Mr. R. Dale Ginn reports
LION ROCK RESOURCES BEGINS 2025 EXPLORATION PROGRAM AT VOLNEY PROJECT, TARGETING CRITICAL MINERALS IN SOUTH DAKOTA
Lion Rock Resources Inc. has commenced its 2025 exploration program at the Volney project in the Black Hills mining district in South Dakota. The program includes a high-resolution magnetic survey and a detailed mapping and sampling initiative targeting high-grade lithium, gold and tin mineralization.
The Volney project, located 20 kilometres southwest of Spearfish, is a past-producing, multicommodity asset situated on 142 hectares of privately held land with both surface and mineral rights, enabling rapid permitting and efficient execution of exploration activities. A permit application has been submitted for an extensive drill program, and field crews are mobilized on site for mapping, sampling and geophysical surveys.
News highlights:
- High-grade, multicommodity potential across property: The Volney project hosts historic lithium grades up to 5.4 per cent Li2O (lithium oxide), including a 10,000-kilogram bulk sample that averaged 2.5 per cent Li2O; gold values including 8.0 grams per tonne gold over 43.0 metres and 18.2 grams per tonne gold over 18.3 metres; and tin values up to 2.5 per cent tin reported across the full length of the property. Both lithium and tin are designated as critical minerals in the United States, underscoring the strategic importance of the project.
- Private land -- fast-tracked permitting: The Volney project is situated on 142 hectares of privately held land with both surface and mineral rights, year-round road access, and proximity to infrastructure, enabling rapid drill program execution and accelerated permitting from exploration through to production.
- High-resolution magnetic survey under way: This 35-metre resolution drone magnetic survey by EarthEx Geophysical Solutions Inc. will assist in identifying structural controls, including shear zones associated with gold mineralization and pegmatite extensions.
- Mapping and sampling program in progress: Field teams are systematically mapping and collecting samples to refine drill targeting and expand known mineralized zones.
Dale Ginn, president and chief executive officer of Lion Rock, stated: "Our 2025 exploration program is designed to advance the Volney project through detailed fieldwork and modern exploration techniques. With boots on the ground and private land permitting already in motion, we're excited to unlock the potential of this underexplored, multicommodity project with historic sampling reporting near-concentrate-grade lithium at surface. Volney has not benefited from modern exploration, and, with lithium, gold and tin designated as U.S. critical minerals, the project is well positioned with potential to support domestic supply priorities and create long-term value for our shareholders."
About the Volney project
The Volney project is a multicommodity project strategically located in South Dakota's Black Hills, a historically rich and active mining region. The Black Hills have produced over 62 million ounces of gold, including from the prolific Homestake mine, one of the most significant gold producers in North American history. The district continues to attract modern exploration efforts, with companies such as Dakota Gold Corp. actively advancing projects within the Black Hills. The project encompasses high-grade gold, high-grade lithium and high-grade tin mineralization, with notable historic grades up to 18.2 grams per tonne gold over 18.3 metres, 5.3 per cent Li2O and 2.5 per cent tin. The Volney project is home to the Giant Volney pegmatite, a 635-metre-long LCT (lithium/cesium/tantalum) pegmatite with strong expansion potential, and an extensive high-grade gold system. The project is accessible year-round and consists of private claims with surface and mineral rights, which facilitate rapid permitting and project advancement.
The technical content of this news release has been reviewed and approved by Carl Ginn, PGeo, consultant to the company and a qualified person pursuant to National Instrument 43-101. The data referenced in this release include historical results derived from prior operators and public records. While the company believes the historical data to be reliable and relevant, it has not yet independently verified the information through its own exploration programs. Further work is required to verify the accuracy of these results and determine their significance.
About Lion Rock Resources Inc.
Lion Rock Resources is a Canadian mineral exploration company committed to advancing high-grade gold and lithium projects across North America. The company's flagship asset, the Volney project, is located in South Dakota's Black Hills, a mining-friendly jurisdiction surrounded by active gold operations. The Volney project hosts high-grade gold, lithium and tin mineralization, with historic drill results showing gold grades of up to 18.2 grams per tonne gold over 18.3 metres and lithium concentrations as high as 5.3 per cent Li2O. The company is led by an award-winning team with a proven record of mineral discoveries, project development and financing.
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