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Lincoln Gold’s first step in the plans for production is to begin construction of the Bell Mountain Mine operation, with a goal to be in production by the end of 2025. Bell Mountain is fully permitted, and the design of the operation is already complete. The project’s capital cost is low and the return on investment is estimated to be over 50%. As there is excellent potential to increase resources at Bell Mountain, exploration surrounding the four current deposit areas will proceed around the same time.
At the Pine Grove project, permitting will continue and is expected to be completed within 18 to 24 months. In 2025, work will include final EIS permitting, updating the Plan of Operations, submitting state permit applications, and completing a financial plan for the project for the construction of the mine.
As the Company advances it will be on the lookout for other mining opportunities in North America, with a focus on Nevada in the United States.