Lincoln Gold Drill Permitting Completed Pine Grove Property, Nevada

VANCOUVER, BRITISH COLUMBIA is pleased to announce that it has completed permitting for core drilling at the Company's 100%-controlled Pine Grove gold property located in the Pine Grove Hills, 20 miles south of Yerington, Nevada. The gold property consists of two patented mining claims and 93 unpatented lode claims. Permitting on the patented claims is administered by the State of Nevada and movement of commercial equipment across the surrounding Federal lode claims is administered by the USDA Forest Service.

Drilling of four core holes for metallurgical samples (PQ core) is planned on the two patented claims as soon as possible. Lincoln is pursuing a drilling contract from several drilling companies for this work at this time. Metallurgical tests will follow immediately after the samples are acquired.

The Company is also interviewing drill companies for its major exploration drill program to commence early in the New Year. A work program of 80 holes totaling 7500 meters is planned.

Lincoln Gold Corp. is a US-based gold exploration company located in Nevada with several gold projects in various stages of exploration which includes three properties in Nevada and the La Bufa property in Mexico.

LINCOLN GOLD CORP.

Paul F. Saxton, President

This Press Release may contain, in addition, to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on management's expectations and beliefs, and involve risks and uncertainties. These statements may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. Key factors that could cause actual results to differ materially from those described in forward-looking statements are:

(i) the inability of the Company to achieve the financing required to pursue the exploration of the Pine Grove properties;

(ii) the result of further exploration of the Pine Grove properties

Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release.

Contacts: Lincoln Gold Corp. Corporate Communications [phone] Website: www.lincolngold.com