The property
The Basin Gulch Property in west-central Montana
Published by Lannister Mining. Last updated November 2026.
The Basin Gulch Property is a 1,107-hectare gold and silver exploration property near Philipsburg, Montana, held by Lannister Mining.
Where is Basin Gulch, and what is on it?
According to Lannister Mining, Basin Gulch lies in the historic Philipsburg Mining District, has year-round road access from Philipsburg and sits one hour from Butte. It is primarily on patented land, hosted in oxides, and has seen more than 320 historical drill holes, with mineralization open at depth, along strike and untested regionally.
Property facts at a glance
- Total land package
- 1,107 ha
- Patented mining claims
- 11
- Unpatented mining claims
- 53
- Historical drill holes
- 320+
- Of the property still unexplored
- Two-thirds
- Road access from Philipsburg
- Year-round
Source: Lannister Mining property page, as of November 2026.
What kinds of mineral interest make up the land package?
The land package is built from two interest types. Lannister Mining reports a core of 11 patented mining claims, surrounded by 53 unpatented mining claims, for 1,107 hectares in total. The company describes it as a large, highly prospective, consolidated package with multiple high priority targets near the historic resource.
| Interest type | Count | Position in package | General meaning |
|---|---|---|---|
| Patented claims | 11 | Core of the property | Privately held land, including surface and minerals |
| Unpatented claims | 53 | Surrounding the core | Mineral rights located on federal land |
How do you get to Basin Gulch?
Basin Gulch has year-round access from Philipsburg, Montana, on paved and well-maintained gravel roads, and Lannister Mining states it is only one hour from Butte. For an exploration partner, year-round access matters because it affects when drilling, sampling and site visits can be scheduled.
What kind of mineralization does Basin Gulch host?
Lannister Mining describes high grade gold and silver (Au-Ag) mineralization near surface, hosted in oxides. The company states that the mineralization is open in multiple directions and at depth, and that the property has potential to host a significant Maiden Mineral Resource Estimate after expansion and confirmation drilling of historical drill intercepts.
The detailed historical intercepts are on the Basin Gulch technical summary.
Why Montana, the Treasure State?
Montana is known as the Treasure State because of its mineral wealth and a history built on mining, and the industry still plays an active role in its economy. The first gold discovery in the Montana territory occurred in 1852 at Gold Creek, near present-day Garrison. Silver, copper, nickel and platinum have since been discovered and mined there.
Basin Gulch is in the Philipsburg Mining District, which Lannister Mining notes led the original US silver boom in the late 1800s. For background on the state's mining sector, the Montana Bureau of Mines and Geology publishes geological maps and mineral data.
Back to the overview: an exploration joint venture in Montana at Basin Gulch.
Common questions
Where is the Basin Gulch Property?
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 Philipsburg district led the original US silver boom in the late 1800s.
See this answer in the full FAQHow big is the Basin Gulch land package?
The land package covers 1,107 hectares. Lannister Mining reports it is made up of 11 patented claims and 53 unpatented claims, with a core of patented mining claims surrounded by unpatented claims. The company describes it as a large, consolidated package with multiple high priority targets near the historic resource.
See this answer in the full FAQIs Basin Gulch on patented or unpatented land?
Both. Lannister Mining reports Basin Gulch is primarily on patented land, with a core of 11 patented mining claims surrounded by 53 unpatented mining claims. In general, patented claims are privately held land, while unpatented claims hold mineral rights on federal land.
See this answer in the full FAQHow much of Basin Gulch has been explored?
Lannister Mining states that two-thirds of the Basin Gulch Property is still unexplored. The company describes the mineralization as open at depth, open along strike, open in multiple directions and untested regionally. Future drilling is planned to concentrate on additional mineralized target areas within the property.
See this answer in the full FAQIs Montana a good place for gold exploration?
Montana is known as the Treasure State for its mineral wealth and mining history, and Lannister Mining describes it as a safe jurisdiction. The first gold discovery in the Montana territory was in 1852 at Gold Creek near present-day Garrison, and silver, copper, nickel and platinum have since been discovered and mined there.
See this answer in the full FAQHow far is Basin Gulch from major towns?
Lannister Mining reports year-round access to Basin Gulch from Philipsburg, Montana, on paved and well-maintained gravel roads, and states the property is only one hour from Butte. Ask the company directly about visiting the property as part of a partner or investor review.
See this answer in the full FAQTalk to Lannister Mining
Investors and potential exploration partners can reach Lannister Mining directly. Investor relations: Ken Cotiamco, 604-687-7130, IR@lannistermining.com.