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Timberline Resources Corp.
Summary
| Project: | Elder Creek | |
|---|---|---|
| Deposit: | Elder Creek | |
| Location: | United States | |
| Commodities: | Copper-Molybdenum-Gold-Silver | |
| Date: | 7/9/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-7-2019: Timberline Resources Corp. announces an Exploration/Drilling Update report for its Elder Creek deposit at the Elder Creek project. Drilling results incl. 515.3m @ 0.07% Cu, 212ppm Mo, 2g/t Ag from 82.3m. Coeur d’Alene, Idaho – July 9 2019 – Timb | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Steven Osterberg (Internal) | |
| ABSTRACT: | Coeur d’Alene, Idaho – July 9 2019 – Timberline Resources Corporation (OTCQB: TLRS; TSX-V: TBR) (“Timberline” or the “Company”) today announced results of recently completed Phase 2 drilling at the Elder Creek porphyry copper-molybdenum-gold-silver project in Nevada’s Battle Mountain mining district. Reverse circulation (RC) hole RCEC19-01 was drilled to a depth of 1,960 feet (600 meters) to target the heart of the IP/resistivity (IP) geophysical anomaly identified in December, 2018 (Figure 1)(see press release dated January 8, 2019 at http://timberlineresources.co/press-releases/). RCEC19-01 intercepted approximately 590 feet (180 m) of intensely stockwork quartz-veined, altered (quartz-biotite ± sericite) Harmony Formation quartzite and hornfels and an underlying thick section of 1,361 ft (415 m) of intensely-altered, quartz-feldspar, variably porphyritic intrusive rock (Figure 2). Alteration of the intrusion is dominated by quartz-sericite with variable chlorite and biotite. Porphyry style mineralization is visible throughout and is especially notable within the intrusive phase as pyritechalcopyrite ± molybdenite, with anomalous copper, molybdenum, and silver (Table 1). | |
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