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LaFleur Minerals ( (TSE:LFLR) ) has shared an announcement.
LaFleur Minerals Inc. has successfully completed a non-brokered private placement of units, raising $553,281.12. The proceeds will be used to advance exploration at the Swanson Gold Project and for operational purposes at the Beacon Gold Mill. This strategic move is expected to enhance the company’s exploration initiatives and operational capabilities, potentially strengthening its position in the gold mining industry.
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. is focused on developing district-scale gold projects in the Abitibi Gold Belt near Val-d’Or, Québec. The company aims to advance mining projects, particularly the Swanson Gold Deposit and the Beacon Gold Mill, which have significant potential for long-term value. The Swanson Gold Project spans approximately 18,304 hectares and includes several gold and critical metal prospects. LaFleur has consolidated a large land package along a major structural break hosting the Swanson, Bartec, and Jolin gold deposits. The Beacon Gold Mill is fully refurbished, permitted, and capable of processing over 750 tonnes per day.
Average Trading Volume: 154,186
Technical Sentiment Signal: Buy
Current Market Cap: C$29.97M
See more data about LFLR stock on TipRanks’ Stock Analysis page.