Lincoln Gold Corp.
OTC Bulletin Board : LGCP

Lincoln Gold Corp.

September 27, 2007 17:45 ET

Lincoln Gold Advances Exploration at La Bufa, Chihuahua, Mexico

CARSON CITY, NEVADA--(Marketwire - Sept. 27, 2007) - LINCOLN GOLD CORP. (OTCBB:LGCP) is pleased to announce continuing exploration on the large La Bufa gold-silver property (2,291 hectares) in the Guadalupe y Calvo mining district in southwestern Chihuahua State. Exploration is focusing on the southern extension of the Rosario vein system which extends onto the La Bufa concession. In June, the Company completed geologic mapping (1:000 scale) and rock-chip sampling of veins and stringer zones in the southern portion of the property. Anomalous sample results are coincident with previous soil sample anomalies identified in 2006.

Based on geologic mapping and sample results, 15 drill sites have been selected for angle (-45 degrees) core drilling. Drilling is designed to encounter gold-silver mineralization with significant widths and grade along 1600 meters of vein strike. The drill sites are essentially "drill fences" across the southeast-trending vein system. All holes are targeted to reach the 2250 meter level or deeper which was historically productive in the adjacent Rosario mine. Historic production from the area, including the La Bufa zone, has been estimated at 2 million ozs gold and 28 million ozs silver from high-grade epithermal veins. Permitting consultants have visited the La Bufa property and are presently preparing a permit for the drilling program. A Technical Report compliant with Canadian National Instrument 43-101 is also near completion.

Lincoln Gold may earn up to a 60% interest in the La Bufa property from Almaden Minerals Ltd. by spending US$3.5 million over a 4 year period and issuing 1,550,000 shares.

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


Jeffrey L. Wilson, Vice President and COO

This press release contains information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.

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 results of the NI 43-101 report on the La Bufa property may be different than anticipated;

(ii) the inability of the Company to achieve the financing required to pursue complete exploration of the La Bufa property;

(iii) the results of exploration of the La Bufa property, including the results of the planned drilling program;

(iv) past historical production on the La Bufa properties may not be indicative of commercial mineralization on the La Bufa property; and

(v) the lack of commercial mineralization on the La Bufa property.

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

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