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LaFleur Minerals signs gold and silver sales deal with Ocean Partners, securing up to $5M advance for Swanson project.

Company Fundamentals
13 Oct 2026
Newsfile Corp
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Bullish
LaFleur Minerals signs gold and silver sales deal with Ocean Partners, securing up to $5M advance for Swanson project.

LaFleur Minerals has finalized a gold and silver purchase agreement with Ocean Partners UK, enabling the sale of metals from its Swanson Gold Project bulk sample processed at the Beacon Gold Mill in Québec. The deal includes an option for LaFleur to request a $5 million working capital advance to support mining and processing, repayable through metal deliveries. This partnership advances LaFleur's strategy to leverage its existing mill and move toward gold production in the Abitibi Gold Belt. The company will halt a previous non-binding deal with Trafigura and focus on progressing the Swanson project and mill recommissioning.

LaFleur Minerals' recent gold and silver deal is context for Basic Materials sector data on Pluang. As of Oct 13, 2026 20:11 WIB, 38 of 62 US Basic Materials stocks rose and 22 fell. Notable movers include PPG at USD 104.96 (+1.21%), GGB at USD 5.20 (+1.17%), and ALB at USD 97.40 (-1.13%) with 87% sell order activity.

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