"It's to keep the music alive for the fans and give it an energy that Freddie would have been proud of."
Lambert previously performed with Queen at the 2009 Idol finals, and most recently at the MTV European Music Awards last November.
According to the report, Lambert also said he had no intention of replacing Mercury, who died in 1991.
"After the EMAs, I heard faint little slithers of a backlash from people saying: 'You can't replace Freddie Mercury.' But I already knew that," he added.
"There's no intention in my mind of replacing Freddie. That's impossible. The way I'm choosing to view it is that it's a great honour and one I'm in no way going to shirk... Being asked to front Queen is the best thing that can possibly happen."
But it looks like the glam rocker hasn't actually signed on the dotted line.
Lambert has since taken to Twitter to address the report, and to clarify his comments.
"Oooh them clever reporters takin my quotes outta context.... I haven't confirmed any guest appearances. I was talking about the EMA'S. :)" he wrote. "That being said, I'm truly flattered by your jump to such glorious conclusions mr journalist!! :)"
A rep for Queen's label, Hollywood Records, told Rolling Stone, "The Daily Star item only mentions that Adam may perform with Queen at Sonisphere. This is not confirmed. Nothing has been signed. However, if this were to happen, Queen would be returning to the setting of their final concert with Freddie Mercury, which took place in 1986."
Check out Lambert performing We Are The Champions with Queen below:
Following their collab at the MTV Awards last year, Taylor said he and his bandmates were keen to work with Lambert again.
"He has grown into a really great performer with an astonishing voice with a range that's great,'' he told Billboard.com.
"We would like to work with him again. There's nothing signed just yet but we're talking about live dates. It could be very exciting."
Speaking to BBC 6 Music in December, guitarist May offered his take on the band's future.
"Are we Queen? In a sense we are but in another sense we never can be," he said.
"We keep getting asked to do things which is great but it's that being Queen thing, I think we'll have to make a film Being Queen, what does it mean?
"The good thing about it is, we are a sort of open book, we can interact with people when it comes up."
He also said that some previously unheard material featuring Mercury could be released.
"We are not actually working on dredging loads and loads stuff up, we just find stuff now and again that is interesting," May said.
"There is a couple of very interesting tapes with Freddie singing with Michael Jackson that we're looking at. Those kind of things we can work on together and it's nice that in a sense Freddie is still involved in it."
Asked if the group would consider recruiting any permanent new members, May said: "I don't think it'll happen. It's like saying 'can I have a new brother or a new father. I don't think so, really."
Listen to May's BBC interview below:
What do you think, readers? Would Lambert be your choice to front the band?
Blogger's briefs
And finally ... feast your peepers on this lot:
* Fit for a Queen: Paul McCartney, Elton John to sing for Queen Elizabeth at jubilee concert.
* Oh, baby! It's a boy for Robert Downey Jr and wife Susan. Welcome to the world Exton Elias Downey.
* Bling backlash: Sharon Osbourne sued by jewellery company, claims she backed out of design deal.
* Piers Morgan bashes Madonna's Super Bowl performance. At least he's consistent.
* Hang about, how many plastic surgery procedures? Not 739, according to comedienne Joan Rivers. "If somebody feels better, I think plastic surgery's great," she tells TV host Anderson Cooper. "I like having a tight face that's pulled, 'cause every time I swallow I have an orgasm."
Nice.
- Blogger Bites Back