Disseminated on behalf of LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) and may include paid advertising.
- Consumer prices have risen notably during recent months, linked by many to the United States’ involvement in launching the Iran War and the resulting strictures on international energy transports
- Gold bullion prices have, with expected variations, enjoyed a significant rise since January of last year, and the precious metal is anticipated to continue acting as a long-term “hedge” or “safe haven” against inflationary pressures
- Near-term gold producer LaFleur Minerals is preparing to restart its recommissioned Beacon Gold Mill and to draw on mineralized material from its Swanson Gold Deposit in the Abitibi Greenstone Belt
- LaFleur’s all-in sustaining cost estimates anticipate profits based on base case pricing of gold from before the recent growth factors, and economists expect the foundational upward pressure on gold prices to persist
Consumers in the United States have watched prices grow at a “moderate to strong pace” in recent weeks as an apparent response to the ongoing Iran War, according to federal policy makers (https://ibn.fm/h06l8), which has a potential downstream effect on investor interest in precious metals such as gold that enjoy a reputation as a long-term “hedge” against currency debasement and inflation (https://ibn.fm/EeHdo).
Near-term gold producer LaFleur Minerals (CSE: LFLR) (OTCQB: LFLRF) is preparing to take advantage of the market’s interest in gold as well as its own strategic financing and asset acquisition. LaFleur is on the cusp of restarting its Beacon Gold Mill during the next few months (https://ibn.fm/oF93j), initially…
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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