Lappland Goldminers AB: The Swedish Government Approves The Mining Concession For The Stortjärnhobben Gold Project

Lycksele, Sweden, Jan 8, 2008 - (Hugin via ABN Newswire) - The Swedish Government has on, December 6, 2007, decided to reject the appeal by the Vapsten Same village against the Chief Mining Inspector's decision for a mining concession for Stortjärnhobben in the Community of Storuman in the County of Västerbotten, Sweden.

With the cabinet decision to reject the appeal by the Vapsten Same village, a reindeer herding organization, against the Chief Mining Inspector's decision for a mining concession for Lappland Guldprospektering AB's gold project at Stortjärnhobben, the Company has now received a final approval for its second mining concession on the Gold Line. The strategy of the Company is to build a centrally located processing plant for gold ores at Fäboliden and to feed the plant with ores from a larger area. Stortjärnhobben fits perfectly into this strategy. The Environmental Court's positive decision of the 21st of December last year, to grant permission for a mine and processing plant at Fäboliden, means that we now have the basic parts in place to accomplish the strategy of the Company.

At Stortjärnhobben a 750 m long gold mineralized zone with occasional high gold grades has earlier been indicated by core drilling. As the Company has secured an exploitation concession for Stortjärnhobben of 22 ha we are now ready to activate our plans for the project that entails continued investigation of the gold mineralized zone from underground positions. This will be done with core drilling in order to be able to estimate mineral resources. The plans includes approximately 600 m of ramp access and 3 000 m of core drilling totalling some 35 drill holes in 8 to 10 profiles with fan drilling. Some mineral samples will also be extracted for additional metallurgical tests for gold extraction. The Company will now proceed with procurements of the contracts needed and applications for necessary permits. The Company estimates that the planned activities will be sufficient to achieve the geological and metallurgical information necessary for a feasibility study of the area in question, says Karl-Åke Johansson, CEO.

About Stortjärnhobben

Stortjärnhobben is situated 4 km southeast of the village Grundfors and 2.5 km south of the Ume River in the Storuman municipality in the county of Västerbotten. The transportation distance to Fäboliden along existing roads is 65 km. Stortjärnhobben gold project is 100 % owned by Lappland Goldminers AB through its subsidiary company Lappland Guldprospektering AB.

Further information can be found on the company's Webb site: under Stortjärnhobben.

About the Company

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 Fondkommission 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, Sweden and in the Tammerfors schist belt in Finland. The Company's strategy is to develop a profitable, producing gold company with a centrally located processing plant in Fäboliden, Sweden, and in the Haveri area in Finland, which is supported by ore from one or several mines either 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 AB, please contact:

Karl-Åke Johansson, CEO Tomas Björklund, Board Member Ph. +46 950-275 01, +46 70-625 22 57 Ph. +46 70-662 35 35 karl-ake.johansson@lgold.se tomas.bjorklund@lgold.se Or see Lappland Goldminers' web site www.lapplandgoldminers.com at: About Mangold Fondkommission: www.mangold.se



LINK: http://hugin.info/134992/R/1180163/235038.pdf

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Lappland Goldminers AB

http://www.lapplandgoldminers.com

ISIN: SE0000718132

Stock Identifier: SSE.GOLD