Lincoln Mining Announces Private Placement of Up to $200,000

Lincoln Mining Corporation (TSX VENTURE:LMG) ("Lincoln" or the "Company")
announces its plans to conduct a non-brokered private placement of up to
4,000,000 common shares at a price of $0.05 per share ("Shares") for total
proceeds of up to $200,000.


No warrants or finder's fees are expected to be issued in connection with this
private placement. All securities issued under the private placement will be
subject to a four month hold period from the closing date under applicable
Canadian securities laws, in addition to such other restrictions as may apply
under applicable securities laws of jurisdictions outside Canada. The private
placement is subject to all necessary regulatory approvals including from the
TSX Venture Exchange.


Lincoln intends to use the proceeds raised from the private placement to advance
the work programs on its mineral projects and for general working capital
purposes.


Lincoln Mining Corp. is a Canadian precious metals exploration and development
company with several projects in various stages of exploration and development
which include the Pine Grove gold property, the Oro Cruz gold property in
California and the La Bufa gold-silver property in Mexico. In the United States,
the Company operates under Lincoln Gold US Corp., a Nevada corporation.


On behalf of Lincoln Mining Corporation

Paul Saxton, President & CEO

THIS PRESS RELEASE INCLUDES FORWARD-LOOKING STATEMENTS OR INFORMATION. ALL
STATEMENTS OTHER THAN STATEMENTS OF HISTORICAL FACT INCLUDED IN THIS RELEASE,
INCLUDING WITHOUT LIMITATION, STATEMENTS REGARDING FUTURE PLANS AND OBJECTIVES
OF LINCOLN IN RELATION TO COMPLETING A PRIVATE PLACEMENT ARE FORWARD-LOOKING
STATEMENTS THAT INVOLVE VARIOUS RISKS AND UNCERTAINTIES. THERE CAN BE NO
ASSURANCE THAT SUCH STATEMENTS WILL PROVE TO BE ACCURATE AND ACTUAL RESULTS AND
FUTURE EVENTS COULD DIFFER MATERIALLY FROM THOSE ANTICIPATED IN SUCH STATEMENTS.
IMPORTANT FACTORS THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE
COMPANY'S PLANS OR EXPECTATIONS INCLUDE AVAILABILITY OF CAPITAL AND FINANCING IN
CONNECTION WITH THE COMPANY'S PROPOSED NON-BROKERED PRIVATE PLACEMENT, GENERAL
ECONOMIC, MARKET OR BUSINESS CONDITIONS, FLUCTUATING METAL PRICES, REGULATORY
CHANGES, TIMELINES OF GOVERNMENT OR REGULATORY APPROVALS AND OTHER RISKS
DETAILED HEREIN AND FROM TIME TO TIME IN THE FILINGS MADE BY THE COMPANY. THE
COMPANY MAKES ALL REASONABLE EFFORTS TO UPDATE ITS CORPORATE MATERIAL,
DOCUMENTATION AND FORWARD-LOOKING INFORMATION ON A TIMELY BASIS.