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Basin Gulch offers exploration partners a consolidated 1,107 hectare gold and silver land package with more than 320 historical drill holes, open mineralization and two-thirds of the ground still unexplored.
For an exploration partner, the Basin Gulch Property combines an existing drill record with real room to grow. Lannister Mining reports intercepts from surface, mineralization open at depth and along strike, multiple high priority targets near the historic resource area, and year-round road access from Philipsburg, Montana.
Published by Lannister Mining
Because the hardest early questions already have partial answers. Mineralization has been drilled, the core is on patented land, and most of the surrounding ground has not been tested.
More than 320 historical drill holes and historical trenching. Reported highlights include 1.8 g/t Au over 162 meters from surface, 0.66 g/t Au over 326 meters from surface, and trench results of 25 g/t Au with 45 g/t Ag over 61 meters. See every result on the Basin Gulch historical drilling page.
Lannister Mining states the mineralization is open at depth, open along strike and untested regionally, that two-thirds of the property is unexplored, and that there are multiple high priority targets near the historic resource area. Future drilling will concentrate on additional mineralized target areas.
Year-round access from Philipsburg on paved and well-maintained gravel roads, about one hour from Butte, in the historic Philipsburg Mining District. Programs can be planned across seasons rather than in a short summer window.
CEO Jim Greig has more than 25 years advancing projects toward production. Directors include geologists Jo Anne Price, with more than two decades of experience across gold, poly-metallic and graphite projects, and Will Randall, with more than 20 years in mining and mineral exploration. Meet the full Lannister Mining team.
The same criteria for both. A greenfield property here means ground with no prior drilling, described in general terms.
| Criterion | Basin Gulch Property | Typical greenfield property |
|---|---|---|
| Prior drilling | More than 320 historical holes | None, by definition |
| Known mineralization | Historical intercepts from surface, e.g. 1.8 g/t Au over 162 m | Untested target |
| Land tenure | 11 patented core claims and 53 unpatented claims | Varies by property |
| Unexplored ground | About two-thirds of 1,107 ha | Most or all of the property |
| Access | Year-round from Philipsburg, MT | Varies by property |
| Next milestone | Confirmation drilling and a Maiden Mineral Resource Estimate | First drilling |
Basin Gulch fits partners who want to work from an existing data set toward a first resource, with expansion and regional targets around a known core. A greenfield property can fit better for partners whose mandate is first-discovery risk on wholly untested ground, or who are focused on a commodity other than gold and silver.
Company information, news and investor presentations are on the Lannister Mining main website. On this site, the exploration plan and claims page cover the work ahead and the land package in detail.
Exploration partners look at Basin Gulch because it combines an existing data set of more than 320 historical drill holes with ground that is still largely untested. Mineralization is open at depth and along strike, two-thirds of the property is unexplored, and there are multiple high priority targets near the historic resource area, all with year-round road access.
The Basin Gulch data set includes more than 320 historical drill holes and historical trenching, with reported highlights such as 1.8 g/t Au over 162 meters from surface and 25 g/t Au with 45 g/t Ag over 61 meters in trenches. Lannister Mining also publishes property maps. Details of the full data set are held by Lannister Mining.
Lannister Mining identifies multiple high priority targets near the historic resource area, along with extensions at depth and along strike where mineralization remains open. Because about two-thirds of the property is unexplored and untested regionally, the surrounding unpatented claims also hold early-stage ground. Future drilling will concentrate on these additional mineralized target areas.
Yes. Lannister Mining states that the Basin Gulch Property has year-round access from Philipsburg, Montana, on paved and well-maintained gravel roads, and is about one hour from Butte. Year-round access helps exploration crews, drill contractors and suppliers plan programs without the short seasonal windows that affect many remote projects.
Lannister Mining is led by CEO and Director Jim Greig, who has more than 25 years of experience advancing projects toward production. The board includes geologists Jo Anne Price, with more than two decades of experience including a decade in project management, and Will Randall, with more than 20 years in mining and mineral exploration. Advisor John Lewins is CEO of K92 Mining.
Yes. Lannister Mining states that the gold and silver mineralization at Basin Gulch is open in multiple directions and at depth, open along strike, and untested regionally. Open means drilling has not yet found the edges of the mineralized zone in those directions, which is why future drilling will also target additional mineralized areas within the property.
