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LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) Moving Toward Gold Pour in Abitibi Belt
February 20, 2026

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) Moving Toward Gold Pour in Abitibi Belt

Disseminated on behalf of LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) and may include paid advertising.

  • LaFleur Minerals is finalizing upgrades and refurbishments at its flagship gold production property, Beacon Gold Mill, in the renowned Abitibi Greenstone Belt of Eastern Canada
  • LaFleur’s mine-to-mill model includes its district-scale Swanson Gold Project that intends to provide feed for production operations at the company’s nearby 750 tpd Beacon Gold Mill which is being readied to process material
  • LaFleur is completing a Preliminary Economic Assessment (“PEA”) anticipated by March, drawing on a current indicated mineral resource estimate of 2.11 million metric tons with an average grade of 1.8 grams per metric ton of gold, containing 123,400 ounces of gold
  • LaFleur recently completed an oversubscribed and upsized $7.8 million financing to sustain the final moves toward production

Gold explorer and near-term gold producer LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) is preparing to combine resource development with market consciousness at its strategically located gold deposit and its nearby mill facility to launch gold production within the renowned Abitibi Gold Belt of Eastern Canada, Canada’s largest gold producing region. The company intends to release its PEA (Preliminary Economic Assessment) near-term, which will be a major de-risking milestone and potential re-rating pivot ahead of gold production restart at its wholly owned Beacon Gold Mill.

“LaFleur Minerals has assembled what we believe is a technically differentiated and strategically rare asset base for a company at our stage of development,” LaFleur Chief Executive Officer Paul Ténière stated in a Feb. 18 news release (https://ibn.fm/IDkHx). “After only (approximately) 18 months of listing on the CSE (Canadian Securities Exchange), we control a district-scale exploration project at the Swanson Gold Deposit as potential primary feed source, the Beacon Tailings Pond, and fully permitted processing infrastructure, the Beacon Gold Mill.”

Historically, the Abitibi belt has been responsible for delivering more than 300 million ounces historically, when current reserve estimates are factored in (https://ibn.fm/mbJap). LaFleur’s flagship Swanson Gold Project contains a vast 183 square kilometers of mineral claims and a mining lease rich in gold and critical metals that are centered around the company’s Swanson Gold Deposit, the primary source of mineralized material to feed the company’s nearby gold production infrastructure asset.

The project hosts an indicated mineral resource estimate of 2.11 million metric tons with an average grade of 1.8 grams per metric ton of gold, containing 123,400 ounces of gold. The company has an inferred mineral resource estimate of 872,000 metric tons with an average grade of 2.3 g/t gold, containing 64,500 oz of gold (MRE effective September 17, 2024 and reported in updated NI 43-101 technical report dated July 29, 2025) (https://ibn.fm/nTGd4).

“LaFleur Minerals is advancing its PEA (Preliminary Economic Assessment) in parallel with the refurbishment of an existing processing facility, materially compressing the timeline between resource delineation and potential production,” Ténière stated. “As our PEA approaches completion, targeted for March 2026, and as we prepare for pre-operational tests and system checks at the Beacon Gold Mill in the coming months, we are transitioning from pure exploration and development to gold production execution.”

Despite occasional price swings, Gold has enjoyed a meteoric rise in market demand, climbing from around $2,000 per ounce in 2022, when the Beacon Gold Mill last produced gold, to around $5,000 today, as LaFleur restarts gold production, highlighting a major opportunity and profitable economic case. “Advancing the Beacon Gold Mill to restart gold production with gold prices at record levels … offers amazing economic potential,” Ténière noted in November (https://ibn.fm/emp7x). In addition, the Quebec-based company benefits from recently completed an oversubscribed and upsized $7.8 million financing to move things forward and complete the necessary upgrades to restart gold production at Beacon.

Lafleur is also working with government and rail industry officials to relocate a segment of rail line through both the Swanson Property and the Beacon Gold Mill site near Val d’Or, Quebec, and then add a dedicated rail spur to facilitate efficient loading and transport of material to the mill from deposit sites with a minimum of over-the-road transportation, increasing the efficiency and economics of the company’s vertically-integrated business model over the long-term, especially if the company expands the mill’s capacity to 3,000-4,000 tpd which is currently a subject of the PEA study.

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://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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