Lincoln GOLD Strengthens Technical Leadership and Initiates Next Phase of Bell Mountain Development
Suite 400 – 789 West Pender Street
Vancouver, BC V6C 1H2
Tel: 604-688-7377
Web: www.lincolnmining.com
FOR IMMEDIATE RELEASE
LINCOLN GOLD STRENGTHENS TECHNICAL LEADERSHIP AND INITIATES NEXT
PHASE OF BELL MOUNTAIN DEVELOPMENT
Vancouver, B.C. – September 1, 2026 – Lincoln Gold Mining Inc. ("Lincoln" or the
"Company") is pleased to announce the formal engagement of Welsh Hagen
Associates ("Welsh Hagen") as Engineers of Record for the Company's Nevada gold
assets, including the Bell Mountain Project, a permitted Nevada gold-silver project.
Welsh Hagen is a multidisciplinary engineering and consulting firm with longstanding
involvement across Lincoln's Nevada portfolio, including both the Bell Mountain and
Pine Grove projects. Their historical knowledge of the assets provides valuable
technical continuity while positioning the Company with an experienced engineering
partner to support project advancement.
Joe Sawyer, P.Eng., President of Lincoln Gold’s U.S. Operations, looks forward to
continued collaboration in advancing Bell Mountain toward production and supporting
the development of the Company’s other Nevada assets. “Welsh Hagen have a very
strong technical team with vast knowledge of Nevada gold assets; their footprints are all
over the gold projects in the State”.
Under the engagement, Welsh Hagen will lead a structured engineering and technical
work program designed to advance Bell Mountain toward construction readiness. The
work will build upon the substantial technical foundation already established through the
updated Preliminary Economic Assessment ("PEA") with an effective date of July 23,
2024, the Mine Plan of Operations ("MPO"), and the Water Pollution Control Permit
("WPCP") engineering studies. By leveraging these existing technical studies, the
Company expects to streamline engineering efforts while efficiently advancing the
Project through its next stages of development.
The Company is advancing Bell Mountain through a three-phase engineering and
development program toward construction readiness. Phase One will focus on
powerline review, preliminary waterline design, well testing and evaluation of off-site
carbon stripping. Phase Two will advance detailed facility and process engineering,
while Phase Three will address pit shell refinement, reclamation and bonding, air
permitting, construction scheduling and EPCM selection. In parallel, the Company will
re-engage with the U.S Bureau of Land Management (“BLM”) and the Nevada Bureau
of Mining Regulation and Reclamation (“BMRR”) to re-establish technical and regulatory
dialogue and build upon Bell Mountain’s existing permitting and technical foundation as
the Project advances toward construction.
The Company intends to provide shareholders with updates as individual engineering,
technical and permitting milestones are achieved, offering visibility into the ongoing
progression of the Project.
As part of the Welsh Hagen team of professionals, Doug Willis, C.P.G., will serve as
Consulting Geologist to the Company, providing geological oversight and technical
guidance as Bell Mountain advances through engineering and development. Together,
Welsh Hagen and Mr. Willis provide Lincoln with an integrated technical team
combining expertise in geology, mining engineering, hydrology, environmental
compliance and permitting under a unified development framework.
Ian Rogers, Chairman and CEO, commented:
"Formalizing our relationship with Welsh Hagen and bringing both John Welsh and
Doug Willis onto our technical team represents an important milestone for Lincoln Gold.
Welsh Hagen has been involved with our Nevada assets for many years and possesses
a deep understanding of the Bell Mountain and Pine Grove projects. The
multidisciplinary engineering capabilities of John Welsh, combined with Doug's
geological expertise, provide the technical leadership required as we advance Bell
Mountain toward development."
"One of the key advantages we have today is the significant body of technical work
already completed at Bell Mountain. By building upon the updated PEA, the Mine Plan
of Operations and the Water Pollution Control Permit engineering work, we can focus
our efforts on efficiently advancing the Project. We've established a clear engineering
roadmap, and we look forward to updating shareholders as we complete each milestone
in the months ahead."
About Welsh Hagen Associates
Founded in 2001, Welsh Hagen Associates is a multidisciplinary engineering and
consulting firm providing professional services in civil engineering, water resources,
hydrology, environmental compliance, mine engineering and remedial engineering
throughout the western United States. The firm's professionals include engineers,
geologists, hydrologists and geochemists with extensive experience supporting mining
projects from permitting through construction and operations.
About Lincoln Gold Mining Inc.
Lincoln Gold Mining Inc. is a Canadian precious metals exploration and development
company headquartered in Vancouver, British Columbia. Lincoln’s portfolio includes the
Bell Mountain Gold-Silver Project and the Pine Grove Gold Project, both located in
Nevada, USA. Bell Mountain is an advanced-stage project with permitting in place and
is being advanced toward development and potential production, subject to financing
and customary approvals. Pine Grove is a larger-scale project currently in the permitting
and development evaluation stage. Both projects are located approximately 61 air miles
apart within Nevada’s Walker Lane mineral belt, a highly prospective and well-
established mining jurisdiction hosting multiple producing mines and advanced
development projects. The region benefits from established infrastructure, experienced
mining workforce availability, and a long history of precious metals production.
Together, these assets represent a complementary development portfolio positioned
along a staged advancement pathway, with Bell Mountain representing the nearer-term
development focus and Pine Grove providing longer-term scale potential.
Lincoln is focused on advancing its portfolio through staged development, technical de-
risking, and capital formation initiatives, with the objective of progressing toward mid-tier
gold producer status.
ON BEHALF OF THE BOARD OF DIRECTORS
Lincoln Gold Mining Inc.
Ian Rogers
Chairman and Chief Executive Officer
For further information, please contact:
Lincoln Gold Mining Inc.
Ian Rogers, Chairman and CEO
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.
Forward-Looking Information:
This news release contains forward-looking information and forward-looking statements within the
meaning of applicable securities laws. Forward-looking information in this release includes, but is not
limited to, statements regarding the anticipated scope and timing of engineering work programs, the
advancement of the Bell Mountain Project toward development, future technical and regulatory
engagement, and the expected provision of updates on project milestones. Forward-looking information is
based on a number of assumptions that, while considered reasonable by management at the time of
preparation, are subject to business, market, and economic risks and uncertainties that could cause
actual results to differ materially. These risks and uncertainties include, but are not limited to, changes in
commodity prices, engineering or technical challenges, permitting and regulatory risks, availability of
financing, and general economic conditions. Readers are cautioned not to place undue reliance on
forward-looking information. The Company does not undertake to update any forward-looking information
except in accordance with applicable securities laws.