LaFleur Minerals Inc. Advances Amid Historic Gold Price Surge
LaFleur Minerals Inc., a company focused on developing district-scale gold projects in the Abitibi Gold Belt near Val-d’Or, Quebec, has been making significant strides in its operations. The company, listed on the Canadian National Stock Exchange, has seen its stock close at CAD 0.45 on June 23, 2025, with a 52-week high of CAD 0.52 and a low of CAD 0.115. With a market capitalization of CAD 19,050,000, LaFleur Minerals is actively advancing its Swanson Gold Project and the Beacon Gold Mill.
Beacon Gold Mill Restart and Swanson Gold Project
On June 23, 2025, LaFleur Minerals announced its plans to restart the Beacon Gold Mill, a fully refurbished facility capable of processing over 750 tons per day. The mill, strategically located near multiple gold deposits, received CAD 20 million in recent upgrades and is fully permitted with no outstanding royalties or encumbrances. The company holds a CAD 2.4 million bond on the mill as security. This restart is part of a broader strategy to advance the Swanson Gold Project, which spans over 16,000 hectares and includes several gold-rich prospects.
Editorial Recognition and Market Traction
LaFleur Minerals has gained editorial recognition for its strategic positioning in the prolific Canadian gold-producing region. On June 24, 2025, the company was featured in an editorial published by NetworkNewsWire, highlighting its near-term production assets amid a historic gold price surge. This surge, driven by unstable U.S. fiscal policy and rising inflation, has propelled gold prices beyond the historic US$3,300 per ounce threshold.
Market and Financial Overview
The company’s efforts to restart the Beacon Gold Mill and advance the Swanson Gold Project have positioned it favorably in the market. The recent upgrades and strategic location of the mill near multiple gold deposits underscore LaFleur Minerals’ commitment to leveraging its assets effectively. As gold prices continue to rise, the company’s focus on resource-stage projects and critical metals positions it well to capitalize on market trends.
In summary, LaFleur Minerals Inc. is making significant progress in its operations, with strategic advancements in the Swanson Gold Project and the Beacon Gold Mill. The company’s recognition in the market and the historic surge in gold prices further enhance its prospects in the near term.