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Lincoln Mining Announces Drilling is Underway at Pine Grove Property
Nov. 17, 2016 09:04AM PST
Gold InvestingLincoln Mining (TSXV:LMG) has announced the resource expansion drilling program on the Pine Grove property in Lyon County is underway. As quoted in the press release: The 14 hole 6,800 ft reverse circulation drill program on the Wilson patented claims is expected to be completed early in December. Drilling is on 100 ft centers and …
Lincoln Mining (TSXV:LMG) has announced the resource expansion drilling program on the Pine Grove property in Lyon County is underway.
As quoted in the press release:
The 14 hole 6,800 ft reverse circulation drill program on the Wilson patented claims is expected to be completed early in December. Drilling is on 100 ft centers and is concentrated along the northern boundary of the Wilson patented claims. As of mid-day, November 16th, four holes had been completed for a total footage of 1,765 ft. Should drilling results show that the gold mineralization remains open, additional drilling will be planned.
New mineralized intercepts will be included in an updated resource estimate due early in the second quarter of 2017.
The drilling program is part of the Goldcliff Resource Corporation earn-in on the project which is spending US$1.4 million over three years to earn a 40% interest in the property.
Jeffery Wilson, Vice President of Exploration of Lincoln Mining Corporation, and a Qualified Person under NI 43-101 has reviewed the technical disclosure contained in this news release.