LaFleur Minerals Reports New Drill Results Expanding Gold Mineralization at Swanson Deposit

LaFleur Minerals announced infill drilling results that indicate gold mineralization remains open at depth and along strike at its Swanson Gold Deposit in the Abitibi Greenstone Belt, potentially expanding the resource.

Philly Metrowire Staff
Business
LaFleur Minerals Reports New Drill Results Expanding Gold Mineralization at Swanson Deposit

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) continues to expand gold mineralization at depth at its Swanson Gold Deposit, based on new assay results from infill diamond core drilling. The company reported that the findings bolster expectations that mineralization remains open at depth and along strike, following up on a mineral resource estimate completed earlier this year. The results suggest potential for additional high-grade shoots within the system and broader zones of gold mineralization.

The Swanson Gold Deposit, part of LaFleur’s nearly 22,400-hectare Swanson and McKenzie East gold projects, is located within the prolific Abitibi Greenstone Belt of eastern Canada, specifically in the Val-d’Or mining camp. This region benefits from centralized labor and supply resources for mining operations. The company’s flagship property, combined with the recently acquired McKenzie East Gold Project nearby, covers more than 450 exploration mining claims.

According to the company, the infill diamond-core drilling continues to yield a path to potential expansion of resources. The findings are significant because they indicate that the mineralization system is not limited to previously defined zones, offering potential to increase the overall resource base. The Swanson Gold Deposit is considered a near-term production asset, and these results could support future development plans.

All scientific and technical information in the announcement 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. For ongoing updates, investors can follow the company’s newsroom at https://nnw.fm/LFLRF.

The Abitibi Greenstone Belt is one of the largest gold belts in the world, and LaFleur’s continued success in expanding mineralization underscores the prospectivity of its holdings. The implications of these results are positive for the company’s resource growth strategy and could enhance the economic viability of the Swanson project. As drilling continues, further updates are expected to delineate the full extent of the gold system.

Blockchain Registration

QR Code for Blockchain Registration