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Lion Rock Resources

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Lion Rock Resources (TSXV: ROAR) is a mineral exploration company focused on advancing the Volney Project, a high-grade gold and critical minerals exploration asset located on private land in the Black Hills of South Dakota.

Investor website: https://www.lionrockresources.com/

About

Lion Rock Resources (TSXV: ROAR) is a mineral exploration company focused on advancing the Volney Project, a high-grade gold and critical minerals exploration asset located on private land in the Black Hills of South Dakota. The project covers 142 hectares and has historical mineralization of gold, lithium, and tin, yet has seen limited modern exploration.

Verified company data

Cash position
~$5,000,000
Shares outstanding
23,971,815
Fully diluted shares
24,104,315
Mineral resource
The Volney Project is located in the Black Hills of South Dakota, a region with a long history of gold and tin production and limited modern exploration. The property hosts multiple historic mines and workings, including the Rusty Mine and Hydliff Adit for gold, and the Rough and Ready Mine for tin and gold. Gold mineralization at Volney is interpreted to be shear-hosted, with wide zones of mineralization identified in historic surface and underground workings. Lithium mineralization is hosted within LCT pegmatites, including the Giant Volney Pegmatite—a key focus of the project's hard-rock lithium exploration. Historic exploration across the property was shallow and discontinuous, leaving the system largely untested at depth and along strike.
Projects
["The Volney Project\n\nHigh-grade gold and lithium with historic tin in South Dakota's Black Hills — two independent mineral systems within a single past-producing property, mineralized from surface.\n\n142 ha Private Land\n0 m Depth to Mineralization\nCUP Approved\nJune 2026\n15 Holes · ~3,600 m Drilled\n\nProject Overview\n\nTwo Mineral Systems, One Project\n\nShear-hosted gold mineralization occurs alongside lithium‑cesium‑tantalum (LCT) pegmatites — multiple, independent exploration targets within a single project footprint.\n\nGiant Volney Pegmatite at surface\nAverage surface sample grade\n5–15g/t Au\nHistoric Rusty Mine intersections\n\nWhy Volney\n\nKey Highlights\n\n01\n\nTwo Mineral Systems, One Project\n\nShear-hosted gold mineralization occurs alongside lithium-tantalum-tin (LCT) pegmatites, providing multiple, independent exploration targets within a single project footprint.\n\n02\n\nDistrict-Scale Lithium Potential\n\nMultiple LCT pegmatites converge to form the Giant Volney Pegmatite, extending approximately 635 metres at surface. Surface sampling returned average grades of 4.4% Li₂O, with values up to 5.4% Li₂O.\n\n03\n\nActive, Funded Exploration\n\nLion Rock has completed its Phase 1 drill program at Volney — an active, funded exploration effort systematically advancing both gold and lithium targets, with Phase 2 planning underway.\n\n04\n\nCompelling High-Grade Gold History\n\nHistoric workings at the Rusty Mine reported gold intersections of 5 to 15 g/t Au over widths of 15 to 45 metres. Channel sampling at the Rough and Ready Mine returned 18.2 g/t Au over 18.3 metres.\n\n05\n\nUnderexplored at Depth\n\nHistoric drilling at the Rusty Mine was limited to approximately 50 metres depth, yet intersected wide mineralized zones in all eight drill holes—the system remains largely untested at depth.\n\n06\n\nPast-Producing Ground\n\nHistoric production of cassiterite, tantalite, and spodumene concentrates—all from a single zone—supports the fertility of the LCT pegmatite system across the broader property.\n\nProject Details\n\nGold, Lithium, and Tin in a Historic Mining District\n\nThe Volney Project is located in the Black Hills of South Dakota, a region with a long history of gold and tin production and limited modern exploration. The property hosts multiple historic mines and workings, including the Rusty Mine and Hydliff Adit for gold, and the Rough and Ready Mine for tin and gold.\n\nGold mineralization at Volney is interpreted to be shear-hosted, with wide zones of mineralization identified in historic surface and underground workings. Lithium mineralization is hosted within LCT pegmatites, including the Giant Volney Pegmatite—a key focus of the project's hard-rock lithium exploration.\n\nHistoric exploration across the property was shallow and discontinuous, leaving the system largely untested at depth and along strike.\n\nPhase 1 · Completed Q1 2026\n\nDrill-Confirmed, From Surface\n\nFifteen holes and ~3,600 metres completed on schedule and budget — mineralization intersected from surface, grades at or above commercial thresholds, and gold in all nine holes that targeted gold-bearing structures.\n\n2.3% Li₂O over 5.7 m VOL24-007\n0.8% Li₂O over 25.4 m from 12.2 m depth VOL24-004\n3,715 ppm Ta₂O₅ over 1.0 m VOL25-013\n0.3% Sn over 3.0 m VOL24-006\n10.9 m @ 2.0 g/t Au within 24.8 m @ 0.8 g/t VOL25-006\n\nFirst of multiple targets — surface sampling confirms additional mineralized pegmatites along strike and across the property."]
Leadership
R. Dale Ginn, P.Geo. (President & CEO · Director, Experienced mining executive and geologist with over 35 years of experience, founder of over ten exploration and mining companies, and has led significant gold and base metal discoveries.), Nav Dhaliwal (Executive Chair · Director, Capital markets expert with over 20 years of experience maximizing shareholder value in the mining sector.), P. Joseph Meagher, CPA, CA (Chief Financial Officer, Chartered Professional Accountant and Chartered Director, currently CFO for several publicly listed companies.), Laurence Farmer (Director, Experienced legal and financial executive, currently General Counsel and Vice President of Strategic Development at Osisko Development Corp.), Dominic Verdejo (Director, Over 12 years of experience in venture capital markets, specializing in market strategies and corporate development.), Rick Boulay (Director, Geologist with over 40 years of experience in exploration and mining industries, including extensive project financing experience.), Carrie Cesarone (Corporate Secretary, Seasoned corporate secretary with 25 years of experience in regulatory compliance and corporate governance.)

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