August 9, 2005
Lincoln Gold Identifies Mercury Soil Gas Anomaly on its JDS Property within the Cortez Trend, Nevada
Carson City, Nevada – August 4, 2005 - LINCOLN GOLD CORP (OTCBB: LGCP) is pleased to announce that it has identified a significant mercury soil gas anomaly on its JDS gold property located within the Cortez Trend, Nevada. Mercury soil gas is known to accumulate over some concealed Carlin-type gold deposits. The Company's survey consisted of 240 samples taken on eight lines with 50-meter sample stations. Lincoln Gold's 100% owned JDS property is located approximately 18 miles southeast of the Cortez Hills and Cortez Pediment gold discoveries (9 MM ounces gold) which are Carlin-type deposits and are owned by Placer Dome/Kennecott.
The JDS property, which adjoins Placer Dome's claims that are located to the west and north, consist of 77 claims of pediment gravels covering "lower plate" carbonate rocks that are favorable hosts for Carlin-type gold deposits. Coincident with the mercury soil gas anomaly are a "gravity high" and an aeromagnetic anomaly. The "gravity high" indicates shallow bedrock and the aeromagnetic data suggest intrusive rocks associated with the "lower plate" carbonate rocks. Collectively, these data could indicate a blind Carlin-type gold target on the JDS property, similar to those found in the Cortez area.
Lincoln Gold intends to drill test the target or joint venture the property to a suitable operator who is active within the Cortez Trend.
Lincoln Gold Corp. is a US based gold-silver exploration company located in Nevada with several projects in various stages of exploration. Lincoln Gold presently owns, or has options to acquire a 100% interest in five projects in Nevada, all with potential for discovery of large gold-silver deposits, including: Buffalo Valley, JDS, Jenny Hill, Hannah, and Lincoln Flat.
LINCOLN GOLD CORP.
"Jeff Wilson"
Jeff Wilson
Vice President and COO
For more information contact:
Investor Relations: 800-689-1659 or [email protected]
www.lincolngold.com
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