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Lincoln Mining Corp.
Summary
| Project: | Bell Mountain | |
|---|---|---|
| Deposit: | Bell Mountain | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 12/2/2014 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 2-12-2014: Lincoln Mining Corp. announces a Resource Estimation report for its Bell Mountain deposit at the Bell Mountain project. Amended technical report on Bell Mountain project. Telesto Nevada, Inc. (Telesto) was originally retained by Laurion Mineral | |
| Resources: | (Resource, M+I): 10.76Mt @ 0.526g/t Au, 17.63g/t Ag at project | |
| CP/QP: | [Resources]: Johathan Brown (Independent) | |
| ABSTRACT: | Telesto Nevada, Inc. (Telesto) was originally retained by Laurion Mineral Exploration, Inc. (Laurion) and Globex Mining Enterprises (Globex) to prepare a NI 43-101 Technical Report for the Bell Mountain Project, located in Churchill County, Nevada. This Amended and Restated Technical Report was prepared for Lincoln Mining Corporation (Lincoln) and Globex in connection with a transaction involving a binding letter agreement between Lincoln and Laurion dated September 4, 2012 providing for the purchase by Lincoln (or a subsidiary) from Laurion of certain unpatented mining claims and the assignment and assumption of Laurion’s option to earn a 100% interest in the Bell Mountain property. For the purposes of this Amended and Restated Technical Report, the drilling data, assay data, and resource estimate from the original Technical Report dated May 3, 2011 have not changed. The effective date of this Amended and Restated Technical Report is May 3, 2011. On December 21, 2010, Laurion Mineral Exploration, Inc. (Laurion) engaged Telesto Nevada, Inc. (Telesto) to undertake the preparation of a Technical Report for gold and silver on their early stage exploration Bell Mountain Project (Project) in the Fairview Mining District, Churchill County, Nevada, USA. The Project consists of three separate exploration targets: the Spurr, the Varga and the Sphinx. | |
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