Lincoln Mining Commences Permitting Studies at Pine Grove and Bell Mountain, Nevada
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 7, 2014) - Lincoln Mining Corp., (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 Corp.
Paul Saxton, President & CEO
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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.