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Timberline Resources Corp and Subsidiaries Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
OPERATING EXPENSES:        
Mineral exploration $ 30,221 $ 312,960 $ 189,452 $ 612,987
Salaries and benefits 49,931 49,326 242,545 120,987
Professional fees 10,224 56,924 129,689 219,456
Insurance expense 21,607 21,961 73,785 70,008
Other general and administrative 50,087 30,592 300,409 137,969
Impairment loss on claims - Elder Creek 1,218,715 0 1,218,715 0
TOTAL OPERATING EXPENSES 1,380,785 471,763 2,154,595 1,161,407
LOSS FROM OPERATIONS (1,380,785) (471,763) (2,154,595) (1,161,407)
OTHER INCOME (EXPENSE):        
Foreign exchange gain (loss) (691) (64) (297) 688
Loss on extinguishment of debt - related party 0 0 (195,611) 0
Interest expense (3,230) (48,018) (22,761) (126,710)
Interest expense - related party (47,075) 0 (138,187) 0
Miscellaneous other income 3 4 28 11
TOTAL OTHER INCOME (EXPENSE) (50,993) (48,078) (356,828) (126,011)
LOSS BEFORE INCOME TAXES (1,431,778) (519,841) (2,511,423) (1,287,418)
INCOME TAX PROVISION (BENEFIT) 0 0 0 0
NET LOSS $ (1,431,778) $ (519,841) $ (2,511,423) $ (1,287,418)
NET LOSS PER SHARE BASIC AND DILUTED $ (0.02) $ (0.01) $ (0.03) $ (0.02)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, BASIC AND DILUTED 74,895,260 61,511,335 74,265,698 61,172,171