Mr. Steven Osterberg reports

TIMBERLINE RESOURCES ANNOUNCES RESIGNATION OF DIRECTOR

William M. Sheriff has resigned from Timberline Resources Corp.'s board of directors effective April 26, 2016. Mr. Sheriff indicated that his resignation was due to the significant demands on his time from his other obligations. He expressed confidence in Timberline's leadership and projects, and he further indicated that he intends to remain a large shareholder of Timberline.

Leigh Freeman has been appointed to succeed Mr. Sheriff as the chairman of Timberline's board of directors. Mr. Freeman has been a director of Timberline for over three years, and has over 35 years of mining industry experience in a variety of technical, managerial and executive positions with junior and senior mining and service companies, including co-founder of Orvana Minerals and chief geophysicist at Placer Dome. He is currently self-employed as a consultant, and serves in leadership roles for the Society of Mining Engineers, and as an adviser to Montana Tech, University of Arizona and South Dakota School of Mines.

Steve Osterberg, Timberline's president and chief executive officer, commented: "On behalf of the board of directors, I would like to thank Bill for his contributions and insight during his service as chairman of the board, and wish him well in his current and future endeavours. We would also like to thank Leigh for his continued involvement and guidance, and for accepting the chairman's role."

We seek Safe Harbor.