Brief: Lincoln Mining and Goldcliff Resource form joint venture

Goldcliff Resource

09/08/2016 16:41

Aug 9 (Reuters) - Lincoln Mining Corp  LMG.V  
 
    * Lincoln Mining and Goldcliff Resource sign letter of 
intent for a joint venture at Pine Grove, Nevada 
    * Lincoln Mining Corp says Goldcliff and Lincoln plan 
immediate resumption of permitting activities 
    * Says Goldcliff will earn a 40% JV interest in Lincoln's 
Pine Grove Nevada project over three years 
    * Says Lincoln will serve as operator of project, subject to 
direction of a management committee 
    * Says  management committee will comprise one member each 
nominated by Lincoln and by Goldcliff 
 
Source text for Eikon:  ID:nCCN2s7TcN  
Further company coverage:  LMG.V  GCN.V  
 
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