LaFleur Minerals Secures C$2.88 Million in Private Placement to Advance Gold Projects

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) has successfully completed a fully subscribed non-brokered private placement, raising gross proceeds of C$2.88 million. This capital infusion demonstrates growing investor confidence in the company's dual strategy of near-term gold production and advanced exploration in one of Canada's most prolific gold districts. The funding will primarily support the restart of the company's fully permitted Beacon Gold Mill, which is expected to generate near-term revenues by processing mineralized material from neighboring gold deposits.

The company's district-scale Swanson Gold Project, located in the heart of the renowned Abitibi Greenstone Belt near Val-d'Or, Quebec, represents a significant exploration opportunity. LaFleur has already completed over seven diamond drill holes at the Swanson site, with assay results still pending. The project encompasses approximately 18,304 hectares (45,230 acres) that show promising gold potential based on initial investigations and the extensive gold recovery history in the surrounding area.

Historical data from over 36,000 metres of drilling provides a strong foundation for LaFleur's exploration efforts. The company's strategic positioning allows for potential future processing of material sourced from its Swanson Gold Deposit, located only 60 km from the Beacon Gold Mill. This integrated approach of combining near-term milling operations with long-term exploration development creates a compelling value proposition for investors seeking exposure to gold production and discovery potential.

The successful private placement follows the company's newsroom updates available at https://ibn.fm/LFLRF, indicating sustained investor interest in LaFleur's development progress. Additional offerings are expected to be completed soon, further strengthening the company's financial position as it advances both its milling operations and exploration activities in one of North America's most established gold mining regions.