TIMBERLINE RESOURCES CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (interim period unaudited) - USD ($)		Jun. 30, 2015	Sep. 30, 2014
CURRENT ASSETS:
Cash		$ 352,944	$ 2,825,320
Prepaid expenses and other current assets		67,125	30,769
Joint venture receivable		5,753	11,576
Current portion of prepaid drilling services		144,315
TOTAL CURRENT ASSETS		570,137	2,867,665
PROPERTY, MINERAL RIGHTS AND EQUIPMENT		15,221,599	14,431,038
OTHER ASSETS:
Prepaid drilling services		220,000	440,000
Investment in joint venture		642,450	642,450
Restricted cash		962,404	971,854
Deposits and other assets		9,750	4,500
TOTAL OTHER ASSETS		1,834,604	2,058,804
TOTAL ASSETS		17,626,340	19,357,507
CURRENT LIABILITIES:
Accounts payable		68,098	140,697
Accrued expenses		62,000	57,419
Accrued directors' fees			91,000
Accrued payroll, benefits and taxes		47,278	35,958
TOTAL CURRENT LIABILITIES		177,376	325,074
LONG-TERM LIABILITIES:
Common stock payable			80,000
Asset retirement obligation		137,049	132,115
TOTAL LONG-TERM LIABILITIES		137,049	212,115
COMMITMENTS	[1]	0	0
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		(47,746,487)	(44,763,174)
TOTAL STOCKHOLDERS' EQUITY		17,311,915	18,820,318
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY		$ 17,626,340	$ 19,357,507

[1] Notes 5 and 11