2008-05-05 23:37:01 -

- LKA International, Inc. Kye A. Abraham, 253-851-7486 www.lkaintl.com LKA International, Inc. (OTCBB:LKAI) reports that Golden Wonder Mine operator, Richmont Mines Inc. (AMEX:RIC) is close to completing rehabilitation work required to bring the Golden Wonder back into compliance with federal and state regulatory requirements. Richmont anticipates this rehab work will be completed during May and exploratory efforts to identify a new production zone(s) will commence immediately thereafter. Richmont notified LKA in December, 2007 of its intention to proceed with a nine-month, $3 million "Initial Commitment" toward the acquisition of a 50% stake in LKA's Golden Wonder Mine. A total of $18 million will be required over a sixty-four month period for Richmont to earn a 50% joint venture interest.

(See previous LKA announcements dated November 9, and December 26, 2007).

Exploration activities will involve advancing the existing drift along the vein system at 6 Level and simultaneously drilling perpendicular core holes to explore for parallel veins within the Golden Wonder structure. While additional exploration is needed to establish reserves, production from this area yielded 15,348.42 ounces of gold at an average grade of 15.258 ounces (644.67 grams) of gold per ton of ore during the first half of 2006. In spite of this, investors are cautioned that establishing new/any reserves will be solely dependent on successful exploration efforts and there can be no assurance that commercial grades of ore extend beyond the previously mined zone.

Assays from chip samples taken by Richmont in late 2007, in an area immediately below 6 Level, revealed an average grade of 16.82 ounces (476.84 grams) of gold per ton. Samples were taken at four-foot intervals over a thirty-two foot vertical section. Exploratory efforts conducted in this area during 1998-2000 by LKA's previous operator, Au Mining, yielded over 24,578 ounces of gold at an average grade of 13.03 ounces (369.39 grams) per ton of ore.

Golden Wonder Mine

Still considered an exploration property, the Golden Wonder mine has produced 133,701 ounces of gold valued at more than $45 million since 1998 (based on an average sale price of $337.75, net of processing charges). The average grade of the ore sold during this period was 16.01 ounces (453.87 grams) of gold per ton. Ore production from the most recent two-year period (June, 2004 - June, 2006) yielded 52,668 ounces of gold at an average grade of 18.87 ounces (534.95 grams) of gold per ton. The primary purchasers of ore over this period were ASARCO and Barrick-Goldstrike with limited purchases by Teck Cominco. Substantial exploration and development work will be required to return the Golden Wonder to "producing" status (assuming such efforts are successful). The mine is not currently in production.

About LKA

LKA is a Gig Harbor, WA based natural resource holding and development company. The Company's primary assets are the Golden Wonder mine and the Ute-Ule silver mine and mill. Both of these properties are located in Hinsdale County, CO.

Safe Harbor Statement

LKA's plans to resume/expand Golden Wonder production are subject to a number of conditions including, but not limited to, favorable geology, successful exploration efforts, favorable financing terms/availability, permits, gold prices, market conditions, etc. Mining and related activities are inherently high-risk endeavors and there can be no assurance that LKA will be successful.

Forward-looking statements in this release are made pursuant to the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, market conditions and price for the company's products, reliance on key personnel, availability of labor, equipment, consulting services, financing and technological changes, as well as any and all 'other risks' associated with business.

¶ LKA Reports on Progress to Restore/Resume Production at Golden
Wonder Mine