Great News Released by Timberline Resources
A Real Resource Play Developing Here
Here is a link to the press release: https://www.otcmarkets.com/stock/TLRS/news/Timberline-Resources-Announces-Gold-and-Copper-Assay-Results-for-the-Elder-Creek-Project-Battle-Mountain-District-Nevada?id=195579
Below are some highlights.
Timberline Resources Announces Gold and Copper Assay Results for the Elder Creek Project, Battle Mountain District, Nevada.
I agree with the comments of Timberline Resources Chairman and CEO.
"The occurrence of copper and gold in outcrop over such large areas, combined with our extensive geologic, geochemical, and geophysical data sets, supports our belief that a major, mineralized system developed at Elder Creek."
The sampling results were impressive.
The Company recently collected twelve (12) surface grab samples to complement 41 rock samples collected in 2013 (Table 1) across the Elder Creek project area (Figures 1 and 2). Twenty-five (25) of the samples contain elevated copper mineralization (>1,000 ppm), with thirteen (13) of those over 1% copper (>10,000 ppm) and reaching a maximum of 17% in a sample taken from a copper-oxide mineralized outcrop. Gold assays in excess of 1 gram per tonne (g/t) (1,000 ppb) were also noted in multiple locations, with elevated levels of indicator minerals, including bismuth, molybdenum, and arsenic, present in many samples as well. These assay results corroborate those from over 1,100 rock samples that have been documented from the same area, including numerous duplicate samples from individual outcrops. Additional metallogenic associations, together with the Company's new interpretive exploration models are presented and further described at http://timberlineresources.co/projects/ElderCreek