LINCOLN GOLD CORP. (OTCBB: LGCP) is pleased to announce that it has been informed by its joint venture partner, Kinross Gold Corporation, that it is continuing to develop drill targets on the Jenny Hill property located in the Black Hills in Mineral and Nye Counties, Nevada. The large claim block lies directly between the past producing gold mines of Paradise Peak and Denton Rawhide. Permitting for Phase 1 exploration drilling is planned for sometime in the second quarter of 2006 and drilling of 10 to 15 reverse-circulation holes is planned for the third quarter. Drilling will test for gold skarn and distal dissemination (Carlin-type) gold targets hosted in Triassic Luning Formation.Lincoln Gold Corp. is a US based gold-silver exploration company located in Nevada with several projects in various stages of exploration. Lincoln presently owns, or has options to acquire 100% interest in four projects in Nevada all with potential for discovery of large gold-silver deposits including Buffalo Valley, JDS, Jenny Hill and Hannah. The Company has also optioned the La Bufa gold-silver property in the Guadalupe y Calvo district in Chihuahua State, Mexico.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. This news release may contain information about adjacent properties on which we have no right to explore or mine. 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 inability of the Company to complete the acquisition of any interest in any new mineral exploration properties;

(ii) the inability of the Company to achieve the financing required to pursue the acquisition of exploration of any new mineral properties;

(iii) the inability of the Company to complete the acquisition of Lincoln Gold;

(iv) the inability of the Company to raise the financing necessary to conduct exploration of the Lincoln Gold properties; and

(v) the presence of commercial mineralization on the Lincoln Gold properties.

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