Lannister Mining
Primary ticker: NYSE:DRIL
Stage of development: Exploration
Primary minerals: Gold and Silver
Project to promote: Basin Gulch Gold-Silver
Project location: Montana, USA
Website: lannistermining.com
Corporate presentation: Click here
• IPO on the NYSE American for July, 2024 (no Canadian dual listing)
• Advanced gold-silver oxide project in Montana, USA (+320 historical drill holes)
• 5 million ounce gold oxide target
• Internal model suggests near 2 million gold ounces, oxide at >1g/t gold after Phase 1 drilling (Summer/Fall 2024)
• Majority of resource area on patented/private land
• Year-round access off major roads
• Bulk tonnage and high-grade potential
• 1.8 g/t Au over 162 m (from surface, historical drilling)
• 156 g/t Au over 3 m (historical drilling)
• 1.62 g/t Au and 32 g/t Ag over 159 m (surface trenching)
• +10 additional exploration targets to be tested
Cash: USD $10,000,000
Debt: NIL
Major shareholders:
Brokers, Retail
Management Ownership – 20 %
Financials
Management Profile
Jim Greig – CEO
Jim Greig is CEO at Lannister Mining and brings his +25 years of experience advancing and developing projects to production scenarios. Jim possesses significant technical, financial, and project management abilities to aggressively advance Lannister as a top-tier precious metals company. He was previously a founder and President at Thesis Gold Inc, advancing a multi-million ounce gold-silver asset in Canada.
What is your rationale for taking part in 121 Mining Investment?
IPO and capital raise
What recent news would you like to highlight to investors attending?
Inaugural drill program to validate and expand historical results towards a maiden Resource Estimate
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
10,000m drill program
6 Months:
Assay results and resource modeling
12 Months:
Mineral Resource Estimate
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Commodity prices – gold and silver
What do you think makes your company such a compelling investment?
Advanced USA project on a USA exchange
What are the top 3 key investor takeaways?
1. IPO new company,
2. Advanced project with large drill database,
3. Multi-million gold oxide target