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Overview
Lincoln Mining Corporation (the “Company”) is a Canadian based exploration and development company trading on the TSX Venture Exchange under the symbol LMG. The Company is exploring and developing gold and silver properties in key mineral regions of Nevada, California and Mexico. All of its projects are situated in districts with significant histories of mineral production and infrastructure. The Company’s immediate goal is to make the transition from exploration to production at its Pine Grove Property in Nevada. Nevada The Company’s primary focus in Nevada is the Pine Grove Property. Inferred resources in the Wheeler and Wilson deposits, based on 194 drill holes, are estimated at 6.06 million tons grading 0.053 opt gold (assays capped at 0.500 opt gold) containing approximately 320,000 ounces gold. The deposit offers potential for open-pit mining and heap-leaching processing. Lincoln is currently conducting additional drilling to reaffirm and upgrade the Inferred resources by twinning past exploration holes that contain significant gold intercepts and to carry out exploration drilling on targets which hold potential for resource expansion. Plans are underway to complete feasibility by 2010, leading towards production by 2011. California The Oro Cruz Project is located in the historic Tumco Mining District of southeastern California, adjacent to the American Girl gold mine (past producer). Lincoln believes the project holds near term potential to be expanded and developed into a producing gold mine through renewed open-pit and underground mining. A NI 43-101 technical report is planned for early 2010. Mexico In Mexico, the La Bufa Property is situated in the district of Guadelupe y Calvo in the northern State of Chihuahua. This project lies within the Sierra Madre Occidental along a trend encompassing numerous gold and silver mines. A geophysics program is currently underway and the Company plans continued exploration in 2010. Senior-level Management While good projects are critical to success, equally important is a management team that can negotiate the risks, difficulties and complexities of mineral exploration and development. Lincoln Mining Corporation has an experienced team which includes senior executives, mining engineers and geologists who have developed major mines and explored some of the world’s most important mineral regions.
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info@lincolnmining.com
©2009 Lincoln Mining Corp |
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