LaFleur Mineral Inc. Investor Presentation

POSITIONED TO PRODUCE GOLD IN Y2026 ADVANCING STRATEGIC ASSETS IN QUÉBEC’S MOST PROLIFIC GOLD CAMP

FORWARD LOOKING STATEMENTS

Certain information included in this presentation, including any information as to our future exploration, financial or operating performance and other statements that express management’s expectations or estimates of future performance, constitute ‘forward-looking statements’ within the meaning of the ‘safe harbour’ provisions of the United States Private Securities Litigation Reform Act of 1995 and Canadian securities laws. The words ‘expect’, ‘believe’, ‘will’, ‘intend’, ‘estimate’ and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, including the possibility that drill programs will not yield the expected results. The Company cautions the reader that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of LaFleur Minerals Inc. to be materially different from the Company’s estimated future results, performance or achievements expressed or implied by those forward-looking statements and that the forwardlooking statements are not guarantees of future performance. These statements are also based on certain factors and assumptions.

Cautionary Statement Regarding Estimates of Mineral Resources: The mineral resource estimates reported in this presentation have been prepared in accordance with the requirements of Canadian securities laws, which differ from the requirements of United States’ securities laws. The CIM Definition Standards differ from the definitions in the United States Securities and Exchange Commission (the “SEC”) Guide 7 (the “SEC Guide 7”). The terms “mineral resource”, “Measured mineral resource”, “Indicated mineral resource” and “Inferred mineral resource” are defined in NI 43-101 and recognized by Canadian securities laws but are not defined terms under SEC Guide 7 or recognized under U.S. securities laws. Readers are cautioned not to assume that any part or all of mineral deposits in these categories will ever be upgraded to mineral reserves. “Inferred mineral resources” have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an “Inferred mineral resource” will ever by upgraded to a higher category. Under Canadian securities laws, estimates of “Inferred mineral resources” may not form the basis of feasibility or pre-feasibility studies, except in rare cases. Readers are cautioned not to assume that all or any part of an inferred mineral resource exists or is economically or legally mineable.

Mineral resources are not mineral reserves, and do not have demonstrated economic viability, but do have reasonable prospects for economic extraction. The estimate of mineral resources may be materially affected by geology, environmental, permitting, legal, title, socio-political, marketing or other relevant issues. Measured and Indicated mineral resources are sufficiently well defined to allow geological and grade continuity to be reasonably assumed and permit the application of technical and economic parameters in assessing the economic viability of the resource. Inferred mineral resources are estimated on limited information not sufficient to verify geological and grade continuity or to allow technical and economic parameters to be applied. Inferred mineral resources are too speculative geologically to have economic considerations applied to them to enable them to be categorized as mineral reserves. Under Canadian rules, estimates of Inferred mineral resources may not form the basis of feasibility or pre-feasibility studies or economic studies except for Preliminary Assessment as defined under NI 43-101. Readers are cautioned not to assume that further work on the stated resources will lead to mineral reserves that can be mined economically.be a comprehensive review of all matters and developments concerning the Company. It should be read in conjunction with all other disclosure documents of the Company. The information contained herein is not a substitute for detailed investigation or analysis. No securities commission or regulatory authority has reviewed the accuracy or adequacy of the information presented. This presentation contains “forward looking statements” within the meaning of Canadian securities legislation. Such forward looking statements concern the Company’s anticipated results and developments in the Company’s operations and financial condition in future periods, planned exploration and development of its properties, plans related to its business and other matters that may occur in the future. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by words such as the following: expects, plans, anticipates, believes, intends, estimates, projects, assumes, potential and similar expressions, and include reference to events or conditions that will, would, may, could or should occur. These statements relate to analyses and other information that are based on expectations of future performance, including silver, gold, tellurium, tungsten, lead, zinc and copper production and planned work programs, cash flow forecasts, projected capital and operating costs, and metal price assumptions. Statements concerning mineral resource estimates may also constitute forward looking statements to the extent that they involve estimates of the mineralization that will be encountered if the property is developed. Forward looking statements are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the forward looking statements, including, without limitation:

QUALIFIED PERSON STATEMENT

risks related to precious and base metal price fluctuations; risks related to fluctuations in the currency markets (particularly the Canadian and United States dollars); risks related to the inherently dangerous activity of mining, including conditions or events beyond our control, and operating or technical difficulties in mineral exploration, development and mining activities; uncertainty in the Company’s ability to raise financing and fund the exploration and development of its mineral properties; uncertainty as to actual capital costs, operating costs, production and economic returns, and uncertainty that development activities will result in profitable mining operations; risks related to reserves and mineral resource figures being estimates based on interpretations and assumptions which may result in less mineral production under actual conditions than is currently estimated and to diminishing quantities or grades of mineral reserves as properties are mined; risks related to governmental regulations and obtaining necessary licenses and permits; risks related to the business being subject to environmental laws and regulations which may increase costs of doing business and restrict our operations; risks related to mineral properties being subject to prior unregistered agreements, transfers, or claims and other defects in title; risks relating to inadequate insurance or inability to obtain insurance; risks related to potential litigation; risk related to the global economy; risks related to environmental laws; risks related to political, economic, social and regulatory instability. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the forward looking statements. The Company’s forward looking statements are based on beliefs, expectations and opinions of management on the date the statements are made. For the reasons set forth above, actual results may vary from those implied or projected by forward looking statements and therefore investors should not place undue reliance on such statements.

Cautionary Statement Regarding Preliminary Economic Assessment (“PEA”): The PEA is preliminary in nature, and it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized.

This corporate presentation references portions of the NI 43-101 Technical Report for the Swanson Gold Project with an effective date of September 17, 2024 and prepared by InnovExplo Inc., independent consultants to LaFleur Minerals Inc. The Qualified Persons who prepared this Technical Report are Chafana Hamed Sako, P.Geo., Martin Perron., P.Eng., Audrey Lapointe, P.Geo., and Simon Boudreau, P.Eng. The Technical Report has been filed on SEDAR+ under the Company’s profile.

All scientific and technical information contained in this corporate presentation was prepared and approved by Louis Martin, P.Geo., Technical Advisor for LaFleur Minerals Inc. who is a Qualified Person as defined by NI 43-101. Mr. Martin has verified the scientific and technical information disclosed in this presentation by reviewing and referencing published scientific papers, historical assessment reports, and NI 43-101 technical reports related to the Company’s properties that outline their geology and structure, mineralization, and resource potential.

FULLY PERMITTED AND FUNDED TO RESTART GOLD PRODUCTION AT THE BEACON GOLD MILL, TAILINGS POND AND SWANSON GOLD DEPOSIT IN THE VALLEY OF GOLD (VAL D’OR, QUÉBEC)

through, $900,000 hard dollar) December 2025 to restart Beacon Gold Mill, part of its vertically integrated business model that includes a wholly-owned district-scale exploration project and gold production infrastructure

NEAR TERM VALUE PIVOTS:

POSITIVE PRELIMINARY ECONOMIC ASSESSMENT

SUPPORTING GOLD PRODUCTION RESTART AT BEACON GOLD MILL USING MINERALIZED MATERIAL FROM NEARBY SWANSON

PROCESSING AN ESTIMATED 10,000-20,000 METRIC TONS OF MINERALIZED STOCKPILES REMAINING ON SITE AT BEACON GOLD MILL AS TRIAL RUN

AGGRESSIVE EXPLORATION AT DISTRICT-SCALE SWANSON GOLD PROJECT TARGETING +1M OZ AU, POTENTIAL M&A TO CONSOLIDATE SURROUNDING CLAIMS OR DEPOSITS

NEAR TERM REVENUE-GENERATION FROM 750 TPD GOLD MILL WITH CAPACITY EXPANSION POTENTIAL TO +3,000 TPD

LaFleur Minerals Inc. (CSE: LFLR | OTCQB: LFLRF) is on the path to production in the Abitibi gold belt in the Val-d’Or region of Québec, advancing district-scale gold projects and funded for gold production restart

LaFleur is well-positioned in Canada’s largest gold producing belt surrounded by more than 100 historical and operating mines, flush with neighbouring deposits ideal as sources of ore for the Beacon Gold Mill

Québec is a highly favourable jurisdiction rich in flow-through funding, frequently a top-5 performer in the world for mining potential, offering a stable and supportive environment for resource development

Restart of operations at Beacon Gold Mill has transformational qualities for LaFleur, evolving it from explorer to a gold producer in Q22026 in a Tier 1 jurisdiction with significant upside potential

TARGET OF 1M OZ RESOURCES

PEA COMPLETED TO SOURCE MATERIAL FROM SWANSON

VERTICALLYINTEGRATED GOLD PRODUCTION

SWANSON GOLD PROJECT | FLAGSHIP EXPLORATION ASSET

• Advanced exploration stage project with over 36,000 metres of historic drilling and 18,000 metres of drilling by LaFleur, emphasizing the project's exploration and development potential with numerous gold-bearing regional structures; 2026 mineral resource estimate of 160.3 Koz Au

Indicated and 66.8 Koz Au Inferred

BEACON GOLD MILL

|

IN-PRODUCTION DURING Q2 2026

• Restarting the fully refurbished and permitted Beacon Gold Mill, with processing capacity of over 750 tonnes per day (“tpd”), which underwent ~$20 million in previous upgrades, and ability to produce gold from Swanson and other nearby gold deposits

PROLIFIC & LEADING GOLD PRODUCING REGION

BOTH OF LAFLEUR’S PROJECTS ARE LOCATED IN THE HEART OF THE ABITIBI GOLD BELT

SWANSON GOLD PROJECT & BEACON MINE AND MILL

The Abitibi greenstone belt is unrivalled in gold production, with total gold content on the belt, including past production and current reserves/ resources sitting at >300M oz

per February 9, 2026

Issued & Outstanding Shares

PEA HIGHLIGHTS

PRELIMINARY ECONOMIC ASSESSMENT (“PEA”) OUTLINES A MINE-TO-MILL MODEL AND CAPITAL-EFFICIENT DEVELOPMENT STRATEGY LEVERAGING AN EXISTING PERMITTED MILL LOCATED ~20 KM FROM VAL-D’OR, QUÉBEC, WITH THE ADDED BENEFIT OF CN RAIL ACCESS - POSITIONED AS A LOW-COMPLEXITY, CAPITALEFFICIENT RESTART AND GROWTH PLATFORM WITH OPTIONAL REGIONAL PROCESSING UPSIDE

Economic Highlights (Base Case: US$2,750/oz)

LOW CAPITAL INTENSITY - Capital Costs

• Initial Capital: $31 million (Includes upgrade to 1,250 tpd throughput)

• Sustaining Capital: $10 million (over LOM) Operating Costs

• Total Operating Cost (LOM): $166 million

• Operating Cost per tonne feed: $65/t

• Breakdown per tonne: Mining: $25, Rail: $5, Milling: $28, Reclamation: $4, G&A: $3

Sustaining Costs (AISC) - Industry Competitive and Demonstrates Profitability even at Lower Gold Prices

• Pre-tax: US$1,328/oz

• After-tax: US$1,569/oz

• Cumulative Free Cash Flow: ~$188 million by Year 8

• Includes ~$10

KEY ADVANTAGE IS EXISTING, PERMITTED, REFURBISHED INFRASTRUCTURE, SUSTAINABLE SOURCE OF MINERALIZED MATERIAL, SHORT TIMELINE TO PRODUCTION AND HIGHLY LEVERAGED TO A

PRICE +US$5,000/OZ

Mining Plan

• Conventional open-pit operation

• Production rate: 1,250 tpd (440,000 t/year)

• Average stripping ratio: 7.7:1

• Contractor mining model (reduces capital intensity)

Strategic Development Pathway

• Expand Swanson resource, evaluate satellite deposits and acquisition of regional projects

• Advance bulk sample (~100,000 tonnes)

• Tailings facility expansion studies

• Active collaboration with CN Rail

PROCESSING AND MILL STRATEGY:

Scalability beyond base case, phased expansion

BASE CASE UPGRADE

Capacity: 750 →1,250 tpd

Capex: ~$15M (included in $31M)

Upgrade includes:

- Three-stage crushing

- Rod, ball, stirred mill circuit

- No increase to installed 4 MW hydro power required

- Milling cost expected to drop from ~$42/t → ~$28/t

EXPANSION OPTIONALITY

Parallel 3,000+ tpd circuit

Capex: ~C$175M

Potential for:

- Regional hub-and-spoke strategy

- Custom milling

- Third-party ore feed

LOGISTICS ADVANTAGE

CN Railway Swanson → Beacon Rail cost ~$5/t vs Trucking ~$15/t

Project NPV (5%) Sensitivity

2026 Updated Mineral Resource Estimate (MRE)

Indicated Resources

• 2.96 Mt @ 1.69 g/t Au

• 160.3 koz contained gold

◦ Open pit: 2.74 Mt @ 1.62 g/t (142.5 koz)

◦ Underground: 221 kt @ 2.51 g/t (17.8 koz)

~30% increase in Indicated resources vs. 2024 MRE

Inferred Resources

• 1.08 Mt @ 1.93 g/t Au

• 66.8 koz contained gold

◦ Open pit: 854 kt @ 1.75 g/t Au (48 koz)

◦ Underground: 225 kt @ 2.60 g/t Au (18.8 koz)

Key Assumptions

• Gold price: US$2,500/oz

• Open pit COG: 0.5 g/t

• Underground COG: 1.85 g/t

• Recovery:

◦ Open pit: 90% mining / 84% milling

◦ Underground: 85% mining / 84% milling

* No Mineral Reserves declared. PEA includes Inferred resources.

* PEA is supported by an updated MRE (2026 MRE) for the Swanson Gold Deposit completed in accordance with CIM Definition Standards for Mineral Resources and Mineral Reserves (May 2014) and NI 43-101.

* All resources are reported in situ, undiluted, within Zone 1–4 lithologies, and exclusive of mineral reserves, with contained ounces calculated using the standard conversion factor (tonnes × grade × 0.032151). 2026

Resources are reported in situ, undiluted, Zone 1 – 4 lithologies and exclusive of Mineral Reserves. Contained Au koz=Tonnes kt*Au g/t * 0.032151.

Density Values of 2.9 tonnes/m3 were assigned where no density in the block model was recorded.

The Mineral Resource Estimate (MRE) satisfies the criteria for Reasonable Prospects for Eventual Economic Extraction (RPEEE) and have applied open pit and underground extraction assumptions.

The Qualified Person (QP) that assessed RPEEE is James Gardner, P.Eng. (OIQ).

Mineral resources are not mineral reserves as they do not have demonstrated economic viability.

The open pit mineral resources RPEEE considers all blocks that may generate a revenue even at a small amount in the ultimate pit shell (revenue factor 100) generated using Datamine NPVS. This is not the optimised pit shell that generates the highest NPV. The physical constraints the Lerch Grossman algorithm used are:

o Rock wall angles of 18° overburden and 45° wall angle.

o (Lerchs-Grossmann algorithm) stripping ratio and the cost of waste blocks above required removed to mine the mineralized, making a decision on each block and its unique economics.

o Revenue, Costs, Recovery, and Dilution applied to blocks: Blocks within the ultimate pit shell had a cut-off-grade COG of 0.5 g/t applied, as shown in the equation below:

The cut-off-grade applied for RPEEE is the operational, this reflects the reality of sunk mining cost of material once in a truck, and is the grade at which material should be directed by operations to a low-grade stockpile, the mill and kept out of a waste rock dump. Factors used in the above equation are:

o Sales price of gold of US$2,500/oz converted to minus selling costs, USD/CAD exchange rate of 1.4.

o Recovery of 90% mining and 84% milling (%).

o Costs of $40/tonne: $40/t, comprising $5/t transport, $28/t processing, $4/t reclamation, and $3/t G&A.

The underground mineral resources RPEEE were defined using Datamine’s Mineable Shape Optimizer (MSO), which uses an operational cut-off-grade and includes assumed costs for operating development. At the time of the study, there is not yet enough material underground to warrant inclusion into the PEA’s economic assessment. The physical dimensions of the stopes generated are the following and have a minimum thickness of 5m applied which relates to the cost of mining.

o 5 metres thick, 20 m height and 20 m along strike.

The COG calculation was based on a minimum thickness for a high productivity stope of 5m using modern equipment. This is not the same as the minimum minable thickness which is 8ft for high grade deposits and handheld equipment. It is also based on observations about the geologically wireframed geometry of the deposit and what is known at the time of the study. A longhole open stoping, retreat or transverse method was selected. The COG formula above was used with the following assumptions:

o Sales price of gold of US$2,500/oz converted to minus selling costs, USD/CAD exchange rate of 1.4.

o Recovery of 85% mining and 84% milling.

o Costs of $147/tonne: comprising $5/t transport, $28/t processing, $4/t reclamation, and $5/t G&A and $105/t mining for longhole.

The QPs are not aware of any known environmental, permitting, legal, title-related, taxation, socio-political, or marketing issues or any other relevant issue not reported in the Technical Report that could materially affect the Mineral Resources Estimate.

SWANSON GOLD PROJECT

STRATEGIC ASSETS IN QUÉBEC’S

MOST PROLIFIC GOLD CAMP

SWANSON GOLD PROJECT HIGHLIGHTS

Mineral resource: Substantial increase in Au since 2021 historical estimate, current drilling expanded mineralized zone beyond 2021 wireframes and resource estimate*

SOUTHEASTERN PART OF THE ABITIBI - ALONG REGIONAL BREAK AND A MAJOR GOLD-BEARING STRUCTURE

One of the most prolific gold-producing Greenstone Belts globally

Flagship Swanson Gold Project is strategically located in the Vald'Or mining district of Quebec, positioning LaFleur at the heart of one of Canada's most productive gold mining regions

Successfully consolidated +19,214 hectares (192 km²) in mineral claims (464) and 1 mining lease rich in gold and critical metals centred around the Swanson Gold deposit, including large claims acquisition from Abcourt Mines Inc.; hosts the Swanson, Bartec and Jolin gold deposits - Much of the area of the previous advanced exploration work has been reclaimed

Previously held by Monarch Mining, Abcourt Mines, Globex and others

Accessible by road/rail, 66 km north of Val-d’Or on the Southend Abitibi gold belt, close proximity to established producers such as Agnico Eagle and Eldorado, as well as developers like Probe Gold (Fresnillo plc), with direct access to several nearby gold mills

Infrastructure on site that includes road, railway and power-line, with direct access to LaFleur’s Beacon Gold Mill and past-producing Beacon Mine, located ~66km away

Mining friendly jurisdiction - Quebec has frequently been a top-5 global performer for mining potential (Fraser Institute’s annual survey), offering a stable and supportive environment for resource development with easy access to flow-through capital

PURCHASED FROM MONARCH MINING CCAA IN 2024

Via staking and various option agreements (Abcourt Mines and others)

LaFleur is evaluating a ~100,000 tonnes bulk sample with estimated average grade of 1.89 g/t Au and total contained gold content of ~6,350 oz of gold, representing ~3% of the current mineral resource estimate for the Swanson Project

Advanced Stage Exploration Asset Adjacent to Large Gold Deposits in Eastern Abitibi Gold Belt

Mineral resource estimate (2026) reinforces Swanson’s status as flagship project: Ind. Mineral Resource Estimate of 2.96 Mt with average grade of 1.69 g/t gold, containing 160.3 koz of gold. Inf. Mineral Resource Estimate of 1.08 Mt with average grade of 1.93 g/t gold, containing 66.8 koz of gold - substantial increase in Au since 2021 historical estimate, current drilling has expanded the mineralized zone beyond 2021 wireframes and resource estimate

Majority of the Indicated resource sits within an optimized pit shell and will be the main focus for mine extraction using open-pit mining methods

Mineralized zone 475m (L) x 425m (W) x 500m (D) - open all directions

UG development at Swanson with ramp down 80 metres below surface

Great geological setting with ultramafics (fuchsite), altered mafic volcanics, and syenite intrusion - high-grade mineralization including VG

LaFleur received the necessary permits; Authorization to Intervene and Forestry Intervention, and completed an 18,000 metre drill program at Swanson

Completed a 12-hole validation drilling program at Swanson Gold Deposit to validate historical results, confirm continuity and scale of mineralization, improve resource confidence, collect fresh core for ore-sorting and metallurgical testing, update Mineral Resource Estimate — all feeding into a robust PEA led by ERM

+ $5M SPENT ON EXPLORATION BY THE PREVIOUS OWNER (2021-2023)

Decline portal and ramp down to a depth of 80 metres at Swanson Deposit

SWANSON GOLD PROJECT

POTENTIAL FOR SIGNIFICANT GOLD RESOURCES OVER 1M OZ

Regional gold play well positioned along a major structure hosting gold deposits

Gold Deposits and Showings, Swanson Project Straddles

Several Shear Zones and Gold Bearing Structures

Situated on the Abitibi Greenstone Belt - covering several regional gold-bearing structures

Favourable geology for gold deposits including ultramafics (fuchsite), altered mafic volcanics, sediments and syenite intrusion, high-grade gold and VG

27 mineral showings on the property, including 22 gold showings (Sigeom) - several have historical resources

Other critical mineral showings; Ag, Cu, Zn, Pb and Mo present and represent excellent pathfinder elements for gold

+1,000 historical drill holes on consolidated project area, including 260 drill holes in the Swanson Deposit alone

Previous underground development; ramp to a vertical depth of 80 metres for bulk sample

Broad zones of gold mineralization from previous drilling; locally up to 200 metres in width

Little exploration drilling by Monarch outside of deposit

+ 36,000 METRES OF HISTORICAL DRILLING With numerous gold-bearing regional structures

HIGH-GRADE EXPLORATION RESULTS BY LAFLEUR FROM 2025 DRILLING

Summary of Validation Assay Results

The validation drilling has confirmed the size, continuity, and widespread nature of gold mineralization at the Swanson Gold Deposit. Significant assay intersections include:

• 2.05 g/t Au over 158.25 metres, including 121.0 g/t Au over 1.1 metres (SW-25-066)

• 1.15 g/t Au over 80.3 metres (SW-25-073)

• 1.37 g/t Au over 80.8 metres (SW-25-074)

• 2.97 g/t Au over 66.0 metres, including 91.1 g/t Au over 1.5 metres (SW-25-075)

• 3.15 g/t Au over 51.4 metres, including 92.9 g/t Au over 0.75 metres (SW-25-077)

Summary of Regional Exploration Assay Results

The regional exploration drilling has intersected shallow gold mineralization outside of the Swanson Gold Deposit, showcasing the potential of additional open-pit gold deposits on this vast property. Significant assay intersections include:

• 1.58 g/t Au over 11.05 metres (SW-25-040)

• 0.67 g/t Au over 7.45 metres (SW-25-041)

• 5.78 g/t Au over 2.05 metres (SW-25-042)

• 1.41 g/t Au over 6.00 metres (SW-25-046)

SWANSON GOLD DEPOSIT

60 drill holes totalling 16,592 metres during its maiden drilling program confirms scale, strong gold continuity, long mineralized intercepts, widespread nature of gold mineralization at the Swanson Gold Deposit, and new shallow discoveries beyond the current Swanson Deposit footprint

* Refer to LaFleur Minerals press release dated September 24, 2025 and February 4, 2026 Reported intervals are drilled core lengths (true widths have not yet been determined)

PRIMED FOR CONSOLIDATION & EXPANSION

ESTIMATE

BROAD ZONES OF MINERALIZATION BELOW CURRENT PITSHELL

2 INDUSTRIAL MINERAL SHOWINGS ON PROJECT

Manville-Bolduc Asbestos Mine that produced 737,549 t at a grade of approximately 2% asbestos between 1974 and 1977

Carpentier Pyrophyllite deposit hosts a historical estimate

(source: GESTIM - not compliant with CIM and NI 43-101)

BEACON GOLD MINE & MILL

BEACON GOLD MILL HIGHLIGHTS

Positioned in a prime area: Over 100 historical and operational mines, allowing for rapid monetization of mineralized material from nearby gold deposits

Fully refurbished, permitted, 750 tpd capacity: LaFleur can process its own mineralized material and generate additional revenue from custom milling of regional gold deposits

Mill enhances the overall value proposition of LaFleur by providing a clear path to production and pivoting LaFleur 5 years ahead of other players in the region

BEACON GOLD MILL - LOCATION, INFRASTRUCTURE &

Strategic move transforms LaFleur from a pure exploration play into an integrated gold producer with both mining and milling capabilities

Strategically positioned Beacon Gold Mill and Mine; advancing operations in preparation and towards the planned launch of production by Q2 2026

Fully refurbished, permitted gold mill ~66 km of the Company’s Swanson Gold Project; connected along existing roads and railway for processing future mined mineralized material from Swanson Gold Deposit as primary source, in addition to custom milling operations from nearby gold projects

Beacon Gold Mill underwent ~$20 million in upgrades by previous owner; Monarch Mining, currently under recommissioning work and equipment upgrades for restart, ~30% complete

ERM’s Technical Mining Services Group has completed a Preliminary Economic Assessment (PEA), covering mineral resources, mining plan, metallurgical testing, and all cost components needed for a production restart

LOCATED IN A KEY PRODUCING DISTRICT

Local Mills and Easy Rail Access

Advancement of operations at the Beacon Gold Mill has transformational qualities for LaFleur, evolving it from explorer to gold producer in a Tier 1 jurisdiction with signi ficant upside potential

Low restart cost (est. ~$5 million) with processing capacity of 750 tonnes per day, targeting production up to 20,000 oz of gold per year, at a potential gold price exceeding US$5,000/oz

~10,000 metric tonnes on site for testing from Beaufor Mine; Ability to fill void from large production facilities and cater to regional deposits looking to leverage the mills production

Beacon Mill consists of a mining lease, mining concession, and 11 mining claims; the Property also has tailings management ponds, underground installations, a 500-metre shaft and a mechanical shop from past-producing Beacon Gold Mine

Certificate of authorization from Quebec Government for the processing of 1.8 million tonnes of tailings, equivalent to approximately nine years of mineral processing at full capacity

LaFleur has completed a PEA to evaluate the processing of Swanson mineralized material at Beacon, and to consider mine design, mining methodology/rate, gold production profile, facilities requirements, development schedules, and the overall project economics, following the launch of a permitting process for bulk sampling at Swanson

COMPLETED RESTART MAINTENANCE/REPAIRS FOR BEACON GOLD MILL AND IN PROCESS OF IDENTIFYING CUSTOM MILLING OPPORTUNITIES IN REGION

PRODUCTION TO COMMENCE AT BEACON GOLD MILL (Q22026)

ACQUIRED UNDER OPPORTUNISTIC TERMS IN 2024 IN CASH & SHARE TRANSACTION

Purchased mill under Monarch Mining CCAA

EQUIPMENT PRESENT AT THE BEACON MILL AND PROPERTY:

Cyanidation mill with a capacity of 900 tpd, potential to expand to 1,800 tpd

Mill building, 27.5 metres wide, 69 metres long and 15 metres in height

Tailings pond; 37 hectares

Polishing pond: 28 hectares

Fresh water basin; 250,000 gallons

Process water basin: 750,000 gallons

4000 KVA transformer

Beacon shaft sunk in 1987 to depth of 486.3 metres, headframe remains

Table outlining the estimated production parameters from a 80kt bulk sample from Swanson including total ounces recovered at Beacon Mill

Swanson Bulk Sample (anticipated 6-month production at Beacon Mill)

Parameters

BUMIGEME INDEPENDENT VALUATION REPORT: rehabilitation and recommissioning costs estimated C$4.1 million, whereby replacement cost for new mill, including a tailings storage facility and permitting costs estimated C$71.5 million

TARGETING PRODUCTION UP TO 30,000 OZ OF GOLD PER YEAR GOLD PRICE EXCEEDING US$3,500/OZ

BEACON GOLD MILL - STRATEGICALLY SURROUNDED BY MINES & DEPOSITS

EXPERIENCED MANAGEMENT

MANAGEMENT & DIRECTORS

KAL MALHI CHAIRMAN

PAUL TÉNIÈRE, M.Sc., P.Geo.

CHIEF EXECUTIVE OFFICER & DIRECTOR

HARRY NIJJAR

CHIEF FINANCIAL OFFICER

LOUIS MARTIN, P.Geo.

TECHNICAL ADVISOR & EXPLORATION MANAGER

DIRECTORS

PETER ESPIG

DIRECTOR

JEFF SWINOGA

DIRECTOR

MICHAEL KELLY

DIRECTOR

Mr. Malhi is a successful entrepreneur and the Founder and Chairman of Bullrun Capital Inc. that funds several private early-stage companies on the path to a public listing. Over the past two decades, Kal has fundraised $300M+ in capital for numerous startup companies. Kal specializes in working with academia and advances in technology and funded academic research that has the potential for commercialization through private and public companies. Kal has extensive experience in the mining, oil and gas, biomedical, agriculture, and technology sectors.

Mr. Ténière brings extensive experience in corporate leadership, capital markets, and project development within the mining and natural resources sector. Mr. Ténière is a seasoned C-Suite mining executive and Professional Geologist with more than 25 years of global experience spanning exploration, resource expansion, project development, capital markets, and disclosure compliance. A recognized expert in NI 43-101, JORC, and SEC S-K 1300 reporting standards, Mr. Ténière has served in senior leadership roles including President & CEO, SVP Exploration, and Director for numerous mining companies listed on the CSE and TSXV including Highlander Silver Corp, KO Gold Inc, Major Precious Metals Corp, Canstar Resources Inc, TRU Precious Metals Corp, and Alma Gold Inc. He also contributed to the capital markets as a Senior Listings Manager and Mining Expert at the Toronto Stock Exchange and TSX Venture Exchange, supporting governance and technical disclosure for emerging mining issuers. Paul holds B.Sc. (Honours) and M.Sc. degrees in Geology.

Mr. Nijjar is currently a Managing Director with Malaspina Consultants Inc. and provides CFO and strategic financial advisory services to his clients across many industries. This experience has allowed him to help his clients successfully navigate regulatory and financial environments within which they operate. Harry holds a CPA CMA designation from the Chartered Professional Accountants of British Columbia and a BComm from the University of British Columbia.

Mr. Martin is a P.Geo. and has been a major contributor to the discovery of several gold and base metal deposits during his more than 40 year career. Mr. Martin has been fortunate to be part of the exploration teams that were awarded the Discovery of the Year by the AEMQ for the West Ansil Deposit (2005) and the Louvicourt Deposit (1989). He has worked on several advanced exploration projects, that included bringing 4 of these projects into production. For the last 8 years, Mr. Martin has worked as a technical advisor and geological consultant for numerous junior and major mining companies. Prior to this, Mr. Martin was Vice President of Exploration with Clifton Star Resources, where he led the team that completed a pre-feasibility study defining the 4.5 million-ounce Duparquet Gold Project. Mr. Martin is a registered geologist in Québec and Ontario.

Mr. Espig is President, Chief Executive Officer and Director of Nicola Mining Inc., where he has led the company’s transformation from creditor protection into a producing mining enterprise while significantly increasing its market capitalization. A seasoned mining executive and financier, Mr. Espig previously served as Vice President at Goldman Sachs in its Principal Finance and Asia Special Situations groups and as Vice President at private equity firm Olympus Capital, where he focused on investment analysis, corporate restructurings, and international financing transactions. Over his career, he has structured more than US$2 billion in private equity and pre-IPO transactions and has extensive experience in corporate turnaround, capital markets, and mining project development. Mr. Espig currently also serves as an advisor to LaFleur Minerals.

Mr. Swinoga is a highly respected mining executive with more than 27 years of experience across exploration, development and operations. He has held senior executive and financial leadership roles with leading mining companies, including Barrick Gold, Torex Gold Resources, Hudbay Minerals, North American Palladium and Golden Star Resources. He is the former Chief Executive Officer of Epic Gold Corp. (formerly Exploits Discovery Corp.) and First Mining Gold, where he earned recognition for building high-performing teams, leading strategic transformations, executing M&A and IPO transactions, and maintaining disciplined capital allocation. Mr. Swinoga has led more than $2 billion in project financings and over $400 million in equity raises, working closely with institutional investors, lenders and strategic partners. He also brings extensive board and governance experience, with particular depth in oversight, risk management, continuous disclosure, stakeholder engagement, permitting and social license. Mr. Swinoga is also a Director on the Board of PDAC.

Mr. Kelly is a former member of the Canadian Armed Forces Military Police and a retired member of the Royal Canadian Mounted Police. Michael currently serves as a Partner at BullRun Capital Inc. and is a respected businessman based in Kelowna, British Columbia. Michael is also a director and member of the audit committee of Beyond Medical Technologies Inc., an industrial/technology company with a manufacturing facility located in Delta, British Columbia.

TECHNICAL EXPERTISE - ADVISORS

JEAN LAFLEUR SENIOR ADVISOR

PETER ESPIG ADVISOR

Mr. Lafleur is a Professional Geologist (Québec) with 45 years of experience in Canada and internationally including USA, Mexico, Latin America, Ireland, Spain and Africa. Earlier in his career he worked with Newmont, Falconbridge, Dome Mines, and Placer Dome and has been a C-suite executive for a number of junior exploration companies. Jean has remained active as a technical, management, and financing consultant with junior explorers since the early 2000’s through his own geological consultancy firm and throughout his career has led a number of teams in the discovery of precious and base metals, nickel, PGE’s, uranium, and iron deposits. Jean’s expertise includes mining company and project evaluations, audits, technical reporting, exploration program planning and execution, and research and development with a strong focus on Québec. Jean currently acts as a Senior Consultant, North America for Appian Capital Advisory LLP, a mining-focused private equity firm based in London, UK where through his extensive professional network he sources and presents potential mining transactions in North America to the Appian team for investment opportunities.

Mr. Espig brings substantial experience in managing the funding, construction, ramp up and operation of gold and silver milling and processing facilities in Canada. Mr. Espig served as Vice-President at Goldman Sachs Japan in both the Principal Finance and Securitization Group and the Asia Special Situations Group, where his team participated in more than $10 billion in structured deals, capital raises, and cross-border transactions. Prior to Goldman Sachs, he was Vice-President at Olympus Capital, a New York-based private equity firm, where he focused on corporate restructurings, investment analysis, and international financing negotiations. He also played a pioneering role in some of the earliest SPAC transactions, totaling over US$1.2 billion, and brings deep experience in disciplined capital deployment and turnaround execution. Since 2013, Mr. Espig has served as President and CEO of Nicola Mining Inc. and is a board member of ESGold Corp and First Lithium Minerals. Mr. Espig holds a Bachelor of Arts from the University of British Columbia and an MBA from Columbia Business School, where he was a Chazen International Scholar. He has served on various public boards and was recognized among Industry Era's "Top 10 Admired Leaders" in 2023.

Bumigeme Inc. is a Montréal-based mining engineering consultancy with over 30 years of experience delivering integrated technical solutions to the global mining industry. The firm provides expertise across geology, mine planning, metallurgy, process design, and techno-economic studies, including NI 43-101 compliant reporting and supporting projects from early exploration through to production. Bumigeme is also recognized for its hands-on capabilities in designing, building, and refurbishing mineral processing plants and mills, offering practical EPCM services that deliver efficient and environmentally responsible project execution.

BUMIGEME

Beacon Gold Mill Operational Support Services

Engaged to conduct Preliminary Economic Assessment

Saskatchewan Research Council Ore Sorting Technology

Environmental Resources Management (“ERM”) has been engaged for the completion of a Preliminary Economic Assessment (“PEA”) for the purpose of restarting gold production at the Company’s whollyowned Beacon Gold Mill using mineralized material from its Swanson Gold Deposit. The PEA will be managed by ERM’s Technical Mining Services Group, based in Toronto, Ontario, which operates as the technical services arm of ERM. ERM acquired CSA Global in 2019 to strengthen its capabilities in mineral resource/reserve evaluation, mining and metallurgical engineering, and to complement its established business in environmental stewardship and sustainable development across the mining sector. ERM’s Technical Mining Services Group will oversee and disclose technical study results as part of the PEA, including the mineral resource estimate update, open-pit mine plan, and ore-sorting and metallurgical testing programs and Beacon Gold Mill restart costs. The ERM team includes highly experienced mining engineers, metallurgists, resource geologists, and environmental and sustainability specialists, ensuring a comprehensive and multidisciplinary evaluation.

Saskatchewan Research Council (SRC) is well-positioned as a global mineral sorting and separation centre of excellence with the addition of a full-scale laser sorter to the wide array of services it offers to the mining industry. SRC's Minerals Liberation Sorting Centre is the only third-party, independent testing centre to offer bench-to-pilot scale testing and offers front-to-back solutions for mining industry clients in early exploration, later stage exploration, established mining, and post-mining stages. SRC's sorting centre now offers full production-scale sensor-based sorting services via XRT (X-ray transmission) and laser testing, services that no other independent testing centre in the world can boast. Sensor-based sorting technologies are widely used in various sectors like recycling and food production, but in the mining industry specifically, it is changing how companies evaluate mine design and economics.