A New Gold Junior with a Streamlined Path to Production

Published: 10/31/2024

Author: FRC Analysts

Thumbnail of the report A New Gold Junior with a Streamlined Path to Production

*This report and research coverage is paid for and commissioned by LaFleur Minerals Inc. - See the bottom of this report for other important disclosures rating, and risk definitions. All figures in C$ unless otherwise specified.

Sector: Industrial Materials | Industry: Basic Material

Ticker Symbols:LFLR.CN - CNQ 🔹

Rating and Key Data

Metrics	Value
Current Price	CAD $0.35
Fair Value	CAD $0.83
Risk	5
52 Week Range	CAD $0.23-0.50
Shares O/S (M)	41
Market Cap. (M)	CAD $14
Current Yield (%)	N/A
P/E (forward)	N/A
P/B	N/A

Already a subscriber?

Want to know the fair value of the stock?

Subscribe for free to get exclusive insights and data.

Report Highlights

LaFleur has entered into agreements to acquire the advanced-stage Swanson gold project, and the fully permitted Beacon mill, in the Abitibi Gold Belt (AGB) in Quebec. The AGB is one of the richest mining regions in the world.
The mill and the Swanson project were formerly owned by Monarch Mining, which went into receivership last year.

Swanson hosts a small-tonnage, relatively high-grade open-pittable resource. Open-pittable deposits are generally low OPEX/CAPEX.
A significant advantage for LFLR is its

Rating and Key Data

Metrics	Value
Current Price	CAD $0.35
Fair Value	CAD $0.83
Risk	5
52 Week Range	CAD $0.23-0.50
Shares O/S (M)	41
Market Cap. (M)	CAD $14
Current Yield (%)	N/A
P/E (forward)	N/A
P/B	N/A