FAQ
Last updated: November 2026. Published by Lannister Mining.
Basin Gulch is a gold and silver exploration property in Montana with more than 320 historical drill holes, explored by Lannister Mining.
Below are 45 questions exploration partners and investors ask about the Basin Gulch Property, grouped by topic. Each answer starts with the direct answer, uses figures reported by Lannister Mining and names outside sources where they are used.
Basin Gulch is a 1,107-hectare gold and silver property in west-central Montana, explored by Lannister Mining. It hosts near-surface oxide mineralization and more than 320 historical drill holes.
The Basin Gulch Property is a gold and silver exploration project in west-central Montana advanced by Lannister Mining. It hosts near-surface gold and silver oxide mineralization, has seen more than 320 historical drill holes and covers a 1,107-hectare land package made up of 11 patented and 53 unpatented mining claims.
Basin Gulch is in west-central Montana, in the historic Philipsburg Mining District. Lannister Mining reports year-round access from Philipsburg on paved and well-maintained gravel roads, and the property is about one hour from Butte. The Basin Gulch map page on this site shows the location and claim layout.
Lannister Mining is the mineral exploration company advancing the Basin Gulch Property. The company is based in Vancouver, British Columbia, and describes itself as a Montana-focused gold and silver developer. For ownership details and agreement terms, review the company investor presentation or contact the Lannister Mining team directly.
The Basin Gulch land package covers 1,107 hectares. It is made up of 11 patented claims and 53 unpatented claims, with a core of patented mining claims surrounded by unpatented claims. Lannister Mining describes it as a large, consolidated land package with multiple high priority targets near the historic resource area.
Basin Gulch is being explored for gold and silver. Lannister Mining describes the target as near-surface gold and silver (Au-Ag) oxide mineralization. Historical drill highlights are reported in grams of gold per tonne, and historical trench highlights report both gold and silver grades.
No. Basin Gulch is an exploration stage property, not an operating mine. Lannister Mining states the asset has seen significant historical work but has not been mined out. The company plans further exploration and confirmation drilling with the goal of a future Maiden Mineral Resource Estimate.
Not yet. Lannister Mining plans to use historical drilling together with new work programs in a future Maiden Mineral Resource Estimate. Until that estimate is published, historical results on this site should be read as exploration data, not as a current mineral resource.
More than 320 historical drill holes have been completed at Basin Gulch, according to Lannister Mining. That body of historical work is one of the main reasons the property stands out among early stage gold projects, because it gives explorers a large existing dataset before any new drilling begins.
Highlight historical intersections reported by Lannister Mining include 1.8 g/t gold over 162 metres from surface, 0.66 g/t gold over 326 metres from surface, 3.2 g/t gold over 72 metres from surface, 156 g/t gold over 3 metres and 25 g/t gold over 14 metres.
g/t Au means grams of gold per tonne of rock. A result of 1.8 g/t Au over 162 metres means the drill core averaged 1.8 grams of gold in each tonne across that 162 metre length. g/t Ag is the same measure for silver.
From surface means the mineralized interval starts at the top of the hole rather than deep underground. Three of the highlight Basin Gulch intersections, including 1.8 g/t gold over 162 metres, are reported from surface. Lannister Mining links this near-surface position to significant implied mine design optimization flexibility.
Lannister Mining lists these historical trench highlights: 62 g/t gold and 32 g/t silver over 159 metres, 4 g/t gold and 23 g/t silver over 146 metres, 5 g/t gold and 54 g/t silver over 34 metres, and 25 g/t gold and 45 g/t silver over 61 metres. Confirm each figure against company technical documentation.
The results are historical and are shown as reported by Lannister Mining. The company plans expansion and confirmation drilling of historical drill intercepts before a Maiden Mineral Resource Estimate. Partners should review the underlying data and any technical reports rather than relying on highlight figures alone.
Yes. Lannister Mining states that future drilling will confirm and expand historical intercepts and will concentrate on additional mineralized target areas within the property. The company has not published a drill schedule on this site, so contact the team for current timing.
Basin Gulch already has more than 320 historical drill holes. For scale, a press roundup on Rohstoff-Welt reported a planned six-hole program of about 3,050 feet (930 metres) at the Rowland Tungsten Property in Elko County, Nevada. Different projects, metals and stages, but it shows how much prior drilling Basin Gulch carries.
The Basin Gulch map page on this site shows the property location in Montana, the claim layout and the historical drilling area, using maps published by Lannister Mining. Each map links to its full-size version on the company website so you can zoom into the detail.
Access is from Philipsburg, Montana, on paved and well-maintained gravel roads. Lannister Mining reports that the property can be reached year-round. Site visits should be arranged with the company in advance, since the property is an active exploration project on mining claims.
Basin Gulch is about one hour from Butte, Montana, according to Lannister Mining. Butte is a long-established mining city, and that proximity, together with year-round road access from Philipsburg, keeps logistics simpler than at many remote exploration projects.
Basin Gulch is in the historic Philipsburg Mining District of Montana. Lannister Mining notes that the district led the original United States silver boom in the late 1800s. Montana itself is known as the Treasure State because of its mineral wealth and mining history.
In the United States, a patented mining claim is held as private property, while an unpatented claim gives the holder the right to explore and develop minerals on federal land, subject to annual requirements. Basin Gulch has 11 patented claims at its core and 53 unpatented claims around them.
About two-thirds of the Basin Gulch Property is still unexplored, according to Lannister Mining. The company describes the mineralization as open at depth and along strike, and regionally untested, which is why the exploration targets page focuses on ground beyond the historical drilling area.
Probably not. Several places share the Basin Gulch name, and some online maps cover trails or county parcels elsewhere. This site covers only the Basin Gulch mineral property near Philipsburg in west-central Montana, explored for gold and silver by Lannister Mining.
Basin Gulch hosts near-surface gold and silver oxide mineralization, according to Lannister Mining. The property is primarily on patented land and the mineralization is hosted in oxides. The company describes it as high grade Au-Ag mineralization near surface, open in multiple directions and at depth.
Near-surface mineralization can reduce the waste rock that must be moved to reach it, and oxide material is often simpler to process than unoxidized sulphide rock. Lannister Mining links the Basin Gulch setting to significant implied mine design optimization flexibility. Processing suitability is always confirmed by metallurgical testing.
Yes. Lannister Mining reports that the gold and silver mineralization at Basin Gulch is open in multiple directions and at depth, open along strike and untested regionally. Open mineralization means the known zone has not been closed off by drilling, leaving room for expansion.
Lannister Mining reports multiple high priority targets near the historic resource area, plus additional mineralized target areas elsewhere on the property. With about two-thirds of the land package unexplored, targets include extensions of known mineralization and regional ground that has not yet been tested.
Montana has a long mining history: the first gold discovery in the Montana territory was made in 1852 at Gold Creek, near present-day Garrison, and silver, copper, nickel and platinum have since been mined in the state. Lannister Mining considers it a safe jurisdiction for exploration.
This site is for exploration partners and investors looking at gold and silver projects in Montana, starting with Basin Gulch. It gathers the drilling highlights, maps, geology, targets and team background in one place so a technical or commercial reader can assess the property quickly.
Use the contact page on the Lannister Mining website at lannistermining.com/contact. Lannister Mining also lists investor relations at IR@lannistermining.com and 604-687-7130, with Ken Cotiamco named as the representative. The office is at 1500 - 1055 West Georgia Street, Vancouver, BC V6E 4N7.
Yes. Lannister Mining publishes a USA Investor Presentation dated June 2026 on its website, alongside a Canadian version. The presentation is the company document to review for full project detail, and this site links to it from the exploration partners page.
NI 43-101 is the Canadian standard for public disclosure of mineral project information, and S-K 1300 is the equivalent United States SEC rule. Both set out how mineral resources must be estimated and reported by qualified persons. Lannister Mining states there is a clear market premium for compliant gold and silver ounces in the USA.
A compliant resource estimate turns historical data into a formally reported resource that investors and partners can compare across projects. Lannister Mining states that US-based companies with 43-101 compliant resources trade at a significant premium compared with their peers, which is why a Maiden Mineral Resource Estimate is a key Basin Gulch milestone.
This site does not list specific partnership or deal terms. Lannister Mining wants to hear from exploration partners and investors interested in gold and silver in Montana. The best first step is to contact the team with a short description of your organization and what you are looking for.
Lannister Mining lists its office at 1500 - 1055 West Georgia Street, Vancouver, British Columbia, Canada V6E 4N7. Its focus project, the Basin Gulch Property, is in west-central Montana near Philipsburg.
A gold exploration company finds and defines gold deposits before any mine is built. Typical work includes mapping, sampling, trenching and drilling, then estimating a mineral resource to industry reporting standards. Lannister Mining is doing this at Basin Gulch, building on more than 320 historical drill holes.
Yes. Lannister Mining is a mineral exploration company focused on gold and silver at the Basin Gulch Property in west-central Montana. Its work centres on near-surface gold and silver oxide mineralization and on advancing the property toward a Maiden Mineral Resource Estimate.
Lannister Mining explores for silver as well as gold, but it is an exploration company rather than a producing silver miner. Historical trench results at Basin Gulch include silver grades from 23 to 54 g/t alongside gold, and the property sits in a district known for Montana silver history.
Jim Greig is CEO and Director of Lannister Mining. He brings more than 25 years of experience advancing and developing projects toward production. He was a founder, President and Director at Thesis Gold (formerly Benchmark Metals), which advanced a 5 million ounce gold-silver project in British Columbia.
Lannister Mining states that many of its co-founders or senior executives held the same roles at K92 Mining, Fosterville South Exploration, Arena Minerals and Thesis Gold. The team includes finance, capital markets, legal and geology experience, and advisor John Lewins is CEO of K92 Mining.
The Lannister Mining board lists Jim Greig as CEO and Director, plus directors Mario Vetro, Victor Cantore, Max Zaretsky, Jo Anne Price and Will Randall. Jo Anne Price and Will Randall are geologists with more than two decades of experience each. Kelvin Lee serves as CFO.
Compare mineral exploration companies on the same points: jurisdiction, size and quality of existing data, how much ground remains untested, access and infrastructure, project stage and team track record. The methodology page explains how this site presents Basin Gulch against those criteria using only reported facts.
This site does not rank gold exploration companies. It is published by Lannister Mining and presents facts about the Basin Gulch Property so readers can make their own judgment. Those facts include more than 320 historical drill holes, a 1,107-hectare land package and highlight intersections such as 1.8 g/t gold over 162 metres from surface.
A Maiden Mineral Resource Estimate is the first formally reported mineral resource for a project. Lannister Mining plans to combine historical Basin Gulch drilling with new work programs to support one. It is a milestone because it gives partners and investors a standardized figure to compare against other projects.
No. Basin Gulch drilling is mineral exploration drilling for gold and silver in Montana. It is unrelated to oil and gas drilling in sedimentary basins such as the Permian, which uses different methods, targets and economics. Basin Gulch is simply the name of the property.
An exploration company searches for and defines mineral deposits, while a mining company extracts and processes ore from a built mine. Exploration companies such as Lannister Mining create value by advancing a property through drilling and resource estimation, which can lead to partnerships, development or sale.
Reach the Lannister Mining team directly to request data, discuss the property or arrange a conversation.
Published by Lannister Mining
