Disseminated on behalf of LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) and may include paid advertising.
- Near-term gold producer LaFleur Minerals is strategically advancing toward the restart of a wholly owned and refurbished gold mill using existing stockpiles left by a previous operator
- LaFleur expects to resume operations during the next few months, eventually aided by a prepaid facility from one of the world’s largest independent commodity trading and logistics groups — Trafigura Canada Limited
- The agreement with Trafigura (currently in due diligence phase) contemplates an off-take agreement for gold doré and the potential for future prepaid funding facilities as the operation grows
- LaFleur’s Beacon Gold Mill and nearby Swanson Gold Deposit are located within the prolific Abitibi Gold Belt in eastern Canada, in the Val d’Or community that serves as a central hub for mining resources and staffing in the Abitibi
Near-term gold producer LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) is close to making its Beacon Gold Mill and Swanson Gold Deposit production-ready at a time when gold’s market position is noticeably below its record $5,000-plus January levels but still far above price levels that were the status quo a mere two years ago.
LaFleur has been refurbishing the gold mill that was operational in 2022 under a different company’s ownership before a temporary halt in its function. The mill and nearby gold deposit are located within eastern Canada’s prolific Abitibi Gold Belt, the largest gold-producing region in the…
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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