Swedish gold exploration since 1994
Lappland Guldprospektering AB is a gold exploration company founded in 1994. The Company holds an exploitation concession at its principal project, Stortjärnhobben, in southern Lapland, with an Inferred Mineral Resource of 4.6 tonnes of gold, as well as nine exploration permits, of which seven are for gold and two for zinc, copper and silver. LGOLD B has been traded on Spotlight Stock Market since October 2024.
The company behind several Swedish gold finds
Lappland Guldprospektering AB was founded in 1994 by the prospectors Torbjörn Grahn, Eric Sjölund and Jan-Åke Unee, together with the geologist Göran Pettersson. The founders are behind the discoveries of gold-bearing boulders in the Jåvan area in 1988 and gold mineralisation in bedrock at Stortjärnhobben in 1995. The first signs of gold in the Lycksele area appeared as early as 1973.
The founders are behind almost all gold occurrences discovered in Lapland over the past 30 years, including the Svartliden mine (operated by Dragon Mining), Fäboliden (today owned by Dragon Mining, previously by Lappland Goldminers), Botnia’s Fäbodtjärn and Lappland Guldprospektering’s own deposit, Stortjärnhobben.
In the late 1990s, Tomas Björklund, the current Chair of the Board, joined the business. Karl-Åke Johansson, the Company’s CEO until March 2025, was CEO of Lappland Goldminers from 2001 to 2008 and was then responsible for the work relating to the Stortjärnhobben exploitation concession. Jan-Åke Unee and Torbjörn Grahn are still operationally active. Eric Sjölund has passed away.
In recent years, Torbjörn Grahn and Göran Pettersson have conducted operations within Svensk Malmprospektering AB together with the prospector Ingemar Åslund. That company is today a wholly owned subsidiary of Lappland Guldprospektering AB. Together with the prospector Benny Mattsson and the geologist Guillermo Puig, they form the Company’s operational field team.
From exploration to mining production
The Company’s business concept is to take projects through to mining production and thereafter conduct mining operations, and to develop mineral deposits in Sweden through exploration. The aim is sound growth in shareholder value.
Initially, revenues from future producing mines are reinvested in exploration activity and the development of new mineral deposits. In the longer term, the return is intended to be distributed to the owners.
Operational direction
This is a target, not the current resource. The Company’s classified resource today is an Inferred Mineral Resource of 4.6 tonnes of gold under the PERC Reporting Standard (2021 edition). If the target is reached, 500,000 oz would correspond to about 15 years of production. Upgrading a mineral resource to a reserve requires further drilling and a preliminary feasibility study.
At one of the Company’s other projects. The mineral resource should justify financing for an extensive drilling programme.
Thirty years of exploration history
Growing, high-quality, sustainable
The Company aims to build a growing, high-quality and sustainable mining company at the lowest possible risk. Operations follow Swedish regulatory discipline, industry practice under Svemin and the PERC Reporting Standard (2021 edition).
Through the subsidiary Svensk Malmprospektering AB, the portfolio is deepened with further exploration permits in northern Sweden.