Lappland Goldminers concentrates gold from low-grade material at the Pahtavaara gold mine - Finland

Lappland Goldminers AB (publ), listed on First North and the
Norwegian OTC list, started, on June 4, beneficiation tests on
low-grade material, by previous owners, classified as waste rock.
Preliminary results indicate a head gold grade of 0.4 to 1.2 g/ton.

The Company is working in accordance with previously released
information to re-start the production. The beneficiation tests  are
carried out with low-grade material which has been deposited and
previously classified as waste rock. Evaluation of the preliminary
results, carried out during 7 working days, between 4 and 12 June,
show that around 6 kg of gold has been produced, at a cost of 0.6
MSEK, 68 SEK/ton, or a cash cost of appr. 520 $/ounce. That means
that all "waste rock" with a grade higher than 0.4 gram Au/ton can be
processed with a profit.  In total 9 000 tons have been processed.  4
Million tons of waste rock is left from the previous owner's
production, of which at least 25% is considered to have potential for
economically viable production.

- Our interest in what previously has been classified as waste rock
is based on our experience in mining. The tests will be carried out
during the month of June, and the results will be incorporated into
future production plans, says Lappland Goldminers CEO Karl-Åke
Johansson.


The operation in  Pahtavaara includes  mine, processing  plant and  a
number of exploration  permits.  The  operations will be  run by  the
wholly owned subsidiary Lappland  Goldminers OY. The Pahtavaara  gold
mine has historically a production level of around 30,000 oz, approx.
1,000 kg, of gold per  year, at a cash  cost of USD 500/oz.  Lappland
Goldminers acquired Pahtavaara in April 2008, for 3.1 Million Euro.


For additional information about our exploration methods, the project
and about the Company please visit our web site.


For additional information:
Karl-Åke Johansson, CEO                 Tomas Björklund, Board Member
Ph. 0950-275 01, 070-625 22 57          Ph. 070-662 35 35
karl-ake.johansson@lgold.se             tomas.bjorklund@lgold.se

Also please refer to:
www.lapplandgoldminers.com
About Mangold Fondkommission:
www.mangold.se


Lappland Goldminers AB  is an  exploration company  and, through  the
acquisition of  the  gold mine  and  processing plant  Pahtavaara  in
Finland,  also  a  producing   mining  company.  The  operations   in
Pahtavaara are  run  out  of the  wholly  owned  subsidiary  Lappland
Goldminers OY.  The company  is  listed on  the market  place  "First
North" under the  name GOLD,  with Mangold Fondkommission  AB as  the
Certified Adviser, 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  gold company with  a
centrally located  processing  plant  in Fäboliden,  Sweden,  in  the
Haveri area in Finland, and Pahtavaara in northern Finland, which  is
supported by  ore  from  one  or several  mines  either  through  the
Company's own  exploration  or  alternatively  through  acquisitions.
Lappland Goldminers is a member of SveMin, the trade association  for
mines, minerals and  metal producers in  Sweden and follows  SveMin's
reporting rules for public mining and exploration companies.