- Canadian gold explorer and near-term producer LaFleur Minerals recently completed a fully subscribed non-brokered private placement funding for gross proceeds of C$2.88 million, with additional offerings expected to be completed soon
- The company’s capital raises are designed to help it restart its fully permitted Beacon Gold Mill as well as advance exploration and drilling efforts in the heart of the renowned Abitibi Greenstone Belt at its district-scale Swanson Gold Project
- LaFleur anticipates its fully owned Beacon Gold Mill will deliver near-term revenues from processing mineralized material from neighboring gold deposits and potentially producing material sourced from its Swanson Gold Deposit only 60 km away
- LaFleur has already completed over seven diamond drill holes on its Swanson Gold Project close to the Val-d’Or, Quebec gold district with assay results still pending
Gold exploration and development company LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) recently announced the completion of a non-brokered private placement valued at C$2.88 million, showing that its efforts to generate confidence in its advanced stage exploration Swanson Gold Project in Quebec, Canada is beginning to deliver results, along with its near-term producing Beacon Gold Mill once restart financing is secured.
LaFleur Minerals is a Canada-headquartered company developing approximately 18,304 hectares (45,230 acres) of the Swanson site it believes will yield gold, thanks to initial investigation and the amount of gold recovery nearby, along with extensive data and results from over 36,000 metres of historical…
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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