Lincoln Mining Submits MINE Plan of Operations Pine Grove GOLD Project – Nevada
Suite 400 – 789 West Pender Street
Vancouver, BC V6C 1H2
Tel: 604-688-7377
Fax: 604-688-7307
Web: www.lincolnmining.com
LINCOLN MINING SUBMITS MINE PLAN OF OPERATIONS
PINE GROVE GOLD PROJECT – NEVADA
May 23, 2018
Vancouver, British Columbia – Lincoln Mining Corporation, TSX -V: LMG (“Lincoln” or “Company”) is
pleased to announce that its U.S. subsidiary, Lincoln Resource Group Corp., has submitted a Mine Plan
of Operations (PoO) to the United States Forest Service, Humboldt -Toiyabe National Forest on May 15,
2018. The PoO was compiled by Welsh Hagen Associates of Reno, Nevada and incorporated data and
information from a number of consulting companies that are working on the project. Submission of the
PoO initiates the National Environmental Policy Act ( NEPA), which requires the compilation of an
Environmental Impact Statement ( EIS), including public comment. The lead agency is the U.S. Forest
Service – Bridgeport Ranger Dist rict in Bridgeport, California. Lincoln is working closely with its prime
environmental contractor, Stantec Consulting Services of Reno, Nevada and the U.S. Forest Service to
advance the permitting process as quickly as possible.
A conceptual mining sched ule is based on an annual production goal of 1.0 million tons of feed to the
crusher. Material will be mined from two open -pit mines on the Wheeler deposit and Wilson deposit.
The Wheeler pit will be mined first and will be backfilled with overburden from the Wilson pit. Contract
mining will be utilized. Material will be crushed to -3/8 inch, agglomerated, and placed on a conventional
leach pad. Pregnant solutions will be collected from the pad and absorbed onto activated carbon in a
series of five columns . The carbon will be stripped off site to recover the gold. High-grade ore will be
stockpiled and processed on site utilizing a 200 tpd mill with gravity recovery. Historic production and
modern drilling support the presence of local high -grade material. M ine life is estimated at 5 years
including 1 year of pre-production. Exploration potential to increase gold resources is excellent. Lincoln
is working with its partner, Goldcliff Resources (US) Inc., a subsidiary of Goldcliff Resources Corporation
to develop the Pine Grove gold project. Lincoln is the operator of the project.
Mr. Paul Saxton, P.Eng., the Company’s President and Chief Executive Officer and a “qualified person”
under National Instrument 43 -101, reviewed and approved the scientific and technical information in
this news release.
Lincoln Mining Corp. is a Canadian precious metals exploration and development company with projects
in various states of exploration an d development that include the Pine Grove gold property in Nevada
and the Oro Cruz gold property in California. In the United States, the Company operates under Lincoln
Gold US Corp. and Lincoln Resource Group Corp., both Nevada corporations. For further information
please contact Investor Relations at 604 -688-7377 or visit the Company’s website at
www.lincolnmining.com.
On behalf of Lincoln Mining Corporation
2
“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 INCLUDES FORWARD -LOOKING STATEMENTS OR INFORMATION. ALL STATEMENTS OTHER THAN
STATEMENTS OF HISTORICAL FACT INCLUDED IN THIS RELEASE, INCLUDING WITHOUT LIMITATION, STATEMENTS REGARDING
THE COMPANY’S PROJECTS (INCLUDING THE SUBMISSION OF THE MINE PLAN OF OPERATIONS FOR THE PINE GROVE GOLD
PROJECT, OR THE EXPECTED APPROVED THEREOF, THE EXPLORATION POTENTIAL OF THE PINE GROVE PROJECT , OR 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 PLANS 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 RISKS DETAILED HERE IN 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.