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Timberline Resources Corp.
Summary
| Project: | Paiute | |
|---|---|---|
| Deposit: | Paiute | |
| Location: | United States | |
| Commodities: | Gold-Silver-Arsenic-Barium | |
| Date: | 1/16/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-1-2020: Timberline Resources Corp. announces an Exploration/Drilling Update report for its Paiute deposit at the Paiute project. Drilling results incl. 216.4m @ 0.271g/t Au, 0.5g/t Ag, 72ppm As, 849ppm Ba, 0.3% S from 0.0m. Coeur d’Alene, Idaho – Janua | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Steven Osterberg (Internal) | |
| ABSTRACT: | Coeur d’Alene, Idaho – January 16, 2020 – Timberline Resources Corporation (OTCQB: TLR; TSX-V: TBR) (“Timberline” or the “Company”) announced that its first two drill holes at the Paiute project in the Battle Mountain district of Nevada intercepted long intervals of disseminated gold mineralization in granodiorite porphyry and contact metamorphosed sandstone (Figure 1, Table 1). Both reverse circulation (RC) holes were terminated in mineralized, hard, silicified rock because of limitations of the drill rig. Timberline owns approximately 78% of the Paiute project in a Joint Venture (“JV”) with Nevada Gold Mines, LLC. | |
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