May 3, 2006
CORPORATE UPDATE
Carson City, Nevada - May 3, 2006 - LINCOLN GOLD CORP. (OTCBB: LGCP)
AGNICO EAGLE COMMENCES DRILL PROGRAM AT COMPANY'S BUFFALO VALLEY PROJECT IN NEVADA
LINCOLN GOLD CORPORATION (OTCBB:LGCP) is pleased to announce that it has been informed by its joint venture partner, Agnico Eagle (USA) Ltd, that it is commencing a drill program on the Buffalo Valley property in the northern portion of the Battle Mountain-Eureka Trend in Nevada. The large exploration property consists of 7� alternating sections (square miles) and is in the vicinity of numerous gold mines and deposits controlled by Newmont, Barrick , Glamis, and Metallic Ventures. A 6,000 foot reverse circulation drilling program is planned to test for distal disseminated/structurally controlled (Carlin-type) gold mineralization within the Star Peak Group and/or Havallah Formation along the Buffalo Valley Axis Fault. This fault is a large, through-going structure that is related to mineralization in the area. Drilling will also test for Antler-hosted and/or Havallah-hosted gold-silver skarn mineralization. A total of eight holes are planned with six holes testing the Buffalo Valley axis fault and two holes testing for skarn mineralization in the northwest portion of the property.
Lincoln Gold Corp. is a US based gold-silver exploration company located in Nevada with five projects in various stages of exploration. Lincoln Gold presently owns, or has options to acquire 100% interest in four projects in Nevada all with potential for discovery of large gold-silver deposits including Buffalo Valley, JDS, Jenny Hill and Hannah. The Company has also optioned the La Bufa property in Chihuahua State in Mexico from Almaden Minerals Ltd of Vancouver, Canada.
LINCOLN GOLD CORP.
"Jeffrey L. Wilson"
Vice President of Exploration and COO
For more information contact:
Investor Relations: 800-689-1659 or [email protected]
www.lincolngold.com
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