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Lincoln Mining Corporation Corporate Update

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^{Published in Stocks and Investing on Tuesday, September 1st 2009 at 10:34 GMT by Market Wire}  

 VANCOUVER, Sept. 1 /CNW/ - Lincoln Mining Corporation (previously named LPT Capital Ltd.) ("Lincoln Mining" or the "Company") (TSXV: LMG) is pleased to announce the appointment of Mr. Emmet McGrath, effective September 1, 2009, as Chief Financial Officer to replace Mr. Herrick Lau, subject to the approval of the applicable regulatory authorities. Mr. Lau has resigned from his position as Chief Financial Officer and the Board would like to thank him for his contributions, particularly for his efforts in assisting the recent business combination transaction with Lincoln Gold. Mr. Emmet McGrath, a Chartered Accountant, is a respected business advisor with over 30 years of experience in public accounting and private industry. He was a partner with KPMG from 1981 to 2002 and has a strong understanding of regulatory and statutory reporting requirements. Mr. McGrath currently sits on the Board of Directors of a number of organizations including Westminster Savings Credit Union (currently Chair), Selkirk Metals Corp., Bard Ventures Ltd., and Hillsborough Resources Ltd. The Company also wishes to announce the appointment of Ms. Mary Martin as Corporate Secretary and Ms. Sabrina Jones as Vice President, Corporate Affairs, both subject to the approval of the applicable regulatory authorities. Ms. Martin is an Office Administrator who has over 25 years of experience. From 2004 to 2006, she was a Contract Administrator for MacDonald Detwiller in Richmond, BC. From 2006 to 2007, she was with Mundoro Mining Inc. and was appointed Corporate Secretary. Since 2007, Ms. Martin has been Corporate Secretary of Lincoln Gold Corp. Ms. Jones has a Bachelor's degree in Economics and has held various accounting and administrative management positions in both public and private companies. Most recently, she assisted the Procon Group of Companies with their corporate records management. She currently serves as Corporate Secretary for Rainy Mountain Capital Corp. On behalf of Lincoln Mining Corporation "Paul Saxton" Paul Saxton President & CEO NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding future plans and objectives of Lincoln Mining are forward-looking statements that involve various risks and uncertainties. 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 Lincoln Mining's plans or expectations include availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals, results of exploration activities, risks inherent in the mineral exploration industry, and other risks detailed herein and from time to time in the filings made by Lincoln Mining with securities regulators. Lincoln Mining expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation. 

For further information: 350 - 885 Dunsmuir Street, Vancouver, BC, V6C 1N5, Tel: (604) 688-7377, Fax: (604) 688-7307