Lincoln Gold Mining Inc. (TSXV:LMG) announced that the Bureau of Land Management Plan of Operations for its Bell Mountain Gold-Silver Project in Churchill County, Nevada, has been formally transferred into its wholly owned subsidiary, Lincoln Resource Group Corp. This milestone follows the company’s acquisition of the project in January 2025 and completes the consolidation of core mineral tenure and principal operational permits under the subsidiary structure.
The transfer of the BLM Plan of Operations, along with previously transferred mineral claims and a Water Pollution Control Permit, strengthens Lincoln’s operational control and permitting framework. Bell Mountain is an advanced-stage gold-silver project supported by a prior NI 43-101 Preliminary Economic Assessment that outlined a conceptual heap leach development scenario.
With the permits now consolidated, Lincoln is positioned to advance ongoing technical evaluation, engineering work, and development planning activities. The company continues discussions with potential financing partners to fund the next phase of project advancement. Ian Rogers, Chairman and CEO, stated: “Completion of the BLM Plan of Operations transfer represents another important milestone in the consolidation of Bell Mountain within Lincoln’s operating structure. With the principal permits and mineral tenure now consolidated, Lincoln is positioned to continue advancing technical evaluation, engineering, and development planning activities.”
The Bell Mountain project was acquired from Eros Resources Corp. and its subsidiary Bell Mountain Exploration Corp. under a definitive agreement dated November 3, 2023. Consideration included common shares and a net profits interest royalty. The project is located approximately 61 air miles from Lincoln’s other Nevada asset, the Pine Grove Gold Project, within the Walker Lane mineral belt, a region with established infrastructure and a history of precious metals production.
Lincoln Gold Mining is a Canadian precious metals exploration and development company focused on advancing its portfolio through staged development and capital formation. The company’s objective is to progress toward mid-tier gold producer status, with Bell Mountain as the nearer-term development focus and Pine Grove providing longer-term scale potential. The company cautions that forward-looking statements, including those regarding financing and development timelines, are subject to risks such as financing availability, market conditions, and permitting and operational risks. The company undertakes no obligation to update such statements except as required by law.
For more information, see the original release at NewMediaWire.
