Projects

Projects

OVERVIEW

Lincoln Mining Corporation (Lincoln or the Company) is exploring and developing precious metals properties in key mineral regions of North America. The Company holds interests in two gold projects in the United States that are located in districts that have significant histories of mineral production and excellent infrastructure; these are the Pine Grove gold property in Nevada and the Oro Cruz gold property in California.

NEVADA

Pine Grove Property - One of the Company's immediate objectives is to achieve gold production at the development-stage Pine Grove gold project in Lyon County, Nevada. On February 16, 2015, Lincoln filed an Amended and Restated NI 43-101 Preliminary Economic Assessment for the Pine Grove Project. The report is available for viewing in the Technical Report section.

Permitting, biological survey and geotechnical work and drilling has been delayed since Winter 2014. The survey work is important as the results will provide baseline biological data required to advance the Pine Grove property. However, due to the difficult market condition and lack of funding, Lincoln was not able to advance the property or make yearly rental payments under certain lease agreements.

On June 7, 2016, Lincoln announced that Goldcliff Resources (US) Inc. has acquired the Wilson lease, from Lyon Grove LLP of Reno, Nevada. The lease hosts the Wilson deposit and is made up of eight patented claims, located on the north side of Pine Grove Canyon. The Wilson deposit is approximately 3,500 ft from the Wheeler deposit on the south side of Pine Grove Canyon, which is held by Lincoln. Goldcliff will make an upfront payment to Lyon Grove and will assume the yearly payments under the lease. Lincoln was not able to make the yearly payments to Lyon Grove on the property. Lincoln retains its interest in the remaining claims including the four Wheeler patented mining claims, and 243 unpatented mining claims that surround the Wilson patented claims. It is the intent of both Lincoln and Goldcliff to work together to develop the Pine Grove project and the companies are now in discussions about jointly advancing the project. Please refer to the Pine Grove project section for more details on this project.

CALIFORNIA

Oro Cruz Property - The Oro Cruz project in Imperial County, California, was leased in February 2010 from ADGIS, Inc. to acquire a core of 20 lode claims that cover the Oro Cruz gold deposit. Subsequently, the Company staked additional claims and the Oro Cruz project now consists of 151 lode claims covering approximately 3,000 acres. On September 21, 2010, Lincoln Mining filed a NI 43-101 Technical Report prepared by Tetra Tech in Denver, Colorado. The report envisions open-pit mining and heap leach processing. Please refer to the Oro Cruz project section for more details and for the full Technical Report.

Lincoln remains committed to the exploration and development of its projects in the United States. For more detailed information on each of the Company's projects, please go to the Projects section of this website.

TECHNICAL DISCLOSURE

Mr. Jeffrey L. Wilson, EVP & Vice President Exploration and Mr. Micheal Attaway, COO and Vice President Operations, supervise the Company's exploration programs and operations in the United States and are also the Company's "Qualified Person" for the purpose of NI 43-101 "Standards of Disclosure for Mineral Projects". Mr. Wilson and Mr. Attaway have reviewed and are responsible for the technical disclosure contained in this section of the Company's website.