Disseminated on behalf of LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) and may include paid advertising.
- Near-term gold producer LaFleur Minerals recently announced the successful close of public and private offerings to help restart gold production at its Beacon Gold Mill, sourcing mineralized material from the company’s Swanson Gold Deposit in Quebec’s Abitibi Gold Belt, Canada’s largest gold-producing region
- LaFleur gained aggregate gross proceeds of more than C$11 million through the public and private offerings, to be used for restarting gold production at Beacon and continuing its aggressive drilling programs on the Swanson Gold Project and newly acquired McKenzie East Gold Project
- The meteoric rise in gold’s market value during the past year and a half, as well as LaFleur’s strategically low base case planning, underscore the company’s expectations that it will be firmly profitable once production resumes
Near-term gold producer LaFleur Minerals Inc.’s (CSE: LFLR) (OTCQB: LFLRF) $11 million boost will help awaken gold production operations through key milestones and increase resources at its Swanson Gold Project through additional drilling programs.
LaFleur announced the results of its recent financing offerings — aggregate gross proceeds of C$11,015,760 — on June 9, along with details about the service commission tied to the offerings and the qualifying exploration expenses that will be tied to its charitable flow-through…
NOTE TO INVESTORS: The latest news and updates relating to LFLRF are available in the company’s newsroom at https://nnw.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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