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Basin Gulch Gold ProjectWest-central Montana
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Land packageLast updated: November 2026Published by Lannister Mining

The Basin Gulch mining claims

The Basin Gulch land package covers 1,107 hectares made up of 11 patented and 53 unpatented mining claims.

Lannister Mining describes it as a large, highly prospective consolidated land package, with a core of patented claims surrounded by unpatented claims and multiple high priority targets near the historic resource area.

What is the difference between patented and unpatented claims?

A patented mining claim is private land owned outright, while an unpatented claim gives the right to explore and develop minerals on federal public land.

Unpatented claims in the United States are administered by the Bureau of Land Management and must be maintained each year. Read the BLM overview of mining claims for the rules.

How the Basin Gulch land is organized

Land package numbers

total land package
1,107 ha
patented mining claims
11
unpatented mining claims
53
claims in total
64

As published by Lannister Mining, as of November 2026.

Why a patented core matters

Basin Gulch is primarily on patented land, according to Lannister Mining. Patented claims are private property, which generally gives an owner more certainty over the land where the known mineralization sits.

The unpatented claims around that core extend the package over ground that, in Lannister Mining's words, is untested regionally. Permitting requirements still apply to work on both types of land.

Patented and unpatented claims compared

Patented versus unpatented claims on the Basin Gulch land package
CriterionPatented claimsUnpatented claims
Count at Basin Gulch1153
PositionCore of the propertySurrounding the core
Land statusPrivate landFederal public land with mineral rights claimed
UpkeepProperty ownershipAnnual maintenance with the BLM

Ownership and option terms for the claims are covered in the Lannister Mining investor briefing.

Part of our guide to Lannister Mining among mineral exploration companies in the USA and the Basin Gulch project.

Common questions

Short answers here. Every question links to the full Basin Gulch FAQ.

How large is the Basin Gulch land package?

The total land package covers 1,107 hectares and includes 11 patented claims and 53 unpatented claims, according to Lannister Mining. A core of patented mining claims is surrounded by unpatented claims, and the company lists multiple high priority targets near the historic resource.

What is a patented mining claim?

A patented mining claim is one where the United States government has passed title to the claimant, so the land becomes private property, generally including surface and mineral rights. Basin Gulch is primarily on patented land, with 11 patented claims forming the core of the property. The Bureau of Land Management explains claim types in more detail.

What is an unpatented mining claim?

An unpatented mining claim gives the holder the right to explore for and develop locatable minerals on federal land, while the land stays in federal ownership. Holders generally must meet annual maintenance requirements with the Bureau of Land Management. Basin Gulch includes 53 unpatented claims surrounding its patented core.

Why does patented land matter for an exploration project?

Patented land is private land, which generally gives the owner more direct control over the surface and access than federal land does. State and federal permitting rules still apply to exploration and mining. Lannister Mining notes that Basin Gulch is primarily on patented land, hosted in oxides, with more than 320 historical drill holes.

Are there targets outside the historic resource area?

Yes. Lannister Mining lists multiple high priority targets near the historic resource and states that future drilling will concentrate on additional mineralized target areas within the property. With two-thirds of the property still unexplored, much of the 1,107 hectare land package has not yet been tested.

What are the ownership terms for Basin Gulch?

This site summarizes Lannister Mining's published project facts and does not restate ownership or agreement terms. The company presents Basin Gulch as its focus project. For exact ownership, option or royalty details, read the June 2026 USA investor presentation and confirm with investor relations at IR@lannistermining.com or 604-687-7130.

Ask for the Basin Gulch investor briefing

Lannister Mining investor relations: Ken Cotiamco, 604-687-7130, IR@lannistermining.com

Published by Lannister Mining