- Estimated average annual production of 55,000 oz of gold and 679,000 oz of silver for 11 years - LOM all-in sustaining costs of $599/oz gold (net of silver byproduct at $16/oz silver price) - After-tax NPV5% of $136 million and 39% IRR at $1,150/oz gold price and $16/oz silver price - Low initial capital requirement of $51 million required to [...]
COEUR D'ALENE, IDAHO--(Marketwired - Apr 20, 2015) - Timberline Resources Corp. (NYSE MKT:TLR)(TSX VENTURE:TBR) - Highlights include 80 feet @ 0.09 ounces of gold per ton (opt) (24.4 meters (m) @ 3.04 grams of gold per tonne (g/t)), including 20 feet @ 0.26 opt (6.1 m @ 8.79 g/t), in BHWF-40 at Windfall Four of six near surface Windfall drill [...]
COEUR D'ALENE, IDAHO--(Marketwired - Apr 1, 2015) - Timberline Resources Corp. (NYSE MKT:TLR)(TSX VENTURE:TBR) ("Timberline" or the "Company") is pleased to announce the closing of its transaction with Gunpoint Exploration Ltd. (TSX VENTURE:GUN) ("Gunpoint") pursuant to which Timberline has acquired the option to purchase 100% of Gunpoint's [...]
COEUR D'ALENE, IDAHO--(Marketwired - Mar 18, 2015) - Timberline Resources Corp. (NYSE MKT:TLR)(TSX VENTURE:TBR) ("Timberline" or the "Company") announced today that the US Forest Service ("USFS") has completed its Environmental Assessment ("EA") and has released a Draft Decision Notice, which, when finalized, authorizes haulage by the Butte [...]
COEUR D'ALENE, IDAHO--(Marketwired - Mar 17, 2015) - Timberline Resources Corp. (NYSE MKT:TLR)(TSX VENTURE:TBR) ("Timberline" or the "Company") is pleased to announce that it has signed a definitive option agreement (the "Option Agreement") with Gunpoint Exploration Ltd. (TSX VENTURE:GUN) ("Gunpoint") pursuant to which Timberline has acquired the [...]
COEUR D'ALENE, IDAHO--(Marketwired - Feb 13, 2015) - Timberline Resources Corp. (NYSE MKT:TLR)(TSX VENTURE:TBR) ("Timberline" or the "Company") today announced consolidated financial results for its first fiscal year 2015 quarter ended December 31, 2014. A summary of selected financial results is presented in the following table: ($US 000's [...]
COEUR D'ALENE, IDAHO--(Marketwired - Feb 12, 2015) - Timberline Resources Corp. (NYSE MKT:TLR)(TSX VENTURE:TBR) ("Timberline" or the "Company") is pleased to announce that following his appointment as the Company's President and Chief Executive Officer, Kiran Patankar has been added to the Company's Board of Directors. Mr. Patankar is a mining [...]
COEUR D'ALENE, IDAHO--(Marketwired - Jan 27, 2015) - Timberline Resources Corp. (NYSE MKT:TLR)(TSX VENTURE:TBR) ("Timberline" or the "Company") announced today that the Montana Department of Environmental Quality ("MDEQ") has authorized Butte Highlands Joint Venture ("BHJV") to construct and operate its proposed underground gold mine south of [...]
COEUR D'ALENE, IDAHO--(Marketwired - Jan 14, 2015) - Timberline Resources Corp. (NYSE MKT:TLR)(TSX VENTURE:TBR) ("Timberline" or the "Company") today announced the recognition of a new higher grade zone of gold mineralization at the Company's Eureka project in Nevada. Reverse circulation (RC) drill hole BHSE-171 intersected 25 feet of 0.144 ounces [...]
COEUR D'ALENE, IDAHO--(Marketwired - Dec 23, 2014) - Timberline Resources Corporation (NYSE MKT:TLR)(TSX VENTURE:TBR) ("Timberline" or the "Company") today announced consolidated financial results for its fourth fiscal quarter and its fiscal year ended September 30, 2014. The Company reported cash of $2,825,320 as of September 30, 2014 and a [...]
COEUR D'ALENE, IDAHO--(Marketwired - Dec 22, 2014) - Timberline Resources Corp. (NYSE MKT:TLR)(TSX VENTURE:TBR) ("Timberline" or the "Company") announced today that the Montana Department of Environmental Quality ("MDEQ") has published the Final Environmental Impact Statement ("FEIS") for the Butte Highlands Joint Venture's proposed underground [...]
COEUR D'ALENE, IDAHO--(Marketwired - Dec 19, 2014) - Timberline Resources Corp. (NYSE MKT:TLR)(TSX VENTURE:TBR) ("Timberline" or the "Company") today announced that it has appointed Mr. Kiran Patankar as Timberline's new President and Chief Executive Officer. Mr. Patankar will succeed Paul Dircksen, a founding member of the Company's management [...]