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Timberline Identifies Large IP-Resistivity Anomaly at the Eureka Gold Project, Nevada

Timberline Drills More Oxide and High-Grade Gold at Eureka Project, Nevada; Appoints New Director

Timberline Resources Corporation: Timberline Drills More Oxide and High-Grade Gold at Eureka Project, Nevada; Appoints New Director

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).