Lincoln Mining advances Pine Grove gold property, Nevada



    VANCOUVER, Aug. 26 /CNW/ - Lincoln Mining Corporation, TSX-V: LMG
("Lincoln Mining" or the "Company") is pleased to announce that it is in the
process of advancing the Pine Grove gold property in Lyon County, Nevada.
Lincoln has contracted Dudley Thompson Mapping Corporation Inc., of Surrey,
BC, for new photogrammetry suitable for mine-site engineering. Ground survey
control and aerial photography are planned for September. JBR Environmental
Consultants in Reno, Nevada has been contracted to handle all stages of
permitting. JBR's work has commenced and will include vegetation and wildlife
surveys, soils assessment, cultural surveys, hydrological surveys and drill
permitting with both the State of Nevada and the U.S. Forest Service.
Metallurgical tests on large-diameter core are planned through McClelland
Laboratories in Reno, Nevada. Lincoln is presently seeking a contractor to
compile a scoping study.
    Combined Inferred resources in the Wheeler and Wilson deposits based upon
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-leach
processing. Lincoln plans to conduct 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.
    Mr. Jeff Wilson, Vice President Exploration, from Carson City, Nevada, is
supervising the company's programs at the Pine Grove Property and is the
"Qualified Person" for the purpose of NI 43-101, "Standards of Disclosure for
Mineral Projects" and is responsible for the technical disclosure contained in
this news release.

    Lincoln Mining Corporation is a Canadian-based mineral exploration and
development company with several projects in various stages of exploration,
which include the Pine Grove and Hannah gold properties in Nevada and the La
Bufa gold-silver property in southwestern Chihuahua, Mexico.

    
    On behalf of Lincoln Mining Corporation

    "Paul Saxton"

    Paul Saxton, President & CEO

    THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY
    OR ACCURANCY OF THIS PRESS RELEASE.
    

    THIS PRESS RELEASE INCLUDES FORWARD-LOOKING STATEMENTS OR INFORMATION.
ALL STATEMENTS OTHER THAN STATEMENTS OF HISTORICAL FACT INCLUDED IN THIS
RELEASE, INCLUDING WITHOUT LIMITATION, STATEMENTS REGARDING FUTURE PLANS AND
OBJECTIVES OF LINCOLN MINING ARE FORWARD-LOOKING STATEMENTS THAT INVOLVE
VARIOUS RISKS AND UNCERTAINTIES. THERE CAN BE NO ASSURANCE THAT SUCH
STATEMENTS WILL PROVE TO BE ACCURATE AND ACTUAL RESULTS AND FUTURE EVENTS
COULD DIFFER MATERIALLY FROM THOSE ANTICIPATED IN SUCH STATEMENTS. IMPORTANT
FACTORS THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE
COMPANIES' PLANS OR EXPECTIONS INCLUDE AVAILABILITY OF CAPITAL AND FINANCING,
GENERAL ECONOMIC, MARKET OR BUSINESS CONDITIONS, REGULATORY CHANGES, TIMELINES
OF GOVERNMENT OR REGULATORY APPROVLALS AND OTHER RISKS DETAILED HEREIN AND
FROM TIME TO TIME IN THE FILINGS MADE BY THE COMPANY. THE COMPANY EXPRESSLY
DISCLAIMS ANY INTENTION OR OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING
STATEMENTS WHETHER AS A RESULT OF ANY NEW INFORMATION, FUTURE EVENTS OR
OTHERWISE REQUIRED BY APPLILCABLE SECURITIES LEGISLATION.





For further information:

For further information: Investor Relations at (604) 688-7377 or visit
the Company's website at www.lincolnmining.com

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LINCOLN MINING CORPORATION

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