Disseminated on behalf of LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) and may include paid advertising.
- Consumer prices have risen notably during recent months, linked by many to the United States’ involvement in launching the Iran War and the resulting strictures on international energy transports
- Gold bullion prices have, with expected variations, enjoyed a significant rise since January of last year, and the precious metal is anticipated to continue acting as a long-term “hedge” or “safe haven” against inflationary pressures
- Near-term gold producer LaFleur Minerals is preparing to restart its recommissioned Beacon Gold Mill and to draw on mineralized material from its Swanson Gold Deposit in the Abitibi Greenstone Belt
- LaFleur’s all-in sustaining cost estimates anticipate profits based on base case pricing of gold from before the recent growth factors, and economists expect the foundational upward pressure on gold prices to persist
Consumers in the United States have watched prices grow at a “moderate to strong pace” in recent weeks as an apparent response to the ongoing Iran War, according to federal policy makers (https://nnw.fm/P4jxS), which has a potential downstream effect on investor interest in precious metals such as gold that enjoy a reputation as a long-term “hedge” against currency debasement and inflation (https://nnw.fm/f8zyQ).
The Iran War is the most recent in a series of incidents in which the U.S. government has used or threatened to use military force against other nations. Inflation fears, shifting economic policies and the increasing geopolitical tensions accompanying administration activities since January 2025 have been met with repeated record price spikes in the price of gold, taking it from a strong baseline of about $2,600 per ounce to over $5,600 per ounce in a year’s time (https://nnw.fm/NrE5J).
While gold prices have seen some instability during recent months as the market factors in short-term conditions, gold continues to remain far above the prices it recorded in previous years (https://nnw.fm/EoCxS). And economists expect Inflation to worsen (https://nnw.fm/qfKHF).
Near-term gold producer LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) is preparing to take advantage of the market’s interest in gold as well as its own strategic financing and asset acquisition. LaFleur is on the cusp of restarting its Beacon Gold Mill during the next few months (https://nnw.fm/JiETz), initially drawing on approximately 100,000 metric tonnes from a bulk sample from its nearby Swanson Gold Project to incrementally increase the mill’s capacity from 750 metric tons per day (“TPD”) to 1,250 TPD.
LaFleur’s Beacon Gold Mill, Swanson Gold Project and newly acquired McKenzie East Gold Project are all situated within the prolific Abitibi Greenstone Belt within southwestern Quebec, which is a premier global mining district renowned for its massive gold, copper, zinc, and silver deposits as one of the world’s largest, oldest and most richly mineralized Archean greenstone belts (https://nnw.fm/thI5T).
Gold miners continue to anticipate price growth during the coming months despite the recent instability in the market. Metals consultancy Metals Focus’ newly released Gold Focus 2026 report states “We are confident that, once the Iran war dust settles, gold will resume its bull run. Crucially, all other factors that underpinned gold last year are likely to remain in place over the rest of 2026 and beyond,” as reported by The Northern Miner (https://nnw.fm/LNUBQ).
LaFleur CEO and Director Paul Ténière told investors in March that the company expects to be easily profitable, given the market factors and forecasts in company with LaFleur’s low CAPEX plan.
“We’re looking at an all-in sustaining cost of just under $1,600 an ounce,” he said. “This is at a base case of $2,750. Our technical report will be looking at a sensitivity of up-to-$5,000 gold. … We can certainly be running (our Swanson gold project) for the next few years and be a very cost-effective and profitable operation.”
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://nnw.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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