Core Viewpoint - Lion Rock Resources Inc. has reported significant drill results from the Giant Volney target area at its Volney Project, indicating a well-developed lithium-tin-tantalum pegmatite system with multiple critical minerals present, which is strategically important for North America's supply chain of these minerals [1][5]. Group 1: Drill Results - The Phase 1 drill program involved approximately 3,600 meters of diamond drilling across 15 drillholes, with initial results showing significant lithium-tin-tantalum mineralization [2][3]. - Notable lithium intercepts include: - 0.8% Li2O over 25.4 meters in drillhole VOL25-004, with 1.3% Li2O over 14.3 meters [7]. - 1.5% Li2O over 10.3 meters in drillhole VOL25-005, which ended in pegmatite [7]. - 1.6% Li2O over 10.6 meters in drillhole VOL25-007 [7]. - Additional critical minerals identified include gallium (up to 67 ppm), rubidium (up to 3,948 ppm), cesium (up to 938 ppm), and tantalum (up to 301 ppm) [3][4]. Group 2: Project Overview - The Volney Project is located in South Dakota's Black Hills, a historically significant mining region, and features the Giant Volney pegmatite, which is 635 meters long and remains untested at depth [18]. - The project hosts a multi-commodity critical mineral profile, including lithium, tin, tantalum, gallium, cesium, rubidium, and gold, all of which are on the current US Critical Minerals List [4][5]. - The project is accessible year-round and consists of private claims with surface and mineral rights, facilitating rapid permitting and advancement [18].
Lion Rock's First Results from Maiden Drill Program Reveals Discovery of Multiple Critical Mineral Intercepts Within the Volney Pegmatite