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Cours Or & Argent

Lincoln Mining Corp

Publié le 31 mai 2018

Submits Mine Plan Of Operations Pine Grove Gold Project – Nevada

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Mots clés associés :   Exploration | Mine | Mines | Precious Metals |

Lincoln Mining Submits Mine Plan Of Operations Pine Grove Gold Project � Nevada

Vancouver, British Columbia � Lincoln Mining Corporation, TSX-V: LMG (�Lincoln� or �Company�) is pleased to announce that its U.S. subsidiary, Lincoln Resource Group Corp., has submitted a Mine Plan of Operations (PoO) to the United States Forest Service, Humboldt-Toiyabe National Forest on May 15, 2018. The PoO was compiled by Welsh Hagen Associates of Reno, Nevada and incorporated data and information from a number of consulting companies that are working on the project. Submission of the PoO initiates the National Environmental Policy Act (NEPA), which requires the compilation of an Environmental Impact Statement (EIS), including public comment. The lead agency is the U.S. Forest Service � Bridgeport Ranger District in Bridgeport, California. Lincoln is working closely with its prime environmental contractor, Stantec Consulting Services of Reno, Nevada and the U.S. Forest Service to advance the permitting process as quickly as possible.

A conceptual mining schedule is based on an annual production goal of 1.0 million tons of feed to the crusher.  Material will be mined from two open-pit mines on the Wheeler deposit and Wilson deposit. The Wheeler pit will be mined first and will be backfilled with overburden from the Wilson pit. Contract mining will be utilized. Material will be crushed to -3/8 inch, agglomerated, and placed on a conventional leach pad. Pregnant solutions will be collected from the pad and absorbed onto activated carbon in a series of five columns. The carbon will be stripped off site to recover the gold. High-grade ore will be stockpiled and processed on site utilizing a 200 tpd mill with gravity recovery. Historic production and modern drilling support the presence of local high-grade material. Mine life is estimated at 5 years including 1 year of pre-production. Exploration potential to increase gold resources is excellent. Lincoln is working with its partner, Goldcliff Resources (US) Inc., a subsidiary of Goldcliff Resources Corporation to develop the Pine Grove gold project. Lincoln is the operator of the project.

Mr. Paul Saxton, P.Eng., the Company�s President and Chief Executive Officer and a �qualified person� under National Instrument 43-101, reviewed and approved the scientific and technical information in this news release.

Lincoln Mining Corp. is a Canadian precious metals exploration and development company with projects in various states of exploration and development that include the Pine Grove gold property 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. For further information please contact Investor Relations at 604-688-7377 or visit the Company�s website at www.lincolnmining.com.

On behalf of Lincoln Mining Corporation

�Paul Saxton�

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 COMPANY�S PROJECTS (INCLUDING THE SUBMISSION OF THE MINE PLAN OF OPERATIONS FOR THE PINE GROVE GOLD PROJECT, OR THE EXPECTED APPROVED THEREOF, THE EXPLORATION POTENTIAL OF THE PINE GROVE PROJECT, OR THE STATUS OF THE COMPANY�S PROPERTIES, 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 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.

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Lincoln Mining Corp

EXPLORATEUR
CODE : LMG.V
ISIN : CA5340181067
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Lincoln Mining est une société d’exploration minière d'argent et d'or basée au Canada.

Lincoln Mining détient divers projets d'exploration au Mexique.

Ses principaux projets en exploration sont PINE GROVE en USA et LA BUFA et HANNAH au Mexique.

Lincoln Mining est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 6,9 millions CA$ (5,1 millions US$, 4,6 millions €).

La valeur de son action a atteint son plus haut niveau récent le 29 janvier 2010 à 3,40 CA$, et son plus bas niveau récent le 28 juin 2019 à 0,01 CA$.

Lincoln Mining possède 25 500 000 actions en circulation.

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Projets de Lincoln Mining Corp
01/12/2010(Pine Grove)December 1, 2010
Communiqués de Presse de Lincoln Mining Corp
04/07/2016Lincoln Mining Announces Proposed Private Placement Of Up To...
07/06/2016Lincoln Mining And Goldcliff Resource Look To Jointly Advanc...
02/05/2016Lincoln Mining Enters Exploration License Agreement On Pine ...
24/08/2015Lincoln Mining Receives $100,000 Loan
10/08/2015Lincoln Mining Receives $100,000 Loan
16/02/2015Lincoln Files Amended And Restated 43-101 Technical Report O...
16/02/2015Lincoln Files Amended and Restated 43-101 Technical Report o...
04/02/2015Lincoln Announces Termination Of Bell Mountain Purchase Agre...
04/02/2015Lincoln Announces Termination of Bell Mountain Purchase Agre...
02/12/2014Lincoln Files Amended And Restated 43-101 Technical Report O...
02/12/2014Lincoln Files Amended and Restated 43-101 Technical Report o...
26/11/2014Lincoln Grants Options
26/11/2014Lincoln Grants Options
28/10/2014Lincoln Clarifies NI43-101 Disclosure
28/10/2014Lincoln Closes Sale Of La Bufa Property, Shares For Debt Tra...
27/10/2014Lincoln Closes Sale of La Bufa Property, Shares for Debt Tra...
27/10/2014Lincoln Clarifies NI43-101 Disclosure
09/09/2014Lincoln Mining Permitting Update-Nevada Operations
21/08/2014Lincoln Announces Sale of La Bufa Property
15/05/2014Lincoln Announces Effective Date of Share Consolidation
09/05/2014Lincoln Mining Receives $1,029,000 Loan
07/05/2014Lincoln Mining Commences Permitting Studies at Pine Grove an...
02/05/2014Lincoln Mining Amends Proposed Share Consolidation
09/04/2014Lincoln Mining Announces Appointment of New Directors
26/07/2013News Release July 25
05/09/2012Sept 5 2012
20/09/2011September 20, 2011
17/05/2011May 17 2011
26/04/2011April 26, 2011
31/03/2011News Release March 31, 2011
18/03/2011March 18, 2011
29/07/2010News Release July 29 2010
22/07/2010July 22, 2010
15/06/2010News Release June 15 2010
03/06/2010June 3, 2010
22/04/2010News Release April 22 2010
10/09/2009Corporate Update
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