Lincoln Mining Grants an Extension to the Due Diligence Period of the Oro CRUZ GOLD Project Letter Agreement

Suite 400 – 789 West Pender Street

Vancouver, BC V6C 1H2

Tel: 604-688-7377

Fax: 604-688-7307

Web: www.lincolnmining.com

LINCOLN MINING GRANTS AN EXTENSION TO THE DUE DILIGENCE PERIOD

OF THE ORO CRUZ GOLD PROJECT LETTER AGREEMENT

June 27, 2019

Vancouver, British Columbia – Lincoln Mining Corporation, TSX -V: LMG (“Lincoln” or the “Company”)

reports that further to the Company’s news re lease dated March 4, 2019 announcing that pursuant to the

Oro Cruz Letter Agreement (“Letter Agreement”) dated February 28, 2019, the Company, through its

subsidiary Lincoln Gold US Corp., granted Demerara Gold Corp. (“ Demerara”), a non -reporting British

Columbia company and Bell Mountain Exploration Corp. (“ Bell Mountain”), a non -reporting Nevada

company that is a subsidiary of Eros Resources Corp. (Eros; TSX-V: ERC), the right to enter into a formal Option

and Joint Venture Agreement (the “JV Agreement”) until June 30, 2019.

Lincoln, Demerara and Bell Mountain are currently in the process of developing the terms of the joint venture

agreement and Lincoln has agreed to grant an extension to the due diligence period until July 31, 2019.

If the JV Agreement is exercised, it will allow Demerara and Bell Mountain together to earn up to an undivided

75% interest in the Oro Cruz gold project by funding payments to ADGIS, Inc. (the underlying property

vendor), incurring the costs of ongoing property maintenance and future Oro Cruz project exploration and

development (see news release dated March 4, 2019).

Lincoln Mining Corp. is a Canadian precious metals exploration and development company, with interests in

the development-stage Pine Grove gold property in N evada and the pre -development stage Oro Cruz gold

property in California. In the United States, the Company operates under Lincoln Gold US Corp. and Lincoln

Resource Group Corp., both are Nevada corporations. For further information, please contact Paul Saxton 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 MAY INCLUDE FORWARD-LOOKING STATEMENTS OR INFORMATION. ALL STATEMENTS OTHER THAN STATEMENTS OF

HISTORICAL FACT INCLUDED IN THIS RELEASE, INCLUDING WITHOUT LIMITATION, STATEMENTS REGARDING 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 PLAN S 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 RI SKS 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.