LaFleur Minerals Inc. Commissions Valuation for Beacon Gold Mill Restart
July 9th, 2025 1:25 PM
By: Newsworthy Staff
LaFleur Minerals Inc. has initiated an independent valuation of its Beacon Gold Mill to assess restart costs and support financing efforts, highlighting its potential in the gold production sector.

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) has taken a significant step towards restarting its Beacon Gold Mill in Val-d'Or, Québec, by commissioning Bumigeme Inc. to conduct an independent valuation. This report will evaluate the replacement value and restart costs for the mill and its tailings facility, which benefited from over $20 million in upgrades in 2022. The valuation is crucial for LaFleur Minerals' financing strategies and underscores the mill's potential to contribute to gold production, particularly in connection with the Swanson Gold Project.
The company is not only preparing for gold production but also working on a Preliminary Economic Assessment to leverage current favorable market conditions. Notably, J.P. Morgan's optimistic forecast of gold prices reaching $4,100 by 2026 adds a promising backdrop to LaFleur Minerals' initiatives. The Beacon Gold Mill, capable of processing more than 750 tonnes per day, represents a key asset in LaFleur Minerals' portfolio, with the potential to process mineralized material from the Swanson Gold Project and offer custom milling services for nearby projects.
For further details on LaFleur Minerals' plans and the valuation process, visit https://ibn.fm/jphTm.
Source Statement
This news article relied primarily on a press release disributed by InvestorBrandNetwork (IBN). You can read the source press release here,
