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Timberline Reports Increased Resource Estimate for Lookout Mountain

Timberline Resources Corporation (TBR.V) has filed an updated NI 43-101 technical report on SEDAR demonstrating an increase to the gold resource estimate at its Lookout Mountain Gold Project in central Nevada.

Highlights:

- 508,000 ounces Measured & Indicated Gold Resource (28,940,000 tons at

0.018 opt gold)

- 106,000 ounces of Measured Gold Resource (3,043,000 tons at 0.035

opt gold)

- 402,000 ounces of Indicated Gold Resource (25,897,000 tons at 0.016

opt gold)

- 141,000 ounces Inferred Gold Resource

- (11,709,000 tons at 0.012 opt gold)

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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