Lincoln Gold Mining Inc · TSXV:LMG
Lincoln Gold Mining — Investor Presentation (February 2022)
24 slides from Lincoln Gold Mining's investor presentation, February 2022
Slide 1: Permitting Pine Grove for Production
TSX.V: LMG P E R M I T T I N G P I N E G ROV E F O R P RO D U C T I O N February 2022
Slide 2: Cautionary Statement
TSX.V: LMG Cautionary Statement Certain statements contained herein regarding the Company and its operations constitute “forward-looking statements” or information. All statements other than statements of historical fact included in this presentation, including, without limitation, statements regard
Slide 3: Management Team
TSX.V: LMG Management Team Canada Paul Saxton, P. Eng, MBA – President and CEO Paul Saxton is the President, CEO and Director; a mining engineer with over 45 years of mining industry experience holding various positions including mining engineer, mine superintendent, President and CEO of numerous Ca
Slide 4: Corporate Objectives
TSX.V: LMG Corporate Objectives • Achieve gold production at Lincoln’s 100% owned Pine Grove Gold project in Nevada. • Production goal of 30,000 - 40,000 ozs gold per year over mine life of 5-6 years. • Grow the Company using cash flow from production. • Continue evaluating exploration projects that
Slide 5: Pine Grove - Nevada
TSX.V: LMG Pine Grove - Nevada Acquire | Explore | Develop w w w. l i n c o l n m i n i n g . c o m
Slide 6: Pine Grove - Nevada
TSX.V: LMG Pine Grove - Nevada In the permitting process looking toward pre- construction, construction and gold production. Historic Production Discovered in 1866; produced 240,000 ozs gold until 1887. Mined high-grade with average ≥ 1 opt gold only to 160 ft – 180 ft. Modern Exploration 1990’s – T
Slide 7: Pine Grove Resource Estimate
TSX.V: LMG Pine Grove Resource Estimate Geology & Mineralization: Total Optimized Open Pit Wheeler and Wilson Cut-off Metric Imperial Host Rocks: Jurassic Granodiorite, 176 g/t opt tonnes g/t Tons opt ounces million years old. Leach Pad Indicated 0.24 0.007 5,038,448 0.93 5,563,937 0.03 149,956 Low‐
Slide 8: Pine Grove Gold - Nevada
TSX.V: LMG Pine Grove Gold - Nevada Open Open Acquire | Explore | Develop w w w. l i n c o l n m i n i n g . c o m
Slide 9: Exploration Potential
TSX.V: LMG Exploration Potential Exploration Target Areas Step Out Expansion Areas Section Acquire | Explore | Develop w w w. l i n c o l n m i n i n g . c o m
Slide 10: Pine Grove 2021 Drilling
TSX.V: LMG Pine Grove 2021 Drilling Drilling Activities: Complete Wilson Core Drilling Program & Field Work – • Five core holes were completed at Wilson Deposit. This will add information related to rock structure, lithographic details and will be helpful in determining alteration and structural c
Slide 11: Pine Grove 2021 Drilling
TSX.V: LMG Pine Grove 2021 Drilling Drilling on Wilson Deposit with a view of the Wheeler Deposit in the background. Acquire | Explore | Develop w w w. l i n c o l n m i n i n g . c o m
Slide 12: Pine Grove 2021 Drilling
TSX.V: LMG Pine Grove 2021 Drilling Wilson Drilling – Field geologist examining core and drill rig technician at work. Weather Station – Rock Samples – As part of the permitting process The Pine Grove district is LMG is required to gather dominated by Jurassic weather data. granodiorite and its vari
Slide 13: Pine Grove Timeline
TSX.V: LMG Pine Grove Timeline Reports Completed and Underway: Preliminary Economic Assessment – Completed 2015. Pine Grove Archeological Field Work – Completed 2021. Plan of Operations – Submitted to USFS in 2019, requested updates ongoing, but generally approved. Environmental Base Line St
Slide 14: Pine Grove Cost Projections
TSX.V: LMG Pine Grove Cost Projections Pine Grove – Estimated Operating Cost: US $650 – $850 per ounce Pine Grove – Estimated Capital Cost: $36 million Note: Significant Reductions of Net Smelter Returns Royalty at Pine Grove: – NSR on the Wilson property is 1.0% – NSR on the Wheeler property is 2.0
Slide 15: Oro Cruz - California
TSX.V: LMG Oro Cruz - California Acquire | Explore | Develop w w w. l i n c o l n m i n i n g . c o m
Slide 16: Oro Cruz - California
TSX.V: LMG Oro Cruz - California Advanced stage gold property with previous production of 61,000 oz.* in 1996 from both open pit and underground operations. * Tetra Tech report September 2010 On March 4, 2019, Lincoln entered into a letter agreement, through its subsidiary Lincoln Gold US Corp., g
Slide 17: Shawinigan Property - Quebec
TSX.V: LMG Shawinigan Property - Quebec Location: Approx. 130 kilometers northeast of Montreal, Canada. Three kilometers west of town of Shawinigan. Accessible by highway, gravel and dirt roads within property boundary. Acquire | Explore | Develop w w w. l i n c o l n m i n i n g . c o m
Slide 18: Shawinigan Property - Quebec
TSX.V: LMG Shawinigan Property - Quebec Optioned Claims & Staked Claims: August 2021 – an additional 61 claims to the south and south-west of the option agreement claims are staked. Property now consists of 82 contiguous mineral claims. Property now covers a total area of 48.4 square kilometer
Slide 19: Shawinigan Property - Quebec
TSX.V: LMG Shawinigan Property - Quebec Regional Geology: Area is well known for Ni-Cu mineralization. Previous work identified three areas for future exploration. Only a small area of the property has been explored and excellent potential exists for locating mineralization elsewhere on the pr
Slide 20: Shawinigan Property - Quebec
TSX.V: LMG Shawinigan Property - Quebec Optioned Property Targets: Past exploration has covered only a small area of the property, buts demonstrated potential. Historical work has identified three areas for further investigation. Three target areas are planned for exploration work in 2021 on t
Slide 21: Share Structure
TSX.V: LMG Share Structure TSX Venture Exchange symbol LMG & Frankfurt Exchange symbol ZMG2 Issued & Outstanding: (as of January 31, 2022): 38,194,748 Options: Exercise Price @ $0.30 (exp Aug 17, 2025) 2,450,000 Warrants – Expiry/Price: April 8, 2022 / $0.10 300,000 April 26, 2022 / $0.80 3,328,590
Slide 22: Company Information
TSX.V: LMG Company Information Head Office: Lincoln Gold Mining Inc. Suite 400 - 789 West Pender Street Vancouver, British Columbia V6C 1H2 Tel: (604) 688-7377 Email: [email protected] Website: www.lincolnmining.com Nevada Office: Lincoln Resource Group Corp. 912 N. Division Street Carson City,
Slide 23: Pine Grove To Be Completed - 2022
TSX.V: LMG Pine Grove To Be Completed 2022: Complete Project Water Well Drilling; Conduct Airborne Geophysics; Complete NI 43-101 Resource Update; Complete Pre-Feasibility Study Update; Complete writing EIS & Submit Notice of Intent to United States Forest Service (USFS); Complete Geotec
Slide 24: Pine Grove To Be Completed - 2023
TSX.V: LMG Pine Grove To Be Completed 2023: Approval of EIS and All Other Permits; Arrange Construction Financing & Initiate Site Construction; Complete Facility Construction; Begin Production Start-Up. Acquire | Explore | Develop w w w. l i n c o l n m i n i n g . c o m
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