SPOKANE, Wash., Sept. 21, 2005 (PRIMEZONE) -- The management and directors of Timberline Resources Corporation (Pink Sheets:TBLC) invite the Company's current and future shareholders to join them at The Silver Summit 2005, September 22 and 23 at Templin's Resort in Post Falls, Idaho. President and CEO Stephen Goss, Chairman John Swallow, and other Timberline team members will be on hand to discuss the Company's recent developments.
The Silver Summit is presented by the Silver Valley Mining Association and has emerged as an outstanding showcase for local mineral exploration companies. This year's conference once again features an outstanding program of speakers and corporate attendees. For more information, visit the conference website at www.thesilversummit.com.
In other recent developments, Timberline also announced the following:
-- A drill rig has been mobilized for the initial program at the
Snowstorm Project and will be on-site to commence core drilling
later this week. Timberline can earn a 49-percent interest in the
project from Hecla Mining Company (NYSE:HL) by completing a
Phase I exploration program.
-- Timberline has completed the preparation of the documentation
necessary for its initial "Form 10" filing, as it seeks to become
a fully-reporting company. The filing is expected to occur next
week, following the conclusion of Timberline's Annual General
Meeting this Friday.
-- Finally, Timberline has launched its new website at
www.timberline-resources.com. Please visit the site for more
information on the Company and its activities.
Timberline Resources Corporation is a mineral exploration company focused on the cost-effective acquisition and exploration of promising mineral properties in the western United States. Timberline's flagship property is the Snowstorm Project in north Idaho's "Silver Valley", where it can earn a 49-percent interest from Hecla Mining Company in a bulk-tonnage stratabound copper-silver target, potentially similar to well-known deposits in western Montana. Timberline has less than 7.3 million shares outstanding and its common stock is quoted on the OTC Market under the symbol "TBLC".
Certain statements contained in this press release are "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on beliefs of management as well as assumptions made by, and information currently available to, management. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from expected results. The timing of the SEC registration and review process is inherently uncertain and may be delayed indefinitely, and if completed does not guarantee that Timberline will attract additional market attention or complete any necessary financing in the future, or that the price of Timberline's securities will rise.