09:47 AM EST - Timberline Resources Corporation : announced the recognition of a new higher grade zone of gold mineralization at the Company's Eureka project in Nevada. Reverse circulation (RC) drill hole BHSE-171 intersected 25 feet of 0.144 ounces of gold per ton (opt) (7.62 metres (m) of 4.93 grams of gold per tonne (g/t)) within a longer 65 foot interval assaying 0.094 opt (19.82 m of 3.22 g/t) in the Lookout Mountain area. This hole was offset 140 feet from BHSE-152 (drilled in 2012) which first encountered the new zone but was not completed due to drilling difficulties. Additional drilling at Lookout Mountain and the previously announced drill program at the Windfall target is expected to recommence in the next two weeks. Timberline Resources Corporation
shares V.TBR are trading down $0.15 at $0.75.
