Timberline Resources Corporation
Business Description
We were incorporated in the State of Idaho in August 1968 under the name Silver
Crystal Mines, Inc., to engage in the business of exploring for precious metal
deposits and advancing them toward production. We ceased exploration activities
during the 1990s and became virtually inactive. In December 2003, a group of
investors purchased 80-percent of the issued and outstanding common stock from
the then-controlling management team. In January 2004, we affected a one-for-four
reverse split of our issued and outstanding shares of common stock and increased
the number of our authorized shares of common stock to 100,000,000 with a par
value of $0.001.
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