News Release Archive

Vancouver, British Columbia – Lincoln Mining Corporation, TSX-V: LMG (“Lincoln” or the “Company”) is pleased announce the following drill results on the Pine Grove gold property, Lyon County, Nevada.

Pine Grove Property

The Pine Grove is Lincoln’s flagship property. Production is planned for late 2011 as an open pit heap/leach operation.  Lincoln has received the second set of assays from the 63 confirmation drill hole program required for a new resource calculation which is designed to potentially upgrade the category of the resources on the property.  This is all part of the scoping and feasibility studies presently underway. The drilling was carried out on the two patented claim areas, the Wilson and the Wheeler which form part of the property.  The holes reported here are primarily from the Wheeler claims.    

No ‘new area’ exploration drilling was included in this program which is designed solely to reaffirm and potentially upgrade the gold resources identified by a 160 hole program conducted by Teck Resources Ltd. in the early 1990’s. The historical resources calculated from this earlier drilling are designated as “inferred” because the work was carried out prior to Canadian exchange NI 43-101 reporting requirements (see technical report prepared by Minefill Services, Inc., dated September 30, 2008, on the Company’s website). The new intersections will be included with the previous drilling by Teck to produce an updated resource calculation.  A total of 16,341 feet of drilling was completed during this program, 11,061 ft on the Wilson and 5,280 ft on the Wheeler. There have been a number of high grade intercepts and these will be taken into consideration in the upcoming exploration program that is intended to expand the resource and also aid in the design of the plant.

Additional exploration drilling programs, designed to increase the size of the resource base, are planned for later in the year. These programs will test numerous prospective areas on the Pine Grove property. Permitting for these programs is in progress under the jurisdiction of the U.S. Forest Service. 

Intersections of Significance
Because of the number of intersections in the drilling we have listed only those over 5 feet or greater and 0.7 grams per tonne or greater. The full range of drill results will be posted on the Company’s website at www.lincolnmining.com. The following drill holes are from the Wheeler and Wilson properties and holes are vertical unless otherwise noted and the intercepts are not necessarily true thicknesses.

Mr. Jeffrey L. Wilson, the Company’s Vice President Exploration and a Qualified Person under Canadian National Instrument 43-101, supervised the preparation of this news release. Diversified Drilling LLC was Lincoln’s drilling contractor and drill hole assays were completed by ALS Chemex in Reno, Nevada. The qualified person has not done sufficient work to classify the historical estimate as current mineral resources, the issuer is not treating the historical estimate as current mineral resources and the historical estimate should not be relied upon.

Lincoln Mining Corp. is a Canadian precious metals exploration and development company with several projects in various stages of exploration and development which include the Pine Grove gold property, the Oro Cruz gold property in California and the La Bufa gold-silver property in Mexico. In the United States, the Company operates under Lincoln Gold US Corp., a Nevada corporation and in Mexico under Minera Lincoln de Mexico S.A. de C.V.

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  

 “Paul Saxton”  

Paul Saxton, President & CEO  

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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 FUTURE PLANS AND OBJECTIVES OF LINCOLN MINING 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 COMPANIES’ PLANS OR EXPECTATIONS INCLUDE AVAILABILITY OF CAPITAL AND FINANCING, GENERAL ECONOMIC, MARKET OR BUSINESS CONDITIONS, REGULATORY CHANGES, TIMELINES OF GOVERNMENT OR REGULATORY APPROVALS AND OTHER RISKS 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.