August 10, 2011 in Idaho

Timberline Resources Contract drilling and mining exploration

Stock symbol: TLR
Reporting period: 3Q ending June 30

Profit of $528,000

1 cent per share

Versus 3Q 2010:

Loss of $815,000

(2 cents per share)

REVENUE: $8.6 million
ANALYSIS: The company’s contract drilling business had a record quarter. Timberline continues to work on its mine exploration properties.

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