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Project Overview

Bell Mountain Factsheet

Project Factsheet

On January 6, 2025, Lincoln Gold Mining Inc. and its wholly owned subsidiary, Lincoln Resource Group Corp. (together “Lincoln”) completed the acquisition of the Bell Mountain project from Eros Resources Corp. and its wholly owned subsidiary Bell Mountain Exploration Corp., (together “Eros”), to acquire all right, title and interest in the Bell Mountain Project located in the Fairview Mining District, Churchill County, Nevada.

Lincoln completed all regulatory requirements for the acquisition, which included completing an updated Preliminary Economic Assessment (“PEA”) for the project and submitting a financial plan for the first phase of the project’s development.

Under the terms of the purchase agreement dated November 9, 2023, Lincoln issued to Eros 3,000,000 common shares in the capital of the Company on closing of the transaction and going forward will issue an additional 1,500,000 shares within five (5) business days of the date on which Lincoln completes any future issuance of shares, the result of which there are at least 28,500,000 shares issued and outstanding. As a result of the acquisition, Eros is now an insider of the Company.

Bell Mountain Facts
Bell Mountain Facts
Location 54 miles southeast of Fallon Nevada, Fairview Mining District
Commodities Gold and silver
Land 1,463 hectares (3,616 acres)
Infrastructure Located in a pro-mining district, good access to roads, and is topographically suitable for building heap leach pads and support facilities
Ownership` 100% interest in the property
Deposits Comprised of four gold-silver deposits, the Spurr, Varga, Sphinx and East Ridge deposits.
Epithermal calcite/quartz veins in Tertiary tuffs with subaerial volcanic centers such as the Fairview Peak caldera
Status Fully permitted advanced-stage w/ near term production
Drilling 297 drill holes completed consisting of 62,303 feet of drilling by 9 different operators over a period of 29 years
Preliminary Economic Assessment (PEA) Updated PEA prepared by Welsh Hagen Associates of Reno, Nevada, filed on January 6, 2025
Plan Project is for open pit mine w/ heap leach processing
Exploration Potential Exploration potential exists beyond current resources in several directions, especially along the ridges that support the four deposit areas.