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TIMBERLINE RESOURCES CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Sep. 30, 2015
Sep. 30, 2014
OPERATING EXPENSES:    
Mineral exploration expenses $ 1,527,638 $ 899,113
Salaries and benefits 933,505 857,765
Professional fees expense 388,167 360,161
Insurance expense 114,307 79,084
Abandonment of mineral rights 556,000 100,000
Gain on disposal of equipment   (16,565)
Gain on lease of mineral rights (124,638)  
General and administrative expenses 596,342 408,688
TOTAL OPERATING EXPENSES 3,991,321 2,688,246
LOSS FROM OPERATIONS (3,991,321) (2,688,246)
OTHER INCOME (EXPENSE):    
Foreign exchange loss (17,938) (2,557)
Interest income (expense), net 175 (17,083)
Financing transaction expense (274,049)  
Loss on settlement of prepaid drilling services (89,315) (70,000)
TOTAL OTHER INCOME (EXPENSE) (381,127) (89,640)
LOSS BEFORE INCOME TAXES (4,372,448) (2,777,886)
INCOME TAX PROVISION 0 0
NET LOSS $ (4,372,448) $ (2,777,886)
NET LOSS PER SHARE AVAILABLE TO COMMON STOCKHOLDERS, BASIC AND DILUTED $ (0.40) $ (0.42)
WEIGHTED-AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, BASIC AND DILUTED 10,999,230 6,674,196