Paul Saxton, President of Lincoln GOLD Mining Inc. to All Shareholders

Suite 400 – 789 West Pender Street

Vancouver, BC, V6C 1H2

Tel: 604-688-7377

Web: www.lincolnmining.com

PAUL SAXTON, PRESIDENT OF LINCOLN GOLD MINING INC. TO ALL SHAREHOLDERS

Vancouver, BC, August 8, 2025 – Lincoln Gold Mining Inc. ( TSX.V: LMG ) (“ Lincoln” or the

“Company”). Paul Saxton, President of Lincoln Gold Mining Inc. states:

“As you are likely aware, Lincoln is holding its annual general meeting next week at 11:00

am PST on Friday, August 15, 2025. Alongside management of the Company, I wanted to

take this opportunity to encourage all shareholders to vote at the meeting to ensure that

your voice is heard.

This is an extremely important meeting for the future of the Company as the existing board

is up against a dissident group seeking control over the Company. Lincoln is at a critical

juncture as it looks to advance its properties into production and management does not

believe that the proposed dissident nominees have the requisite experience and

qualifications to guide the Company through this process.

The dissident group has made a concerted effort to contact shareholders and advance

unfounded remarks about the Company’s present management and directors. Management

understands that the dissident group continues to contact shareholders in an effort to solicit

proxies and in doing so, relies on these unfounded criticisms while offering no substantive

plans to advance the Company’s assets into production. Management’s belief is that the

dissidents have decided to focus their efforts on criticizing the existing leadership team

rather than detailing their plans for the simple reason that they lack a coherent and

achievable plan for advancement. We would encourage any shareholder who is solicited by

the dissident group to seek details on how exactly they intend to advance the Company’s

properties into production.

Our present board of directors is made up of mining professionals and financial experts with

decades of experience who are known and well respected in the mining industry across

western North America and internationally. The existing leadership team has an exciting

plan for gold production in Nevada in the near term and was in the process of securing

financing for a build out of the initial operations when the dissidents began their

interference.

I encourage you to visit the Company’s website and read about our plans for Lincoln; I am

confident you will like what we have to say.

Management encourages All Shareholders to vote - your Company’s future is at stake. You

should have received a form of management proxy in the mail by now but if you have not

please contact me directly and I will ensure you receive your proxy.”

AT LINCOLN WE WORK FOR THE SUCCESS OF ALL OUR SHAREHOLDERS!

Respectfully Yours,

Paul Saxton

President & CEO

Lincoln Gold Mining Inc.

Phone 604 688 7377 or Direct 604 961 5252 Email: [email protected]