Lappland Goldminers AB: Interim report January - June 2007

* 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: