. The company announced a favorable Preliminary Economic Assessment ("PEA") for its Swanson Gold Project, released drilling results that support the deposit's expansion potential and continued progressing with refurbishment work at the fully permitted Beacon Gold Mill. Together, these developments illustrate LaFleur's strategy of pairing exploration growth with existing infrastructure as it works toward restarting production and building a stronger presence in an increasingly robust gold market.
About LaFleur Minerals Inc.
LaFleur Minerals is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d'Or, Québec. The Company's mission is to advance mining projects with a laser focus on our resource-stage Swanson Gold Project and the Beacon Gold Mill, which have significant potential to deliver long-term value. The Swanson Gold Project is approximately 18,304 hectares (183 km2) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines and Globex Mining. LaFleur has recently consolidated a large land package along a major structural break that hosts the Swanson, Bartec and Jolin gold deposits and several other showings, which make up the Swanson Gold Project. The Swanson Gold Project is easily accessible by road, allowing direct access to several nearby gold mills, further enhancing its development potential. LaFleur Minerals' fully permitted and refurbished Beacon Gold Mill is capable of processing more than 750 tonnes per day and is being considered for processing mineralized material from Swanson and for custom milling operations for other nearby gold projects.
Qualified Person Statement – All scientific and technical information contained in the LaFleur Minerals Market Awareness Profile (MAP) 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.
NOTE TO INVESTORS: The latest news and updates relating to LFLR are available in the company's newsroom at http://ibn.fm/LFLRF
About MiningNewsWire
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