TIMBERLINE RESOURCES CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (interim period unaudited) (USD $)	Mar. 31, 2015		Sep. 30, 2014
CURRENT ASSETS:
Cash	$ 1,018,804		$ 2,825,320
Prepaid expenses and other current assets	104,860		30,769
Joint venture receivable	2,188		11,576
Current portion of prepaid drilling services	144,315
TOTAL CURRENT ASSETS	1,270,167		2,867,665
PROPERTY, MINERAL RIGHTS AND EQUIPMENT	15,339,579		14,431,038
OTHER ASSETS:
Prepaid drilling services, net of current portion	220,000		440,000
Investment in joint venture	642,450		642,450
Restricted cash	971,854		971,854
Deposits and other assets	5,700		4,500
TOTAL OTHER ASSETS	1,840,004		2,058,804
TOTAL ASSETS	18,449,750		19,357,507
CURRENT LIABILITIES:
Accounts payable	169,934		140,697
Accrued expenses	110,000		57,419
Accrued director fees			91,000
Accrued payroll, benefits and taxes	40,600		35,958
TOTAL CURRENT LIABILITIES	320,534		325,074
LONG-TERM LIABILITIES:
Common stock payable			80,000
Asset retirement obligation	135,378		132,115
TOTAL LONG-TERM LIABILITIES	135,378		212,115
COMMITMENTS	0	[1]	0	[1]
STOCKHOLDERS' EQUITY:
Common stock, $0.001 par value; 200,000,000 shares authorized, 12,000,084 and 9,816,751 shares issued and outstanding, respectively	12,000		9,817
Additional paid-in capital	65,046,402		63,573,675
Accumulated deficit	(47,064,564)		(44,763,174)
TOTAL STOCKHOLDERS' EQUITY	17,993,838		18,820,318
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 18,449,750		$ 19,357,507

[1] Notes 5 and 11