Lincoln Files Amended and Restated 43-101 Technical Report on Bell Mountain
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 2, 2014) - Lincoln Mining Corp., (TSX VENTURE:LMG) ("Lincoln" or the "Company") announces further to its news release dated October 27, 2014, as a result of a review by the British Columbia Securities Commission (the "BCSC"), it has filed an amended and restated NI 43-101 technical report dated November 13, 2014 prepared by Welsh Hagan Associates (formerly Telesto Nevada, Inc.) entitled "Amended and Restated NI 43-101 Technical Report for the Bell Mountain Project, Churchill County, Nevada" (the "Amended Report").
The Amended Report addresses comments raised by the BCSC, including but not limited to: enhanced cautionary language (where necessary), improved disclosure on methodology and estimates for future work. There were no material differences in the resource estimates between the original report dated December 18, 2012 and the Amended Report dated November 13, 2014.
The Amended Report is available under the Company's profile on SEDAR (www.sedar.com).
The Company is still in the process of amending its technical report dated December 8, 2011 on the Pine Grove property.
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 and the Oro Cruz gold property in California. 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
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 THE UPDATED TECHNICAL REPORTS 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. IMPORTANT FACTORS THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE COMPANY'S PLANS OR EXPECTATIONS INCLUDE AVAILABILITY OF CAPITAL AND FINANCING TO COMPLETE THE UPDATED TECHNICAL REPORT ON PINE GROVE, MAINTAIN THE COMPANY'S PROJECTS; GENERAL ECONOMIC, MARKET OR BUSINESS CONDITIONS; FLUCTUATING METAL PRICES; REGULATORY CHANGES; TIMELINESS OF GOVERNMENT OR REGULATORY APPROVALS 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.