Related Editorial
Gold has reached a new record high as the U.S. dollar weakens and investors price in expectations of a Federal Reserve interest rate cut. At more than $3,500 an ounce, the yellow metal is shining brighter than ever, buoyed by concerns over inflation, currency debasement and slowing global growth. With the market environment pointing toward continued strength, companies with near-term production potential stand to benefit disproportionately. LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (Profile) is one such company. Transitioning from explorer to producer, LaFleur’s timing could not be better. With a fully permitted, recently refurbished gold processing mill in excellent condition and strategically located assets in one of Canada’s most prolific mining belts, the company offers a unique value proposition for investors seeking to leverage rising gold prices. LaFleur is part of an impressive group of savvy players in the mining sector, including SSR Mining Inc. (TSX: SSRM) (OTC: SSRGF), New Gold Inc. (TSX: NGD) (NYSE: NGD), Nicola Mining (TSX.V: NIM) (OTCQB: HUSIF) and West Red Lake Gold Mines Ltd. (TSX.V: WRLG) (OTCQB: WRLGF), that recognize the eye-popping potential in the gold space.
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About LaFleur Minerals Inc.
LaFleur Minerals Inc. is focused on the development of district-scale gold projects in the Abitibi Gold Belt near Val-d’Or, Québec. Our 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 16,600 hectares (166 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 with a rail line running through the property allowing direct access to several nearby gold mills, further enhancing its development potential. Lafleur Minerals’ fully-refurbished and permitted Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material at Swanson and for custom milling operations for other nearby gold projects.
For more information, visit the company’s website at www.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
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