Timberline Resources (TLRS) 10-K 20 Dec 17 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Sep. 30, 2017	Dec. 19, 2017	Mar. 31, 2017
Document and Entity Information
Entity Registrant Name	Timberline Resources Corp
Document Type	10-K
Document Period End Date	Sep. 30, 2017
Amendment Flag	false
Entity Central Index Key	1,288,750
Current Fiscal Year End Date	--09-30
Entity Common Stock, Shares Outstanding		35,437,819
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Entity Public Float			$ 13,652,590
Entity Incorporation, State Country Name	Delaware
Trading Symbol	tlrs

TIMBERLINE RESOURCES CORPORATIO

TIMBERLINE RESOURCES CORPORATION AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS - USD ($)		Sep. 30, 2017	Sep. 30, 2016
CURRENT ASSETS:
Cash		$ 67,154	$ 82,275
Prepaid expenses and other current assets		20,716	15,237
Accounts receivable		2,633
Available-for-sale equity securities			420,000
TOTAL CURRENT ASSETS		90,503	517,512
PROPERTY, MINERAL RIGHTS, AND EQUIPMENT, net	[1]	17,125,519	15,482,719
OTHER ASSETS:
Restricted cash		285,128	694,157
Deposits and other assets		9,750	9,750
TOTAL OTHER ASSETS		294,878	703,907
TOTAL ASSETS		17,510,900	16,704,138
CURRENT LIABILITIES:
Accounts payable		109,680	53,665
Accrued expenses	[2]	259,923	299,000
Accrued payroll, benefits and taxes		85,730	21,750
TOTAL CURRENT LIABILITIES		455,333	374,415
LONG-TERM LIABILITIES:
Asset retirement obligation		152,940	145,656
TOTAL LONG-TERM LIABILITIES		152,940	145,656
COMMITMENTS AND CONTINGENCIES	[3]	0	0
STOCKHOLDERS' EQUITY:
Preferred stock, $0.01 par value; 10,000,000 shares authorized, none issued and outstanding	[4]	0	0
Common stock, $0.001 par value; 200,000,000 shares authorized, 33,146,952 and 24,106,952 shares issued and outstanding, respectively	[4]	33,147	24,107
Additional paid-in capital		70,408,144	67,924,709
Accumulated deficit		(53,538,664)	(51,892,864)
Accumulated other comprehensive income:
Unrealized gain on available-for-sale equity securities, net of tax			128,115
TOTAL STOCKHOLDERS' EQUITY		16,902,627	16,184,067
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY		$ 17,510,900	$ 16,704,138
[1]	Note 5
[2]	Note 9
[3]	Notes 4, 10, 14
[4]	Note 12

Statement of Financial Position

Statement of Financial Position - Parenthetical - $ / shares	Sep. 30, 2017	Sep. 30, 2016
Statement of financial position
Preferred Stock, Par Value	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par Value	$ 0.001	$ 0.001
Common Stock, Shares Authorized	200,000,000	200,000,000
Common Stock, Shares Issued	33,146,952	24,106,952
Common Stock, Shares Outstanding	33,146,952	24,106,952

TIMBERLINE RESOURCES CORPORATI4

TIMBERLINE RESOURCES CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)	12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
OPERATING EXPENSES:
Mineral exploration	$ 423,946	$ 591,262
Salaries and benefits	388,858	781,463
Professional fees	203,994	300,928
Insurance	91,967	46,831
Gain on lease of mineral rights	(10,000)	(10,000)
Loss on sale of investment in joint venture		180,050
Gain on equipment transferred to related parties	(2,500)	(27,061)
General and administrative	644,640	1,003,383
TOTAL OPERATING EXPENSES	1,740,905	2,866,856
LOSS FROM OPERATIONS	(1,740,905)	(2,866,856)
OTHER INCOME (EXPENSE):
Foreign exchange gain (loss) and other	4	16,773
Miscellaneous other income		24,056
Gain on sale of royalties	40,000
Realized gain on sale of investments		5,000
Realized gain on sale of available-for-sale securities	124,086
Related party financing fees		(5,200)
TOTAL OTHER INCOME (EXPENSE)	164,090	40,629
LOSS BEFORE INCOME TAXES	(1,576,815)	(2,826,227)
INCOME TAX PROVISION (BENEFIT)	68,985	(68,985)
NET LOSS	(1,645,800)	(2,757,242)
OTHER COMPREHENSIVE INCOME (LOSS):
Unrealized gain (loss) on available-for-sale equity securities, net of tax	(47,275)	128,115
Reclassification of (gain) on available-for-sale securities sold	(80,840)
TOTAL OTHER COMPREHENSIVE INCOME (LOSS)	(128,115)	128,115
COMPREHENSIVE LOSS	$ (1,773,915)	$ (2,629,127)
NET LOSS PER SHARE AVAILABLE TO COMMON STOCKHOLDERS, BASIC AND DILUTED	$ (0.06)	$ (0.16)
WEIGHTED-AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, BASIC AND DILUTED	28,829,486	16,786,343

TIMBERLINE RESOURCES CORPORATI5

TIMBERLINE RESOURCES CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)	Common Stock Shares	Common Stock Amount	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive Income	Total
Balance at Sep. 30, 2015		$ 13,332	$ 65,544,517	$ (49,135,622)		$ 16,422,227
Shares outstanding at Sep. 30, 2015	13,331,946
Common stock compensation		775	350,725			351,500
Common stock compensation, stock	775,000
Common stock and warrants issued for cash at $0.15 per unit, value		10,000	1,490,000			1,500,000
Common stock and warrants issued for cash at $0.15 per unit, stock	10,000,006
Stock based option compensation			539,467			539,467
Net loss				(2,757,242)		(2,757,242)
Stockholders' equity at Sep. 30, 2016		24,107	67,924,709	(51,892,864)	$ 128,115	16,184,067
Shares outstanding at Sep. 30, 2016	24,106,952
Unrealized gain on available-for-sale equity securities, net of tax					128,115	128,115
Balance at Sep. 30, 2016		24,107	67,924,709	(51,892,864)	128,115	16,184,067
Common stock issued for mineral rights, value		1,000	479,000			480,000
Common stock issued for mineral rights, stock	1,000,000
Common stock and warrants issued for cash at $0.25 per unit, value		8,000	1,949,475			1,957,475
Common stock and warrants issued for cash at $0.25 per unit, stock	8,000,000
Common stock issued for warrant exercises, value		40	9,960			10,000
Common stock issued for warrant exercises, stock	40,000
Adjustment for previous year unrealized gain on available-for-sale equity securities					$ (128,115)	(128,115)
Stock based option compensation			45,000			45,000
Net loss				(1,645,800)		(1,645,800)
Stockholders' equity at Sep. 30, 2017		$ 33,147	$ 70,408,144	$ (53,538,664)		$ 16,902,627
Shares outstanding at Sep. 30, 2017	33,146,952

TIMBERLINE RESOURCES CORPORATI6

TIMBERLINE RESOURCES CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)		12 Months Ended
		Sep. 30, 2017	Sep. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss		$ (1,645,800)	$ (2,757,242)
Adjustments to reconcile net loss to net cash used by operating activities:
Depreciation and amortization			1,981
Deferred income tax benefit (provision)		68,985	(68,985)
Accretion of asset retirement obligation		7,284	6,936
Gain on lease of mineral rights		(10,000)	(10,000)
Gain on sale of royalties		(40,000)
Gain on sale of equipment		(2,500)
Gain on sale of investments			(5,000)
Equipment exchanged for services			29,603
Gain on equipment exchanged for services			(25,644)
Loss on sale of investment in joint venture			180,050
Stock-based compensation		45,000	890,966
Gain on sale of available-for-sale securities		(124,086)
Changes in assets and liabilities:
Prepaid expenses and other current assets		(5,479)	8,352
Accounts receivable		(2,633)	5,761
Accounts payable		56,015	(165,809)
Accrued expenses	[1]	(39,077)	(14,049)
Accrued payroll, benefits, and taxes		63,980	(109,215)
Net cash used by operating activities		(1,628,311)	(2,032,295)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property, mineral rights, and equipment		(1,162,800)	(211,400)
Proceeds from lease of mineral rights		10,000	10,000
Proceeds from sale of royalty interests		40,000
Proceeds from sale of equipment		2,500
Refund of reclamation and road use bonds		409,029	85,005
Proceeds from sale of investments			5,000
Proceeds from sale of available-for-sale securities		346,986
Proceeds from sale of investment in joint venture			225,000
Net cash provided (used) by investing activities		(354,285)	113,605
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from related party notes			52,000
Payments on related party notes			(52,000)
Proceeds from exercise of warrants		10,000
Proceeds from sale of common stock and warrants, net		1,957,475	1,500,000
Net cash provided by financing activities		1,967,475	1,500,000
Net decrease in cash		(15,121)	(418,690)
CASH AT BEGINNING OF YEAR		82,275	500,965
CASH AT END OF YEAR		67,154	82,275
NON-CASH FINANCING AND INVESTING ACTIVITIES:
Available-for-sale equity securities received for sale of interest in joint venture			$ 222,900
Common stock issued for mineral rights		$ 480,000
[1]	Note 9

Note 1 - Organization and Descr

Note 1 - Organization and Description of Business	12 Months Ended
	Sep. 30, 2017
Notes
Note 1 - Organization and Description of Business:	NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS: Timberline Resources Corporation (“Timberline” or “the Company”, “we”, “us”, “our”) was incorporated in August of 1968 under the laws of the State of Idaho as Silver Crystal Mines, Inc., for the purpose of exploring for precious metal deposits and advancing them to production. In 2008, we reincorporated into the State of Delaware, pursuant to a merger agreement approved by our shareholders.

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	12 Months Ended
	Sep. 30, 2017
Notes
Note 2 - Summary of Significant Accounting Policies:	NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: a. Basis of Presentation and going concern The accompanying consolidated financial statements have been prepared under the assumption that the Company will continue as a going concern. The Company has incurred losses since its inception. The Company does not have sufficient cash to fund normal operations and meet all of its obligations for the next 12 months without raising additional funds. The Company currently has no historical recurring source of revenue, and its ability to continue as a going concern is dependent on the Company’s ability to raise capital to fund its future exploration and working capital requirements or its ability to profitably execute its business plan. The Company’s plans for the long-term return to and continuation as a going concern include financing the Company’s future operations through sales of its common stock and/or debt and the eventual profitable exploitation of its mining properties. Additionally, the current capital markets and general economic conditions in the United States and Canada are significant obstacles to raising the required funds. While the Company has been successful in the past in obtaining financing, there is no assurance that it will be able to obtain adequate financing in the future or that such financing will be on terms acceptable to the Company. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The consolidated financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern. If the going concern basis were not appropriate for these financial statements, adjustments would be necessary in the carrying value of assets and liabilities, the reported expenses and the balance sheet classifications used. b. New Accounting Pronouncement – Revenue Recognition c . New Accounting Pronouncement – Cash Flows - d. Principles of Consolidation e. Exploration Expenditures f. Property Holding Costs g. Fair Value of Financial Instruments • Level 1: Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. • Level 2: Observable inputs, other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. • Level 3: Unobservable inputs reflecting our own assumptions incorporated in valuation techniques used to determine fair value. These assumptions are required to be consistent with market participant assumptions that are reasonably available. h. Cash Equivalents i. Restricted Cash j. Estimates and Assumptions k. Investments l. Available-for-sale equity securities m . Property and Equipment – n . Review of Carrying Value of Property, Mineral Rights and Equipment for Impairment – o. Asset Retirement Obligations – p. Provision for Income Taxes – q. Translation of Foreign Currencies – r. Stock-based Compensation s. Net Income (Loss) per Share The dilutive effect of convertible and outstanding securities as of September 30, 2017 and 2016 is as follows: 2017 2016 Stock options 2,233,334 2,055,419 Warrants 17,960,006 10,000,006 Total potential dilution 20,193,340 12,055,425 At September 30, 2017 and 2016, the effect of the Company’s outstanding stock options and common stock equivalents would have been anti-dilutive. Accordingly, only basic EPS is presented.

Note 3 - Fair Value Measurement

Note 3 - Fair Value Measurements	12 Months Ended
	Sep. 30, 2017
Notes
Note 3 - Fair Value Measurements:	NOTE 3 – FAIR VALUE MEASUREMENTS: The table below sets forth our financial assets and liabilities that were accounted for at fair value on a recurring basis as of September 30, 2017 and 2016, respectively, and the fair value calculation input hierarchy level that we have determined applies to each asset and liability category. 2017 2016 Input Hierarchy Level Assets: Cash $ 67,154 $ 82,275 Level 1 Restricted cash 285,128 694,157 Level 1 Available-for-sale equity securities - 420,000 Level 1

Note 4 - Property Option Agreem

Note 4 - Property Option Agreement	12 Months Ended
	Sep. 30, 2017
Notes
Note 4 - Property Option Agreement:	NOTE 4 – PROPERTY OPTION AGREEMENT: On March 12, 2015 (the “Effective Date”), we entered into a property option agreement (“Agreement”) with Gunpoint Exploration Ltd. (“Gunpoint”), which closed on March 31, 2015 and was amended subsequent to the year ended September 30, 2016 on October 19, 2016 (“Amended Agreement”). Gunpoint granted us an exclusive and irrevocable option (“Option”) to purchase a 100% interest in Gunpoint’s Talapoosa project (the “Project”) in western Nevada. Pursuant to the Agreement, we had the right to exercise the Option at any time beginning on March 31, 2015 and ending within thirty (30) months of March 12, 2015, unless sooner terminated (“Option Period”). Pursuant to the Amended Agreement, we have the right to exercise the Option through March 31, 2019 (“Amended Option Period”), subject to certain interim payments and cumulative project expenditures. As consideration for the Option, we agreed to issue two million (2,000,000) shares of common stock and pay $300,000 in cash. A $100,000 cash payment was made on March 31, 2015, and the balance of $200,000 was paid on September 23, 2015. The common stock was valued at fair value on the Effective Date and combined with the cash payments of $300,000 for a total of $1,500,000. The common stock was issued on March 31, 2015 into escrow with periodic releases to Gunpoint. The shares are irrevocable and were released to Gunpoint as follows: 25% on September 12, 2015 (released); 25% on March 12, 2016 (released); 25% on September 12, 2016 (released); and 25% on March 12, 2017 (released). Gunpoint will retain the total of 2,000,000 shares even if the Company does not exercise the Option. Pursuant to the Amended Agreement, during the Amended Option Period, we are required to make the following expenditures and stock issuances: · · · · Upon the date that Gunpoint receives the required payments and stock issuances (the “Closing Date”), we will have earned a 100% interest in the Project. For a period of five years following the Closing Date (“Contingent Payment Period”), should the daily price of gold (as determined by the London PM Fix) average greater than or equal to $1,600 per ounce over any 90-day period (“Trigger Event”), we will pay Gunpoint an additional payment of $10 million (the “Contingent Payment”), of which a minimum of $5 million will be payable within six months of the Trigger Event and the remaining $5 million payable within twelve months of the Trigger Event. The Contingent Payment is payable with 50% in cash and 50% in common shares of the Company, at our sole discretion, Following our exercise of the Option, effective as of the Closing Date, Gunpoint reserves a net smelter returns royalty in all minerals mined and removed from the Project, in the amount of one percent (1%) (the “Royalty”). The Company’s option to purchase the Royalty from Gunpoint at any time for a cash payment of $3 million was eliminated in the Amended Agreement.

Note 5 - Property, Mineral Righ

Note 5 - Property, Mineral Rights, and Equipment	12 Months Ended
	Sep. 30, 2017
Notes
Note 5 - Property, Mineral Rights, and Equipment:	NOTE 5 – PROPERTY, MINERAL RIGHTS, AND EQUIPMENT: The following is a summary of property, mineral rights, and equipment and accumulated depreciation at September 30, 2017 and 2016: Expected Useful Lives (years) 2017 2016 Mineral rights – Talapoosa - $ 3,214,200 $ 1,668,400 Mineral rights – Eureka - 13,809,842 13,712,842 Mineral rights – Other - 50,000 50,000 Total mineral rights 17,074,042 15,431,242 Equipment and vehicles 2-5 63,591 63,591 Office equipment and furniture 3-7 70,150 70,150 Land - 51,477 51,477 Total property and equipment 185,218 185,218 Less accumulated depreciation (133,741) (133,741) Property, mineral rights, and equipment, net $ 17,125,519 $ 15,482,719 No impairments were recorded during the years ended September 30, 2017 or September 30, 2016. During the year ended September 30, 2017, we received a $10,000 lease payment from a property leased to a third party and we sold a package of royalties on certain early stage properties for $40,000. Given that the total carrying value of the leased property was nil, the lease income was recorded on the consolidated statements of operations and comprehensive income (loss) as a gain on lease of mineral rights. The total carrying value of the package of royalties was nil, and the income from the sale of the package of royalties was recorded on the consolidated statements of operations and comprehensive income (loss) in other income (expense). During the year ended September 30, 2016, we received a $10,000 lease payment from a property leased to a third party. Given that the carrying value of the property was nil, the lease income was recorded on the consolidated statements of operations and comprehensive income (loss) as a gain on lease of mineral rights. Depreciation expense for the years ended September 30, 2017 and 2016 was nil and $1,981, respectively.

Note 6 - Investment in Joint Ve

Note 6 - Investment in Joint Venture and Other Investments	12 Months Ended
	Sep. 30, 2017
Notes
Note 6 - Investment in Joint Venture and Other Investments	NOTE 6 – INVESTMENT IN JOINT VENTURE AND OTHER INVESTMENTS: During the year ended September 30, 2016, we executed a Member Interest Purchase Agreement (the “Purchase Agreement”) with New Jersey Mining Company (“NJMC”) pursuant to which we sold all of our 50% interest in BHJV (the “JV Interest”). We received $225,000 in cash and 3 million restricted shares of common stock of NJMC (the “NJMC Shares”) as consideration for the sale of the JV Interest. The NJMC Shares were valued at $222,900 based on the closing price of the NJMC Shares ($0.0743) on the OTCQB market on January 29, 2016, the closing date of the transaction. The total value of the consideration at the closing date was $447,900. A loss of $180,050 was incurred on the sale of the JV Interest after reducing our investment by the amount received from an expired road use bond ($14,500). At September 30, 2017 and September 30, 2016, we have an investment in joint venture of nil. During the year ended September 30, 2016, we sold 2,980,000 shares of Rae-Wallace Mining Company (“RWMC”), which had been previously written off, and recognized a gain of $5,000. At September 30, 2016, we did not own any shares of RWMC. At September 30, 2017 and 2016, we do not have any ‘other investments’ carried on our consolidated balance sheets.

Note 7 - Available-for-sale Equ

Note 7 - Available-for-sale Equity Securities	12 Months Ended
	Sep. 30, 2017
Notes
Note 7 - Available-for-sale Equity Securities:	NOTE 7 – AVAILABLE-FOR-SALE EQUITY SECURITIES: At September 30, 2016, available-for-sale equity securities were comprised of 3,000,000 restricted shares of common stock in New Jersey Mining Company (“NJMC”). The following table summarizes the Company’s available-for-sale equity securities: September 30, September 30, 2017 2016 Cost $ - $ 222,900 Unrealized Gain - 197,100 Fair Value $ - $ 420,000 Management determined the best measure of the fair value of the NJMC shares of common stock to be the closing price of NJMC common stock on the OTCQB market as of September 30, 2016, which was $0.14 per share. Associated with the unrealized gain on our available-for-sale equity securities at September 30, 2016, we recognized a deferred tax benefit of $68,985. At September 30, 2017, we do not own any NJMC common stock or any other available-for-sale securities. Associated with the sale of all of our available-for-sale securities, we recognized a gain on the sale of $124,086, cash proceeds of $346,986 and a deferred tax provision of $68,985.

Note 8 - Related-party Transact

Note 8 - Related-party Transactions	12 Months Ended
	Sep. 30, 2017
Notes
Note 8 - Related-party Transactions:	NOTE 8 – RELATED-PARTY TRANSACTIONS: During the year ended September 30, 2016, the Company entered into loan agreements with an officer, a director and a consultant in the aggregate amount of $52,000 in order to meet the Company’s short-term operating needs. During the year ended September 30, 2016, a total amount of $57,200 was re-paid to the note holders, including financing fees of $5,200 as consideration for providing the loans. During the year ended September 30, 2016, certain vehicles were transferred to a director, our Chief Financial Officer, and a former employee of the Company in exchange for services. The fair value of the transferred vehicles was $ 29,603 , which was classified as an expense under other general and administrative expenses. A gain of $25,644 was recognized on the transfers because the vehicles had a carrying value of $3,959 on the exchange date. During the year ended September 30, 2016, a vehicle with a carrying value of nil was sold to our Chief Executive Officer for cash resulting in a gain of $1,417. The total recognized gain on equipment transferred to related parties was $ 27,601 . During the year ended September 30, 2016, the Company issued 100,000 shares of common stock of the Company to a consultant pursuant to the terms of a January 2016 resignation and consulting agreement. The shares were granted by our Board of Directors and were valued at $14,000 based upon the closing price of our shares of common stock on the date the Board of Directors approved the issuance of the shares. During the year ended September 30, 2016, an executive officer and two directors participated in a private placement offering of Units of the Company purchasing, in the aggregate, 1,431,733 units for proceeds of $214,760. We sold each Unit at a price of $0.15 per Unit. Each Unit was priced at $0.15 and consisted of one share of common stock of the Company and one common share purchase warrant (each a “Warrant”), with each Warrant exercisable to acquire an additional share of common stock of the Company at a price of $0.25 per share until May 31, 2019. The Audit Committee of the Board of Directors approved the insiders’ participation in the private placement. (See Note 12) During the year ended September 30, 2017, a trailer with a carrying value of nil was sold to our Chief Financial Officer for cash resulting in a gain of $ 2,500 , which was recorded as a gain on equipment sold to related parties. During the year ended September 30, 2017, two executive officers participated in a private placement offering of Units of the Company purchasing, in the aggregate, 105,000 units for proceeds of $26,250. We sold each Unit at a price of $0.25 per Unit. Each Unit consisted of one share of common stock of the Company and one common share purchase warrant (each a “Warrant”), with each Warrant exercisable to acquire an additional share of common stock of the Company at a price of $0.40 per share until January 31, 2020. The Audit Committee of the Board of Directors approved the insiders’ participation in the private placement. (See Note 12)

Note 9 - Accrued Expenses

Note 9 - Accrued Expenses	12 Months Ended
	Sep. 30, 2017
Notes
Note 9 - Accrued Expenses:	NOTE 9 – ACCRUED EXPENSES: The Company has accrued expenses of $259,923 and $299,000 at September 30, 2017 and 2016, respectively, including in each year $250,000 in costs recognized as financing transaction expense during the year ended September 30, 2015 as a result of a potential corporate transaction that was not completed. The components of these accrued expenses are: Description 2017 2016 Expense reimbursement fee for terminated transaction $ 250,000 $ 250,000 Other expenses 9,923 49,000 $ 259,923 $ 299,000

Note 10 - Asset Retirement Obli

Note 10 - Asset Retirement Obligation	12 Months Ended
	Sep. 30, 2017
Notes
Note 10 - Asset Retirement Obligation:	NOTE 10 – ASSET RETIREMENT OBLIGATION: We have established an asset retirement obligation (“ARO”) for our exploration program at the Lookout Mountain Project. The ARO resulted from the reclamation and remediation requirements of the United States Bureau of Land Management as outlined in our permit to carry out the exploration program. Estimated reclamation costs at the Lookout Mountain Project were discounted using a credit-adjusted, risk-free interest rate of 5% from the time we expect to pay the retirement obligation to the time we incurred the obligation, which is estimated at 10 years. The following table summarizes activity in our ARO liability for the years ended September 30, 2017 and 2016: 2017 2016 Beginning balance $ 145,656 $ 138,720 Accretion expense 7,284 6,936 Ending balance $ 152,940 $ 145,656

Note 11 - Income Taxes

Note 11 - Income Taxes	12 Months Ended
	Sep. 30, 2017
Notes
Note 11 - Income Taxes:	NOTE 11 – INCOME TAXES: At September 30, 2017 and 2016, we had deferred tax assets arising principally from net operating loss carryforwards for income tax purposes. As our management cannot determine that it is more likely than not that we will realize the benefit of the net deferred tax asset, a valuation allowance equal to 100% of the net deferred tax asset has been recorded at September 30, 2017 and 2016. The components of our deferred taxes at September 30, 2017 and 2016 are as follows: Timberline Resources Corp. (39% effective rate) 2017 2016 Net deferred tax assets: Exploration costs $ 684,000 $ 847,000 Long-term investments 282,000 213,000 Share-based compensation 2,181,000 2,224,000 Alternative minimum tax credit carryforwards 2,000 2,000 Foreign income tax credit carryforwards 697,000 697,000 Federal and state net operating loss carryforwards 15,097,000 14,442,000 Foreign net operating loss carryforwards 1,736,000 1,736,000 Total deferred tax asset 20,679,000 20,161,000 Valuation allowance (20,679,000) (20,161,000) Net deferred tax asset $ - $ - BH Minerals USA, Inc. (35% effective rate) Net deferred tax assets (liabilities): Property, mineral rights, and equipment $ (3,807,000) $ (3,809,000) Exploration costs 1,709,000 2,075,000 Federal and state net operating loss carryforwards 5,091,000 4,655,000 Total deferred tax asset 2,993,000 2,921,000 Valuation allowance (2,993,000) (2,921,000) Net deferred tax asset $ - $ - During the year ended September 30, 2017, the Company recognized a tax provision of $68,985, and during the year ended September 30, 2016, the Company recognized an income tax benefit of $68,985, both relating to unrealized gains on available-for-sale equity securities. The federal income taxes of our wholly owned subsidiary, BH Minerals USA, Inc., are not consolidated with those of the rest of the Company since BH Minerals USA, Inc. is wholly owned by our Canadian subsidiary, Staccato Gold Resources Ltd. At September 30, 2017, the Company’s total net deferred tax assets prior to the valuation allowance were $23,672,000 compared to $23,082,000 at September 30, 2016. The change is primarily due to the increase in net operating loss. The annual tax benefit is different from the amount that would be provided by applying the statutory federal income tax rate to our pretax loss for the following reasons: 2017 2016 (1,576,815) (2,826,227) Statutory Federal income tax rate 35% 35% Expected income tax benefit based on statutory rate $ (551,885) $ (989,179) Stock-based compensation - 150,413 Effect of state taxes (14,857) (7,036) Effect of tax rate changes - - Non-recognition due to increase in valuation allowance 590,887 808,666 Other 44,840 37,136 68,985 - Deferred taxes on unrealized gains - (68,985) Income tax provision (benefit) $ 68,985 $ (68,985) It is not anticipated that there will be any significant changes to unrecognized tax benefits within the next twelve months. If interest and penalties were to be assessed, we would charge interest to interest expense, and penalties to other operating expense. Fiscal years 2014 through 2017 remain subject to examination by state and federal tax authorities. At September 30, 2017, we had federal net operating loss carryforwards of approximately $31.7 million which will expire in fiscal years ending September 30, 2020 through September 30, 2037. Approximately $14.5 million of state net operating loss carryforwards will expire in fiscal years ending September 30, 2018 through September 30, 2037. BH Minerals has federal net operating loss carryforwards of $14,546,000 which will expire in fiscal years ending September 30, 2031 through September 30, 2037. At September 30, 2017, we also have approximately $6.7 million in net operating loss carryforwards in Canada which will expire in fiscal years ending September 30, 2024 through September 30, 2031. At September 30, 2017, we have $697,000 of foreign tax credit carryforwards that will expire September 30, 2020. IRS Code Section 382 limits the loss and credit carryforwards in the event of an “ownership change” of a corporation. Due to the change in ownership in 2004, we are restricted in the future use of net operating losses generated before the ownership change. As of September 30, 2017, this limitation is applicable to accumulated federal net operating losses of approximately $240,000. As a result of a previous acquisition, the Company acquired $9,300,000 of federal net operating loss carryover that is limited by Code Section 382. As of September 30, 2017, the Company has not determined if any other losses are limited by IRS Code Section 382 after the acquisition. We have reviewed our tax returns and believe we have not taken any unsubstantiated tax positions.

Note 12 - Common Stock, Warrant

Note 12 - Common Stock, Warrants and Preferred Stock	12 Months Ended
	Sep. 30, 2017
Notes
Note 12 - Common Stock, Warrants and Preferred Stock:	NOTE 12 – COMMON STOCK, WARRANTS AND PREFERRED STOCK: Private Placements During the year ended September 30, 2016, we closed three tranches of a private placement offering of Units of the Company at a price of $0.15 per Unit. Each Unit consisted of one share of common stock of the Company and one common share purchase warrant (each a “Warrant”), with each Warrant exercisable to acquire an additional share of common stock of the Company at a price of $0.25 per share until May 31, 2019. In the aggregate of the three tranches, accredited investors subscribed for 10,000,006 Units on a private placement basis at a price of $0.15 per unit for total proceeds of $1,500,000. An executive officer and two directors participated in the private placement purchasing, in the aggregate, 1,431,733 units for proceeds of $214,760. As a result of the private placement, 10,000,006 shares of common stock of the Company and 10,000,006 Warrants were issued and 10,000,006 shares of common stock were reserved for issuance pursuant to Warrant exercises. During the year ended September 30, 2017, we closed three tranches of a private placement offering of Units of the Company at a price of $0.25 per Unit. Each Unit consisted of one share of common stock of the Company and one common share purchase warrant (each a “Warrant”), with each Warrant exercisable to acquire an additional share of common stock of the Company at a price of $0.40 per share until January 31, 2020. In the aggregate of the three tranches, accredited investors subscribed for 8,000,000 Units on a private placement basis at a price of $0.25 per unit for total gross proceeds of $2,000,000 and net proceeds of $1,957,475. Two executive officers participated in the private placement purchasing, in the aggregate, 105,000 units for proceeds of $26,250. As a result of the private placement, 8,000,000 shares of common stock of the Company and 8,000,000 Warrants were issued and 8,000,000 shares of common stock were reserved for issuance pursuant to Warrant exercises. Stock Issued for Mineral Rights, Property and Equipment During the year ended September 30, 2017, pursuant to an amended property option agreement on our Talapoosa property (Note 4), we issued 1,000,000 restricted common shares with a value of $480,000 based upon the closing price of our shares of common stock on March 31, 2017, the due date for the issuance of the shares pursuant to the terms of the property option agreement. Stock Issued for Compensation In July 2016, the Company issued 100,000 shares of common stock of the Company to a consultant pursuant to the terms of a January 2016 resignation and consulting agreement. The shares were granted by our Board of Directors and were valued at $14,000 based upon the closing price of our shares of common stock on the date the Board of Directors approved the terms of the consulting agreement, including the issuance of the shares. The cost was recognized as general and administrative expenses during the year ended September 30, 2016. Stock Issued for Stock Unit Awards During the year ended September 30, 2016, we issued 675,000 common shares upon the exercise of Stock Unit Awards granted to certain employees for compensation related to modifications to employment contracts. These Stock Unit Awards had a value of $337,500, which was recognized as salaries and benefits expense during the year ended September 30, 2016. Stock Issued for Warrant Exercises During the year ended September 30, 2017, we issued 40,000 common shares upon the exercise of warrants with an exercise price of $0.25 and an expiration date of May 31, 2019. Warrants We issued 25,000 warrants during the year ended September 30, 2013 in connection with two public offerings. 12,500 of the warrants were exercisable, at the holders’ option, for a two-year term commencing December 26, 2013 and expired on December 26, 2015. The remaining 12,500 warrants were exercisable, at the holders’ option, for a two-year term commencing September 10, 2014 and expired on September 10, 2016. All of these warrants expired unexercised. We issued 10,000,006 Class A warrants with an exercise price of $0.25 and an expiration date of May 31, 2019 during the year ended September 30, 2016 in connection with a private placement of our securities. None of these Class A warrants were exercised at September 30, 2016, and 40,000 of these Class A warrants have been exercised at September 30, 2017, with 9,960,006 remaining outstanding. We issued 8,000,000 Class B warrants with an exercise price of $0.40 and an expiration date of January 31, 2020 during the year ended September 30, 2017 in connection with a private placement of our securities. None of these Class B warrants has been exercised at September 30, 2017. There were 17,960,006 and 10,000,006 warrants outstanding as of September 30, 2017 and 2016, respectively. Preferred Stock We are authorized to issue up to 10,000,000 shares of preferred stock, $.01 par value. Our Board of Directors is authorized to issue the preferred stock from time to time in series, and is further authorized to establish such series, to fix and determine the variations in the relative rights and preferences as between series, to fix voting rights, if any, for each series, and to allow for the conversion of preferred stock into common stock.

Note 13 - Stock-based Awards

Note 13 - Stock-based Awards	12 Months Ended
	Sep. 30, 2017
Notes
Note 13 - Stock-based Awards:	NOTE 13 – STOCK-BASED AWARDS: During the year ended September 30, 2015 our Board of Directors adopted and our stockholders approved the adoption of the Company’s 2015 Stock and Incentive Plan. This plan replaced our 2005 Equity Incentive Plan, as amended. The aggregate number of shares that may be issued to employees, directors, and consultants under all stock-based awards made under the 2015 Stock and Incentive Plan is 4 million shares of our common stock. Upon exercise of options or other awards, shares are issued from the available authorized shares of the Company. Option awards are granted with an exercise price equal to the fair value of our stock at the date of grant. The 2005 Equity Incentive Plan, as amended, terminated on May 28, 2015 and no stock or option awards may be granted under this plan after it was terminated. At September 30, 2017, 233,334 stock options remain outstanding, at a weighted average exercise price of $0.56 and a weighted average term of 2.4 years, that may be exercised under the 2005 Equity Incentive Plan, as amended. During the year ended September 30, 2016, 1,793,837 stock options and 775,000 stock unit awards were granted to certain employees, directors and consultants by the Company’s Board of Directors and vested immediately. During the year ended September 30, 2016, 272,196 stock options expired, including 43,837 stock options granted during the same year. During the year ended September 30, 2017, 250,000 stock options were granted to a consultant by the Company’s Board of Directors. These options vested as to 25% each quarter beginning on March 15, 2017. As of September 30, 2017, 75% of these options have vested, and the remaining 25% (62,500 options) vest on December 15, 2017. During the year ended September 30, 2017, 72,085 stock options expired. Total compensation expense recognized for options and stock unit awards for employees was nil and $890,966 for the years ended September 30, 2017 and 2016 respectively. Common stock compensation expense related to stock-based awards was nil and $351,500 for the years ended September 30, 2017 and 2016, respectively. Stock-based option compensation was nil and $539,467 for the years ended September 30, 2017 and 2016, respectively. General and administrative expense related to stock options granted to consultants was $45,000 and nil for the years ended September 30, 2017 and 2016, respectively. The fair value of the stock unit awards was determined by the closing price of the Company’s common stock on the grant date. The fair value of the option awards granted during the year ended September 30, 2017 was estimated on the date of grant with a Black-Scholes option-pricing model using the assumptions noted in the following table: Options granted during years ended September 30, 2017 and 2016 2017 2016 Expected volatility, minimum 128.2% 110.4% Expected volatility, maximum - 128.7 Stock price on date of grant, minimum $0.33 $0.40 Stock price on date of grant, maximum - $0.50 Expected dividends - - Expected term (in years) 3 3 Risk-free rate, minimum 1.68% 0.90% Risk-free rate, maximum - 1.00% Expected forfeiture rate 0% 0% Total compensation expense of stock-based awards charged against operations is included in the consolidated statements of operations and comprehensive income (loss) as follows: Year ended September 30, 2017 2016 Salaries and benefits $ - $ 426,966 General and administrative expenses 45,000 464,000 Total $ 45,000 $ 890,966 The following is a summary of our options issued under our stock incentive plan: Shares Weighted Average Exercise Price Outstanding at September 30, 2015 533,778 $ 2.48 Granted 1,793,837 0.40 Exercised - - Expired (272,196) (3.28) Outstanding at September 30, 2016 2,055,419 $ 0.56 Exercisable at September 30, 2016 2,055,419 $ 0.56 Weighted average fair value of options granted during the year ended September 30, 2016 $ $0.30 Outstanding at September 30, 2016 2,055,419 $ 0.56 Granted 250,000 0.33 Exercised - - Expired (72,085) (4.45) Outstanding at September 30, 2017 2,233,334 $ 0.41 Exercisable at September 30, 2017 2,170,834 $ 0.41 Weighted average fair value of options granted during the year ended September 30, 2017 $ $0.24 Unrecognized compensation expense related to options at September 30, 2017 $ 15,000.00 Average remaining contractual term of options outstanding and exercisable at September 30, 2017 (years) 3.73 The aggregate of options both outstanding and exercisable as of September 30, 2017 had intrinsic value of zero, based on the closing price per share of our common stock of $0.31 on September 30, 2017.

Note 14 - Commitments and Conti

Note 14 - Commitments and Contingencies	12 Months Ended
	Sep. 30, 2017
Notes
Note 14 - Commitments and Contingencies:	NOTE 14 – COMMITMENTS AND CONTINGENCIES : Mineral Exploration A portion of our Lookout Mountain mineral claims are subject to a mining lease and agreement dated August 22, 2003 with Rocky Canyon Mining Company, as amended on June 1, 2008. The lease term was extended to 20 years on June 1, 2008, and thereafter for as long as minerals are mined on the project. Under this agreement, we are obligated to make monthly advance royalty payments that total $72,000 per annum. A portion of our Eureka mineral claims are subject to two mining lease with purchase option agreements dated July 12, 2012 with Silver International, Inc. The initial term of each of the agreements is ten years and may be extended for four additional periods of five years each. Under these agreements, we are obligated to make annual advance royalty payments of $10,000 per annum. A portion of the Talapoosa mineral claims is subject to a mining lease and option to purchase agreement dated June 21, 2011 with Nevada Bighorns Unlimited Foundation. The initial term of the agreement is 20 years and may be extended for an additional 20 years and thereafter as long as minimum payments are being paid and exploration, development or mining activities are taking place. Under this agreement, we are obligated to make annual minimum payments of $10.00 per acre ($12,800) through June 21, 2020, increasing by $5.00 per acre in 2021 and every five years thereafter, subject to a maximum annual payment of $30.00 per acre. A portion of the Talapoosa mineral claims are subject to a mining lease with option to purchase agreement dated June 2, 1997 with Sario Livestock Company. The initial term of the agreement was 20 years and may be extended for an additional period of 20 years. In May 2017, we amended this agreement and extended the initial term of the agreement until June 2, 2020. Pursuant to the amended agreement, we made a payment of $18,000 on June 2, 2017, and we are obligated to make minimum royalty payments of $21,000 in June 2018 and $24,000 in June 2019. If the lease agreement is extended beyond June 2, 2020, the minimum royalty payments increase to $54,000 per year for 20 years. Another portion of the Talapoosa mineral claims is subject to a separate mining lease with option to purchase agreement with Sario Livestock Company dated September 11, 1989 and amended on July 13, 2010. The term of the agreement, as amended, is until September 10, 2029, with no right to extend the agreement beyond that date. Under this agreement, we are obligated to make a minimum royalty payment of $30,000 per year, or paid monthly at $2,500 per month. A portion of the Talapoosa mineral claims is subject to a mining lease dated July 14, 1990, as amended on August 25, 1998 and July 13, 2010, with Sierra Denali Minerals Inc. The term of the agreement, as amended in July 2010, is 10 years and may be extended for two additional periods of five years each. Under this amended agreement, we are obligated to make minimum payments of $35,000 per year. We pay federal and county claim maintenance fees on unpatented claims that are included in our mineral exploration properties. The total of these fees was approximately $285,000 and $285,000 as of September 30, 2017 and 2016, respectively. Should we continue to explore all of our mineral properties, we expect annual fees to total approximately $285,000 per year in the future. Creditor Agreement On September 12, 2017 (the “Effective Date”), we entered into an agreement with a creditor (the “Creditor”) (the “Agreement”) to pay by way of a payment plan an existing obligation of US$250,000 (the “Debt”) related to a potential corporate transaction in 2015 that was not completed. We agreed to pay the Debt within three years of the Effective Date. Interest on the unpaid amount of the Debt accrues from the Effective Date until the Debt is paid at a rate of prime (as set by Wells Fargo Bank (US), as such rate may change from time to time) plus 3% per annum. The interest rate as of September 30, 2017 is 7.25%. A portion of each equity financing or other funding arrangement, including sale of assets, are committed to the repayment of the Debt. Real Estate Lease Commitments We have real no estate lease commitments related to our main office in Coeur d’Alene, Idaho, our facility in Reno, Nevada, or our facility in Eureka, Nevada. The leases have expired on all of our offices and facilities and are rented on a month-to-month basis. Total office rent and lease expenses for the years ended September 30, 2017 and 2016 are included in the consolidated statements of operations and comprehensive income (loss) as follows: 2017 2016 Mineral exploration expenses $ 51,600 $ 56,850 Other general and administrative expenses 42,000 42,000 Total $ 93,600 $ 98,850 The Company has employment agreements with an executive employee that requires certain termination benefits and payments in defined circumstances.

Note 15 - Subsequent Events

Note 15 - Subsequent Events	12 Months Ended
	Sep. 30, 2017
Notes
Note 15 - Subsequent Events:	NOTE 15 – SUBSEQUENT EVENTS : Subsequent to the year ended September 30, 2017, we closed one tranche of a private placement offering of Units of the Company at a price of $0.30 per Unit. Each Unit consisted of one share of common stock of the Company and one common share purchase warrant (each a “Warrant”), with each Warrant exercisable to acquire an additional share of common stock of the Company at a price of $0.45 per share until October 31, 2022. In this initial tranche, accredited investors subscribed for 2,290,867 Units for total gross proceeds of $687,260. As a result of this tranche of this private placement, 2,290,867 shares of common stock of the Company and 2,290,867 Warrants were issued and 2,290,867 shares of common stock were reserved for issuance pursuant to Warrant exercises. Pursuant to the Agreement with a Creditor (see Note 14), $34,363 is committed to the repayment of the Debt and has been paid to the Creditor.

Note 2 - Summary of Significa22

Note 2 - Summary of Significant Accounting Policies: a. Basis of Presentation and going concern (Policies)	12 Months Ended
	Sep. 30, 2017
Policies
a. Basis of Presentation and going concern	a. Basis of Presentation and going concern

Note 2 - Summary of Significa23

Note 2 - Summary of Significant Accounting Policies: Substantial Doubt about Going Concern (Policies)	12 Months Ended
	Sep. 30, 2017
Policies
Substantial Doubt about Going Concern	The accompanying consolidated financial statements have been prepared under the assumption that the Company will continue as a going concern. The Company has incurred losses since its inception. The Company does not have sufficient cash to fund normal operations and meet all of its obligations for the next 12 months without raising additional funds. The Company currently has no historical recurring source of revenue, and its ability to continue as a going concern is dependent on the Company’s ability to raise capital to fund its future exploration and working capital requirements or its ability to profitably execute its business plan. The Company’s plans for the long-term return to and continuation as a going concern include financing the Company’s future operations through sales of its common stock and/or debt and the eventual profitable exploitation of its mining properties. Additionally, the current capital markets and general economic conditions in the United States and Canada are significant obstacles to raising the required funds. While the Company has been successful in the past in obtaining financing, there is no assurance that it will be able to obtain adequate financing in the future or that such financing will be on terms acceptable to the Company. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The consolidated financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern. If the going concern basis were not appropriate for these financial statements, adjustments would be necessary in the carrying value of assets and liabilities, the reported expenses and the balance sheet classifications used.

Note 2 - Summary of Significa24

Note 2 - Summary of Significant Accounting Policies: b. New Accounting Pronouncement - Revenue Recognition (Policies)	12 Months Ended
	Sep. 30, 2017
Policies
b. New Accounting Pronouncement - Revenue Recognition	b. New Accounting Pronouncement – Revenue Recognition

Note 2 - Summary of Significa25

Note 2 - Summary of Significant Accounting Policies: c. New Accounting Pronouncement - Cash Flows (Policies)	12 Months Ended
	Sep. 30, 2017
Policies
c. New Accounting Pronouncement - Cash Flows	c . New Accounting Pronouncement – Cash Flows -

Note 2 - Summary of Significa26

Note 2 - Summary of Significant Accounting Policies: d. Principles of Consolidation (Policies)	12 Months Ended
	Sep. 30, 2017
Policies
d. Principles of Consolidation	d. Principles of Consolidation

Note 2 - Summary of Significa27

Note 2 - Summary of Significant Accounting Policies: e. Exploration Expenditures (Policies)	12 Months Ended
	Sep. 30, 2017
Policies
e. Exploration Expenditures	e. Exploration Expenditures

Note 2 - Summary of Significa28

Note 2 - Summary of Significant Accounting Policies: f. Property Holding Costs (Policies)	12 Months Ended
	Sep. 30, 2017
Policies
f. Property Holding Costs	f. Property Holding Costs

Note 2 - Summary of Significa29

Note 2 - Summary of Significant Accounting Policies: g. Fair Value of Financial Instruments (Policies)	12 Months Ended
	Sep. 30, 2017
Policies
g. Fair Value of Financial Instruments	g. Fair Value of Financial Instruments • Level 1: Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. • Level 2: Observable inputs, other than Level 1 prices, such as quoted prices for similar assets or liabilities, quoted prices in markets that are not active or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. • Level 3: Unobservable inputs reflecting our own assumptions incorporated in valuation techniques used to determine fair value. These assumptions are required to be consistent with market participant assumptions that are reasonably available.

Note 2 - Summary of Significa30

Note 2 - Summary of Significant Accounting Policies: h. Cash Equivalents (Policies)	12 Months Ended
	Sep. 30, 2017
Policies
h. Cash Equivalents	h. Cash Equivalents

Note 2 - Summary of Significa31

Note 2 - Summary of Significant Accounting Policies: i. Restricted Cash (Policies)	12 Months Ended
	Sep. 30, 2017
Policies
i. Restricted Cash	i. Restricted Cash

Note 2 - Summary of Significa32

Note 2 - Summary of Significant Accounting Policies: j. Estimates and Assumptions (Policies)	12 Months Ended
	Sep. 30, 2017
Policies
j. Estimates and Assumptions	j. Estimates and Assumptions

Note 2 - Summary of Significa33

Note 2 - Summary of Significant Accounting Policies: k. Investments (Policies)	12 Months Ended
	Sep. 30, 2017
Policies
k. Investments	k. Investments

Note 2 - Summary of Significa34

Note 2 - Summary of Significant Accounting Policies: l. Available-for-sale equity securities (Policies)	12 Months Ended
	Sep. 30, 2017
Policies
l. Available-for-sale equity securities	l. Available-for-sale equity securities

Note 2 - Summary of Significa35

Note 2 - Summary of Significant Accounting Policies: m. Property and Equipment (Policies)	12 Months Ended
	Sep. 30, 2017
Policies
m. Property and Equipment	m . Property and Equipment –

Note 2 - Summary of Significa36

Note 2 - Summary of Significant Accounting Policies: n. Review of Carrying Value of Property, Mineral Rights and Equipment for Impairment (Policies)	12 Months Ended
	Sep. 30, 2017
Policies
n. Review of Carrying Value of Property, Mineral Rights and Equipment for Impairment	n . Review of Carrying Value of Property, Mineral Rights and Equipment for Impairment –

Note 2 - Summary of Significa37

Note 2 - Summary of Significant Accounting Policies: o. Asset Retirement Obligations (Policies)	12 Months Ended
	Sep. 30, 2017
Policies
o. Asset Retirement Obligations	o. Asset Retirement Obligations –

Note 2 - Summary of Significa38

Note 2 - Summary of Significant Accounting Policies: p. Provision for Income Taxes (Policies)	12 Months Ended
	Sep. 30, 2017
Policies
p. Provision for Income Taxes	p. Provision for Income Taxes –

Note 2 - Summary of Significa39

Note 2 - Summary of Significant Accounting Policies: q. Translation of Foreign Currencies (Policies)	12 Months Ended
	Sep. 30, 2017
Policies
q. Translation of Foreign Currencies	q. Translation of Foreign Currencies –

Note 2 - Summary of Significa40

Note 2 - Summary of Significant Accounting Policies: r. Stock-based Compensation (Policies)	12 Months Ended
	Sep. 30, 2017
Policies
r. Stock-based Compensation	r. Stock-based Compensation

Note 2 - Summary of Significa41

Note 2 - Summary of Significant Accounting Policies: s. Earnings Per Share, Policy (Policies)	12 Months Ended
	Sep. 30, 2017
Policies
s. Earnings Per Share, Policy	s. Net Income (Loss) per Share The dilutive effect of convertible and outstanding securities as of September 30, 2017 and 2016 is as follows: 2017 2016 Stock options 2,233,334 2,055,419 Warrants 17,960,006 10,000,006 Total potential dilution 20,193,340 12,055,425 At September 30, 2017 and 2016, the effect of the Company’s outstanding stock options and common stock equivalents would have been anti-dilutive. Accordingly, only basic EPS is presented.

Note 2 - Summary of Significa42

Note 2 - Summary of Significant Accounting Policies: s. Earnings Per Share, Policy: Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Tables)	12 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	2017 2016 Stock options 2,233,334 2,055,419 Warrants 17,960,006 10,000,006 Total potential dilution 20,193,340 12,055,425

Note 3 - Fair Value Measureme43

Note 3 - Fair Value Measurements: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Tables)	12 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	2017 2016 Input Hierarchy Level Assets: Cash $ 67,154 $ 82,275 Level 1 Restricted cash 285,128 694,157 Level 1 Available-for-sale equity securities - 420,000 Level 1

Note 5 - Property, Mineral Ri44

Note 5 - Property, Mineral Rights, and Equipment: Property, Plant and Equipment (Tables)	12 Months Ended
	Sep. 30, 2017
Tables/Schedules
Property, Plant and Equipment	Expected Useful Lives (years) 2017 2016 Mineral rights – Talapoosa - $ 3,214,200 $ 1,668,400 Mineral rights – Eureka - 13,809,842 13,712,842 Mineral rights – Other - 50,000 50,000 Total mineral rights 17,074,042 15,431,242 Equipment and vehicles 2-5 63,591 63,591 Office equipment and furniture 3-7 70,150 70,150 Land - 51,477 51,477 Total property and equipment 185,218 185,218 Less accumulated depreciation (133,741) (133,741) Property, mineral rights, and equipment, net $ 17,125,519 $ 15,482,719

Note 7 - Available-for-sale E45

Note 7 - Available-for-sale Equity Securities: Schedule of Available-for-sale Securities Reconciliation (Tables)	12 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Available-for-sale Securities Reconciliation	September 30, September 30, 2017 2016 Cost $ - $ 222,900 Unrealized Gain - 197,100 Fair Value $ - $ 420,000

Note 9 - Accrued Expenses_ Sche

Note 9 - Accrued Expenses: Schedule of Accrued Liabilities (Tables)	12 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Accrued Liabilities	Description 2017 2016 Expense reimbursement fee for terminated transaction $ 250,000 $ 250,000 Other expenses 9,923 49,000 $ 259,923 $ 299,000

Note 10 - Asset Retirement Ob47

Note 10 - Asset Retirement Obligation: Schedule of Change in Asset Retirement Obligation (Tables)	12 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Change in Asset Retirement Obligation	2017 2016 Beginning balance $ 145,656 $ 138,720 Accretion expense 7,284 6,936 Ending balance $ 152,940 $ 145,656

Note 11 - Income Taxes_ Schedul

Note 11 - Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)	12 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Deferred Tax Assets and Liabilities	Timberline Resources Corp. (39% effective rate) 2017 2016 Net deferred tax assets: Exploration costs $ 684,000 $ 847,000 Long-term investments 282,000 213,000 Share-based compensation 2,181,000 2,224,000 Alternative minimum tax credit carryforwards 2,000 2,000 Foreign income tax credit carryforwards 697,000 697,000 Federal and state net operating loss carryforwards 15,097,000 14,442,000 Foreign net operating loss carryforwards 1,736,000 1,736,000 Total deferred tax asset 20,679,000 20,161,000 Valuation allowance (20,679,000) (20,161,000) Net deferred tax asset $ - $ - BH Minerals USA, Inc. (35% effective rate) Net deferred tax assets (liabilities): Property, mineral rights, and equipment $ (3,807,000) $ (3,809,000) Exploration costs 1,709,000 2,075,000 Federal and state net operating loss carryforwards 5,091,000 4,655,000 Total deferred tax asset 2,993,000 2,921,000 Valuation allowance (2,993,000) (2,921,000) Net deferred tax asset $ - $ -

Note 11 - Income Taxes_ Sched49

Note 11 - Income Taxes: Schedule of Effective Income Tax Rate Reconciliation (Tables)	12 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Effective Income Tax Rate Reconciliation	2017 2016 (1,576,815) (2,826,227) Statutory Federal income tax rate 35% 35% Expected income tax benefit based on statutory rate $ (551,885) $ (989,179) Stock-based compensation - 150,413 Effect of state taxes (14,857) (7,036) Effect of tax rate changes - - Non-recognition due to increase in valuation allowance 590,887 808,666 Other 44,840 37,136 68,985 - Deferred taxes on unrealized gains - (68,985) Income tax provision (benefit) $ 68,985 $ (68,985)

Note 13 - Stock-based Awards_ S

Note 13 - Stock-based Awards: Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions (Tables)	12 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	Options granted during years ended September 30, 2017 and 2016 2017 2016 Expected volatility, minimum 128.2% 110.4% Expected volatility, maximum - 128.7 Stock price on date of grant, minimum $0.33 $0.40 Stock price on date of grant, maximum - $0.50 Expected dividends - - Expected term (in years) 3 3 Risk-free rate, minimum 1.68% 0.90% Risk-free rate, maximum - 1.00% Expected forfeiture rate 0% 0%

Note 13 - Stock-based Awards_51

Note 13 - Stock-based Awards: Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs (Tables)	12 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs	Year ended September 30, 2017 2016 Salaries and benefits $ - $ 426,966 General and administrative expenses 45,000 464,000 Total $ 45,000 $ 890,966

Note 13 - Stock-based Awards_52

Note 13 - Stock-based Awards: Share-based Compensation, Stock Options, Activity (Tables)	12 Months Ended
	Sep. 30, 2017
Tables/Schedules
Share-based Compensation, Stock Options, Activity	Shares Weighted Average Exercise Price Outstanding at September 30, 2015 533,778 $ 2.48 Granted 1,793,837 0.40 Exercised - - Expired (272,196) (3.28) Outstanding at September 30, 2016 2,055,419 $ 0.56 Exercisable at September 30, 2016 2,055,419 $ 0.56 Weighted average fair value of options granted during the year ended September 30, 2016 $ $0.30 Outstanding at September 30, 2016 2,055,419 $ 0.56 Granted 250,000 0.33 Exercised - - Expired (72,085) (4.45) Outstanding at September 30, 2017 2,233,334 $ 0.41 Exercisable at September 30, 2017 2,170,834 $ 0.41 Weighted average fair value of options granted during the year ended September 30, 2017 $ $0.24 Unrecognized compensation expense related to options at September 30, 2017 $ 15,000.00 Average remaining contractual term of options outstanding and exercisable at September 30, 2017 (years) 3.73

Note 14 - Commitments and Con53

Note 14 - Commitments and Contingencies: Schedule of Rent Expense (Tables)	12 Months Ended
	Sep. 30, 2017
Tables/Schedules
Schedule of Rent Expense	2017 2016 Mineral exploration expenses $ 51,600 $ 56,850 Other general and administrative expenses 42,000 42,000 Total $ 93,600 $ 98,850

Note 1 - Organization and Des54

Note 1 - Organization and Description of Business (Details)	12 Months Ended
	Sep. 30, 2017
Details
Entity Incorporation, State Country Name	Delaware

Note 2 - Summary of Significa55

Note 2 - Summary of Significant Accounting Policies: q. Translation of Foreign Currencies (Details) - USD ($)	12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Details
Foreign Currency Transaction Gain (Loss), Realized	$ 18	$ 16,773

Note 2 - Summary of Significa56

Note 2 - Summary of Significant Accounting Policies: s. Earnings Per Share, Policy: Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share (Details) - shares	12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Details
Stock options	2,233,334	2,055,419
Warrants	17,960,006	10,000,006
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	20,193,340	12,055,425

Note 3 - Fair Value Measureme57

Note 3 - Fair Value Measurements: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - USD ($)	Sep. 30, 2017	Sep. 30, 2016
Details
Cash and Cash Equivalents, Fair Value Disclosure	$ 67,154	$ 82,275
Restricted Cash and Cash Equivalents, Current	$ 285,128	694,157
Available-for-sale Securities, Equity Securities		$ 420,000

Note 4 - Property Option Agre58

Note 4 - Property Option Agreement (Details)	12 Months Ended
	Sep. 30, 2015USD ($)shares
Details
Share issuance on equity method investment | shares	2,000,000
Cash payment on equity method investment	$ 300,000
Payments to Acquire Equity Method Investments	$ 1,500,000

Note 5 - Property, Mineral Ri59

Note 5 - Property, Mineral Rights, and Equipment: Property, Plant and Equipment (Details) - USD ($)		Sep. 30, 2017	Sep. 30, 2016
Details
Mineral rights Talapoosa		$ 3,214,200	$ 1,668,400
Mineral rights Eureka		13,809,842	13,712,842
Mineral rights		50,000	50,000
Mineral Rights		17,074,042	15,431,242
Equipment and vehicles		63,591	63,591
Office equipment and furniture		70,150	70,150
Land		51,477	51,477
Property, Plant and Equipment, Gross		185,218	185,218
Accumulated depreciation		(133,741)	(133,741)
Property, mineral rights and equipment, net	[1]	$ 17,125,519	$ 15,482,719
[1]	Note 5

Note 5 - Property, Mineral Ri60

Note 5 - Property, Mineral Rights, and Equipment (Details) - USD ($)	12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Details
Lease income	$ 10,000	$ 10,000
Royalties sold on early stage properties	40,000
Depreciation	$ 0	$ 1,981

Note 6 - Investment in Joint 61

Note 6 - Investment in Joint Venture and Other Investments (Details)	12 Months Ended
	Sep. 30, 2016USD ($)shares
Details
Proceeds from Divestiture of Interest in Joint Venture	$ 225,000
Other Significant Noncash Transaction, Value of Consideration Received	222,900
Value received in sale of joint venture interest	447,900
Loss incurred in sale of joint venture interest	$ 180,050
Investment shares sold | shares	2,980,000
Realized gain on Investment shares sold	$ 5,000

Note 7 - Available-for-sale E62

Note 7 - Available-for-sale Equity Securities (Details) - USD ($)	12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Details
Available for sale equity securities owned		3,000,000
Realized gain on sale of available-for-sale securities	$ 124,086
Proceeds from sale of available-for-sale securities	$ 346,986

Note 7 - Available-for-sale E63

Note 7 - Available-for-sale Equity Securities: Schedule of Available-for-sale Securities Reconciliation (Details)	12 Months Ended
	Sep. 30, 2016USD ($)
Details
Other Significant Noncash Transaction, Value of Consideration Received	$ 222,900
Available-for-sale Equity Securities, Gross Unrealized Gain	197,100
Available-for-sale Securities, Equity Securities	$ 420,000

Note 8 - Related-party Transa64

Note 8 - Related-party Transactions (Details) - USD ($)	12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Payments on related party notes		$ (52,000)
Other General Expense		29,603
Recognized gain on equipment transferred to related parties		$ 27,601
Stock Issued During Period, Shares, Issued for Services		100,000
Stock Issued During Period, Value, Issued for Services		$ 14,000
Private placement units sold to related parties	105,000
Private placement units sold to related parties, value	$ 26,250
Private placement units, price per unit	$ 0.25
Gain on equipment transferred to related parties	$ 2,500	27,061
Loan agreement
Notes Payable, Related Parties, Current		52,000
Payments on related party notes		57,200
Payments of Financing Costs		$ 5,200
Private placement
Private placement units sold to related parties	105,000	1,431,733
Private placement units sold to related parties, value	$ 26,250	$ 214,760
Private placement units, price per unit		$ 0.15

Note 9 - Accrued Expenses_ Sc65

Note 9 - Accrued Expenses: Schedule of Accrued Liabilities (Details) - USD ($)		12 Months Ended
		Sep. 30, 2017	Sep. 30, 2016
Details
Payments for Other Fees		$ 250,000	$ 250,000
Professional and Contract Services Expense		9,923	49,000
Accrued expenses	[1]	$ 259,923	$ 299,000
[1]	Note 9

Note 10 - Asset Retirement Ob66

Note 10 - Asset Retirement Obligation: Schedule of Change in Asset Retirement Obligation (Details) - USD ($)	12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Details
Beginning balance	145,656	138,720
Accretion expense	$ 7,284	$ 6,936
Ending balance	152,940	145,656

Note 11 - Income Taxes_ Sched67

Note 11 - Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)	Sep. 30, 2017	Sep. 30, 2016
Details
Deferred Tax Assets Exploration Costs	$ 684,000	$ 847,000
Deferred Tax Assets, Investments	282,000	213,000
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost	2,181,000	2,224,000
Deferred Tax Assets, Tax Credit Carryforwards, Alternative Minimum Tax	2,000	2,000
Deferred Tax Assets, Tax Credit Carryforwards, Foreign	697,000	697,000
Deferred Tax Assets, Operating Loss Carryforwards, Domestic	15,097,000	14,442,000
Deferred Tax Assets, Operating Loss Carryforwards, Foreign	1,736,000	1,736,000
Deferred Tax Assets, Gross	23,672,000	23,082,000
Deferred Tax Assets, Valuation Allowance	(20,679,000)	(20,161,000)
BH Minerals USA, Inc.
Deferred Tax Assets Property Plant Ad Equipment, Subsidiary	(3,807,000)	(3,809,000)
Deferred Tax Assets Exploration Costs, Subsidiary	1,709,000	2,075,000
Deferred Tax Assets Operating Loss Carryforward Domestic, Subsidiary	5,091,000	4,655,000
Deferred Tax Assets, Gross, Subsidiary	2,993,000	2,921,000
Deferred Tax Assets Valuation Allowance, Subsidiary	$ (2,993,000)	$ (2,921,000)

Note 11 - Income Taxes (Details

Note 11 - Income Taxes (Details) - USD ($)	Sep. 30, 2017	Sep. 30, 2016
Details
Deferred Tax Assets, Gross	$ 23,672,000	$ 23,082,000
Deferred Tax Assets, Operating Loss Carryforwards	31,700,000
Deferred Tax Assets, Operating Loss Carryforwards, State and Local	14,500,000
Net operating loss carryforwards, subsidiary	14,546,000
Deferred Tax Assets, Other Tax Carryforwards	6,700,000
Deferred Tax Assets, Tax Credit Carryforwards, Foreign	697,000	$ 697,000
Deferred tax assets operating loss carryforward, restriction due to ownership change	$ 240,000

Note 11 - Income Taxes_ Sched69

Note 11 - Income Taxes: Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)	12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Details
Statutory Federal income tax rate	35.00%	35.00%
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	$ (551,885)	$ (989,179)
Effective Income Tax Rate Reconciliation, Other Reconciling Items, Amount		150,413
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount	(14,857)	(7,036)
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount	590,887	808,666
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount	44,840	37,136
Deferred taxes on unrealized gains		(68,985)
INCOME TAX PROVISION (BENEFIT)	$ 68,985	$ (68,985)

Note 12 - Common Stock, Warra70

Note 12 - Common Stock, Warrants and Preferred Stock (Details) - USD ($)	12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2013
Private placement units sold to related parties	105,000
Private placement units sold to related parties, value	$ 26,250
Common stock compensation		$ 351,500
Class A Warrants Exercise Price	$ 0.25
Warrants outstanding	9,960,006
Class B Warrants Exercise Price	$ 0.40
Class of Warrant or Right, Outstanding	17,960,006	10,000,006
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Par Value	$ 0.01	$ 0.01
Private placement
Private placement units sold to related parties	105,000	1,431,733
Private placement units sold to related parties, value	$ 26,250	$ 214,760
Stock Issued During Period, Shares, New Issues	8,000,000	10,000,006
Private offering at end of period
Price per unit	$ 0.15	$ 0.25
Units issued	8,000,000	10,000,006
Units issued, price per unit	0.25	0.15
Units issued, total proceeds	1,957,475	1,500,000
Warrants issued	8,000,000	10,000,006
Stock reserved for issuance	8,000,000	10,000,006
Stock issued for mineral rights property and equipment
Stock Issued During Period, Shares, Acquisitions	1,000,000
Stock Issued During Period, Value, Acquisitions	$ 480,000
Stock issued for compensation
Common stock compensation, stock		100,000
Common stock compensation		$ 14,000
Stock issued for stock unit awards
Common stock compensation, stock		675,000
Common stock compensation		$ 337,500
Stock issued for warrant exercises
Stock Issued During Period, Shares, New Issues	40,000
Sale of Stock, Price Per Share	$ 0.25
Warrants issued
Warrants issued	8,000,000	10,000,006	25,000

Note 13 - Stock-based Awards (D

Note 13 - Stock-based Awards (Details) - USD ($)	12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Details
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	250,000	1,793,837
Stock unit awards granted		775,000
Expired	(72,085)	(272,196)
Stock Issued During Period, Value, Share-based Compensation, Gross	$ 45,000	$ 890,966
Allocated Share-based Compensation Expense	0	351,500
General and administrative expence, stock options	$ 45,000	$ 0

Note 13 - Stock-based Awards_72

Note 13 - Stock-based Awards: Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions (Details) - $ / shares	12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Details
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Minimum	128.20%	110.40%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Maximum		128.70%
Stock price on date of grant, minimum	$ 0.33	$ 0.40
Stock price on date of grant, maximum		$ 0.50
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term	3 years	3 years
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Minimum	1.68%	0.90%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Maximum		1.00%
Sharebased Compensation Arrangement By Sharebased Payment Award FairValue Assumptions Expected Forfeiture Rate	0.00%	0.00%

Note 13 - Stock-based Awards_73

Note 13 - Stock-based Awards: Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs (Details) - USD ($)	12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Details
Compensation		$ 426,966
Other general and administrative expenses	$ 45,000	464,000
Stock Issued During Period, Value, Share-based Compensation, Gross	$ 45,000	$ 890,966

Note 13 - Stock-based Awards_74

Note 13 - Stock-based Awards: Share-based Compensation, Stock Options, Activity (Details) - USD ($)	12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2015
Details
Outstanding	2,233,334	2,055,419	533,778
Weighted Average Exercise Price, Exercisable	$ 0.41	$ 0.56	$ 2.48
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	250,000	1,793,837
Weighted Average Exercise Price, Granted	$ 0.33	$ 0.40
Expired	(72,085)	(272,196)
Weighted Average Exercise Price, Expired	$ (4.45)	$ (3.28)
Exercisable	2,170,834	2,055,419
Weighted average fair value of options granted	$ 0.41	$ 0.56
Exercisable	2,170,834	2,055,419
Weighted Average Exercise Price, Exercisable	$ 0.41	$ 0.56	$ 2.48
Unrecognized compensation expense related to options	$ 15,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term	3 years 8 months 23 days

Note 14 - Commitments and Con75

Note 14 - Commitments and Contingencies (Details) - USD ($)	12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
LookoutMountainMember
Other Commitments, Description	A portion of our Lookout Mountain mineral claims are subject to a mining lease and agreement dated August 22, 2003 with Rocky Canyon Mining Company, as amended on June 1, 2008. The lease term was extended to 20 years on June 1, 2008, and thereafter for as long as minerals are mined on the project. Under this agreement, we are obligated to make monthly advance royalty payments that total $72,000 per annum.
EurekaMember
Other Commitments, Description	A portion of our Eureka mineral claims are subject to two mining lease with purchase option agreements dated July 12, 2012 with Silver International, Inc. The initial term of each of the agreements is ten years and may be extended for four additional periods of five years each. Under these agreements, we are obligated to make annual advance royalty payments of $10,000 per annum.
TalapoosaMember
Other Commitments, Description	A portion of the Talapoosa mineral claims is subject to a mining lease and option to purchase agreement dated June 21, 2011 with Nevada Bighorns Unlimited Foundation. The initial term of the agreement is 20 years and may be extended for an additional 20 years and thereafter as long as minimum payments are being paid and exploration, development or mining activities are taking place. Under this agreement, we are obligated to make annual minimum payments of $10.00 per acre ($12,800) through June 21, 2020, increasing by $5.00 per acre in 2021 and every five years thereafter, subject to a maximum annual payment of $30.00 per acre. A portion of the Talapoosa mineral claims are subject to a mining lease with option to purchase agreement dated June 2, 1997 with Sario Livestock Company. The initial term of the agreement was 20 years and may be extended for an additional period of 20 years. In May 2017, we amended this agreement and extended the initial term of the agreement until June 2, 2020. Pursuant to the amended agreement, we made a payment of $18,000 on June 2, 2017, and we are obligated to make minimum royalty payments of $21,000 in June 2018 and $24,000 in June 2019. If the lease agreement is extended beyond June 2, 2020, the minimum royalty payments increase to $54,000 per year for 20 years. Another portion of the Talapoosa mineral claims is subject to a separate mining lease with option to purchase agreement with Sario Livestock Company dated September 11, 1989 and amended on July 13, 2010. The term of the agreement, as amended, is until September 10, 2029, with no right to extend the agreement beyond that date. Under this agreement, we are obligated to make a minimum royalty payment of $30,000 per year, or paid monthly at $2,500 per month. A portion of the Talapoosa mineral claims is subject to a mining lease dated July 14, 1990, as amended on August 25, 1998 and July 13, 2010, with Sierra Denali Minerals Inc. The term of the agreement, as amended in July 2010, is 10 years and may be extended for two additional periods of five years each. Under this amended agreement, we are obligated to make minimum payments of $35,000 per year.
FederalAndCountyClaimMaintenanceFeesMember
Maintenance fees, mineral exploration properties	$ 285,000	$ 285,000
Expected annual fees, mineral exploration properties	$ 285,000
Creditor Agreement
Other Commitments, Description	On September 12, 2017 (the “Effective Date”), we entered into an agreement with a creditor (the “Creditor”) (the “Agreement”) to pay by way of a payment plan an existing obligation of US$250,000 (the “Debt”) related to a potential corporate transaction in 2015 that was not completed. We agreed to pay the Debt within three years of the Effective Date. Interest on the unpaid amount of the Debt accrues from the Effective Date until the Debt is paid at a rate of prime (as set by Wells Fargo Bank (US), as such rate may change from time to time) plus 3% per annum. The interest rate as of September 30, 2017 is 7.25%. A portion of each equity financing or other funding arrangement, including sale of assets, are committed to the repayment of the Debt.
Real Estate commitments
Other Commitments, Description	We have real no estate lease commitments related to our main office in Coeur d’Alene, Idaho, our facility in Reno, Nevada, or our facility in Eureka, Nevada. The leases have expired on all of our offices and facilities and are rented on a month-to-month basis.

Note 14 - Commitments and Con76

Note 14 - Commitments and Contingencies: Schedule of Rent Expense (Details) - USD ($)	12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Details
Results of Operations Exploration Expense Mining	$ 51,600	$ 56,850
Other General and Administrative Expense	42,000	42,000
Operating Leases, Rent Expense	$ 93,600	$ 98,850

Note 15 - Subsequent Events (De

Note 15 - Subsequent Events (Details)	12 Months Ended
	Sep. 30, 2017
Details
Subsequent Event, Description	Subsequent to the year ended September 30, 2017, we closed one tranche of a private placement offering of Units of the Company at a price of $0.30 per Unit.