Sec Form 3 Filing - Jupiter Investment Management Ltd @ Timberline Resources Corp - 2023-08-29

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Jupiter Investment Management Ltd 2. Issuer Name and Ticker or Trading Symbol Timberline Resources Corp [ TLRS] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) THE ZIG ZAG BUILDING, 70 VICTORIA STREET 3. Date of Earliest Transaction (MM/DD/YY) 08/29/2023 (Street) LONDON, X0SW1E 6SQ 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock par value $0.001 per share ("Common Stock") 25,933,705 I See footnote ( 1 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Warrants $ 0.08 ( 2 ) 08/30/2026 Common Stock 5,000,000 I See footnote ( 1 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Jupiter Investment Management Ltd THE ZIG ZAG BUILDING 70 VICTORIA STREET LONDON, X0SW1E 6SQ X Jupiter Gold & Silver Fund 32 MOLESWORTH STREET DUBLIN, L2DO2 Y512 X Signatures Jupiter Investment Management Limited, By: /s/ Katie Carter, Head of Compliance 09/08/2023 Signature of Reporting Person Date Jupiter Gold & Silver Fund, By: /s/ Katie Carter, Head of Compliance 09/08/2023 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The securities reported herein are held by Jupiter Gold & Silver Fund (the "Jupiter Fund"). Jupiter Investment Management Limited serves as the investment manager to the Jupiter Fund and is indirectly controlled by Jupiter Fund Management plc. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein, if any, and the filing of this Form 3 shall not be construed as an admission that any Reporting Persons is the beneficial owner of any such securities for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or for any other purpose. ( 2 )Each warrant is exercisable to acquire one share of the Issuer's Common Stock at a price of $0.08 per share until the warrant expiration date of August 30, 2026.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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