100% owned, patented land
A consolidated package of 11 patented and 131 unpatented claims, with resources primarily on private patented ground.
NYSE American: DRIL · Gold & Silver · Montana
USA’s Next Major
USA’s Next Major
Gold & Silver Discovery
Lannister Mining is advancing the 100%-owned Basin Gulch Project: a near-surface oxide gold-silver deposit on patented land, with 320 historical drill holes and an experienced team of mine-builders.
The thesis
Decades of drilling. Ready to advance.
Chevron, Cyprus and Cable Mountain spent years drilling and trenching Basin Gulch. In 1997, Kinross offered US$50 million for the project. Then it sat idle.
Lannister acquired Basin Gulch in 2021 and consolidated the land package. The company now holds a well-documented, near-surface oxide gold-silver deposit on predominantly patented, private land in the historic Philipsburg Mining District of Montana.
With that groundwork in hand, Lannister is drilling to convert the historical estimate into a maiden NI 43-101 / SK1300 resource, then expand it.
320
Historical drill holes
More than 48,000 m (157,480 ft)
46
Historical trenches
Over 4,570 m (15,000 ft)
US$50M
Kinross offer for the project
1997
Why Lannister
A U.S. gold project built to move fast
Six reasons Basin Gulch has an accelerated path to development.
Near-surface oxide gold
Gold identified at or near surface in rock samples, outcrops and trenches. Most drilling lies within 200 m of surface.
Significant historical work
Over 48,000 m of drilling and 46 trenches, compiled by Apex Geosciences, give Lannister a head start on its maiden resource.
Underexplored upside
Two-thirds of the property is relatively unexplored. Mineralization is open at depth and along strike.
Tier 1 U.S. jurisdiction
Montana is home to Barrick, Hecla and Montana Resources. Year-round road access, power, water and a mining workforce nearby.
Proven management
A team behind multi-million-ounce discoveries, project builds and sales, including a US$265M all-cash exit.
Next step
Get Investor Kit
Ready to dig deeper into Basin Gulch?
The opportunity
Room to grow in every direction.
Historical drilling outlined a diatreme complex about 800 by 1,000 m at surface, with long intervals of gold from surface: 1.8 g/t Au over 162 m and 3.2 g/t Au over 72 m.
Most of that drilling was shallow and never reached the base of the diatreme. CSAMT geophysics models the complex extending below 450 m (1,500 ft), and a strong anomaly beneath the historical drill area has never been tested.
- Open at depth
- Open along strike
- Untested geophysical target
- New regional targets
By the numbers
Exploration target, 0.3 g/t cut-offAt 0.79 g/t AuEq · historical drill data2
3.3M oz
Exploration target, 0.5 g/t cut-offAt 1.38 g/t AuEq · historical drill data2
1.2M oz
Trench, bulk tonnageAu and Ag over 149 m
2.05 g/t
High-grade interceptGold over 3 m
156 g/t
Unexplored share of propertyNew targets from geochemistry and geophysics
~⅔
Near surface. Patented land. 100% owned.
The plan
Verify. Test. Define. Expand.
A programme to turn historical data into a current, compliant resource.
01
Verify
About 40 infill and twin drill holes to confirm historical results and tighten the model.
02
Test metallurgy
Preliminary bench-scale tests for gravity recovery and a high-grade gold concentrate.
03
Define the resource
A maiden NI 43-101 / SK1300 resource report that incorporates all technical data to date.
04
Expand
Step-out drilling at depth and along strike, plus new target areas with discovery potential.
Leadership
Built by mine-finders and builders
Geologists and financiers behind multi-million-ounce discoveries, project builds and successful exits.
Jim Greig
CEO & Director
25 years advancing projects toward production. A founder and President of Benchmark Metals.
Kelvin Lee
Chief Financial Officer
Former CFO of Freeman Gold. Rose to CFO at a TSXV gold producer with $400M in revenue.
Will Randall
Director
Geologist who built the Sal de los Angeles lithium project, sold for $265M cash.
Mario Vetro
Director
Co-founder of TSX-listed K92 Mining. Specialist in growth capital for resource companies.
Board also includes Victor Cantore, Jo Anne Price and A. Max Zaretsky.
Next step
Get Investor Kit
Ready to dig deeper into Basin Gulch?
Get started
How to invest in DRIL at your broker
Four steps to become a Lannister Mining shareholder. Lannister trades on the NYSE American under the ticker DRIL.
01
Request the investor kit
Sign up below for the corporate presentation, news releases and invitations to investor webinars.
02
Confirm your brokerage
DRIL trades on the NYSE American. Most U.S. and Canadian brokerage accounts can place an order.
03
Search the ticker
Look up DRIL in your brokerage. Review the company’s SEC filings and risk factors before investing.
04
Buy DRIL shares
Place a market or limit order during NYSE American trading hours to add DRIL to your portfolio.
This is not an offer to sell or a solicitation of an offer to buy securities. Investing in an exploration-stage mining company involves significant risk, including possible loss of principal. Consider the risk factors in Lannister’s SEC filings carefully before investing.
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