Lion Rock Resources Commences Drilling at Volney Project, South Dakota

Core Insights - Lion Rock Resources Inc. has initiated its first drill program at the Volney Project in South Dakota, marking a significant step in its exploration efforts [1][4]. Financial Position - Following a successful financing round of $5.3 million in Q3 2025, the company is well-funded to carry out an extensive multi-phase exploration and drilling program at the Volney Project [2]. Drilling Program Details - The drilling program aims to test multiple gold and lithium targets identified through historical drilling and recent fieldwork, representing the first modern drill testing of the Volney trend [5]. - Surface sampling has revealed high-grade gold zones, with chip samples showing up to 14.0 g/t Au and float samples reaching 189.5 g/t Au, indicating strong expansion potential [5]. - The project also presents opportunities for lithium and tin, with outcrop samples returning up to 3.7% Li2O and historic stockpiles averaging 3.8% Li2O, alongside tin assays exceeding 1.0% Sn in thirteen stockpile samples [5]. Geological Insights - New magnetic data and 3D inversion results have identified a significant magnetic high associated with gold mineralization, reinforcing the geological model of a deep-seated mineralized system over 1,000 m [5]. - The South Dakota Department of Agriculture and Natural Resources has approved a strategic permit area, allowing the company to advance multiple high-priority targets efficiently [5]. Project Background - The Volney Project is located in the historically rich Black Hills mining district, known for significant gold production, including over 40 million ounces from the Homestake Mine [9]. - The project features the Giant Volney pegmatite, which is 635 m long and remains untested at depth, highlighting its potential for future exploration [9].