Underground Development at Butte Highlands
COEUR D'ALENE, Idaho, March 8, 2010 (GLOBE NEWSWIRE) -- Timberline Resources Corporation (NYSE Amex:TLR) ("Timberline") is pleased to announce that the underground ramp at its Butte Highlands Gold Project is steadily moving forward and has been advanced approximately 300 feet from the portal.
Small Mine Development (SMD), the mine development contractor, continues to assemble the required infrastructure at the project and refine the mine engineering. The decline, which measures approximately 16 feet by 16 feet, will be used to access the mineralized area for in-fill and definition drilling, as well as future mining. The drilling is expected to begin by June 2010.
Timberline's application for the hard rock operating permit is also moving ahead with the inclusion of specific mining and environmental mitigation details. Klepfer Mining Services is writing the application, and Timberline management expects that it will be submitted later this month.
Timberline Resources Corporation is a diversified gold company comprised of three complementary business units: an underground mine with upcoming gold production, exploration, and drilling services.
The company’s address is 101 E.