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Lannister Mining

By the numbers

Gold and mineral exploration, by the numbers

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How big is the mineral exploration industry in 2026?

Global mining exploration investment is projected to surpass $15 billion by 2026, a 12% increase from 2024 levels, according to Farmonaut.

This page, published by Lannister Mining, collects published industry statistics with their sources beside the company's own Basin Gulch figures. Industry figures describe the market; they are not Lannister Mining results.

Lannister Mining at Basin Gulch: the company's own figures

historical drill holes
320+
land package
1,107 ha
patented claims
11
unpatented claims
53
longest highlighted intercept from surface, at 0.66 g/t Au
326 m
drive from Butte, MT
1 hour

As reported by Lannister Mining, as of November 2026. Drill figures are historical and require confirmation.

What do published studies say about mining and exploration?

What do these numbers mean for a gold exploration company?

The largest miners reported higher margins in 2025, and exploration spending is projected to grow. For an explorer, that backdrop matters because producers and investors fund discovery. The United States holding the largest share of the exploration services market, at 18.9%, also places a Montana project like Basin Gulch in an active market.

None of these figures predict results at Basin Gulch. For the asset itself, read the historical drilling results, or return to the Lannister Mining mineral exploration company overview.

Common questions

Read all questions about Lannister Mining
Why explore for gold in the United States?
Jurisdiction affects permitting, title and investor confidence. Lannister Mining describes Montana as a safe jurisdiction and states that US-based companies with compliant resources trade at a premium to peers. Published market research also reports the United States leads the mineral exploration services market with an 18.9% share.
What is the difference between a gold exploration company and a gold mining company?
A gold exploration company looks for and defines deposits, while a gold mining company produces and sells metal. Explorers like Lannister Mining usually have no mining revenue, so their value rests on drill data, land and team. Producers report ounces, costs and revenue; for example, Coeur reported record Q2 2026 revenue of $1.1 billion.
How many drill holes have been completed at Basin Gulch?
More than 320 historical drill holes have been completed at Basin Gulch. Lannister Mining plans to use this historical drilling, together with new work programs, in a future Maiden Mineral Resource Estimate after expansion and confirmation drilling of historical intercepts.
What are the risks of investing in an exploration company?
Exploration companies carry high risk because their value depends on results that are not yet proven. Drilling may not confirm historical results, a resource may be smaller than hoped, and financing and metal prices can change. Lannister Mining does not yet have a current resource estimate, so read its materials carefully.
What is gold exploration?
Gold exploration is the work of finding and testing gold deposits before a mine is designed. It moves from mapping and sampling to trenching and drilling, then to resource estimation and technical studies. Each stage reduces uncertainty, and many projects never move past early stages, which is why drill data matters so much.

Discuss Basin Gulch with Lannister Mining

Exploration partners and investors can reach the company through its contact page.

Contact Lannister Mining