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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

Timberline Resources Corp. Exploration mining and contract drilling

Stock symbol: TLR
Reporting period: 2 Q, ending March 31
Earnings:

Loss of $714,000

(1 cent per share)

Versus 2Q 2010:

Loss of $910,000

(2 cents per share)

REVENUE: $7.4 million
ANALYSIS: Timberline’s contract drilling business reported revenues of $7.44 million. Meanwhile, exploration work is under way at the company’s gold properties in Nevada.