LaFleur Minerals Announces Significant Gold Discovery at Swanson Project
VANCOUVER, British Columbia – LaFleur Minerals Inc. has released highly encouraging drilling results from its Swanson Gold Project, confirming the presence of a substantial gold system with impressive mineralization extending well beyond current resource estimates. The company's latest diamond drill program has successfully identified broad, continuous zones of gold mineralization that demonstrate robust potential for expansion.
Drilling Program Details and Methodology
The exploration initiative involved four strategically placed diamond drill holes completed between vertical depths of approximately 300 and 450 meters. These holes were spaced over a 120-meter strike length specifically designed to test the down-dip continuity of the Swanson Gold Deposit. The results confirm that the mineralized system remains strong at depth and continues to expand beyond the boundaries established in the 2026 Mineral Resource Estimate.
Notable Drilling Highlights and Assay Results
The drilling campaign has yielded several significant intercepts that underscore the quality and scale of the discovery:
- 1.18 grams per tonne gold over 255.04 meters (drill hole SW-25-080)
- 1.65 grams per tonne gold over 136.01 meters (drill hole SW-25-081)
- 2.29 grams per tonne gold over 68.30 meters (drill hole SW-25-079)
In addition to these broad mineralized zones, the program encountered isolated high-grade sections, including assays reaching up to 86.8 grams per tonne gold over 1.0 meter. These high-grade zones occur outside currently defined mineralized envelopes, suggesting potential for additional valuable mineral shoots.
Geological Context and Expansion Potential
The current drilling provides crucial insights into the geometry and plunge of mineralized zones, significantly enhancing the company's geological understanding of the deposit. Mineralization appears continuous and remains open both at depth and along strike, reinforcing the strong expansion potential of the Swanson system. Visible gold observed in several drill holes further supports the possibility of high-grade mineralization at greater depths.
With these latest results, the Swanson Gold Deposit can now be traced over approximately 275 meters along strike, with an average horizontal width of 150 meters and extending to depths exceeding 300 meters. The success of this deep drilling program highlights the substantial scale of the mineralized system and will directly inform future exploration targeting.
Historical Context and Previous Results
These drill holes build upon LaFleur Minerals' most recent assay results from February 2026, which included:
- 2.05 grams per tonne gold over 158.25 meters
- 1.15 grams per tonne gold over 80.3 meters
- 1.37 grams per tonne gold over 80.8 meters
- 2.97 grams per tonne gold over 66.0 meters, including 91.1 grams per tonne gold over 1.5 meters
- 3.15 grams per tonne gold over 51.4 meters, including 92.9 grams per tonne gold over 0.75 meters
Executive Commentary and Project Outlook
"These are very encouraging results that mark a significant milestone for the Swanson Gold Project," stated Paul Ténière, CEO and Director of LaFleur Minerals. "Intersecting such broad zones of consistent gold mineralization at these grades and intercepts clearly demonstrates the scale and continuity of the system. Importantly, these holes not only extend the deposit beyond the current resource envelope but also highlight the presence of higher-grade zones that could enhance the overall economics of the project."
Ténière further emphasized that with mineralization remaining open at depth and along strike, Swanson has the potential to evolve into a much larger gold system than previously defined. The project is situated in the prolific Abitibi Greenstone Belt near Val-d'Or, Québec, a region renowned for its mineral wealth and mining history.
The company plans to continue evaluating the full potential of the Swanson Gold Project, with these latest results providing a solid foundation for future exploration and development decisions. The confirmation of a large-scale gold system with expansion potential represents a significant development for LaFleur Minerals and its stakeholders.
