September 2011

Forward Looking Statement

Certain statements contained herein regarding the Company and its operations constitute “forward-looking statements” or information. All statements other than statements of historical fact included in this presentation, including, without limitation, statements regarding future plans and objectives or expected results are forward-looking statements that are based on numerous assumptions that involve various risks and uncertainties inherent in the Company’s business, including risks related to mineral resource exploration and development. Actual results may very materially from those described in the forward-looking statements. 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 companies’ plans or expectations include availability of capital and financing, general economic, market or business conditions, regulatory changes, timelines of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. The Company makes all reasonable efforts to update its corporate materials, documentation and forward-looking information on a timely basis.

2009 – Lincoln Mining Corp. listed on: TSX Venture Exchange – LMG (formerly Lincoln Gold Corp., established in 2003)

Three Major Properties:

o Oro Cruz, California – 341,800 Inferred ozs gold w/ Technical Report

o Pine Grove, Nevada – 177,000 Indicated ozs gold &115,000 Inferred ozs gold w/ Technical Report

o La Bufa, Mexico – Advanced exploration in major district play w/ Technical Report

A new strategic partnership with Elgin Mining Inc. allows Lincoln Mining to advance the Oro Cruz and La Bufa projects.

Overview

TSX-V symbol: LMG

Frankfurt Stock Exchange: ZMG

Issued & Outstanding: 89,473,093

Warrants: 13,622,026

Options: 8,325,000

Fully Diluted Total: 111,420,119

Source: TMX.com

Share Structure

TSX-V: LMG Aug 2010 – 2011

52 Week: Low $0.10; High $ 0.295

Board of DirectorsRobert Cruikshank – Mr. Cruikshank served as past President of the British Columbia Technology Industries Association and has served in many executive roles including over four years as the President of BCTEL Mobility. Mr. Cruikshank currently serves as a director of Vendtek Systems Inc. a TSXV listed technology company. Along with Chairing the Board of Carmanah Technologies, he also serves on the Advisory Board of both AfterCAD Software Inc. and Nutri-Loc, two early stage technology companies.

Robert Elton – Mr. Elton currently serves as Executive Chair of Powertech Labs and Advisor to the Board of Directors of BC Hydro. He was former President and CEO of BC Hydro for six years and prior to that, he had various senior executive positions including Chief Financial Officer of Eldorado Gold Corporation and a partner of PricewaterhouseCoopers. Mr. Elton is involved in various civic and community activities and is a Member of the Global Agenda Council, World Economic Forum.

Andrew Milligan – Chairman of the Board – Mr. Milligan is a business executive who has concentrated on mining ventures over the past 35 years. He was the founder of Skye Resources Inc. , now owned by Hudbay Minerals Inc. He also served as President & CEO of Glamis Gold Ltd., President & CEO of Cornucopia Resources Ltd. and President & CEO of TRV Minerals Corp. Since 2004 he has concentrated his efforts on Lincoln Mining Corporation.

Dr. Michael Price – Dr. Price is a mine finance consultant located in London. He holds a PhD in Mining Engineering and has more than 30 years resource banking experience. Dr. Price’s extensive experience in mining projects and financing will be a significant asset to Lincoln Mining as projects are advancing into the production stage.

Paul Saxton – Mr. Saxton has been active in the mining industry since 1969, holding various senior management positions, including mining engineer, mine superintendent, Vice President and President , with numerous Canadian mining companies including: Mascot Gold Mines Ltd., Cominco, Corona Corp., Viceroy Resource Corp., Standard Mining Corp. and Lincoln Gold Corporation. He is a mining engineer who also holds an MBA from the University of Western Ontario.

Philip Walsh – Mr. Walsh became a director of the Company when the business combination of LPT Capital Ltd. and Lincoln Gold Corporation became effective in August 2009. Prior to that Mr. Walsh was President & CEO of LPT Capital Ltd. since its incorporation in 2006. In addition, since 1996 he has been President of Taff Management Corp., a private company providing consulting, management and advisory services to public companies.

Management TeamPaul Saxton – President and CEO

Paul Saxton is the President, CEO and Director of Lincoln Mining Corporation and has been active in the mining industry since 1969. Cominco, Eastmaque, Viceroy, Pinnacle, Lincoln. Projects to Production.

Jeffrey Wilson – Executive Vice President Mr. Wilson brings to Lincoln Mining 34 years of professional exploration experience in the United States, Mexico and Central America with emphasis on gold. Tenneco, Echo Bay. Director of Exploration.

Micheal Attaway – Chief Operating Officer & Vice President Operations

Mr. Attaway, a mining engineer with a Masters Degree in Business Administration, brings to Lincoln Mining over 30 years of professional experience in mine operations in the United States. Homestake, Bond International, Viceroy, Quadra. Taking projects to production and managing them.

Emmet McGrath – Chief Financial Officer

Mr. McGrath, a Chartered Accountant, is a respected business advisor with over 30 years of experience in public accounting and private industry.

Sabrina Jones – Vice President Corporate Affairs & Corporate Secretary

Ms. Jones has a Bachelor’s degree in Economics and has held various accounting and administrative management positions in both public and private companies.

Business Model & ObjectivesBUSINESS MODEL

Become a mid-tier gold and silver producer

Focus on North America –United States, Mexico & Canada

Grow the Company through cash flow from production

OBJECTIVES

Achieve gold production at Pine Grove

Achieve gold production at Oro Cruz

Advance the La Bufa gold-silver property

Acquire at least one advanced-stage gold property

Recent DevelopmentsPine Grove – Telestro of Reno, Nevada hired to carry out a economic assessment of Pine Grove gold property.

La Bufa – Commenced 5,000 meters of drilling at La Bufa in mid-July; drilling will continue into the fourth quarter 2011.

Oro Cruz – Permitting for drilling (15,000 meters) at Oro Cruz is underway

Agreement with Elgin Mining to explore the La Bufa and Oro Cruz properties: $4 million initial investment.

Agreement with Elgin Mining Inc.OVERVIEW

Lincoln welcomes Elgin Mining as an exploration partner at the Oro Cruz gold project in California and La Bufa gold-silver project in Chihuahua State, Mexico.

Elgin Mining’s management have extensive experience in mine finding, operations, financing, project management and mine technology.

Elgin Mining has committed to spend over the next two years $3MM on exploration work at the Oro Cruz and $1MM on exploration work at the La Bufa before making a further commitment to acquire an interest in either of the projects.

OBJECTIVES

Expand the Oro Cruz mineral resource.

Advance Oro Cruz project towards economic assessment, feasibility and then production.

Establish a mineral resource at the La Bufa property.

Oro Cruz Gold Property

The Mojave-Sonora Mineral Trend crosses California and Arizona into northern Mexico. The trend has a history of open pit gold mines.

Oro Cruz – Land

LOCATION

Imperial County, southeastern California

Tumco Mining District in the Cargo Muchacho Mountains

Approximately 14 miles south of the operating Mesquite Mine

CLAIMS

20 claims under lease – February 2010

131 claims staked in name of Company

Land position approx. 3,000 acres

Oro Cruz – Recent History

RECENT PRODUCTION

1995/1996 – open pit and underground

MK Gold Operations (American Girl JV)

61,000 ozs gold produced in 12 months

Ore was processed 2 miles away at American Girl Mine

Ceased operations due to low gold price

Gold resource remains in place

Oro Cruz pit – looking southwest

Oro Cruz – Pit & Underground Workings

Oro Cruz – Underground Workings

Oro Cruz portal and main decline.

Oro Cruz – Underground Workings

Oro Cruz – Database

Computerized Data Base in Technical Reporto 431 surface and 60 underground drill holes

o 13,628 blast holes

o 2,960 underground channel samples

o 17,586 assays in the data base

Surface Data - 1,684 surface samples

All mineralization similar in area

Good metallurgical recoveries recorded in the past

Environmental studies underway

Gold mineralization (reddish brown areas)exposed in the Oro Cruz pit.

Oro Cruz – 2010 Resources Estimate

Oro Cruz Inferred Gold Resources at September 21, 2010

Cutoff Grade Resource Tons Average Contained Gold Category Gold Grade * Gold

opt – 0.02 Inferred 4,835,000 opt – 0.070 341,800 ozs(gpt – 2.20)

opt – 0.01 Inferred 7,860,000 opt – 0.050 376,600 ozs(gpt – 1.60)

* By Tetra TechAssays capped at 1.5 opt

Oro Cruz – Resource Development

A new strategic partnership with Elgin Mining Inc., allows Lincoln to advance the Oro Cruz gold project

Environmental Assessment Report planned

Tetra Tech Inc. in San Bernadino, CA assisting with permitting

Preliminary pit configurations in progress

New topographic base map planned for exploration and development

Development of water sources

Oro CruzExploration Potential

$3 million allocated by Elgin Mining Inc. for initial exploration

Numerous targets marked for future exploration

Structural zones are new opportunities

Aerial photography and structural analysis planned

Aerial magnetic and radiometric survey planned

Oro CruzExploration Potential

Section Two Mine - historic workings recently discovered by field crew

New exploration target located in northern portion of claims

High angle shear zone

Target has never been drilled

Section Two Mine - looking northwest

Pine Grove Gold Property

Development-stage project in Walker Lane Mineral Trend, Nevada

Excellent infrastructure

Planned as an Open-Pit Mine with Heap-Leach Processing

New resource study by Tetra Tech filed on March 21, 2011

High-grade intercepts drilled in 2009-2010

Excellent potential to grow the resource

Pine Grove – Project Highlights

Pine Grove – Project History

HISTORICAL PRODUCTION

Discovered in 1866; mined until 1887

Mined high-grade with average ≥ 1 opt gold

Lower grade gold material remains in place

Only mined to 160 to 180 ft

240,000 ozs gold produced

MODERN EXPLORATION

1989 to 1991 – Teck Resources – 190 holes

2009/2010 – Lincoln Gold US Corp. – 83 holes

Pine Grove – Claims

Pine Grove – 2011 Resources Estimate

Pine Grove Indicated & Inferred Gold Resources

Cutoff Grade Resource Tons Average Contained Gold Category Gold Grade Gold

opt – 0.010 Indicated 5,316,000 opt – 0.033 177,000 ozs

opt – 0.010 Inferred 4,136,000 opt – 0.028 115,000 ozs

Pine Grove – Planned Development

Pine Grove – Initial Production Scenario

Possible Open Pit – Heap-Leach with Present Resources: (in-house estimates)

Initial production of up to 35,000 ozs gold per year; with growth potential

Operating costs per ounce are approximately $550

Recoveries 60% to 65% (Wilson deposit) and up to 87% (Wheeler deposit); economic model uses 70% on oxides and 50% sulphides

Possible small gravity circuit for high-grade gold

Environmental studies progressing; metallurgical test work continuing

Preliminary Capital costs estimated at $15 to $20 MM (includes working capital)

La Bufa Silver-Gold Property

Mines of the Sierra Madre Occidental

La Bufa Silver-Gold Property Location

o Guadalupe y Calvo mining districtin southeastern Chihuahua State

o Excellent infrastructure

Major Historical Producer – 1835 to 1939

o El Rosario underground mine

o Over 2 million plus ozs gold

o Over 28 million plus ozs silver

Minera Lincoln de Mexico S.A. de C.V.

o 100% interest

o 2,300 hectares (5,711 acres)

o Surrounds Gammon Gold’s “GyC project”

Multi-Million oz silver-gold potential

La Bufa Property, Chihuahua

La Bufa – Recent Surface Exploration

Strategic partnership with Elgin Mining Inc., Elgin Mining has allocated $1 million for exploration at La Bufa

Drill program currently in progress in northern La Bufa concession

I.P. /Resistivity Surveyo 20,000 line meters in 8 lines

Surface Sampling – 234 rock chip samples· 0.06 opt Au + 28.6 opt Ag · 0.63 opt Au + 5.6 opt Ag· 0.02 opt Au + 18.3 opt Ag · 0.58 opt Au · 0.39 opt Au + 26.3 opt Ag · 1.08 opt Au

Geologic Mappingo Large areas of favorable Lower Volcanicso Abundant vein & structural target

La Bufa Property – Target Areas

Looking ForwardOro Cruz Property – California

o $3 MM allocated by Elgin Mining for initial explorationo Aerial photographyo Environmental Assessment Reporto Confirmation drilling & expansion exploration programs o Path to Production is in progress

Pine Grove Property – Nevada

o Advance project towards feasibility stage o Step-out drilling & expansion exploration programs o Path to Production is in progress

La Bufa Property – Chihuahua, Mexico

o $1MM allocated by Elgin Mining for exploration

Oro Cruz pit

Wheeler deposit

La Bufa Concession

Summary

Outstanding projects in key mineral regions of California, Nevada and Chihuahua:

o Oro Cruz offers future production opportunity

o Pine Grove offers near term production

o La Bufa has large gold-silver exploration potential (advanced stage exploration)

Management team of senior mining executives, engineers and geologists have worldwide record of exploration, mine-finding and mine-building: Nickel Plate, American Girl, Castle Mtn, Brewery Creek, Borealis, Coliseum.

Lincoln Mining recently entered into an exploration financing agreement with Elgin Mining Inc. of Toronto. This provides Lincoln with a strategic partnership and allows Lincoln to advance the Oro Cruz and La Bufa projects with minimum dilution to Lincoln shareholders.