Lincoln’S Response to Mikulic’S Dissident Shareholders

Suite 400 – 789 West Pender Street

Vancouver, BC, V6C 1H2

Tel: 604-688-7377

Web: www.lincolnmining.com

LINCOLN’S RESPONSE TO MIKULIC’S DISSIDENT SHAREHOLDERS

Vancouver, BC, July 30, 2025 – Lincoln Gold Mining Inc. (TSX.V: LMG) (the "Company" or "Lincoln")

responds to the recent news release made by Ljubo Mikulic on behalf of the Dissident shareholders . The

Company continues to review all defamatory statements made by the dissidents. We encourage all shareholders

to google search Mr. Mikulic’s past.

YOUR VOTE IS VERY IMPORTANT

OUR GOAL IS PRODUCTION AND SHAREHOLDERS RETURNS

Lincoln Gold’s Board and management are confident in the Company’s strategic direction. With the strong

endorsement of major Stakeholders, the Company continues to execute its well -defined plan to create value.

Paul Saxton, Lincoln Gold’s President and CEO, stated: “We appreciate the unwavering support from our major

stakeholders and the confidence in our professional team. The backing by these key stakeholders underscores

that the vast majority of our stakeholders see the value in Lincoln Gold’s current strategy. As professionals we

will not be distracted by Mr Mikulic’s comments. With our decades of experience our focus remains on

advancing our Nevada gold projects toward production and delivering value for all shareholders. We continue

to press forward in lining up the funding arrangements for the construction of the Bell Mountain project.”

About Lincoln Gold Mining Inc.:

Lincoln is a Canadian precious metals exploration and development company headquartered in Vancouver, BC.

The Company holds interest in the Bell Mountain gold-silver property and the Pine Grove gold property which

are nearby via hwy. to each other, both located in the highly prospective Walker Lane mineral belt that is known

for its numerous gold and silver deposits. Lincoln is committed to maintaining steady progress towards its goal

of becoming a near term mid-tier gold producer.

For further information, please contact:

Lincoln Gold Mining Inc.

Paul Saxton

President and Chief Executive Officer

Phone: 604-688-7377

Email: [email protected]

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.