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  • ACCESSWIRE22 days ago

    Timberline Resources Announces Private Placement Offering

    TSX-V: TBR) ("Timberline" or the "Company") announced today that it has initiated a non-brokered US$500,000 private placement offering of Units of the Company at a price of US$0.08 per Unit, with an option to increase the offering by up to 20%, solely to persons who qualify as accredited investors (the "Offering") under Rule 506(b) of Regulation D promulgated by the SEC under the Securities Act of 1933, as amended (the "Securities Act"). Each Unit consists of one share of common stock of the Company and one common share purchase warrant (each a "Warrant"), with each Warrant exercisable to acquire an additional share of common stock of the Company at a price of US$0.14 per share until the warrant expiration date of October 29, 2021.

  • ACCESSWIRE26 days ago

    Timberline Core-drills Porphyry Copper Mineralization at the Elder Creek Project, Nevada

    COEUR D'ALENE, ID / ACCESSWIRE / October 19, 2018 / Timberline Resources Corporation (OTCQB: TLRS; TSX-V: TBR) ("Timberline" or the "Company") today provided an update on drilling at ...

  • ACCESSWIRElast month

    Timberline Completes Gravity Survey at Eureka Covering High Grade ''Carlin Style'' Gold System

    TSX-V: TBR) (''Timberline'' or the ''Company'') announces that a detailed gravity survey and analysis of historic geophysical survey data have identified untested targets for high-grade, ''Carlin-style'' gold mineralization at the Lookout Mountain Project within its 23-square mile (60 km2) Eureka property in Nevada. The gravity, CSAMT, induced polarization (IP), and magnetic data show distinct geophysical signatures over previously identified high-grade gold mineralization on the property. Timberline's President and CEO, Steven Osterberg, noted: ''The gravity and other historical geophysical surveys have identified high-priority drill targets, including immediately east and southeast of the historic Lookout Mountain pit.

  • ACCESSWIRE2 months ago

    Timberline Drills Long Intercept of Copper Mineralization at the Elder Creek Porphyry Copper-Gold Discovery in Nevada

    Reverse circulation (RC) drill hole RCEC18-01 (Figure 1) intersected 110 feet (34 meters) of 0.44% copper. The entire 500 foot (152 meters) hole averaged 0.21% copper, and bottomed in mineralization at 500 feet due to depth limitations of the rig (Table 1).

  • ACCESSWIRE2 months ago

    Timberline Resources Announces Management Change

    TSX-V: TBR) ("Timberline" or the "Company") is pleased to announce the appointment of Mr. Ted Sharp as Chief Financial Officer (CFO) for the Company. Mr. Sharp will serve as the Company's Chief Financial Officer (CFO) and Corporate Secretary.

  • ACCESSWIRE3 months ago

    Timberline Commences Drilling at Elder Creek, Gravity Survey at Eureka, and Announces Management Changes

    TSX-V: TBR) ("Timberline" or the "Company") is pleased to announce that exploration drilling has begun at its Elder Creek porphyry copper-gold project in the Battle Mountain Mining District of Nevada. The Company will also conduct a district-scale gravity survey on its Eureka project and will target high-grade gold mineralization at depth in the Lookout Mountain area.

  • ACCESSWIRE3 months ago

    Timberline Resources Closes Acquisition of Battle Mountain Gold-Copper Property Interests and Announces Exploration Program

    TSX-V: TBR) ("Timberline" or the "Company") announced today that it has closed on the acquisition of ownership interests in two Nevada gold-copper mineral properties located in the Battle Mountain mining district in Nevada (the "Properties") from Americas Gold Exploration, Inc. ("AGEI"). The acquisition includes the right to earn into existing joint venture agreements with McEwen Mining Inc. ("McEwen") at the Elder Creek Project (the "Elder Creek Joint Venture"), and with Lac Minerals (USA) LLC, a wholly owned subsidiary of Barrick Gold Corporation ("LAC") at the Paiute Project (the "Paiute Joint Venture").

  • ACCESSWIRE3 months ago

    Timberline Announces Third Quarter 2018 Financial Results

    TSX-V: TBR) ("Timberline" or the "Company") today announced consolidated financial results for its second fiscal year 2018 quarter which ended June 30, 2018. Timberline reported a consolidated net loss of $0.3 million for the quarter ended June 30, 2018, including exploration expenditures of $23 thousand. The Company has refocused its exploration efforts on advancing its other Nevada projects, and has signed a definitive agreement to acquire two joint venture interests in Nevada.

  • ACCESSWIRE3 months ago

    Timberline Resources Announces High-Grade Gold Assay Results from the Windfall Project at its Eureka Property, Nevada

    COEUR D'ALENE, ID / ACCESSWIRE / August 8, 2018 / Timberline Resources Corporation (OTCQB: TLRS; TSX-V: TBR) ("Timberline" or the "Company") announced today that recently completed ...

  • ACCESSWIRE4 months ago

    Timberline Resources Announces Loan Agreement

    TSX-V: TBR) ("Timberline" or the "Company") announced today that it proposes to enter into a loan agreement (the "Loan Agreement") with William Matlack (the "Lender"). Under the Loan Agreement, the Lender will loan to Timberline up to US$300,000 (the "Principal Sum"), with the Principal Sum bearing interest at an annual rate of 18%, compounded monthly.

  • ACCESSWIRE4 months ago

    Timberline Resources Enhances Board of Directors with Finance and Capital Markets Expertise

    TSX-V: TBR) ("Timberline" or the "Company") is pleased to announce that Mr. Steven E. Gilbertson has joined the Company's Board of Directors. Mr. Gilbertson has over 20 years of finance and engineering experience and has assisted public and private companies in raising capital in excess of $30 billion in the aggregate. In June 2017 he founded Clayton East Advisors, a Denver-based advisory and consulting firm focused on natural resources and industrial companies.

  • ACCESSWIRE4 months ago

    Timberline Resources Provides Exploration Update on Windfall and Lookout Mountain Projects at Its Eureka Property in Nevada

    TSX-V: TBR) ("Timberline" or the "Company") announces an exploration update on its 23-square mile Eureka property (Figure 1) in Nevada's prolific Battle Mountain - Eureka gold trend. At the Windfall project, Timberline's exploration is focused on additional drilling to support development of an initial open-pittable oxide resource estimate. Work also continues at the Lookout Mountain Project on expansion of high-grade gold mineralization within the current resource area, and nearby at Oswego on the recently defined high-grade gold target.

  • ACCESSWIRE5 months ago

    Timberline Resources Announces Board Changes and Adds Nevada Battle Mountain Exploration Expertise

    TSX-V: TBR) ("Timberline" or the "Company") is pleased to announce that Mr. Donald J. McDowell and Mr. David C. Mathewson have joined the Company's Board of Directors. Mr. Mathewson has greater than 50 years of exploration experience, primarily focused in Nevada.

  • ACCESSWIRE5 months ago

    Timberline Resources Announces Gold and Copper Assay Results for the Elder Creek Project, Battle Mountain District, Nevada

    TSX-V: TBR) ("Timberline" or the "Company") announced today that geologic mapping, surface sampling, and an aeromagnetic survey have defined a large porphyry copper target on the Elder Creek project in the Battle Mountain District of Nevada. Timberline has entered into a purchase and sale agreement with America's Gold Exploration Inc. pursuant to which it may obtain the right to acquire a 65% interest in the 41 km2 property by spending US$5.1 million over 6 years through an earn-in joint venture agreement with McEwen Mining Inc. Additional details of the transaction are available in a previous news release dated May 24, 2018 at http://timberlineresources.co/press-releases. Rock geochemical sampling results (Table 1), along with geologic (Figures 1 and 2), and geophysical (Figure 3) characteristics evident at Elder Creek are common to major porphyry copper deposits.

  • ACCESSWIRE5 months ago

    Timberline Resources Announces High-Grade Gold and Silver Assay Results from the Oswego Trend, Eureka Project, Nevada

    COEUR D'ALENE, ID / ACCESSWIRE / June 12, 2018 / Timberline Resources Corporation (OTCQB: TLRS; TSX-V: TBR) ("Timberline" or the "Company") announced today that results of surface rock ...

  • ACCESSWIRE6 months ago

    Timberline Resources Announces Gold Assay Results for the Paiute Project, Battle Mountain District, Nevada

    COEUR D'ALENE, ID / ACCESSWIRE / May 24, 2018 / Timberline Resources Corporation (OTCQB: TLRS; TSX-V: TBR) ("Timberline" or the "Company") announced today that mapping and surface sampling ...

  • ACCESSWIRE6 months ago

    Timberline Resources Signs Definitive Agreement to Acquire Battle Mountain Gold-Copper Property Interests

    TSX-V: TBR) ("Timberline" or the "Company") announced today that it has signed a definitive purchase and sale agreement (the "Agreement") to acquire ownership interests in two Nevada gold-copper mineral properties located in the world-class Battle Mountain mining district (the "Properties") from Americas Gold Exploration, Inc. ("AGEI"). The acquisition includes the right to earn into existing joint venture agreements with McEwen Mining Inc. ("McEwen") at the Elder Creek Project, and with Lac Minerals (USA) LLC, a wholly owned subsidiary of Barrick Gold Corporation ("LAC") at the Paiute Project.

  • ACCESSWIRE6 months ago

    Timberline Announces Second Quarter 2018 Financial Results

    COEUR D'ALENE, ID / ACCESSWIRE / May 11, 2018 / Timberline Resources Corporation (OTCQB: TLRS; TSX-V: TBR) (''Timberline'' or the ''Company'') today announced consolidated financial results for its second ...

  • ACCESSWIRE6 months ago

    Timberline Resources Closes Private Placement Financing

    TSX-V: TBR) ("Timberline" or the "Company") announced that it has received final approval from the TSX Venture Exchange for its private placement and has closed its previously announced non-brokered private placement (the "Offering"). In connection with the closing of the over-subscribed Offering, the Company has issued 7,500,000 units ("Units") at a price of US$0.08 for gross consideration of US$600,000. The Company intends to use the net proceeds of the Offering for working capital, costs associated with property and claim maintenance, advancement of the Company's agreement with Americas Gold Exploration, Inc. ("AGEI") and exploration expenses.

  • ACCESSWIRE6 months ago

    Timberline Resources Announces Private Placement Offering

    TSX-V: TBR) ("Timberline" or the "Company") announced today that it has initiated a non-brokered US$500,000 private placement offering of Units of the Company at a price of US$0.08 per Unit, with an option to increase the offering by up to 20%, solely to persons who qualify as accredited investors (the "Offering") under Rule 506(b) of Regulation D promulgated by the SEC under the Securities Act of 1933, as amended (the "Securities Act"). Each Unit consists of one share of common stock of the Company and one common share purchase warrant (each a "Warrant"), with each Warrant exercisable to acquire an additional share of common stock of the Company at a price of US$0.14 per share until the warrant expiration date of April 30, 2021.

  • ACCESSWIRE7 months ago

    Timberline Resources Agrees to Acquire Battle Mountain Gold-Copper Property Interests

    TSX-V: TBR) ("Timberline" or the "Company") announced today that it has agreed to acquire ownership interests in two Nevada gold-copper mineral properties located in the world-class Battle Mountain mining district from Americas Gold Exploration, Inc. ("AGEI"). The acquisition will include the right to earn into existing joint venture agreements with McEwen Mining Inc. (MUX) at the Elder Creek Project and with Lac Minerals (USA) LLC, as a wholly owned subsidiary of Barrick Gold Corporation (ABX) at the Paiute Project.

  • ACCESSWIRE7 months ago

    Timberline Resources Re-initiates Eureka Project Exploration and Relinquishes Talapoosa Property Option

    COEUR D' ALENE, ID / ACCESSWIRE / April 3, 2018 / Timberline Resources Corporation (OTCQB: TLRS; TSX-V: TBR) ("Timberline" or the "Company") announces that it is refocusing its exploration ...

  • ACCESSWIRE9 months ago

    Timberline Resources Grants Stock Options

    COEUR D' ALENE, ID / ACCESSWIRE / February 6, 2018 / Timberline Resources Corporation (OTCQB: TLRS; TSX-V: TBR) ("Timberline" or the "Company") announces that, pursuant to its stock ...

  • ACCESSWIRE11 months ago

    Timberline Resources Announces 2017 Financial Results and Closes Private Placement Financing

    COEUR D'ALENE, ID / ACCESSWIRE / December 21, 2017 / Timberline Resources Corporation ( OTCQB: TLRS; TSX-V: TBR ) ("Timberline" or the "Company") announced consolidated financial results ...