- The Basin Gulch Property is in west-central Montana, USA, in the heart of the historic Philipsburg Mining District. It has year-round access from Philipsburg on paved and well-maintained gravel roads and is about one hour from Butte. The district led the original US silver boom of the late 1800s.
- The Basin Gulch Property includes 11 patented claims and 53 unpatented claims, 64 in total, covering 1,107 hectares. A core of patented mining claims is surrounded by unpatented claims. Lannister Mining describes this as a large, consolidated land package with multiple high priority targets near the historic resource area.
- A patented claim is land where the federal government has transferred title to a private owner, so the holder owns the surface and minerals. An unpatented claim gives the right to explore and develop minerals on federal land while the government keeps title, and it is maintained with annual filings and fees. The Bureau of Land Management can confirm current rules.
- Lannister Mining states that about two-thirds of the Basin Gulch Property is still unexplored. The company says the known gold and silver mineralization is open at depth, open along strike and untested regionally, which is why future drilling is planned both around historical intercepts and on additional target areas within the property.
- Lannister Mining describes Basin Gulch as gold and silver mineralization hosted in oxides, near surface, and primarily on patented land. The company says this gives significant implied mine design optimization flexibility. Any processing route would still need confirmation through metallurgical testwork during later technical studies, as with any exploration project.
- The Philipsburg Mining District led the original US silver boom in the late 1800s, so the area has a long mining history and established road access. Montana is known as the Treasure State, and the first gold discovery in the Montana territory was in 1852 at Gold Creek, near present-day Garrison. Lannister Mining calls it a safe jurisdiction.
- Yes. Lannister Mining states the property has year-round access from Philipsburg, Montana, on paved and well-maintained gravel roads, and that it sits about one hour from Butte. Year-round access matters to exploration partners because it affects when drill programs, sampling and site visits can be scheduled.
