TIMBERLINE RESOURCES - TLRS STOCK NEWS

Timberline Resources Corporation (OTCQB:TLRS) has announced a non-brokered private placement for up to US$3,000,000 at a price of US$0.08 per unit. Each unit comprises one common share and a half-share purchase warrant, the latter exercisable at US$0.12 for three years. The proceeds will primarily fund exploration and development at the Eureka Project and general corporate purposes. The offering is subject to approval from the TSX Venture Exchange and is aimed at accredited investors. The securities issued will not be registered under the Securities Act, thereby limiting their sale in the U.S. or abroad absent exemptions. Forward-looking statements indicate potential risks that could affect the anticipated outcomes of the offering.

Timberline Resources Corporation (OTCQB:TLRS) has unveiled its exploration plans for 2023 at the Eureka Project in Nevada, focusing on gold and silver targets. The program will introduce drilling at New York Canyon, targeting carbonate replacement deposits, along with efforts at the Lookout Mountain and Water Well Zone. Important activities include metallurgical and environmental studies and updating operational plans with regulators. The Lookout Mountain resource, which has significant oxide mineralization, will see further testing. Timberline anticipates enhancing its mineral resources by year-end, leveraging historical geological data and new drilling insights.

Timberline Resources Corporation (TLRS) has identified a high-grade gold and silver target in the New York Canyon claim block of its 100%-controlled Eureka Project in Nevada. Recent rock samples revealed impressive values, including 750 g/t silver and 55 g/t gold. The company's exploration will focus on a cluster of high-grade samples found near historical mines. Consolidation of patented claims has enabled Timberline to pursue these targets, which hold significant potential for mineralization. The 2023 drill program will aim to explore these promising structures further.

Timberline Resources Corporation (OTCQB:TLRS, TSX-V:TBR) announced the final drill results from its 2022 drilling program at the Eureka Project in Nevada. The report highlights significant Carlin-type gold mineralization across eight drill holes totaling 2,549 meters. Key findings include drill holes BHSE-225C, 231C, and 241C, which contained gold intercepts of 29.0m at 1.06 g/t, 8.5m at 2.38 g/t, and 1.5m at 3.40 g/t, respectively. CEO Patrick Highsmith emphasized the potential for further discoveries, particularly in the Water Well Zone.

Timberline Resources Corporation (OTCQB:TLRS) announced new drill results from its Eureka Project in Nevada. The latest drilling confirmed significant gold mineralization across four of five tested holes, totaling 2,263 meters of the 6,662-meter program. Highlights include:

• BHSE-238C: 16.8m at 2.64 g/t gold
• BHSE-221C: 6.1m at 1.83 g/t gold
• BHSE-237C: 79.2m at 8.2 g/t silver

CEO Patrick Highsmith noted the results highlight the Carlin-type gold system's extension northward. More results are anticipated from ongoing drilling.

Timberline Resources Corporation (TLRS) announced positive initial results from its 2022 drilling program at the Eureka Project in Nevada. The first four drill holes, totaling 1,470 meters, encountered substantial gold mineralization. Notable highlights include 22.8m at 4.29 g/t gold and 30.5m at 2.56 g/t gold. The company aims to expand the high-grade zones and has additional drilling planned. The program is about 75% complete, with further results expected through Q4. Timberline's continued exploration underlines its commitment to increasing gold resources in this region.

Timberline Resources Corporation (OTCQB:TLRS) has launched its 2022 drill program at the Eureka Project in Nevada, focusing on the Water Well Zone (WWZ). This comprehensive program includes at least 5,500 meters of drilling, supported by geologic mapping and modeling. Significant prior results include high-grade intercepts, such as 41.1m at 5.03 g/t Au. Approximately 65% of the drilling budget will target WWZ, with additional efforts at the Oswego prospect. The drill program aims to expand mineralization understanding and bolster the company's gold resource potential in the Eureka Gold Belt.

Timberline Resources Corporation (OTCQB:TLRS) announced significant results from its 2021 drilling program at the Eureka Project in Nevada. Core hole BHSE-192C revealed 24.4m at 3.85 g/t gold and strong gold grades extending eastward. Additionally, core hole BHSE-206C confirmed increased mineralization of silver, lead, and zinc, with over 202.7m averaging 5.28 g/t Ag. These results support the potential for further drilling in the Water Well Zone and nearby targets this summer.