The Conversation (0)
Timberline Resources Corporation (CVE:TBR,AMEX:TLR) reports results from underground drilling at the Butte Highlands gold project, Montana.
The press release is quoted as saying:
Results reported today are from the first 24 holes in a planned 86-hole, 49,500-foot (15,000-metre) underground diamond drilling program, designed for detailed delineation of the mineralization and underground mine planning at the project where production development is well underway as a result of Timberline’s innovative joint venture financing.
Timberline’s President and CEO, Paul Dircksen says:
“We are extremely pleased with these results from our underground drill program at Butte Highlands. This current program serves to outline the first several years of production for mine planning purposes. These results contribute to our objective of advancing the Butte Highlands project from exploration through to production and positive cash flow. We expect to continue this model with similar results at our other projects.”
Click here to access the entire news release.