Timberline Resources Corp.: Timberline Identifies Large IP-Resistivity Anomaly at the Eureka Gold Project, Nevada
COEUR D ALENE, ID / ACCESSWIRE / February 3, 2021 /
Timberline Resources Corporation (OTCQB:TLRS)(TSXV:TBR) ( Timberline or the Company ) today announced results of an Induced Polarization - Resistivity (IP) geophysical survey (Figure 1) at its 100%-controlled Eureka Project in Nevada. The IP survey included 28.4 line-kilometres over eight lines, focused primarily at the Lookout Mountain Target. IP can be an effective tool for mapping subsurface electrical characteristics of the rocks related to the distribution of sulfide minerals and organic carbon, which are often associated with Carlin-type gold deposits. IP surveys may also help map fault structures that are related to or crosscut mineralization.
Timberline Identifies Large IP-Resistivity Anomaly at the Eureka Gold Project, Nevada
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Timberline Drills More Oxide and High-Grade Gold at Eureka Project, Nevada; Appoints New Director
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Timberline Resources Corporation: Timberline Drills More Oxide and High-Grade Gold at Eureka Project, Nevada; Appoints New Director
Timberline Resources Corporation
(OTCQB:TLRS)(TSXV:TBR) ( Timberline or the Company ) is pleased to announce results for the final five holes of the 2020 reverse circulation (RC) drill program at its 100%-controlled Eureka Project in Nevada. The results include considerable near-surface oxide gold mineralization and two high-grade intercepts above 4.0 grams of gold per tonne (g/t). The primary objectives of the 12-hole, 2,438m (8,000 ft) RC drill program were to infill and expand the current mineral resource and test for deeper sulfide mineralization to the east in the graben structure (see Figure 1).