September 13, 2006
CORPORATE UPDATE
Carson City, Nevada - September 13, 2006 - LINCOLN GOLD CORP. (OTCBB: LGCP)
Lincoln Gold Begins Soll Sampling Program Guadlupe Y Calvo District, Mexico
LINCOLN GOLD CORPORATION (OTCBB:LGCP) is pleased to announce that it has commenced a soil sampling program on its La Bufa property (2,291 hectares) in the Guadalupe y Calvo mining district, Chihuahua, Mexico. The soil survey will cover 1600 meters of strike length along the southern extension of the El Rosario gold-silver vein system. This system is comprised of multiple veins within a zone that is approximately 70 meters wide. Sampling will be conducted on 33 lines on 50-meter spacing with 25-meters sample stations. Soil samples will be assayed for gold, silver, and a multi-element package. These sample results, along with geologic mapping, will help identify future drill targets.
Gold was discovered at Guadalupe y Calvo in 1835 and subsequent production was sufficiently large that a mint was built in 1844. In 1981, a renowned geologist by the name of Buchanan estimated historic production at 2 million ounces of gold and 28 million ounces of silver at average grades of 37 g/t gold and 870 g/t silver. Recent work on the property by a third party has shown that major vein structures have been traced from the Guadalupe camp over a 1.4 kilometer distance onto the Bufa property.
In 2004 it was reported by Caelles and King, qualified persons under the meaning of National Instrument 43-101, that the vein system consists of a series of NW-SE striking, banded and brecciated, low sulphidation epithermal quartz veins that vary in strike length from 200 to 700 meters with an aggregate length for all veins mapped of 3.9 kilometers. Widths vary from 1 to 7.8 meters in true thickness. Over the last two years 47 chip samples have been collected from 33 locations on the surface along this section of the vein system. At 30 of these locations, sample results ranged from 0.1 to 13.95 g/t gold over widths of 0.3 to 5.8 meters.
Lincoln Gold Corporation is a US-based gold-silver exploration company located in Carson City, Nevada with projects in various stages of exploration in Nevada and 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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