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VANCOUVER, British Columbia, April 28, 2026 (GLOBE NEWSWIRE) — LaFleur Minerals Inc. (CSE: LFLR, OTCQB: LFLRF, FSE: 3WK0) (“LaFleur Minerals” or the “Company”) announces it has entered into an arm’s-length agreement to acquire the McKenzie East Gold Project, strategically located in the prolific Val-d’Or mining district of Québec, Canada’s largest gold producing region.
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Strategic Acquisition in a Proven Gold Camp: McKenzie Gold Area
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The McKenzie East Gold Project is contiguous with the McKenzie Break Gold Deposit, currently owned by Fresnillo plc, the world’s leading primary silver producer and a major global gold miner, listed on the London Stock Exchange and a constituent of the FTSE 100. Fresnillo acquired the McKenzie Break asset as part of its takeover of Probe Gold Inc. in January 2026 (Link).
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Fresnillo’s McKenzie Break Deposit hosts a historic high-grade indicated resource of 146,000 ounces of gold at 3.2 g/t and an inferred resource of 250,600 ounces at 3.1 g/t *(NI 43-101 Technical Evaluation Report On The Mckenzie Break Property, Monarch Mining Corp. February 2021). The deposit spans 183 mineral claims over 78.5 km2 and benefits from established infrastructure, including underground development to ~80 metres depth and year-round road access, located approximately 20 km north of both the Novador Project and LaFleur’s wholly-owned Beacon Gold Mill.
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Underexplored Upside, Mill Feed Optionality: McKenzie East Gold Project Acquisition
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The McKenzie East property comprises 46 mineral claims across 1,781.18 hectares issued by Québec’s Ministry of Natural Resources and Forests (MERN), covering a prospective land package immediately east of Fresnillo’s McKenzie Break Gold Deposit. Historical exploration at McKenzie East by the First Atlas Resources Corp. (the “Vendor”) and predecessors includes induced polarization (IP) geophysics, MMI soil geochemistry, airborne magnetics, and diamond drilling.
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Notably, a 2021 drill program completed by the Vendor (2,587 metres across 8 holes) identified anomalous gold mineralization. Drill hole MKE-21-03 intersected visible gold, returning a weighted average grade of 0.61 g/t Au over 1 metre, including a coarse fraction grading 8.01 g/t Au, indicative of a coarse gold component and underscoring the need for further targeted drilling.
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LaFleur plans to undertake systematic, aggressive exploration to define gold resources at McKenzie East, with the objective of advancing potential feed sources for its nearby Beacon Gold Mill. The Company also recognizes the strategic importance of the adjacent McKenzie Break Gold Deposit and may evaluate future acquisition or partnership opportunities; however, no discussions have been initiated with Fresnillo at this time.
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Under the terms of the agreement, LaFleur will acquire a 100% interest in the McKenzie East Gold Project through a cash payment of $30,000 and the issuance of 175,000 common shares of LaFleur Minerals Inc. to the Vendor, subject to exchange approval.
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The acquisition of the McKenzie East Gold Project is a strategic, value-accretive addition to LaFleur’s Val-d’Or portfolio, complementing its wholly owned Swanson Gold Project and Beacon Gold Mill within the same district. Located adjacent to the McKenzie Break Deposit owned by Fresnillo plc, the property offers strong discovery potential within a proven gold system while benefiting from reduced geological risk. Importantly, McKenzie East represents an additional potential source of mill feed for the Beacon Gold Mill, reinforcing LaFleur’s vertically integrated mine-to-mill gold production strategy and enhancing the opportunity for near-term monetization. Combined with existing exploration data and low acquisition costs, the project provides meaningful upside leverage to resource growth within an established infrastructure corridor.
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