Timberline Resources (AMEX: TLR)
A Diversified Mining Services Company with Exploration Blue-sky
Timberline Resources Corporation is a unique, growth-oriented company that combines positive cash flow from our ownership of Kettle Drilling Inc. with the "blue sky" upside of our mineral exploration division. They recognize that a powerful commodities bull market is underway and believe that it will continue for the rest of the decade and, perhaps, beyond. In Timberline, they've taken the complimentary businesses of contract drilling and mineral exploration and combined them into an investment vehicle that's unique to the junior resource sector. Their "revenue-backed exploration" model provides their shareholders with the opportunity to participate in the ongoing mining and mineral exploration booms without the degree of risk inherent to mine operation and/or sole reliance on speculative early-stage drill-plays.| Share Structure (As of 02/01/2008) Shares Outstanding: 25,000,000 Preferred Shares: 4,700,000 Options: 2,140,000 Warrants: 4,000,000 Fully Diluted: 35,840,000 Management Randal Hardy (CEO) Paul Dircksen (VP of Exploration and Director) John Swallow (Chairman and Executive VP) |
Corporate Info Company Contact: John Swallow 101 East Lakeside Coeur d'Alene, ID 83814 208-664-4859 Office 208-664-4860 Fax Transfer Agent Corporate Stock Transfer 3200 Cherry Creek Drive South Suite 430 Denver, CO 80209 |
Timberline Discusses Recent Corporate Developments, Its Future Plans, and Announces Investor Conference Call
Submitted by Investor Voices on Sun, 11/09/2008 - 6:30pm - TAGS:
Timberline Resources Corporation (NYSE:TLR) provided today a discussion of recent corporate developments and its future plans. The Company also announced that it will host a conference call with shareholders that will take place on Monday, November 10, 2008, at 1:30 p.m. Pacific time (4:30 p.m. Eastern time) and will be hosted by CEO Randal Hardy, VP of Exploration Paul Dircksen, and Chairman John Swallow. Details for joining the conference call are shown below.
Timberline Forms 50/50 Joint Venture At Butte Highlands With SMD, Agrees to Cancel Acquisition of SMD, and Completes $10-Million Debt/Equity Financing to Retire Bridge Loan Facility
Submitted by Investor Voices on Tue, 10/28/2008 - 7:44am - TAGS:
Timberline Resources Corporation (AMEX:TLR) announced today that it and Ron Guill have mutually agreed to cancel the agreement to acquire Small Mine Development, LLC (``SMD''), while simultaneously agreeing to form a 50/50 joint venture with SMD at Timberline's 100-percent owned, royalty-free Butte Highlands Gold Project. Under terms of the agreement, Timberline will be carried to production by SMD, which will fund all mine development costs and begin development next summer. Both Timberline's and SMD's 50-percent share of costs will be paid out of proceeds from future mine production.
Timberline Discovers High-Grade Gold Zone at Butte Highlands
Submitted by Investor Voices on Tue, 10/21/2008 - 8:53am - TAGS:
Timberline Resources Corporation (AMEX:TLR) today announced initial results from drilling at its 100-percent owned, royalty-free Butte Highlands Gold Project.
Timberline completed the first four holes (totaling 6,757 feet) of its planned 17-hole surface core drilling program before the early onset of heavy snowfall forced the cessation of exploration activities for the season. Assays have been received for the first three holes with results confirming known mineralized zones and identifying a new high-grade gold zone to the northwest. The program was designed to validate and expand the historic estimates, to obtain material for petrographic and metallurgical evaluation, and to assess 3-D control for planning and permitting the exploration decline and, ultimately, a producing mine.
Timberline Signs Letter of Intent to Amend the Purchase Agreement to Acquire Small Mine Development, LLC
Submitted by Investor Voices on Fri, 10/10/2008 - 7:56am - TAGS:
Timberline Resources Corporation (AMEX:TLR - News) announced today that it has signed a non-binding Letter of Intent to amend the purchase agreement to acquire Small Mine Development, LLC (``SMD''), one of the largest underground mine contractors in the United States. The Company expects to sign the definitive version of the amendment to the purchase agreement shortly.
Timberline Releases Highlights of Preliminary Economic Analysis for Its Butte Highlands Gold Project
Submitted by Investor Voices on Fri, 09/19/2008 - 7:59am - TAGS:
Timberline Resources Corporation (AMEX:TLR - News) today released highlights from a preliminary in-house economic analysis of its 100-percent owned, royalty-free Butte Highlands Gold Project in southwestern Montana.
Nearly 100,000 feet of past drilling by major and junior mining companies outlined historic mineralization (pre-dating and not compliant with NI 43-101 or SEC Guide 7) exceeding 500,000 ounces of gold. The preliminary analysis assumes the successful confirmation of this historic mineralization, including its tonnage and average grade, which is the primary objective of the current drill program. Highlights of the analysis include:
* A 2-year development time, primarily to drive an exploration
decline to access mineralization, which may also serve as a
production ramp, and cut underground drill stations, at an
estimated cost of $15-million to $18-million.
