LMG Lincoln Gold Mining Inc

Lincoln Mining Corporation (TSX VENTURE:LMG) ("Lincoln" or the "Company")
announces that further to its news release dated September 5, 2012 describing
the terms of the Bell Mountain acquisition, it has filed a technical report
dated December 18, 2012 entitled "Amended and Restated NI 43-101 Technical
Report for the Bell Mountain Project, Churchill County, Nevada" prepared by
Telesto Nevada Inc. (the "Technical Report"), in accordance with the
requirements of National Instrument 43-101 ("NI 43-101").


The mineral resource in the Technical Report contains no material differences
from the mineral resource estimate on the Bell Mountain project disclosed in the
Company's news release of September 5, 2012. A summary of the mineral resource
estimate in the Technical Report is described below:




Table 1 - Global Bell Mountain Resource Estimate as at May 3, 2011       
                                                                         
---------------------------------------------------------------------------
               Aver-                    Aver-                         Total
                 age                      age                        Equiv-
        Tonn-   Gold                   Silver                         alent
          age  Grade                    Grade                        Ounces
Cate-   ('000    (g/      Gold    Gold    (g/      Silver    Silver      Of
gory   Tonnes) Tonne)   (grams)   (ozs) Tonne)     (grams)     (ozs)   Gold
---------------------------------------------------------------------------
Measu-
 red    5,952  0.531 3,158,063 101,534  16.62  98,913,080 3,180,127 159,355
---------------------------------------------------------------------------
Indic-
 ated   3,810  0.518 1,974,575  63,484  19.22  73,210,796 2,353,780 106,280
---------------------------------------------------------------------------
Total                                                                      
 Measu-
 red                                                                       
 and                                                                       
 Indic-
 ated   9,761  0.526 5,132,638 165,018  17.63 172,123,876 5,533,907 265,635
---------------------------------------------------------------------------
                                                                           
---------------------------------------------------------------------------
Infer-
 red    2,046  0.449   919,108  29,550  13.26  27,135,036   872,411  45,412
---------------------------------------------------------------------------

Notes: 

1.  Rounding of tons as required by Form 43-101F1 reporting guidelines 
    (Item 19) results in apparent differences between tons, grade and 
    contained ounces in the mineral resource. 
2.  Mineral Resources are estimated at a cutoff Grade at 0.192 g/t AuEq. 
3.  The assumed parameters used for establishing a cut-off grade is
    identified as follows: 

    --  Gold Price - $1,149.89/oz (US) - 60% 3-year previous average/40% 
        2-year forward (Dec. 31, 2010) 
    --  Silver Price - $20.92/oz US - 60% 3-year previous average/40% 
        2-year forward (Dec. 31, 2010) 
    --  Recovery - Gold 80%, Silver 51% 
    --  Total Operating Costs - $11.43/ton (mining, processing and G&A) 
    --  Gold Equivalent Ratio - 55 to 1 



Please refer to the Technical Report, which is available under the Company's
profile at www.sedar.com, for further details.


Mr. Jeffrey Wilson, the Company's Vice President Exploration and a "qualified
person" under NI 43-101, reviewed and approved the scientific and technical
information contained in this news release. 


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 and the Bell Mountain gold properties in Nevada,
the Oro Cruz gold property in California and the La Bufa gold-silver property in
Mexico. In the United States, the Company operates under its Nevada
subsidiaries, Lincoln Gold US Corp. and Lincoln Resource Group Corp.


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 MINERAL RESOURCE ESTIMATES ON
THE BELL MOUNTAIN PROJECT 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 THE RISK THAT ACTUAL RESULTS OF FUTURE EXPLORATION WORK,
INCLUDING DRILL RESULTS AND RESULTS OF ENGINEERING, METALLURGICAL AND
PRE-FEASIBILTY STUDIES, WILL NOT SUPPORT THE COMPANY'S PLANS TO ADVANCE ITS BELL
MOUNTAIN PROJECT; THE UNCERTAINTY OF THE GEOLOGY, GRADE AND CONTINUITY OF
MINERAL DEPOSITS ON THE BELL MOUNTAIN PROPERTY AND THE RISK OF UNEXPECTED
VARIATIONS IN MINERAL RESOURCES, GRADE AND/OR RECOVERY RATES; COST OVERRUNS AND
PROJECT DELAYS; AVAILABILITY OF ADDITIONAL CAPITAL AND FINANCING REQUIRED TO
ADVANCE THE COMPANY'S MINERAL PROJECTS; GENERAL ECONOMIC, MARKET OR BUSINESS
CONDITIONS; FLUCTUATING METAL PRICES; REGULATORY CHANGES; TIMELINES OF
GOVERNMENT OR REGULATORY APPROVALS AND OTHER RISKS DETAILED HEREIN, IN THE
TECHNICAL REPORT 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. 




FOR FURTHER INFORMATION PLEASE CONTACT: 
Lincoln Mining Corporation
Investor Relations
604-688-7377
604-688-7307 (FAX)
www.lincolnmining.com

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