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Timberline Resources Corporation (TSXV:TBR) announced a 36% increase to its National Instrument 43-101 compliant gold resource estimate at its Lookout Mountain Gold Project within the Company’s South Eureka Property, which lies along the Battle Mountain – Eureka Trend of central Nevada.
Timberline Resources Corporation (TSXV:TBR) announced a 36% increase to its National Instrument 43-101 compliant gold resource estimate at its Lookout Mountain Gold Project within the Company’s South Eureka Property, which lies along the Battle Mountain – Eureka Trend of central Nevada.
As quoted in the press release:
Timberline’s updated gold resource estimate at Lookout Mountain, which was prepared by Mine Development Associates (“MDA”) of Reno, Nevada, consists of:
• 390,000 ounces Measured & Indicated Gold Resource
(20,765,000 tons at 0.019 opt gold (18,838,000 tonnes at 0.65 g/t))• 221,000 ounces Inferred Gold Resource
(18,385,000 tons at 0.012 opt gold (16,679,000 tonnes at 0.41 g/t))
Click here to read the Timberline Resources (TSXV:TBR) press release
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