Lincoln Signs Letter of Intent Reducing Wheeler Royalty to 2%

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May 05, 2021

VANCOUVER, BC / ACCESSWIRE / May 4, 2021 / Lincoln Gold Mining Inc. ("Lincoln" or the "Company") (TSXV:LMG, Financial) is pleased to announce it has finalized negotiations to reduce the overall Pine Grove project royalties to 2% or less in the known resource areas. The Company believes that the significantly reduced NSR on both of the major Pine Grove properties, the Wheeler and Wilson, will greatly enhance the financing opportunities as it plans for the final stages of permitting and development of the Pine Grove project (see news release of March 23, 2021 re: Wilson royalty reduction).