Lappland Goldminers reports gold production and deliveries

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News Desk 2018
Lappland Goldminers reports gold production and deliveries for the fourth quarter 2013

· Gold production during the fourth quarter was 3,238 troy ounces (101 kg) and gold deliveries to smelters during the same quarter amounted to 3,798 troy ounces (118 kg) October - December January - December 2013 2012 2013 2012 Pahtavaara Gold production, tr.oz 3,238 4,042 11,045 18,722 Gold production, kg 101 126 344 582 Ore mined, tonnes 109,228 132,727 328,908 529,886 Ore milled, tonnes 99,990 134,430 366,640 515,514 Gold grade*, grams per tonne 1.17 1.07 1.11 1.30 Gold recovery, % 86.0 87.2 81.7 86.8 Gold deliveries, tr.oz 3,798 3,910 10,430 19,717 Gold deliveries, kg 118 122 324 613 KEY EVENTS IN PAHTAVAARA IN THE FOURTH QUARTER 2013 The final results from the completed full-scale test of the Karoliina mineralization at the Pahtavaara mine confirmed that gold recoveries exceeded 80 percent. The full-scale test of the Karoliina mineralization at the Pahtavaara mine was conducted from September 26th to October 6th 2014, a total of approximately 15,000 tonnes of ore was processed during the period. The overall gold recovery in the full-scale test exceeded 80 percent, split into a gravimetric process and a flotation process. The flotation concentrate also contained a substantial amount of copper. The Company assesses that the copper bi-product credit should be able to increase the product value. The production was temporarily suspended during 8 days in November for a scheduled maintenance. The environmental authority has approved the mining and processing of sulfur and chalcopyrite rich ore in the existing environmental permit. The corporate restructuring process in the Finnish subsidiary is proceeding according to plan. The full scale production of the Karoliina ore commenced according to plan in the beginning of January 2014. The interim report for the full year and fourth quarter 2013 will be published on February 20th, 2014. For additional info: Thomas Häggkvist, acting CEO/CFO Tel. +46 70-552 26 22 thomas.haggkvist@lgold.se Also visit: www.lapplandgoldminers.com Lappland Goldminers AB is a producing mining company. The Company is listed on the market place First North in Sweden under the name GOLD. Lappland Goldminers’ strategy is to develop mineral deposits into producing mines. The Company is strategically positioned with the fully permitted Fäboliden gold project in northern Sweden. The Pahtavaara gold operation is located in the north of Finland. Lappland Goldminers is a member of SveMin, the Swedish association for mines, minerals and metal producers, and follows SveMin’s reporting rules for public mining and exploration companies.

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