Lincoln Announces Passing of Director Shing Lee
Suite 400 – 789 West Pender Street
Vancouver, BC V6C 1H2
Tel: 604-688-7377
Web: www.lincolnmining.com
Lincoln Announces Passing of Director Shing Lee
VANCOUVER – January 28, 2022. Lincoln Gold Mining Inc. (“Lincoln” or the “Company”) (TSXV:
LMG) announces with great sadness the sudden passing of Mr. Shing Lee, a director of Lincoln since
2019. In addition to his tenure with the Company, Mr. Lee was a prominent businessman in Hong Kong
and Chief Executive Officer of Wuling Motors Holdings Ltd., a publicly listed automotive company in Hong
Kong. His commitment, guidance and support will be greatly missed.
Paul Saxton, Chief Executive Officer of the Company commented: “We are deeply saddened by the news
of Mr. Lee ’s passing. He was a well-liked and much respected colleague and we will greatly miss his
friendship, guidance and unwavering support. On behalf of the management and staff, we are grateful for
all his contributions to the Company and extend our deepest condolences to his family, friends and
colleagues during this incredibly difficult time”.
On behalf of Lincoln Gold Mining Inc.
Paul Saxton
President and CEO, Lincoln Gold Mining Inc.
Tel: (604) 688-7377
Email: [email protected]
About Lincoln Gold Mining Inc.
Lincoln Gold Mining Inc. is an advanced-stage gold mine exploration and development company holding
a 100% interest in the Pine Grove Gold Project, in the Walker Lane structural zone of western Nevada.
The Company has prepared a preliminary economic assessment of the Pine Grove Gold Project pursuant
to National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Lincoln is working with the
United States Forest Service to secure the permits necessary to develop the property into a low-cost open
pit heap leach operation including a high-grade gravity circuit.
Lincoln continues the development of exploration plans for the newly acquired Shawinigan property in
Quebec to evaluate the copper, nickel, and cobalt opportunities at the site. The Company has recently
expanded the area of exploration to approximately 50 square kilometers.
Lincoln also owns an interest in a joint venture in respect of the Oro Cruz Gold Property in California.
Lincoln’s joint venture partner is advancing the Oro Cruz Gold Property towards further exploration,
development, and production.
Lincoln holds its interests in the US projects through its wholly owned subsidiaries, Lincoln Resource
Group Corp., and Lincoln Gold US Corporation, both Nevada corporations.
For more information, please contact Paul Saxton, President and CEO of the Company.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
Neither 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.
2
All statements, trend analysis and other information contained in this press release relative to markets about anticipated fu ture
events or results constitute forward-looking statements. All statements, other than statements of historical fact, included herein,
including, without limitation, statements relating to the permitting process, future production of Pine Grove Gold Project, budget
and timing estimates, the Company’s working capital and financing opportunities and statements regarding the exploration and
mineralization potential of the Company’s properties, are forward -looking statements. Forward- looking statements are subject
to business and economic risks and uncertain ties and other factors that could cause actual results of operations to differ
materially from those contained in the forward -looking statements. Important factors that could cause actual results to differ
materially from Lincoln’s expectations include flu ctuations in commodity prices and currency exchange rates; uncertainties
relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; the need for cooperation of
government agencies and native groups in the exploration and development of properties and the issuance of required permits;
the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future fina ncing;
the possibility of delay in exploration or development programs and uncertainty of meeting anticipated program milestones; and
uncertainty as to timely availability of permits and other governmental approvals. Forward -looking statements are based on
estimates and opinions of management at the date the statements are made. Lincoln does not undertake any obligation to
update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance
on forward- looking statements.