Lincoln Gold Corporation engages in the acquisition, exploration, and development of mineral properties in the State of Nevada and Mexico. The company operates as a subsidiary of Lincoln Mining Corp. Pine Grove, Nevada, USA Wheeler Patent and Wheeler Millsite Patent Claims: The Pine Grove project is located in Lyon County, Nevada. The company has an agreement with the Wheeler Mining Company (Wheeler) to lease Wheeler’s 100% owned Wheeler and Wheeler patent claims in Lyon County, Nevada. Harvest Lode Claim, Winter Harvest Lode Claim and Harvest Fraction Lode Claim: Pursuant to an agreement, the company purchased from Harold Votipka (Votipka) the Harvest lode claim, the Winter Harvest lode claim, and the Harvest fraction lode claim, each located within the Pine Grove Mining District in Lyon County, Nevada. Wilson Mining Claim Group: The company has an agreement with Lyon Grove LLC, (Lyon Grove) to lease the Wilson Mining Claim Group located in Lyon County, Nevada. Additional Staked Claims: The company staked 189 claims and the total area covered is 6 square miles. La Bufa, Mexico The La Bufa exploration concession is located in the southwest extremity of the state of Chihuahua, Mexico. The La Bufa project consists of 3 contiguous mineral concessions totaling approximately 2,291.26 hectares. It holds its interest in the La Bufa Project through its joint venture agreements with Almaden Minerals (Almaden). The JDS Property, Nevada, USA The company owns 77 unpatented lode claims consisting of the JDS project, which covers approximately 1,540 acres (2.04 square kilo miles). In August 2008 the company entered into an agreement with Carlin Gold US Inc. (Carlin) whereby the property was sold to Carlin in return for a 2% net smelter royalty. The Hannah Property, Nevada, USA The Hannah Property is located approximately 55 miles east of Reno, Nevada in the southern portion of the Trinity Range north of Interstate 80 in Churchill County. The company has an option to acquire a 100% interest in the claims comprising the Hannah project. It has the option to acquire a 100% interest in the Hannah property. In February 2009, the company entered into an option agreement with Enexco International Inc. (Enexco), whereby Enexco can earn a 60% interest in the Hannah property. Significant Events In September 2009, Lincoln Mining Corporation announced that it has staked an additional 29 lode claims at its Pine Grove gold property in Lyon County, Nevada. The property consists of a total of 221 claims or nearly 7 square miles controlled by Lincoln Mining in the historic gold district. In October 2009, the company has completed the acquisition of the 'El Chapito' mineral concession consisting of 20 hectares in Chihuahua, Mexico. The company’s La Bufa concession surrounds the El Chapito claim. In November 2009, Lincoln Mining Corporation has reached a contract with Almaden Minerals Incorporated (Almaden Minerals). The contract has been signed to acquire 100% of the La Bufa gold and silver property in Chihuahua, Mexico, subject to stock exchange approval. The new agreement would take over the joint venture agreement already in place that allowed Lincoln to earn a 60% interest in La Bufa. History Lincoln Gold Corporation was incorporated in 2003.
lincoln mining corp/canada (LMG:Venture)
885 Dunsmuir Street
Vancouver, BC V6C 1N5
|No competitor information is available for LMG.|
|View Industry Companies|
|Price/Cash Flow||--||Not Meaningful|
Sponsored Financial Commentaries
To contact LINCOLN MINING CORP/CANADA, please visit www.lincolnmining.com. Company data is provided by Capital IQ. Please use this form to report any data issues.