For investors and exploration partners
Basin Gulch for investors and exploration partners
Published by Lannister Mining Last updated November 2026
Basin Gulch offers investors and exploration partners a drill-tested gold and silver property in Montana that has not been mined out and has two thirds of its ground still unexplored.
Lannister Mining, which publishes this guide, describes Basin Gulch as a rare opportunity to get exposure to an asset with significant historical work in a premium jurisdiction. This briefing gathers the facts a partner or investor typically checks first: land, data, access, team, and the path to a Maiden Mineral Resource Estimate.
Why would an exploration partner look at Basin Gulch?
An exploration partner would look at Basin Gulch because much of the expensive early work already exists. More than 320 historical drill holes and a trench program outline near-surface, oxide-hosted gold and silver, and the core of the property is patented land.
At the same time, two thirds of the property is unexplored, and mineralization is open at depth and along strike. A partner would work on both confirming known results and testing new targets.
The partner checklist, answered
- Land package, 11 patented + 53 unpatented claims
- 1,107 ha
- Historical drill holes
- 320+
- Oxide-hosted gold and silver
- Near surface
- Access from Philipsburg
- Year-round
- From Butte, Montana
- 1 hour
- Of property unexplored
- 2/3
As published by Lannister Mining, as of November 2026.
What is the investment case?
Lannister Mining states there is a clear premium in the market for S-K 1300 and NI 43-101 compliant gold and silver ounces in the USA, and that US-based companies with 43-101 compliant resources trade at a significant premium to peers.
Basin Gulch does not yet have a compliant resource. The investment case rests on turning historical work into a future Maiden Mineral Resource Estimate through confirmation and expansion drilling. Exploration investing carries high risk, and nothing here is investment advice.
| Person | Role | Published experience |
|---|---|---|
| Jim Greig | CEO and Director | 25+ years advancing projects; founder of Thesis Gold (formerly Benchmark Metals) |
| Kelvin Lee | CFO | 15+ years financial management at public companies; CPA, CGA |
| Mario Vetro | Director | Principal of Commodity Partners Inc.; co-founder of K92 Mining |
| Victor Cantore | Director | 25+ years in capital markets for resource and high-tech sectors |
| Max Zaretsky | Director | 18+ years structuring funding through private placement |
| Jo Anne Price | Director | Geological consultant, two decades of experience; BSc and MSc Geology |
| Will Randall | Director | Professional geologist, 20+ years; sold Sal de los Angeles for $265M |
| John Lewins | Advisor | Mineral Engineer, 35+ years; CEO of K92 Mining |
Full biographies are on the Lannister Mining team page.
How do partners usually join an exploration project?
Exploration partners commonly join through a joint venture, an option, or an earn-in agreement, where the partner funds work such as drilling in exchange for an interest in the project. Terms vary case by case. This guide does not publish partnership terms for Basin Gulch.
The best starting point is the Lannister Mining Invest page, which carries the investor presentations, followed by the historical drilling results in this guide.
Full project details live on the Lannister Mining website
Property maps, team biographies, and the June 2026 USA Investor Presentation for the Basin Gulch Project.
Common questions
Short answers from the full gold exploration FAQ.
What is an exploration partner in mining?
An exploration partner is a company or investor that joins a project to share costs, expertise, or risk, often through a joint venture, option, or earn-in agreement. Partners may fund drilling in exchange for an interest in the project. Terms are negotiated case by case, and any Basin Gulch arrangement would be discussed directly with Lannister Mining.
What does Basin Gulch offer an exploration partner?
Basin Gulch offers a consolidated land package of 11 patented and 53 unpatented claims, more than 320 historical drill holes, near-surface oxide-hosted gold and silver, and year-round road access from Philipsburg. Two thirds of the property is still unexplored, so a partner would work on both confirming known mineralization and testing new targets.
How can a company look into a partnership on Basin Gulch?
Start with the project information on Lannister Mining's main website, lannistermining.com, including the property page and the investor presentation. Those materials summarize the land package, historical drilling, and plans. Partnership terms are not published in this guide, and any discussion takes place directly with Lannister Mining.
Why might investors look at Basin Gulch?
Lannister Mining describes Basin Gulch as an asset with significant historical work that has not been mined out and sits in a premium jurisdiction. Supporting facts include more than 320 historical drill holes, near-surface oxide-hosted mineralization, 11 patented and 53 unpatented claims, and two thirds of the property unexplored. Exploration investing carries high risk.
Who leads Lannister Mining?
Jim Greig is CEO and Director, with more than 25 years of experience advancing and developing projects. Kelvin Lee is CFO, with over 15 years of financial management experience at publicly traded companies. The company states many of its co-founders or senior executives were also behind K92 Mining, Fosterville South Exploration, Arena Minerals, and Thesis Gold.
Does Lannister Mining have geologists on its board?
Yes. Director Jo Anne Price is a geological consultant with over two decades of experience, including a decade in project management, and holds a BSc and MSc in Geology. Director Will Randall is a professional geologist with over 20 years in mining and mineral exploration. Advisor John Lewins is a Mineral Engineer with over 35 years in the industry.
Keep reading the guide
- MontanaMontana gold exploration history, the Philipsburg Mining District, and the jurisdiction.
- Basin GulchLand package, access, geology, and exploration upside at the Basin Gulch Property.
- DrillingHistorical drill intercepts and trench highlights from Basin Gulch, explained.
- StagesA step-by-step guide to the stages of mineral exploration.
- CompaniesCriteria for evaluating gold exploration companies, with a published-facts comparison.
- USA explorationMineral exploration in the USA, S-K 1300, NI 43-101, and land tenure basics.
- By the numbersKey gold exploration numbers with sources, as of 2026.