Lion Rock Drilling Update for High-Grade Gold-Lithium Project at Volney, South Dakota

Core Insights - Lion Rock Resources Inc. is advancing its inaugural drill program at the Volney Project in South Dakota, which has historically produced high-grade gold, lithium, and tin [1][10]. Financial Position - The company completed a financing round of $5.3 million in Q3 2025, providing sufficient funds to support its multi-phase exploration and drilling program at the Volney Project [2]. Drilling Progress - The drill program is progressing well, with multiple holes intersecting sulphide mineralization and strong alteration consistent with high-grade gold mineralization observed at the surface [4]. - All six drill holes targeting pegmatites have encountered spodumene-bearing zones, indicating potential for high-grade lithium [5]. - A total of ten drill holes have been completed, totaling approximately 2,400 meters, targeting both gold-bearing horizons and lithium-bearing pegmatites [5]. Geological Findings - Drill core samples have shown characteristics similar to surface mapping, with grab samples returning up to 14.0 g/t Au [5]. - Spodumene has been identified in multiple pegmatite intercepts, with drillhole VOL25-009 intersecting two spodumene-bearing zones [5]. Project Overview - The Volney Project is strategically located in the Black Hills, a historically significant mining region, and is home to the Giant Volney pegmatite, which remains untested at depth [10]. - The project is accessible year-round and consists of private claims with surface and mineral rights, facilitating rapid permitting and advancement [10].