LaFleur signs agreement to acquire McKenzie East in Canada

LaFleur Minerals has signed an arm's magnitude statement to get the McKenzie East Gold Project successful Québec's highly productive Val-d’Or mining district, the largest gold-producing portion successful Canada.

The McKenzie East Gold Project is straight adjacent to the McKenzie Break Gold Deposit, which is owned by Fresnillo, a planetary golden shaper and superior metallic miner.

Fresnillo obtained the McKenzie Break plus done its acquisition of Probe Gold successful January 2026.

The McKenzie Break Deposit covers 183 mineral claims implicit 78.5km², with infrastructure including underground improvement extending to astir 80m and all-year roadworthy access.

It is situated astir 20km northbound of some the Novador Project and LaFleur's Beacon Gold Mill.

The McKenzie East spot includes 46 mineral claims covering 1,781.18 hectares (ha), arsenic issued by Québec’s Ministry of Natural Resources and Forests.

This tract has undergone humanities exploration by First Atlas Resources (vendor) and its predecessors, involving induced polarisation geophysics, mobile metallic ion ungraded geochemistry, airborne magnetics and diamond drilling.

LaFleur plans to intensively research the McKenzie East tract to specify caller golden resources and perchance proviso its adjacent Beacon Gold Mill.

The presumption of the acquisition impact a currency outgo of C$30,000 ($21,960.2) and the issuance of 175,000 communal shares of LaFleur Minerals to the vendor, contingent upon speech approval.

LaFleur intends to leverage this acquisition to heighten its vertically integrated mine-to-mill strategy wrong the Val-d’Or district.

The institution has besides reported beardown drilling results astatine its Swanson Gold Project.

Recent diamond drilling has shown extended mineralisation beyond the existent assets estimates, with notable results including 2.29 grams per tonne (g/t) golden implicit 68.3m and 1.18g/t golden implicit 255.04m.

These findings item important extent imaginable and continuity, with further high-grade zones identified.

In tandem with the acquisition of the McKenzie East Gold Project, LaFleur is advancing its strategy to grow golden resources adjacent its Beacon Gold Mill.

The institution is besides exploring further acquisitions to fortify its accumulation capacity, with an oculus connected sustainable golden accumulation from the Val-d’Or area.

"LaFleur signs statement to get McKenzie East successful Canada" was primitively created and published by Mining Technology, a GlobalData owned brand.

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