Surging Gold Prices Fuel Junior Miner's Push to Production

NetworkNewsWire Editorial Coverage

NEW YORK, July 23, 2025 /CNW/ -- Gold's dramatic climb past $3,300 per ounce in 2025 (all figures in U.S. dollars unless otherwise noted) has proven to be more than a short-term rally—it signals growing investor unease with the global financial landscape. As inflation remains persistently high and trust in fiat currencies continues to erode, gold has reemerged as a dependable hedge against economic instability. This renewed confidence has spurred a surge of capital into Canadian gold projects, particularly in the Abitibi Greenstone Belt, the country's most prolific gold-producing region. Capitalizing on this trend, LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (Profile) is accelerating its transition from exploration focused to production ready. LaFleur joins an impressive group of savvy mining companies — including Amex Exploration Inc. (TSXV:AMX.VN) (OTC:AMXEF), Troilus Gold (TSX:TLG.TO) (OTC:CHXMF), West Red Lake Gold Mines Ltd. (TSXV:WRLG.VN) (OTC-BB:WRLGF) and Ascot Resources Ltd (TSX:AOT.TO) (OTCQX:AOTVF) — committed to making a difference in the mining space.