SEC Comment Letter 0000000000-23-003343 to Timberline Resources Corp (TLRS) (CIK 0001288750)
Timberline Resources Corp (TLRS) (CIK 0001288750)
Date: April 3, 2023 · CIK: 0001288750 · Accession: 0000000000-23-003343
AI Filing Summary & Sentiment
File numbers found in text: 001-34055
Letter
United States securities and exchange commission logo April 3, 2023 Ted Sharp Chief Financial Officer Timberline Resources Corp 101 East Lakeside Avenue Coeur d’Alene, Idaho 83814 Re:Timberline Resources Corp Form 10-K for the Fiscal Year ended September 30, 2022 Filed December 29, 2022 File No. 001-34055 Dear Ted Sharp: We have reviewed your March 17, 2023 response to our comment letter and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response. After reviewing your response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our March 1, 2023 letter. Form 10-K for the Fiscal Year ended September 30, 2022 Description Of Properties, page 18 1.We understand from your responses to prior comments 1, 2, 3 and 4 that you intend to amend your annual report to address the concerns outlined in those comments, and that the amendment will include an updated Technical Report Summary as an exhibit, unless you decide to eliminate certain resource disclosures.
Please submit the specific revisions that you propose and the draft Technical Report Summary for review in advance of filing your amendment and, to the extent that you are contemplating the alternative of removing disclosures, address each aspect of the referenced disclosure requirements that may apply in either case.
FirstName LastNameTed Sharp Comapany NameTimberline Resources Corp April 3, 2023 Page 2 FirstName LastName Ted Sharp Timberline Resources Corp April 3, 2023 Page 2 Please confirm that revisions to disclosures concerning your mineral properties and the Technical Report Summary will be based on information underlying or inherent within your mining plan as of the end of your fiscal year of September 30, 2022, and will not incorporate or reflect changes or information arising in subsequent periods.
You may contact John Cannarella, Staff Accountant, at (202) 551-3337 with any questions regarding comments on accounting matters, or Ken Schuler, Mining Engineer, at (202) 551-3718 with any questions regarding comments on the mineral property disclosures. You may contact Karl Hiller, Branch Chief, at (202) 551-3686 with any other questions. Sincerely, Division of Corporation Finance Office of Energy & Transportation
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United States securities and exchange commission logo
April 3, 2023
Ted Sharp
Chief Financial Officer
Timberline Resources Corp
101 East Lakeside Avenue
Coeur d’Alene, Idaho 83814
Re:Timberline Resources Corp
Form 10-K for the Fiscal Year ended September 30, 2022
Filed December 29, 2022
File No. 001-34055
Dear Ted Sharp:
We have reviewed your March 17, 2023 response to our comment letter and have the
following comments. In some of our comments, we may ask you to provide us with information
so we may better understand your disclosure.
Please respond to these comments within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe our
comments apply to your facts and circumstances, please tell us why in your response.
After reviewing your response to these comments, we may have additional
comments. Unless we note otherwise, our references to prior comments are to comments in our
March 1, 2023 letter.
Form 10-K for the Fiscal Year ended September 30, 2022
Description Of Properties, page 18
1.We understand from your responses to prior comments 1, 2, 3 and 4 that you intend to
amend your annual report to address the concerns outlined in those comments, and that the
amendment will include an updated Technical Report Summary as an exhibit, unless you
decide to eliminate certain resource disclosures.
Please submit the specific revisions that you propose and the draft Technical Report
Summary for review in advance of filing your amendment and, to the extent that you are
contemplating the alternative of removing disclosures, address each aspect of the
referenced disclosure requirements that may apply in either case.
FirstName LastNameTed Sharp
Comapany NameTimberline Resources Corp
April 3, 2023 Page 2
FirstName LastName
Ted Sharp
Timberline Resources Corp
April 3, 2023
Page 2
Please confirm that revisions to disclosures concerning your mineral properties and the
Technical Report Summary will be based on information underlying or inherent within
your mining plan as of the end of your fiscal year of September 30, 2022, and will not
incorporate or reflect changes or information arising in subsequent periods.
You may contact John Cannarella, Staff Accountant, at (202) 551-3337 with any
questions regarding comments on accounting matters, or Ken Schuler, Mining Engineer, at (202)
551-3718 with any questions regarding comments on the mineral property disclosures. You may
contact Karl Hiller, Branch Chief, at (202) 551-3686 with any other questions.
Sincerely,
Division of Corporation Finance
Office of Energy & Transportation