The Board of Directors of Timberline Resources Corp. has established April 14, 2021 as the date for the Company's Annual General Meeting of Stockholders for the year ended September 30, 2020. In association with the 2021 AGM, February 25, 2021 has been set as the record date for determining shareholders who are entitled to notice of, and to vote [...]
Timberline Resources today announced results of an Induced Polarization - Resistivity geophysical survey at its 100%-controlled Eureka Project in Nevada. The IP survey included 28.4 line-kilometres over eight lines, focused primarily at the Lookout Mountain Target. IP can be an effective tool for mapping subsurface electrical characteristics of the [...]
Timberline Resources is pleased to announce results for the final five holes of the 2020 reverse circulation drill program at its 100%-controlled Eureka Project in Nevada. The results include considerable near-surface oxide gold mineralization and two high-grade intercepts above 4.0 grams of gold per tonne. The primary objectives of the 12-hole [...]
Timberline Resources is pleased to announce assay results from the first seven reverse circulation drill holes of its 2020 drilling campaign at its 100%-controlled Eureka Gold Project in Nevada. These holes comprise 1,219m, or approximately 50% of the 2,400m RC program. This drilling falls within the existing Lookout Mountain resource footprint and [...]
Timberline Resources Corp. reports exploration progress at the Eureka Project including drilling at Lookout Mountain and district-scale geophysical surveys. The Company has prioritized discovery of high-grade Carlin Type Gold Deposits on the project, commencing with Phase 1 drilling at the Lookout Mountain Target. The objective of this drill [...]
Timberline Resources is pleased to announce that Mr. Patrick Highsmith has joined the Company as President and Chief Executive Officer. The appointment follows the recently completed US$3.7M financing led by Crescat Capital, along with the support of 3 additional precious metals investment funds, and the recent appointment of Dr. Quinton Hennigh to [...]
Timberline Resources Corporation is pleased to announce that Dr. Quinton Hennigh has joined its Board of Directors. The Company is well-capitalized after its recent US$3.7 million financing. Reverse circulation drilling is underway at Lookout Mountain on the Eureka property; a core rig will be added imminently. Dr. Hennigh began his distinguished [...]
Timberline Resources Corporation is pleased to announce it has closed its previously announced non-brokered private placement financing . Under the Offering, the Company issued 33,636,364 units at a price of US$0.11 for total consideration of US$3,700,000. Each Unit consists of one common share of the Company and one common share purchase warrant [...]
Timberline Resources has arranged a non-brokered private placement offering of up to US$3,700,000 of Units of the Company at a price of US$0.11 per Unit solely to persons or institutions who qualify as accredited investors under Rule 506 of Regulation D promulgated by the SEC under the Securities Act of 1933, as amended. The Offering is subject to [...]
Timberline Resources has dropped its option to earn an interest in the Elder Creek copper project in order to focus its Nevada exploration on the Eureka and Paiute district-scale gold properties on the prolific Battle Mountain-Eureka gold trend. Timberline's President and CEO, Steve Osterberg commented, "Our resources are best used to advance the [...]
Timberline Resources has issued a notice of default to PM & Gold Mines, Inc. pursuant to terms of the Lookout Mountain Joint Venture Agreement. The Agreement allows PM&G to earn an initial 51% interest in the project by funding $6 million in work expenditures over a 2-year period, of which $3 million was to have been expended during the first year [...]
Timberline Resources announced that its first two drill holes at the Paiute project in the Battle Mountain district of Nevada intercepted long intervals of disseminated gold mineralization in granodiorite porphyry and contact metamorphosed sandstone. Both reverse circulation holes were terminated in mineralized, hard, silicified rock because of [...]