TIMBERLINE RESOURCES CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Audited) (USD $)	12 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
REVENUES	$ 0	$ 0
COST OF REVENUES	0	0
GROSS PROFIT	0	0
OPERATING EXPENSES:
Mineral exploration expenses	4,367,861	2,221,262
Salaries and benefits	1,075,044	1,340,460
Professional fees expense	306,289	927,535
Insurance expense	89,849	61,181
Other general and administrative expenses	1,334,992	1,337,502
TOTAL OPERATING EXPENSES	7,174,035	5,887,940
LOSS FROM OPERATIONS	(7,174,035)	(5,887,940)
OTHER INCOME (EXPENSE):
Other income		181,977
Foreign exchange gain (loss)	5,774	(4,073)
Related party interest income		2,467
Interest income	7,545	13,049
Related party interest expense	(527,272)	(556,625)
TOTAL OTHER INCOME (EXPENSE)	(513,953)	(363,205)
NET INCOME LOSS BEFORE INCOME TAXES	(7,687,988)	(6,251,145)
INCOME TAX BENEFIT	852,122	408,031
NET LOSS FROM CONTINUING OPERATIONS	(6,835,866)	(5,843,114)
INCOME FROM DISCONTINUED OPERATIONS, NET OF TAX	4,506,356	92,286
NET LOSS	$ (0.04)	$ (0.13)
OTHER COMPREHENSIVE INCOME:
Unrealized gain on available-for-sale equity security	29,800	456,600
COMPREHENSIVE LOSS	$ (2,299,710)	$ (5,294,228)
NET INCOME (LOSS) PER SHARE AVAILABLE TO COMMON STOCKHOLDERS, BASIC AND DILUTED:
CONTINUING OPERATIONS	$ (0.12)	$ (0.13)
DISCONTINUED OPERATIONS	$ 0.08	$ 0.00
NET LOSS	$ (0.04)	$ (0.13)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, BASIC AND DILUTED	58,898,465	45,153,565