Timberline Resources Corporation (CVE:TBR) reports additional results from underground drilling at the Butte Highlands gold project, Montana.
The press release is quoted as saying:
Twelve intervals with gold grades greater than 0.10 opt (3.42 g/t) were identified within the nine new holes reported today. Highlights included Hole BHUG11-011 which contained a 13.8 foot (4.2 metre) interval grading 0.37 ounces per ton (opt) (12.7 grams per tonne (g/t)), including a 4.0 foot (1.2 metre) interval grading 1.13 opt (38.7 g/t), and BHUG11-013 which contained an 11.9 foot (3.6 metre) interval grading 0.31 opt (10.6 g/t), including a 2.9 foot (0.9 metre) interval grading 1.01 opt (34.6 g/t).
Timberline’s President and CEO, Paul Dircksen says:
“We are very pleased with our drilling to-date at Butte Highlands. Once this program is finished, we plan to compile the results into our comprehensive mining plan, complete the necessary underground development, and begin gold production.”