Lincoln Closes Acquisition of Bell Mountain in Nevada
Lincoln Mining (TSXV:LMG) announced that following the closing of the Procon financing (announced Noveber 22, 2012), Lincoln has signed a definitive purchase agreement and closed the acquisition of the Bell Mountain property in Nevada for cost of $2,350,000 cash payable to Laurion. Before Lincoln can excercise the Bell Mountain option to acquire 100% interest in the property, the company must spend an addition $1,755,000 in exploration before June 28, 2015.