Lincoln Gold Mining announces that, further to the Company's press release on Jan 11, 2023, it is proceeding with a consolidation of its issued and outstanding share capital on the basis of one post-consolidated common share for every ten pre-consolidated common shares. No fractional shares will be issued as any fractional share will be rounded to the nearest whole number. The new CUSIP number will be 53359R205 and the [...]
Lincoln Gold Mining announces that it is proceeding with a consolidation of its issued and outstanding share capital on the basis of one post-consolidated common share for every ten pre-consolidated common shares. No fractional shares will be issued as any fractional share will be rounded to the nearest whole number. The Consolidation is subject to final confirmation by the TSXV. The effective date of the Consolidation [...]
Lincoln Gold Mining reports that the Information Circular and all proxy-related materials have been sent to all registered shareholders entitled to vote at the Annual General Meeting to be held at 11:00 am Pacific Daylight Time on Friday, October 28, 2022. As permitted by the Company's Articles, and in accordance with the recommendations of public health officials, the Company will not hold a physical meeting, but will [...]
Lincoln Gold Mining is pleased to announce a non-brokered private placement offering of up to 5,000,000 units of the Company at a price of $0.08 per Unit to raise gross proceeds of up to $400,000. Net proceeds from the Unit Private Placement will be primarily used towards the mine operations permitting process and the pre-feasibility study for the Company's Pine Grove Gold Project in Nevada, and for general working [...]
Lincoln Gold Mining announces that, subject to the approval of the TSXV, Lincoln intends to proceed with a repricing and extension of certain outstanding common share purchase warrants of the Company. Warrant Repricing and Extension The Company intends to reprice an aggregate of 10,881,038 Warrants and extend the expiry date of an aggregate of 4,512,372 Warrants as follows: Number of Warrants Outstanding Issue Date [...]
Lincoln Gold Mining is pleased to announce that it continues to advance its permitting approvals needed to take the projected low-cost Pine Grove Gold property to production. Further to the Company's news release of December 23, 2021, the fieldwork report on Cultural Resource Studies will be completed in March 2022. Concurrently, Lincoln submitted its geotechnical work program to the U.S. Forest Service and approval for [...]
Lincoln Gold Mining announces with great sadness the sudden passing of Mr. Shing Lee, a director of Lincoln since 2019. In addition to his tenure with the Company, Mr. Lee was a prominent businessman in Hong Kong and Chief Executive Officer of Wuling Motors Holdings. His commitment, guidance and support will be greatly missed. Paul Saxton, Chief Executive Officer of the Company commented: "We are deeply saddened by the [...]
Lincoln Gold Mining provides an update on activities and reports on the permitting progress at the Pine Grove Gold Project. Environmental Permit Studies and Application: Lincoln has acquired an insurance provider to manage the surety bond process that is required for reclamation disturbance on U.S. Forest Service Lands. The initial bond will be associated with drilling water wells, waste rock and process areas [...]
Lincoln Gold Mining Inc. reports that the core drill program at the Pine Grove property, announced on November 2, 2021, is in progress. With all drill pads having been constructed, a minimum of 2,400 feet of core drilling has been planned for the Wilson deposit area. The third drill hole has been completed at 325 feet with the remaining holes to be drilled over the next few weeks. Bonding is also being put in place, as [...]
Lincoln Gold Mining Inc. reports that it has started preparing drill sites for its core drill program at its Pine Grove property, near Yerington, Nevada. The Company has hired a contractor from Yerington to construct the drill pads and KB Drilling of Moundhouse, Nevada has been contracted to do the drilling. A minimum of 2,400 feet of core drilling has been planned. The core drilling is being carried out in the Wilson [...]
Lincoln Gold Mining Inc. reports that it is in the final stages of completing baseline work for the Environmental Impact Statement at the Pine Grove Gold Project for the U.S. Forest Service . The two remaining permitting milestones to be completed are the Cultural Resources Study and the development of the water source for the proposed gold mine. Lincoln has hired Kautz Environmental Consultants, Inc. of Reno, Nevada and [...]
Lincoln Gold Mining Inc. announces that it has staked an additional 61 claims to the south and south-west of the Shawinigan property in Quebec that it has recently optioned from Fayz and Ramy Yacoub. The expanded property now consists of 82 contiguous mineral claims covering a total area of 48.4 square kilometers . No part of the property that has been staked is located in an area restricted to exploration. Initial [...]