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TIMBERLINE RESOURCES CORPORATION AND SUBSIDIARIES (An Exploration Stage Company) CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (UNAUDITED) (USD $)
3 Months Ended 26 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2013
OPERATING EXPENSES:      
Mineral exploration expenses $ 163,950 $ 806,191 $ 6,651,082
Gain on lease of mineral rights     (325,000)
Salaries and benefits 201,512 201,099 1,975,282
Professional fees expense 57,919 74,454 485,388
Insurance expense 22,313 25,313 229,305
Gain on disposal of equipment (16,565)   (16,565)
Other general and administrative expenses 79,214 127,433 1,478,452
TOTAL OPERATING EXPENSES 508,343 1,234,490 10,477,944
LOSS FROM OPERATIONS (508,343) (1,234,490) (10,477,944)
OTHER INCOME (EXPENSE):      
Foreign exchange loss (426) (671) (2,790)
Interest income 78 34,172 194,808
Related party interest expense     (29,608)
Impairment of other assets     (450.000)
Impairment of available-for-sale securities     (50,000)
TOTAL OTHER INCOME (EXPENSE), NET (348) 33,501 (337,590)
LOSS BEFORE INCOME TAXES (508,691) (1,200,989) (10,815,534)
INCOME TAX EXPENSE 0 0 0
NET LOSS (508,691) (1,200,989) (10,815,534)
OTHER COMPREHENSIVE INCOME (LOSS):      
Reclassification of net loss on available-for-sale equity securities included in net loss     (486,400)
COMPREHENSIVE LOSS $ (508,691) $ (1,200,989) $ (11,301,934)
NET LOSS PER SHARE AVAILABLE TO COMMON STOCKHOLDERS, BASIC AND DILUTED $ (0.01) $ (0.02)  
WEIGHTED AVERAGE SHARES OUTSTANDING, BASIC AND DILUTED 74,167,531 62,584,379