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Basin Gulch
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Basin Gulch property

The Basin Gulch Property

The Basin Gulch property is a 1,107 hectare land package of 11 patented and 53 unpatented mining claims near Philipsburg, Montana.

Lannister Mining describes the property as primarily on patented land, with a core of patented claims surrounded by unpatented claims. It has year-round access from Philipsburg on paved and well-maintained gravel roads, is about one hour from Butte, and has multiple high priority targets near the historic resource area.

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Where is the Basin Gulch property?

Basin Gulch is in west-central Montana, in the heart of the historic Philipsburg Mining District. According to Lannister Mining, that district led the original US silver boom in the late 1800s, and the company describes it as a safe jurisdiction.

Lannister Mining map of Montana locating the Basin Gulch property
Location map published by Lannister Mining.

How big is the Basin Gulch land package?

The land package totals 1,107 hectares. Patented claims are private land where title has passed from the US federal government to the holder; unpatented claims grant mineral rights on federal land.

Basin Gulch property land position as reported by Lannister Mining
ItemFigureNote
Patented mining claims11Form the core of the property
Unpatented mining claims53Surround the patented core
Total land package1,107 hectaresConsolidated package
Explored to dateAbout one-thirdTwo-thirds still unexplored

Can the Basin Gulch property be reached all year?

Year-round access

Yes. The Basin Gulch property has year-round access from Philipsburg, Montana, on paved and well-maintained gravel roads, and is only about one hour from Butte. Lannister Mining highlights this as making the site accessible and open for exploration work in every season.

Year-round access matters to an exploration program because drilling, sampling and logistics do not have to stop for winter road closures, which can affect more remote properties.

Property facts in numbers

hectares
1,107
claims in total (11 patented, 53 unpatented)
64
from Butte, Montana
1 hr
historical drill holes
320+
The Basin Gulch property in west-central Montana
Image published by Lannister Mining.

Exploration upside across the property

With about two-thirds of the Basin Gulch property still unexplored, Lannister Mining sees significant exploration upside. Future drilling will concentrate on additional mineralized target areas within the property, alongside work on the historically drilled zone.

More maps are on the Lannister Mining property page. For the full picture, see the Basin Gulch project overview.

Questions about the Basin Gulch property

Where is Basin Gulch located?
Basin Gulch is in west-central Montana, in the historic Philipsburg Mining District. The property has year-round access from Philipsburg on paved and well-maintained gravel roads and is about one hour from Butte. According to Lannister Mining, the Philipsburg district led the original US silver boom in the late 1800s.
How big is the Basin Gulch land package?
The Basin Gulch land package totals 1,107 hectares, made up of 11 patented claims and 53 unpatented claims. The property is underlain by a core of patented mining claims surrounded by unpatented mining claims, and Basin Gulch is primarily on patented land.
What is a patented mining claim?
A patented mining claim is one where the US federal government has transferred title to the claim holder, making it private land. An unpatented claim grants mineral rights on federal land without transferring land title. Basin Gulch is primarily on patented land, with 11 patented and 53 unpatented claims.
Can Basin Gulch be accessed year round?
Yes. Basin Gulch has year-round access from Philipsburg, Montana, on paved and well-maintained gravel roads. The property is about one hour from Butte, Montana, which Lannister Mining highlights as making the site accessible for exploration work throughout the year.
What is the Philipsburg Mining District?
The Philipsburg Mining District is a historic mining district in west-central Montana. According to Lannister Mining, it led the original US silver boom in the late 1800s. Basin Gulch sits in the heart of this district, which the company describes as a safe jurisdiction for exploration.
How much of Basin Gulch is unexplored?
About two-thirds of the Basin Gulch property is still unexplored, according to Lannister Mining. Future drilling is planned to concentrate on additional mineralized target areas within the property, and the company reports multiple high priority targets near the historic resource area.
Is Basin Gulch in the USA?
Yes. Basin Gulch is in Montana, USA. Lannister Mining notes a clear market premium for gold and silver ounces in the USA that are compliant with S-K 1300 and NI 43-101 technical report standards, which is part of why the company is working toward a maiden resource there.
See all 44 questions in the Basin Gulch FAQ

Published by Lannister Mining