Lincoln Gold Initiates Core Sample Analysis at Pine Grove Gold Project Seite 1

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED

VANCOUVER, BC / ACCESSWIRE / August 13, 2024 / Lincoln Gold Mining Inc. (TSXV:LMG) (“Lincoln Gold” or the
“Company“) is pleased to announce the commencement of core sample analysis from its 2021 drilling program on the Wilson deposit, at the Pine Grove Project in Lyon County, Nevada.
This analysis represents an important step in Lincoln Gold’s strategy to expand resources and evaluate the potential for further development at the property.

The Pine Grove Project has already undergone extensive exploration, featuring 275 drill holes and a comprehensive NI 43-101 report filed on SEDAR on February 16, 2015, and available on the
Company’s website. The project is nearing the final stages of permitting, with full approval anticipated within the next 12 to 16 months. Currently, Pine Grove boasts measured and indicated
resources equivalent to 210,962 ounces of gold, with one of Nevada’s highest reserve gold grades at 1.23 g/t. Approximately 25% of the property has been explored, leaving significant potential for
resource expansion.