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The latest announcement is out from LaFleur Minerals ( (TSE:LFLR) ).
LaFleur Minerals has initiated a twinned-hole drilling program at its Swanson Gold Deposit to validate historical drilling data and enhance the geological model for a Preliminary Economic Assessment (PEA). This effort aims to restart gold production at the Beacon Gold Mill, leveraging the high-grade potential and scalability of Swanson. The program seeks to confirm the continuity of mineralization, improve the mineral resource estimate, and support the economic viability of a potential open-pit operation, which could significantly impact the company’s operational capabilities and market positioning.
The most recent analyst rating on (TSE:LFLR) stock is a Buy with a C$1.04 price target. To see the full list of analyst forecasts on LaFleur Minerals stock, see the TSE:LFLR Stock Forecast page.
More about LaFleur Minerals
LaFleur Minerals Inc. operates in the mining industry, focusing on gold production. The company is involved in the exploration and development of mineral resources, with a particular emphasis on the Swanson Gold Deposit and Beacon Gold Mill located in Val-d’Or, Québec, within the Abitibi Greenstone Belt, a prominent gold-producing region.
Average Trading Volume: 198,404
Technical Sentiment Signal: Buy
Current Market Cap: C$41.44M
See more insights into LFLR stock on TipRanks’ Stock Analysis page.