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Lactarius fallax, commonly known as the velvety milk cap, is a species of fungus in the family Russulaceae. Found in both spruce and mixed conifer forests, it is a fairly common species in the Pacific Northwest region of North America, with a northerly range extending to Alaska. Its fruit bodies are medium-sized, with velvety, brown to blackish caps up to 3–9 cm (1.2–3.5 in) in diameter bearing a distinct pointed umbo. The caps are supported by velvety stems up to 6 cm (2.4 in) long and 1.5 cm (0.6 in) thick. The mushroom oozes a whitish latex when it is cut, and injured tissue eventually turns a dull reddish color. The eastern North American and European species Lactarius lignyotus is closely similar in appearance, but can be distinguished by its differing range.