Lincoln Gold Announces New CFO
Suite 400 – 789 West Pender Street
Vancouver, BC V6C 1H2
Tel: 604-688-7377
Web: www.lincolnmining.com
Lincoln Gold Announces New CFO
VANCOUVER – June 9, 2020. Lincoln Gold Mining Inc. (“Lincoln” or the “Company”) (TSXV:
LMG) is pleased to announce the appointment of Mr. Dong Shim , effective June 3, 2020, as Chief
Financial Officer to replace Mr. Eugene Beukman, subject to the approval of the applicable regulatory
authorities. Mr. Beukman has resigned from his position as Chief Financial Officer and the Board would
like to thank him for his contributions and wish him much success in future endeavours.
Mr. Shim has led a successful accounting & finance career in both the US and Canada. He brings a
wealth of knowledge to the team with his expertise in auditing publicly-traded junior mining companies
and high-tech industries. Mr. Shim is a member of the Chartered Professional Accountants of British
Columbia and a Certified Public Accountant registered in the State of Illinois, United States. He is also
President of Golden Tree Capital Corp. and SHIM Accounting Corporation with a primary focus on
business advisory, corporate consulting and regulatory filings both in the United States and Canada.
About Lincoln
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 assess ment of the Pine Grove Gold
Project pursuant to National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Lincoln is
working with the USFS to secure the permits necessary to develop the Pine Grove Gold Project into a
low-cost heap leach operation with a high-grade gravity circuit.
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 these 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.
On behalf of Lincoln Gold Mining Inc.
Paul Saxton
President and CEO, Lincoln Gold Mining Inc.
Tel: (604) 688-7377
Email: [email protected]
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
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release.
All statements, trend a nalysis and other information contained in this press release relative to markets
about anticipated future events or results constitute forward- looking statements. Forward- looking
statements are often, but not always, identified by the use of words such as “seek”, “anticipate”,
“believe”, “plan”, “estimate”, “expect” and “intend” and statements that an event or result “may”, “will”,
“should”, “could” or “might” occur or be achieved and other similar expressions. All statements, other
than statements of hist orical 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 uncertainties 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 fluctuations in commodity prices and currency exchange rat es; 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 financing; 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 obli gation to update forward- looking statements except as required by
applicable securities laws. Investors should not place undue reliance on forward- looking statements.