Lappland Goldminers places the first order for the Fäboliden Processing Plant.

Lappland Goldminers has purchased a used mill for the future plant in
Fäboliden.

During work with the feasibility study, we decided to add one more
milling stage, as compared to the pre-feasibility study published
earlier. This additional milling stage will increase the recovery in
the process by 3-4% up to around 90%, and will increase the revenue
from the project at current gold prices by around 25 MSEK/year.

We are very happy to be able to buy high quality used equipment at a
price below a million kronor, in these times of steadily rising
prices on mining equipment. The mill, which is from the closed-down
processing plant of Boliden in Laisvall, has been inspected by
Industriteknik Nord AB, who has many years of experience in
maintenance and operating of mining equipment under Swedish
conditions.  Industriteknik has also been given the assignment of
bringing the mill up to being operational.

The work with the feasibility study is still continuing, and is
expected to be completed during the next month, says Karl-Åke
Johansson, CEO.
About Fäboliden
Fäboliden, the Company's "flagship" and largest deposit, is located
on the Gold Line in the municipality of Lycksele. The company will
establish a central processing plant in this location, for the
purpose of extracting gold and silver, with an annual capacity of 5
million tons of ore. The facility is built to concentrate ores from
the Gold Line, and the end product is doré bars to be sold.

About the Company
Lappland Goldminers AB is an exploration company with the goal of
becoming a producing mining company, striving for environmentally
friendly, "green", solutions.   The company is listed on the market
place "First North" under the name GOLD, with Mangold Fondkommision
AB as the Certified Advisor, as well as the OTC list of the Oslo
exchange. Lappland Goldminers has secured a number of gold deposits
along the so-called Guldlinjen ("The Gold Line") in Västerbotten. The
company's strategy is to develop a profitable, producing mining
company with centrally located processing plants in Fäboliden in
Sweden and in the Haveri area in Finland, which are supplied with ore
from one or several mines through the company's own exploration, or
alternatively through acquisitions.

The company is a member of SveMin, the trade association for mines,
minerals and metal producers in Sweden (formerly called the Swedish
Mining Association) and follows SveMin's reporting rules for public
mining and exploration companies.
For additional information about Lappland Goldminers, please contact:

Karl-Åke Johansson,
CEO                                                            Tomas
Björklund, Board Member
Ph. 0 950 275 01, 0 70,625 22
57                                                    Ph. 070 662 35
35
karl-ake.johansson@lgold.se                                                             tomas.bjorklund@lgold.se

Or visit our web site at: www.lapplandgoldminers.com

The full press release can be downloaded from the following link: