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Gold-silver exploration property, west-central Montana

Basin Gulch, Montana: near-surface gold and silver with 320+ historical drill holes

Basin Gulch, Montana is a gold-silver exploration property in the historic Philipsburg Mining District, explored by Lannister Mining. Its oxide-hosted mineralization starts at surface, remains open at depth and along strike, and sits on a 1,107 hectare claims package with year-round road access.

Review the historical drilling

Last updated: Published by Lannister Mining

Historical drill highlightsBar length shows interval length. Historical results as reported by Lannister Mining.
  • 0.66 g/t Auover 326 m (1,069.6 ft), from surface
  • 1.8 g/t Auover 162 m (531.5 ft), from surface
  • 3.2 g/t Auover 72 m (236.2 ft), from surface
  • 25 g/t Auover 14 m (45.9 ft)
  • 156 g/t Auover 3 m (9.8 ft)

What is the Basin Gulch property in Montana?

Basin Gulch is a near-surface gold-silver exploration property in west-central Montana.

Lannister Mining is advancing Basin Gulch toward a maiden mineral resource estimate. The property has seen more than 320 historical drill holes, is primarily on patented land, is hosted in oxides, and remains open at depth, along strike and regionally, with two-thirds of the ground still unexplored.

This site is written for investors and potential project partners who want the property facts in one place. Figures are stated exactly as Lannister Mining reports them, and historical results are labeled as historical. For company news and filings, visit the Lannister Mining website.

Definition: the Basin Gulch property

The Basin Gulch property is a 1,107 hectare gold-silver exploration land package explored by Lannister Mining in the Philipsburg Mining District of west-central Montana. It consists of a core of 11 patented mining claims surrounded by 53 unpatented mining claims. Gold and silver mineralization at Basin Gulch is near surface and hosted in oxides. More than 320 historical drill holes have tested part of the property, and Lannister Mining plans confirmation and expansion drilling to support a future maiden mineral resource estimate. The property is reached year-round from Philipsburg on paved and well-maintained gravel roads, about one hour from Butte.

Basin Gulch by the numbers

The strongest figures Lannister Mining reports for the property, unrounded.

historical drill holes
320+
patented mining claims
11
unpatented mining claims
53
total land package
1,107 ha
of the property still unexplored
2/3
drive from Butte, Montana
1 hour

Why Basin Gulch stands out for gold exploration

Four facts shape the opportunity, each from Lannister Mining materials.

Significant historical work

More than 320 historical drill holes give Basin Gulch a large starting dataset. Lannister Mining plans to combine that historical drilling with new work programs in a future maiden mineral resource estimate, rather than starting exploration from bare ground.

Near-surface, oxide-hosted mineralization

Several highlight intercepts begin at surface, including 1.8 g/t Au over 162 meters and 0.66 g/t Au over 326 meters. Lannister Mining says the near-surface position implies significant mine design optimization flexibility.

A consolidated land package

Eleven patented claims form the core, with 53 unpatented claims around them, for 1,107 hectares in total. Lannister Mining reports multiple high-priority targets near the historic resource area.

A historic US mining district

Basin Gulch sits in the Philipsburg Mining District, which led the original United States silver boom in the late 1800s. Lannister Mining describes the location as a safe jurisdiction.

Basin Gulch facts at a glance

Basin Gulch property facts, as reported by Lannister Mining
AttributeBasin GulchWhy it matters to partners
CommoditiesGold and silverTwo precious metals reported in historical trench results
Historical drillingMore than 320 drill holesA large dataset to confirm and build on
Host rockOxides, near surfaceSeveral highlight intercepts start at surface
Land tenure11 patented and 53 unpatented claimsA private-land core with surrounding claims
Area1,107 hectaresRoom for multiple target areas
Explored to dateAbout one-thirdTwo-thirds of the property still unexplored
AccessYear-round from Philipsburg, about 1 hour from ButteField programs are not limited to a short season
Next milestoneMaiden mineral resource estimateThe first formal estimate of tonnage and grade

What happens next at Basin Gulch?

Lannister Mining has described these planned steps. They follow the usual order of resource development.

  1. Confirm historical intercepts

    Drill to verify that modern sampling matches selected historical results.

  2. Expand known mineralization

    Step out where mineralization is open at depth and along strike.

  3. Test new target areas

    Focus future drilling on additional mineralized targets within the property.

  4. Prepare a maiden resource estimate

    Combine historical drilling and new work into the first formal mineral resource estimate.

Explore the Basin Gulch guide

Property maps and images are on the Lannister Mining Basin Gulch property page.

Common questions

What is Basin Gulch in Montana?

Basin Gulch is a gold-silver exploration property in west-central Montana, explored by Lannister Mining. It sits in the historic Philipsburg Mining District, hosts near-surface oxide gold-silver mineralization, and has seen more than 320 historical drill holes. The land package covers 1,107 hectares across 11 patented and 53 unpatented mining claims.

More in the Basin Gulch FAQ

How many drill holes have been completed at Basin Gulch?

More than 320 historical drill holes have been completed at Basin Gulch, according to Lannister Mining. That historical drilling, together with new work programs, is planned to feed a future maiden mineral resource estimate. Future drilling is also planned to focus on additional mineralized target areas within the property.

More in the Basin Gulch FAQ

What type of gold mineralization is at Basin Gulch?

Basin Gulch hosts near-surface gold-silver mineralization in oxides, according to Lannister Mining. Several historical drill intercepts started at surface, including 0.66 g/t Au over 326 meters and 3.2 g/t Au over 72 meters. Lannister Mining says this near-surface position implies significant flexibility for future mine design optimization.

More in the Basin Gulch FAQ

Where is Basin Gulch located?

Basin Gulch is in west-central Montana, within the historic Philipsburg Mining District. The property is reached from the town of Philipsburg on paved and well-maintained gravel roads and is about one hour from Butte, Montana. Property maps are available on the Lannister Mining website property page.

More in the Basin Gulch FAQ

Is Basin Gulch an operating mine?

No. Basin Gulch is an exploration property, not an operating mine. Lannister Mining states that the asset has seen significant historical work but has not been mined out. The current plan is further drilling and a maiden mineral resource estimate, which are exploration and resource development steps that come well before any production decision.

More in the Basin Gulch FAQ

Why would an investor look at Basin Gulch?

Lannister Mining describes Basin Gulch as a rare opportunity to gain exposure to an asset that has seen significant historical work, has not been mined out and sits in a premium jurisdiction. Key facts include more than 320 historical drill holes, near-surface oxide mineralization and a 1,107 hectare land package.

More in the Basin Gulch FAQ

How we chose these facts

This page was written by Lannister Mining, the company exploring Basin Gulch and the publisher of this site. Property figures are taken from Lannister Mining published materials and are stated exactly as reported, with historical results labeled as historical. General explanations describe common mineral exploration practice. Read the full methodology.

Published by Lannister Mining