* A new stock issue has injected a capital of SEK 100 million, before costs of issue, into the company. * The environmental court at Umeå announces Lappland Goldminers application for mining and processing plant in Fäboliden (April 10). The Environmental Court now considers that the application is complete and sufficient for processing and making a decision. * "Inferred mineral resource" is reported for the zinc, lead and silver mineralization in Gubbträsk in a press release on June 13 at the following numbers: o Gold mineralization: 700,000 ton at a grade of 1.6 Au g/t o Zinc, lead and silver mineralization: 2,100,000 ton at 1.2 Zn %, 1.1 Pb % and 11 Ag g/t. * The company acquires all of the gold projects in Finland from the Canadian company Northern Lion Gold Corporation (listed on the Toronto stock exchange), including the gold project Haveri situated on the interpretated extension of the Gold Line in southwestern Finland. Mining for copper, gold and cobalt was taking place in Haveri during the years 1942-1962. The project is considered to have a good potential for gold. Events after the end of the reporting period * Two used second-stage grinding mills are acquired from the closed-down mine in Laisvall. The purpose of the second-stage grinding is to increase yield to around 90% for the processing at Fäboliden. P/L of fiscal period The most important goal of an exploration company that is focused on becoming a producer, is to transform funds raised through financing into increased ore reserves and mineral resources, and to develop the projects technically and economically. During the fiscal period the company has continued its explorations on a large scale on several objects. The company capitalizes expenses on mature project, and due to this the P/L reported depends both on the total expenditures and also on the relative distribution between mature and early projects. P/L for the fiscal period is SEK -5.7 million (previous year SEK -11.4 million). Reporting dates * Notice of year-end statements was issued on February 28, 2007 * The interim report for January-March was issueed on May 31, 2007. * Interim report for the period January- September 2007 will be issued on November 30, 2007. Lappland Goldminers AB is an exploration company with the goal of becoming a producing mining company. 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. The technical data for this report has been compiled by Leif Carlson and Karl-Åke Johansson, who are registered by SveMin as QP,"Qualified Persons". Lycksele August 31, 2007 Karl-Åke Johansson CEO For additional information please refer to our webpage: www.lapplandgoldminers.com or contact Karl-Åke Johansson, CEO Tomas Björklund, Director karl-ake.johansson@lgold.se tomas.bjorklund@lgold.se Ph. 0950-275 01, 070-625 22 57 Ph. 070-662 35 35 The full report including tables can be downloaded from the following link:
Lappland Goldminers AB: Interim report January - June 2007
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