Lincoln Mining Commences Permitting Studies at Pine Grove and Bell Mountain, Nevada
May 07 2014 - 2:40PM
Marketwired
Lincoln Mining Commences Permitting Studies at Pine Grove and Bell
Mountain, Nevada
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 7, 2014) -
Lincoln Mining Corporation, (TSX-VENTURE:LMG) ("Lincoln") or the
"Company") is pleased to announce that it has engaged JBR
Environmental Consultants, Inc. (JBR) in Reno, Nevada for
permitting work at both of the Company's projects in Nevada - Pine
Grove and Bell Mountain. The results of this work will assist the
Company in its goal of advancing the properties to production.
Pine Grove Permitting
Work
Three work orders have been approved by Lincoln for JBR to
commence permitting work at the Pine Grove gold property in Lyon
County, Nevada. Work Order #1 directs JBR to assist in permitting
efforts with the U.S. Forest Service and the Nevada Division of
Environmental Protection - Bureau of Mine Regulations and
Reclamation. Permitting and bonding are required for Lincoln to
conduct geotechnical work, condemnation drilling, water-well
drilling, monitor-well drilling and to further define certain
reclamation obligations. Work Order #2 is for habitat evaluation
and sage-grouse and bat surveys. Work Order #3 is to conduct
surveys for threatened, endangered, sensitive, and non-native
species. Additional biological surveys will be required during
2014. Subsequent data will be used for permitting in an effort to
advance Pine Grove into an open-pit, heap-leach gold operation.
Bell Mountain
Permitting Work
Lincoln has also approved Work Order #1 at the Company's Bell
Mountain gold-silver property in Churchill County, Nevada. JBR will
conduct work to evaluate potential habitat for threatened,
endangered, and sensitive species and present its findings to the
U.S. Bureau of Reclamation. Additional biological surveys will be
required during 2014. Subsequent data will be used for permitting
in an effort to advance Bell Mountain into an open-pit, heap-leach
gold-silver operation.
Mr. Jeffrey Wilson, the Company's Vice President Exploration and
a "qualified person" under National Instrument 43-101, reviewed and
approved the scientific and technical information contained in this
news release.
Lincoln Mining Corp. is a Canadian precious metals exploration
and development company with several projects in various stages of
exploration and development which include the Pine Grove and Bell
Mountain gold properties in Nevada, the Oro Cruz gold property in
California and the La Bufa gold-silver property in Mexico. In the
United States, the Company operates under Lincoln Gold US Corp.,
and Lincoln Resource Group Corp., both Nevada corporations.
On behalf of Lincoln Mining Corporation
Paul Saxton, President & CEO
NEITHER THE TSX-VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE
TSX-VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
THIS PRESS RELEASE INCLUDES FORWARD-LOOKING STATEMENTS OR
INFORMATION. ALL STATEMENTS OTHER THAN STATEMENTS OF HISTORICAL
FACT INCLUDED IN THIS RELEASE, INCLUDING WITHOUT LIMITATION,
STATEMENTS REGARDING LINCOLN'S PLANS TO ADVANCE THE PROJECT TOWARDS
PRODUCTON AND OTHER FUTURE PLANS AND OBJECTIVES OF LINCOLN ARE
FORWARD-LOOKING STATEMENTS THAT INVOLVE VARIOUS RISKS AND
UNCERTAINTIES. THERE CAN BE NO ASSURANCE THAT SUCH STATEMENTS WILL
PROVE TO BE ACCURATE AND ACTUAL RESULTS AND FUTURE EVENTS COULD
DIFFER MATERIALLY FROM THOSE ANTICIPATED IN SUCH STATEMENTS.
ACCORDINGLY, INVESTORS SHOULD NOT PLACE UNDUE RELIANCE ON
FORWARD-LOOKING STATEMENTS. IMPORTANT FACTORS THAT COULD CAUSE
ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE COMPANY'S PLANS OR
EXPECTATIONS INCLUDE THE RISK THAT ACTUAL RESULTS OF FUTURE
EXPLORATION WORK, INCLUDING DRILL RESULTS AND RESULTS OF
ENGINEERING AND METALLURGICAL STUDIES, WILL NOT SUPPORT THE
COMPANY'S PLANS TO ADVANCE THE COMPANY"S PROJECTS; COST OVERRUNS
AND PROJECT DELAYS; AVAILABILITY OF CAPITAL AND FINANCING NECESSARY
TO FUND PLANNED EXPLORATION WORK ON THE PROJECTS; FLUCTUATIONS IN
COMMODITY PRICES AND FOREIGN EXCHANGE RATES; GENERAL ECONOMIC,
MARKET OR BUSINESS CONDITIONS; MINING ACCIDENTS; REGULATORY
CHANGES; TIMELINES OF GOVERNMENT OR REGULATORY APPROVALS AND
PERMITTING; AND OTHER RISKS DETAILED HEREIN AND FROM TIME TO TIME
IN THE FILINGS MADE BY THE COMPANY. THE COMPANY MAKES ALL
REASONABLE EFFORTS TO UPDATE ITS CORPORATE MATERIAL, DOCUMENTATION
AND FORWARD-LOOKING INFORMATION ON A TIMELY BASIS TO THE EXTENT
REQUIRED BY APPLICABLE LAWS.
Lincoln Mining CorporationInvestor
Relations604-688-7377www.lincolnmining.com
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