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Lion Rock Resources (LRRIF) has announced two significant board appointments. Nav Dhaliwal, a capital markets expert with over 20 years of experience, joins as Executive Chairman and director. Laurence Farmer, currently General Counsel and VP of Strategic Development at Osisko Development Corp., joins as an independent director, replacing Nicholas Rodway.
Dhaliwal brings extensive experience in mining sector fundraising, having raised over $500M for exploration companies. He is also the CEO of Renegade Gold and holds positions at Badlands Resources and Mason Graphite. Farmer brings significant legal and financial expertise, with experience in transactions exceeding US$20 billion in value.
The company's main asset is the Volney project in South Dakota, a multi-commodity critical minerals project featuring lithium, gold, and tin deposits. The project's location on private land with good infrastructure access enables accelerated permitting and year-round operations.
Lion Rock Resources (OTC: LRRIF) has launched its 2025 exploration program at the Volney Project in South Dakota's Black Hills Mining District. The project, spanning 142 hectares of private land, targets high-grade lithium, gold, and tin mineralization. Historical sampling has shown impressive grades of up to 5.4% Li₂O for lithium, 8.0 g/t Au over 43.0 m for gold, and 2.5% Sn for tin.
The company has initiated a high-resolution drone magnetic survey at 35m resolution and deployed field teams for mapping and sampling. The private land status enables fast-tracked permitting from exploration to production. The project's strategic importance is heightened as both lithium and tin are designated as critical minerals in the U.S.
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