Mr. Ian Rogers reports

LINCOLN GOLD ADVANCES BELL MOUNTAIN DEVELOPMENT WITH WATER INFRASTRUCTURE RIGHT-OF-WAY TRANSFER APPLICATION

Lincoln Gold Mining Inc. has made another step in the advancement of its 100-per-cent-owned Bell Mountain gold-silver project in Nevada, with its Nevada subsidiary, Lincoln Resource Group Corp., applying to the United States Bureau of Land Management (BLM) to transfer an existing right-of-way (ROW) associated with the project's water well road.

The existing ROW, grant No. NVN51551, is currently held by Bell Mountain Exploration Corp., which has provided its consent to assign the ROW to Lincoln Resource Group Corp. Lincoln has agreed to assume the existing terms and conditions of the ROW, subject to BLM approval.

Building the infrastructure for Bell Mountain

The ROW provides established access associated with Bell Mountain's water well infrastructure. Its proposed transfer directly to Lincoln's Nevada subsidiary is part of the company's continuing effort to consolidate project infrastructure and advance the practical requirements for future development.

The application follows Lincoln's Sept. 1, 2026, announcement outlining its next phase of Bell Mountain engineering, including well testing and preliminary waterline design.

"We are now moving from planning into execution on Bell Mountain," said Ian Rogers, chairman and chief executive officer. "This right-of-way is one of the practical infrastructure components required to advance the project, and bringing it under Lincoln's direct control is another step in building the foundation for future development."

The company expects to continue advancing Bell Mountain through a series of technical, infrastructure and regulatory milestones as it progresses toward development.

The assignment remains subject to BLM approval and will not become effective until approval is received.

Bell Mountain project

Bell Mountain is Lincoln's 100-per-cent-owned advanced-stage gold-silver project in Nevada's Walker Lane. The project includes four defined deposits-Spurr, Varga, Sphinx and East Ridge -- and is supported by substantial historical drilling, an established technical foundation and an existing open-pit, heap-leach development plan.

Lincoln is advancing Bell Mountain through a structured engineering and development program, with additional exploration potential across the property. The company expects to continue advancing Bell Mountain through a series of technical, infrastructure and regulatory milestones as it progresses toward development.

We seek Safe Harbor.