Timberline Resources Corporation

Projects

43-101 Gold Resource

 
Lookout Mountain Gold Resources

Measured      Indicated       Measured & Indicated
Tons oz Au/ton oz Au   Tons oz Au/ton oz Au   Tons oz Au/ton oz Au
3,043,000 0.035 106,000   25,897,000 0.016 402,000   28,940,000 0.018 508,000
                     
        Inferred        
        Tons oz Au/ton oz Au        
        11,709,000 0.012 141,000        
 
Lookout Mountain Gold Resources
Oxidized Material
Cutoff
(oz Au/ton)
Measured      Indicated       Measured & Indicated
Tons oz Au/ton oz Au   Tons oz Au/ton oz Au   Tons oz Au/ton oz Au
0.003 3,209,000 0.018 58,000   38,209,000 0.011 404,000   41,418,000 0.011 462,000
0.006 2,635,000 0.021 56,000   25,270,000 0.014 351,000   27,905,000 0.015 407,000
0.008 2,278,000 0.024 54,000   18,368,000 0.017 307,000   20,646,000 0.018 361,000
0.010 1,933,000 0.026 51,000   13,539,000 0.020 266,000   15,472,000 0.021 317,000
0.015 1,344,000 0.033 44,000   7,649,000 0.026 198,000   8,993,000 0.027 242,000
0.030 367,000 0.064 24,000   1,830,000 0.044 79,000   2,197,000 0.047 103,000
0.050 125,000 0.119 15,000   290,000 0.080 23,000   415,000 0.092 38,000
0.100 51,000 0.194 10,000   52,000 0.165 9,000   103,000 0.179 19,000
                       
Cutoff
(oz Au/ton)
Inferred                
Tons oz Au/ton oz Au                
0.003 21,965,000 0.008 180,000                
0.006 11,673,000 0.012 140,000                
0.008 7,758,000 0.015 114,000                
0.010 5,321,000 0.017 93,000                
0.015 2,627,000 0.024 62,000                
0.030 523,000 0.040 22,000                
0.050 62,000 0.072 5,000                
0.100 2,000 0.488 1,000                
 
Unoxidized Material
Cutoff
(oz Au/ton)
Measured   Indicated   Measured & Indicated
Tons oz Au/ton oz Au   Tons oz Au/ton oz Au   Tons oz Au/ton oz Au
0.003 1,325,000 0.047 62,000   3,321,000 0.024 71,000   4,646,000 0.031 141,000
0.006 1,137,000 0.054 61,000   2,418,000 0.031 69,000   3,555,000 0.038 136,000
0.008 1,037,000 0.058 61,000   2,037,000 0.036 67,000   3,074,000 0.043 134,000
0.010 946,000 0.063 60,000   1,734,000 0.041 65,000   2,680,000 0.049 130,000
0.015 767,000 0.075 58,000   1,287,000 0.051 60,000   2,054,000 0.060 123,000
0.030 408,000 0.123 50,000   627,000 0.082 49,000   1,035,000 0.098 101,000
0.050 273,000 0.165 45,000   273,000 0.138 38,000   546,000 0.152 83,000
0.100 171,000 0.219 38,000   133,000 0.212 29,000   304,000 0.216 66,000
                       
Cutoff
(oz Au/ton)
Inferred                
Tons oz Au/ton oz Au                
0.003 1,012,000 0.011 17,000                
0.006 542,000 0.016 14,000                
0.008 380,000 0.019 13,000                
0.010 285,000 0.022 12,000                
0.015 160,000 0.027 9,000                
0.030 36,000 0.043 4,000                
0.050 - - -                
0.100 - - -                
 
Notes:
  1. 0.006 opt (0.21 g/t) cut-off applied to oxidized material to capture mineralization potentially available to open pit extraction and heap leach processing.
  2. 0.030 opt (1.03 g/t) cut-off applied to unoxidized material to capture mineralization potentially available to open pit extraction and lower heap leach recoveries or sulfide processing.
  3. Rounding may cause apparent discrepancies.
  4. The effective date of the Lookout Mountain updated gold resources is February 20, 2013.
  5. The resource includes 9,000 oz Au Indicated and 36,000 oz Au Inferred from the South Adit Gold Resource
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