Timberline Resources Corporation announced that Mr. Steven E. Gilbertson has joined the company's board of directors. Mr. Gilbertson has over 20 years of finance and engineering experience and has assisted public and private companies in raising capital in excess of $30 billion in the aggregate. In June 2017 he founded Clayton East Advisors focused on natural resources and industrial companies. In connection with his appointment to the Board, which is subject to review and approval of the TSX-V, Mr. Gilbertson has been granted 100,000 options to acquire common shares of Timberline. The options have an exercise price equal to the fair market value of the stock at the time of the grant of US$0.10 per share, vest immediately, and have a term of five years.