LINCOLN GOLD CORP. is pleased to announce that it has been informed by its joint venture partner, Kinross Gold Corporation, that it will commence drilling various gold targets on the Jenny Hill property in January, 2007. Jenny Hill is comprised of a large claim block located in the Black Hills directly between the past producing gold mines of Paradise Peak and Denton Rawhide. Twenty drill sites have been permitted with the BLM. Drilling will test multiple types of targets to include disseminated gold mineralization (Carlin-type) hosted in the Triassic Luning Formation, gold skarn, and possible gold-bearing stockworks.
Lincoln Gold Corp. is a US-based gold exploration company located in Nevada with several projects in various stages of exploration to include three properties in Nevada and one property in Mexico.
LINCOLN GOLD CORP.
Jeffrey Wilson, Vice President and COO
This Press Release may contain, in addition, to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on management’s expectations and beliefs, and involve risks and uncertainties. This news release may contain information about adjacent properties on which we have no right to explore or mine. These statements may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. Key factors that could cause actual results to differ materially from those described in forward-looking statements are:
(i) the inability of the Company to complete the acquisition of any interest in any new mineral exploration properties;
(ii) the inability of the Company to achieve the financing required to pursue the acquisition of exploration of any new mineral properties;
(iii) the inability of the Company to complete the acquisition of Lincoln Gold;
(iv) the inability of the Company to raise the financing necessary to conduct exploration of the Lincoln Gold properties; and
(v) the presence of commercial mineralization on the Lincoln Gold properties.
Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release.
Lincoln Gold Corp.
Source: Lincoln Gold Corp.