VANCOUVER, Dec. 1 /CNW/ - Lincoln Mining Corporation, TSX-V: LMG ("Lincoln" or the "Company") is pleased to announce that it has initiated a four hole core drilling program at its Pine Grove Property located in Lyon County Nevada, approximately 20 miles south of Yerington. Two core holes will be drilled on each of the Wheeler and Wilson deposits which constitute the main resource areas at this time.
KB Drilling Company Inc. of Sparks, Nevada has been contracted to complete approximately 700 feet of large-diameter PQ core drilling. The core will be sent to McClelland Laboratories Inc. in Sparks, Nevada where column leach test work will be carried out over the next few months. This metallurgical test work is intended to complement and add to previous column leach studies conducted earlier this year. The previous column leach tests were conducted on 3/8-inch crushed material and produced gold recoveries up to 85.0% and 87.5% (as previously disclosed October 14, 2010).
In addition to the planned column leach tests, Lincoln is presently conducting 39 bottle roll leach tests on 10-ft drill hole composites comprised of 10-mesh sample rejects from reverse circulation drilling. The samples are from the Wilson and Wheeler deposits. Jointly, the column leach tests and bottle roll tests should provide sufficient metallurgical data for engineering and economic analyses.
All test results will be used by Kappes, Cassidy & Associates (Reno, NV) in the design of the process flow sheet and plant. A Preliminary Economic Assessment is underway at this time by Tetra Tech of Golden, CO.
Lincoln's Qualified Person (under National Instrument 43-101) on the project is Micheal Attaway, P.E., the Company's Chief Operating Officer who has reviewed and approved the disclosure of the scientific and technical information contained in the news release.
Lincoln Mining Corp. is a Canadian precious metals exploration and development company with several projects in various stages of exploration and development which include the Pine Grove gold property, the Oro Cruz gold property in California and the La Bufa gold-silver property in Mexico. In the United States, the Company operates under Lincoln Gold US Corp., a Nevada corporation.
On behalf of Lincoln Mining Corporation
Paul Saxton, President & CEO
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please contact Investor Relations at 604-688-7377 or visit the Company's website at www.lincolnmining.com