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Timberline Resources Corp

TSXV:TBRUS:TLRS
No current share price held for this company.

Past year: ▲ 117%(6.00c – 16.0c CAD)

Market cap
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Shares on issue
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Story beats
28 since 2006
Last event
20 Sept 2024

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

15 Nov 2023resource reserve update▲ Good

Timberline issued a further updated mineral resource estimate at Eureka, this one under the NI 43-101 Canadian standard, continuing to refresh the project's resource base for both US and Canadian investors.

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14 July 2023resource reserve update▲ Good

Timberline announced an updated mineral resource estimate at Eureka under SEC's newer S-K 1300 reporting standard, continuing to build out the resource base at its core Nevada project.

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14 Sept 2022drilling result▲ Good

Timberline reported a strong drill intercept at Eureka - 22.8 metres at 4.29 g/t gold in a southern extension of the Water Well zone - continued positive exploration results on its now wholly-owned flagship project.

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31 Jan 2022drilling progress report▲ Good

Timberline completed its 2021 drilling campaign at the Eureka gold project in Nevada, the ground that had reverted to full Timberline ownership after the PM&Gold Mines joint venture lapsed in 2020.

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10 Sept 2019drilling progress report▲ GoodMajor

Drilling started on the Lookout Mountain gold project in Nevada, the first work under the joint venture struck in July under which PM & Gold Mines can earn 51% by spending US$6 million over two years. Timberline is targeting the high-grade Carlin-style trend around a pit that produced 17,700 ounces in 1987 - and, importantly, is no longer paying for the drilling itself.

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20 June 2018drilling result▲ Good

Timberline reported gold and copper assay results from the newly acquired Elder Creek project in the Battle Mountain district - early validation of the McEwen Mining joint-venture ground gained through the May 2018 Americas Gold Exploration deal.

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13 June 2018drilling result▲ Good

Timberline reported high-grade gold and silver assays from the Oswego Trend at its Eureka project in Nevada - positive early results from the exploration re-focus after losing Talapoosa.

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26 Oct 2016farm in farm out agreement● Neutral

Timberline extended its option agreement to acquire the Talapoosa gold project from Gunpoint Exploration, keeping the option alive as it continued working toward development decisions on its flagship asset.

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28 May 2015resource reserve update▲ Good

Timberline filed the full Talapoosa preliminary economic assessment report with Canadian securities regulators, providing the detailed technical basis (prepared by a multi-firm team of geologists and engineers) for the project's positive economics.

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26 May 2015resource reserve update● Neutral

Timberline announced it had filed the Talapoosa preliminary economic assessment technical report - a follow-up disclosure of the same PEA results reported in late April.

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13 May 2015resource reserve update▲ Good

Timberline filed the formal NI 43-101 technical report and resource estimate for Talapoosa with Canadian regulators, backing up the earlier economic assessment with a fuller resource study.

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30 Apr 2015resource reserve update▲ GoodMajor

Timberline announced a preliminary economic assessment for Talapoosa showing a $136 million after-tax NPV and 39% IRR at $1,150/oz gold with $51 million in pre-production capital costs - strong early economics for the newly optioned project.

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1 Mar 2013resource reserve update▲ Good

Timberline announced a 30% increase in the measured-and-indicated gold resource at Lookout Mountain - continued resource growth at the flagship Nevada project gained through the Staccato acquisition.

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3 Oct 2011drilling result▲ Good

Timberline reported another solid intercept at Lookout Mountain (62.5 metres of 1.48 g/t gold) and said it was expanding drilling at the nearby South Eureka project - continued positive exploration news on the Staccato-acquired Nevada ground.

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6 Apr 2011drilling result▲ Good

Timberline reported a strong drill hit at Butte Highlands - 33.6 feet of 1.65 oz/ton gold, including a 5-foot interval at 10.45 oz/ton - some of the highest grades yet reported from the project.

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22 Dec 2010drilling result▲ Good

Timberline reported a stronger drill intercept at Lookout Mountain - 17.7 metres grading 12.1 g/t gold, a high-grade hit - continuing to build the case for the Nevada project gained through Staccato.

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15 Nov 2010drilling result▲ Good

Timberline reported a drill intercept of 100.6 metres grading 1.06 g/t gold at its newly acquired Lookout Mountain project in Nevada - early positive drilling news validating the Staccato Gold acquisition.

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12 May 2006resource reserve update▲ Good

Timberline signed a memorandum of understanding letting Christopher James Gold Corporation earn up to a 75% interest in Timberline's Olympic-Sun and Cedar Mountain gold projects in Nevada by spending up to $2.5 million on exploration and completing a feasibility study - a farm-out bringing in outside money to advance two Nevada gold prospects.

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