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Timberline Resources Corporation: Timberline Drills More Oxide and High-Grade Gold at Eureka Project, Nevada; Appoints New Director Timberline Resources Corporation (OTCQB:TLRS)(TSXV:TBR) ("Timberline" or the "Company") is pleased to announce results for the final five holes of the 2020 reverse circulation (RC) drill program at its 100%-controlled Eureka Project in Nevada. The results include considerable near-surface oxide gold mineralization and two high-grade intercepts above 4.0 grams of gold per tonne (g/t). The primary objectives of the 12-hole, 2,438m (8,000 ft) RC drill program were ...

11.76 The Goldstone discovery is hosted by a Breccia within the Early to Middle Jurassic Ladner Group. The Ladner Group sits unconformably to the east of the Early Jurassic Hozameen Group, separated by the Hozameen fault. The Ladner Group is distinguished from the other sediments by its rusty appearance on weathered surfaces due to its relatively high pyrite content. The tourmaline breccia pipes, which host the historic copper/silver/gold mineralization at the Giant Copper property, are all confined to the Ladner Group. Significant assay intervals reported represent apparent widths. Insuffici...