Timberline Issues Statement Required by the NYSEMKT
20 Diciembre 2013 - 10:00PM
Marketwired
Timberline Issues Statement Required by the NYSEMKT
COEUR D'ALENE, IDAHO--(Marketwired - Dec 20, 2013) - Timberline
Resources Corporation (NYSEMKT:TLR)(TSX-VENTURE:TBR) ("Timberline"
or the "Company") reported that its audited consolidated financial
statements for the fiscal year ended September 30, 2013, included
in the Company's Annual Report on Form 10-K, which was filed with
the Securities and Exchange Commission on December 18, 2013,
contained an audit opinion from its independent public accounting
firm which includes a going concern qualification.
This announcement is made pursuant to NYSEMKT Company Guide
Section 610(b), which requires separate disclosure of receipt of
such an audit opinion. This press release does not represent any
change or amendment to the Company's Annual Report on Form 10-K for
the year ended September 30, 2013.
About Timberline Resources
Timberline Resources Corporation is exploring and developing
advanced-stage gold properties in the western United States.
Timberline holds a 50-percent carried interest ownership stake in
the Butte Highlands Joint Venture in Montana. Timberline's
exploration is primarily focused on the major gold districts of
Nevada, where it is advancing its flagship Lookout Mountain Project
toward a production decision while exploring a pipeline of quality
earlier-stage projects at its South Eureka Property and elsewhere.
Timberline management has a proven track record of discovering
economic mineral deposits that are developed into profitable
mines.
Timberline is listed on the NYSEMKT where it trades under the
symbol "TLR" and on the TSX Venture Exchange where it trades under
the symbol "TBR".
Forward-looking Statements
Statements contained herein that are not based upon current or
historical fact are forward-looking in nature and constitute
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. Such forward-looking statements reflect the Company's
expectations about its future operating results, performance and
opportunities that involve substantial risks and uncertainties.
These statements include but are not limited to statements
regarding the timing and results of the Company's continued
exploration and drill program at South Eureka and Lookout Mountain,
the timing of assay results from such drilling program being
released, the timing and results of the Company's metallurgical
testing at Lookout Mountain, the Company's ability to expand and
upgrade the South Eureka resource, the timing or results of the
Company's exploration and development plans and programs at Butte
Highlands, including the timing of obtaining necessary permits, the
development of and production at the Company's Butte Highlands
project and projects on its South Eureka property, the potential
life of the mine at the Butte Highlands project, the targeted
production date for the Butte Highlands project, targeted date for
production at South Eureka, the potential for a heap-leach mine at
South Eureka, and possible growth of the Company and the Company's
expected operations, including potential development of an open pit
extraction and heap leach processing and operation at South Eureka.
When used herein, the words "anticipate," "believe," "estimate,"
"upcoming," "plan," "target", "intend" and "expect" and similar
expressions, as they relate to Timberline Resources Corporation,
its subsidiaries, or its management, are intended to identify such
forward-looking statements. These forward-looking statements are
based on information currently available to the Company and are
subject to a number of risks, uncertainties, and other factors that
could cause the Company's actual results, performance, prospects,
and opportunities to differ materially from those expressed in, or
implied by, these forward-looking statements. Factors that could
cause or contribute to such differences include, but are not
limited to, the Company not timely receiving necessary regulatory
approval for the issuance of the shares of common stock, the timing
and completion of the drilling programs at Butte Highlands and
South Eureka, risks and uncertainties related to mineral estimates,
risks related to the inherently dangerous activity of mining, and
other such factors, including risk factors discussed in the
Company's Annual Report on Form 10-K for the year ended September
30, 2013. Except as required by Federal Securities law, the Company
does not undertake any obligation to release publicly any revisions
to any forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Timberline Resources CorporationPaul DircksenCEO208.664.4859
Timberline Resources (TSXV:TBR)
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