May 11, 2006
CORPORATE UPDATE
Carson City, Nevada - May 11, 2006 - LINCOLN GOLD CORP. (OTCBB: LGCP)
Agnico-Eagle Completes First Phase of Drilling on Lincoln Gold's Buffalo Valley Property, Nevada
LINCOLN GOLD CORPORATION (OTCBB:LGCP) is pleased to announce that Agnico-Eagle (USA) Ltd. has completed Phase 1 drilling on its 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.
| Phase 1 drilling consists of five reverse-circulation drill holes: | ||
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| Hole Number | Hole Angle | Hole Depth |
| Hole BV-06-01 | Vertical | 1030 ft |
| Hole BV-06-02 | Vertical | 980 ft |
| Hole BV-06-03 | Vertical | 1040 ft |
| Hole BV-06-04 | Vertical | 1000 ft |
| Hole BV-06-05 | -60� | 800 ft |
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| Total Footage: | 4850 ft | |
Drilling is designed to test for disseminated/structurally controlled Carlin-type gold mineralization and possible gold skarn mineralization. All assays are pending.
Lincoln Gold Corporation is a US-based gold-silver exploration company located in Carson City, 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 taken down an option on the La Bufa gold-silver property in the Guadalupe y Calvo district in Chihuahua State, Mexico.
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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