The Prospector News

Timberline Announces Advanced Development Progress at Butte Highlands Gold Project

You have opened a direct link to the current edition PDF

Open PDF Close

Share this news article

Timberline Announces Advanced Development Progress at Butte Highlands Gold Project







Timberline Resources Corporation (NYSE MKT:TLR)(TSX VENTURE:TBR) announced today that its joint venture company, Butte Highlands JV, LLC has received required approvals from the Mine Safety and Health Administration to access the Company’s underground gold mine being developed at the Butte Highlands Gold Project in southwest Montana. BHJV received MSHA approvals for its ventilation plan, escapeway plan, and its mine rescue plan. Preparations are well underway, and, with this authorization, further underground development work may commence, including additional underground exploration drilling and groundwater monitoring and dewatering wells.



Timberline President and CEO Paul Dircksen commented, “We are pleased that BHJV has received these MSHA authorizations and is now able to commence a number of initiatives in preparation for gold production. With the publication of our Draft Environmental Impact Statement related to the Hard Rock Operating Permit anticipated within a few days, and the expectation that our remaining two permit issuances are on the horizon, our JV partner is actively conducting additional exploration and preparing for further development and subsequent production.”


Preparations for additional development work at the Butte Highlands Gold Project include:


--  Site administration personnel and the initial mining staff have been
--  Installation of one additional groundwater monitoring well has been
    completed, and a second monitoring well is underway.
--  A contractor is mobilizing to install an additional dewatering well.
--  An underground drilling contractor has mobilized equipment to the site
    in preparation for additional exploration and delineation drilling which
    will begin shortly.
--  Site testing has been completed and plans finalized for installation of
    water discharge facilities per the requirements of the final MPDES water
    discharge permit issued and effective as of August 1, 2013.
--  Plans are complete for development of a required secondary escapeway
    from the mine.
--  Installation of power supply generators is complete.
--  Procurement and delivery of mining and support equipment is ongoing.



Timberline owns a 50-percent carried-to-production interest in BHJV, which owns the Butte Highlands Gold Project where mining is expected to commence following the issuance of the final hard rock operating permit and the U.S. Forest Service approval of a road-use plan of operations for material haulage. Timberline’s joint venture partner has and will continue to fund all mine development costs through to commercial production with Timberline’s share of those costs to be repaid from proceeds of future mine production.


About Timberline Resources


Timberline Resources Corporation is exploring and developing advanced-stage gold properties in the western United States. Timberline holds a 50-percent carried interest ownership stake in the Butte Highlands Joint Venture in Montana. Timberline’s exploration is primarily focused on the major gold districts of Nevada, where it is advancing its flagship Lookout Mountain Project toward a production decision while exploring a pipeline of quality earlier-stage projects at its South Eureka Property and elsewhere. Timberline management has a proven track record of discovering economic mineral deposits that are developed into profitable mines.

Posted September 4, 2013

Share this news article


Agnico Eagle and Kirkland Lake Gold Announce Merger of Equals to Create Highest-Quality Senior Gold Producer

Agnico Eagle Mines Limited (TSX: AEM) (NYSE: AEM) and Kirkland L... READ MORE

September 28, 2021

Sokoman Expands 75 Zone and Releases Additional Results from Eastern Trend, Moosehead Gold Project, Central Newfoundland

New Structure Intersected 300 m East of Eastern Trend;  Barge-Ba... READ MORE

September 28, 2021

Benchmark Warrants Fully Exercised As 100,000 Metre Drill Program Will Lead to Resource Expansion and Preliminary Economic Assessment

Benchmark Metals Inc. (TSX-V: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) ... READ MORE

September 28, 2021

Pure Gold Mining Inc. Closes Bought Deal Offering for Gross Proceeds of C$23 Million

Pure Gold Mining Inc. (TSX-V:PGM) (LSE:PUR) is pleased to announc... READ MORE

September 28, 2021

FenixOro Drills 23.2 g/t Gold in Newly Discovered Cascada Vein, Significantly Increases Resource Potential on Northwest Corridor at Abriaqui Gold Deposit

FenixOro Gold Corp (CSE:FENX) (OTCQB:FDVXF) (Frankfurt:8FD) is p... READ MORE

September 28, 2021

We acknowledge the [financial] support of the Government of Canada.

Government of Canada Supported
Copyright 2021 The Prospector News