Rio Silver changes the conditions of Maria Norte

Rio Silver changes the conditions of Maria Norte

80 minutes, 51 seconds Read

Main observations of core logging of the recent drill holes are summarized below:

  • Pyrite And other sulfides are consistently observed in the drill holes, classic Pathfinder -Minerals For gold.

  • A 17.9 meters wide sulfide-rich zone ((True width currently unknown) In Boorgat, SW-025-038 is a striking intersection that can indicate the potential for gold mineralization; However, assay results are still being treated.

  • The presence of silicification, carbonate change, sericite, chlorite, fuch site and quartz -vein are classic indicators of hydrothermic liquid movement, which often carries gold. The consistent appearance of the tearing, stock work and brecciation too Suggers structural checks that can locate gold mineralization. The presence of change and sulfides over multiple holes and rock types also increases the chance of defining a larger mineralized system.

  • Fuch site -change In Boorgat, SW-025-036 is particularly remarkable because it is also an important pathfinder and is often associated with gold mineralization in the Abitibi Greenstone belt.

Preliminary highlights of Swanson drill

Below you will find a brief summary of provisional geological and mineralization observations of core book registration of the recent diamond drill holes completed by the company. Half-core samples were safely sent to Agat Labs (“YouIn Val-d’or, Québec for sample preparation, fire provisions and four-sucked ICP-Geochemic tests, with final analytical results still being processed. Agat is independent of Lafleur minerals and fully certified and accredited to ISO/IC 17025: 2017 and ISO-Standards.

  • Boorgat SW-025-032: Strongly bleached basalt with silicification and carbonate change. Pyrite mineralization observed. Incidental quartz carbonate tourmaline veins with trace chalcopyrite.

  • Boorgat SW-025-033: Changed, carbonate -rich basalt with well -developed shear zones and sericite. Spread and Stringer Pyrite observed. Contact with ultramaphic rocks with chlorite-talc carbonate Stockworks.

  • Boorgat SW-025-034: Alternating changed basalt and ultramafics, shaved with quartz -vein. Spread and stringer style pyrite observed.

  • Boorgat SW-025-035: Sequence includes changed basalt, ultramafics and possible syenites with shear and seric change. Pyrite mineralization observed.

  • Boorgat SW-025-036: Basalts, Ultramafics and intermediate porphyritic intrusives with significant quail and penetrating fuch site change. Pyrite mineralization observed.

  • Boorgat SW-025-037: Pink Syenite with sulfides, transition to a non-magnetic basalt with observed sulfides such as semi-massive pyrite and magnetite-rich intervals.

  • Boorgat SW-025-038: Crossed changed Tuffs, Breccias, Mafisch/Ultramaphic streams and Felsian intrusives. A 17.9 m wide sulfide-rich zone was identified (true width currently unknown), composed of semi-massif for massive pyriet-pyrrhotite-stockwork within a Brecciated tuff, with strong sericite, chlorite and silicon change.

We are very encouraged by the early progress of the Swanson drill program and the geological and mineralization contracts that are seen in the recent core drill with the well -known Swanson Gold Deposit, “ said Paul Ténière, CEO of Lafleur Minerals. “We are particularly optimistic about the mineralized zone found in Hole SW-025-038 and we are looking forward to releasing test results in the near future.

Further drilling is underway and extra updates will be provided by the company as the results become available. The fully funded and permitted drilling program comprises at least 5,000 meters of drill -oriented priority areas identified by extensive historical data compilation and recent fieldwork, including the Swanson Gold depositas well as the BartecJolinAnd Marimac Doel zones (Figure 2). This includes priority goals of more than 50 promising goals that have been identified to date.

Acquisition of the most important mineral claim from Globex -Mijnbouwbedrijven

The company also announces that it will acquire an important mineral claim from Globex Mining Enterprises Inc. (“Globex“) Located directly adjacent to and east of the Swanson Mining Lease, which houses the Swanson Gold payment. The mineral claim will be obtained via an ARM’s length purchase agreement of 14 August 2025, between the company and Globex (de”Purchase agreement“). The reimbursement to be paid by the company to Globex for 100% ownership of the mineral claim is a cash payment of C $ 2,500 when implementing the purchase agreement. Globex will retain a 2% gross metal royalty (GMR) at the start of the commercial production of the mineral claim.

NI 43-101 Technical report update

Lafleur Minerals is also pleased to announce that it has submitted an updated NI 43-101 technical report (“Technical report“) For the Swanson project, the results of recent exploration programs by Lafleur Minerals and the estimate of the mineral resources 2024 for the Swanson Gold Deposit, which remains unchanged. www.sedarplus.ca And is available on the company’s website at www.lafleurminerals.com.

Site Visit Details – Beacon Gold Mill and Swanson Gold Project

Lafleur -minerals confirm one Site visit and tour From his Beacon Gold Mill and Swanson Gold Project in the Val-D’Or region will take place 11-13 August 2025. Interested parties are encouraged to contact the company as soon as possible at info@lafleurminerals.com for more information and to confirm their presence.

Figure 1: drill holes that have recently been completed near the Swanson Gold -Deposito

Visit: to view an improved version of this image:
https://images.newsfilecorp.com/files/6526/261546_345E3ED4F5EA37_001FULL.JPG

Can't view this image? Visit: https://images.newsfilecorp.com/files/6526/261546_345E3EAD4F5EA37_002.JPG

Figure 2: Swanson on -board targets and proposed 2025 drill holes (in blue)

Visit: to view an improved version of this image:
htts

Statement of warning

Visual estimates of mineral abundance or apparent mineralization observed in the drill core are provisionally in nature and readers are warned that they should not be trusted as a replacement for analytical results. While the core seems to contain sulfides such as pyrite, chalcopyrite and pyrrhotite, and quartz quartz, laboratory provisions are required to determine the actual figures and composition. There is no guarantee that the visual observations will correlate with test results.

Qualified Personal Declaration

All scientific and technical information in this press release has been prepared and approved by Louis Martin, P.Geo. (OGQ), Exploration Manager and Technical Adviser of the company and considered a qualified person for NI 43-101.

About Lafleur Minerals Inc.

Lafleur Minerals Inc. (CSE: LFLR, OTC: LFLRF) (OTCQB: LFLRF) (FSE: 3WK0) is aimed at the development of district scale Gold projects in the Abitibi Gold Belt near Val-D’or, Québec. The company’s mission is to promote mining projects with a laser focus on our Swanson Gold project from Resource Stage and the Beacon Gold Mill, who have a considerable potential to deliver value in the long term. The Swanson Gold project is approximately 18,304 hectares (183 km2) In size and includes various prospects that are rich in gold and critical metals that were previously held by Monarch Mining, Abcourt -Mines and Globex -Mybouw. Lafleur recently consolidated a large land package along an important structural break that houses the Swanson, Bartec and Jolin gold deposits and various other impressions that form the Swanson Gold project. The Swanson Gold project is easily accessible per road, making direct access to various nearby gold mills possible, which further improves development potential. The fully exhausted and renovated Beacon Gold Mill from Lafleur Minerals is able to process more than 750 tons per day and is taken into account for the processing of mineralized material from Swanson and for adapted milling work for other nearby gold projects.

Neither the Canadian Securities Exchange nor its regulatory services provider accepts the responsibility for the adequacy or accuracy of this press release.

Warning statement about “Future -oriented” information

This press release contains certain statements that can be considered “future -oriented statements”. All explanations in this new release, other than explanations of historical facts, that tackle events or developments that the company expects to happen are future -oriented explanations. Forward -looking statements are statements that are not historical facts and in general, but not always, identified by the words “expected”, “plans”, “anticipate”, “believes”, “intend”, “estimates”, “projects”, “potential” and similar expressions, or “can”, “or”, “or”, “or”, ” This press release, without limitation, include statements of the offer although the company believes that the expectations that are expressed in such future -oriented statements are no guarantees for future performance and the actual results can vary substantially in the future. Market prices, persistent availability and financing, market or business circumstances are warned that such explanations are no guarantees or developments that are projected in the future-oriented statements. Required by the applicable securities laws, the company has not obliged an obligation to update these future -oriented statements in the event that the beliefs, estimates or opinions of management or other factors must change.

Visit to view the source version of this press release https://www.newsfilecorp.com/release/261546


#Rio #Silver #conditions #Maria #Norte

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *