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Lincoln Gold Mining Inc : Lincoln in Discussions to Reduce Pine Grove Royalties

Lincoln Gold Mining Inc.: Lincoln in Discussions to Reduce Pine Grove Royalties VANCOUVER, BC / ACCESSWIRE / January 20, 2021 / Lincoln Gold Mining Inc. ( Lincoln or the Company ) (TSXV:LMG) announces that it has entered into discussions with two of its partners that own patented claims within the Company s Pine Grove Gold Project located in Nevada. The discussions involve a reduction in the net smelter returns royalties (NSRs) that currently exist on production. At present, the NSRs range from 2.5% to 7% on the planned open pit areas. Discussions have involved the buy down of these royalties from 0% to 2% maximum. As the Company gets closer to production, management felt that it was imperative to reduce or eliminate the NSRs to attract third party start-up financing for the plant and equipment. In this regard, Lincoln has been in discussions with several firms that have indicated their interest in financing the Pine Grove Gold Project if the NSRs could be reduced. The Company wi

Shrewsbury High takes up study to decide if Colonials mascot should remain

Group of students, staff, parents to discuss hot-button issue Telegram & Gazette The use of Native American imagery and symbols by Massachusetts high school athletic teams has been a contentious and continuing issue since at least the late 1990s with change occurring at a glacial pace. But dramatic and meaningful progress for those who believe such imagery is racially and culturally insensitive has been made the past six months, an offshoot of an energized social justice movement that began in the summer. Here in Central Mass., it’s led to Nashoba Regional ditching Chieftains for a yet-to-be-determined mascot in July, Grafton switching from Indians to Gators in November, and North Brookfield dropping Indians, Athol dumping Red Raiders and Algonquin forming a study group to review its Tomahawks nickname in December.

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