Expansion & Confirmation Of Gold Mineralization At Pine Grove

VANCOUVER - Lincoln Gold Mining Inc. reported on the final logging and assay summary of the Wilson deposit NQ drill program that was completed at the Pine Grove Gold Project. The program was designed to verify accuracy of previous drill results and enhance the resource category, and to target potential expansion of known gold mineralization within the Wilson Pit area.  

Five NQ core holes were completed at the Wilson deposit. Three sites were selected to twin previous recirculation core (“RC”) holes to compare geology and assay results. In addition, two sites were selected as step out holes to test potential for further gold mineralization.

Results of Step Out NQ Core Hole Drilling: Two NQ holes, WL-118NQ and WL-119NQ, successfully verified potential expansion of the Wilson deposit.  The depths of the mineralization and the gold values encountered fit well within the blocks as predicted by the grade model. The gold mineralization occurs within the granodiorite host near contacts with feldspar porphyry and dacite dikes, which is consistent with the geologic model.

WL-118NQ Step Out Hole: Core hole approx..100 ft from Lincoln RC hole. WL-85 encountered three gold mineralization intercepts. WL-119NQ Step Out Hole: Core hole approx..160 ft from Tech RC hole. WL-39 encountered four gold mineralization intercepts.

Three NQ core holes were drilled and demonstrated comparable assay and geological results to the prior RC drill holes which encountered gold mineralization within the same mineralized zone as the twinned NQ core holes and in some cases the NQ drilling encountered additional mineralization. The twinned NQ core hole drilling confirms that the geologic model based nearly entirely on reverse circulation drilling at the Wilson and is a good representation of the deposit geology. The results of the comparisons show that coherent zones of mineralization are present in both RC and NQ core hole drilled at the Wheeler and Wilson deposits.

WL-120NQ Twinning Results - Core hole & twin of Teck RC hole WL-29 encountered five gold mineralization intercepts. WL-121NQ Twinning Results - Core hole & twin of Lincoln RC hole WL-102 encountered six gold mineralization intercepts.

WL-122NQTwinning Results - Core hole & twin of Teck RC hold WL-40 encountered four gold mineralization intercepts.