Lincoln Gold Mining Inc. (TSXV:LMG) announced that the Bureau of Land Management Plan of Operations for the Bell Mountain Gold-Silver Project in Churchill County, Nevada, has been formally transferred into its wholly owned subsidiary, Lincoln Resource Group Corp. This transfer completes the consolidation of the project's principal operational permits and mineral tenure under the company's subsidiary structure, following the acquisition of the project in January 2025.
The BLM Plan of Operations is a key regulatory permit required for mining operations on federal land. Its transfer to Lincoln's subsidiary follows earlier transfers of the mineral claims and Water Pollution Control Permit. According to the company, this consolidation strengthens the project's execution framework and positions Lincoln to advance ongoing technical evaluation, engineering, and development planning activities.
Bell Mountain is an advanced-stage gold-silver project with a previously filed NI 43-101 Preliminary Economic Assessment outlining a conceptual heap leach development scenario. The project is located in the Walker Lane mineral belt in Nevada, a well-established mining jurisdiction with significant infrastructure and workforce availability.
Ian Rogers, Chairman and CEO of Lincoln Gold Mining Inc., 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 under the Company’s subsidiary structure, Lincoln is positioned to continue advancing technical evaluation, engineering, and development planning activities at Bell Mountain. We continue to engage with potential financing partners as we evaluate the next phase of project advancement.”
The company is actively progressing discussions with potential financing partners regarding funding options for Bell Mountain. Subject to securing financing and customary approvals, Lincoln intends to continue advancing engineering and development planning activities. The company’s portfolio also includes the Pine Grove Gold Project, a larger-scale project currently in the permitting and development evaluation stage, located approximately 61 air miles from Bell Mountain.
Lincoln Gold Mining Inc. is a Canadian precious metals exploration and development company focused on advancing its portfolio through staged development, technical de-risking, and capital formation initiatives. The company aims to progress toward mid-tier gold producer status, with Bell Mountain representing the nearer-term development focus and Pine Grove providing longer-term scale potential.
For more information about the company and its projects, visit the original press release on NewMediaWire.
