36% Increase to Timberline’s Lookout Mountain Gold Resource Estimate

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