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Lion Rock Resources Begins 2025 Exploration Program at Volney Project, Targeting Critical Minerals in South Dakota

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Lion Rock Resources (LRRIF) ha avviato il suo programma di esplorazione 2025 presso il Progetto Volney nel distretto minerario delle Black Hills, South Dakota. Il progetto, situato su 142 ettari di terreno privato, è focalizzato su mineralizzazioni ad alto tenore di litio, oro e stagno. Campionamenti storici hanno evidenziato valori notevoli fino a 5,4% di Li₂O per il litio, 8,0 g/t Au su 43,0 m per l’oro e 2,5% di Sn per lo stagno.

Il programma di esplorazione comprende un’indagine magnetica ad alta risoluzione con drone realizzata da EarthEx Geophysical Solutions, oltre a iniziative sistematiche di mappatura e campionamento. La società ha presentato richieste di permessi per un ampio programma di perforazioni, con le squadre sul campo già operative in loco. La posizione del progetto su terreno privato con diritti sia superficiali che minerari facilita l’ottenimento dei permessi e rende più efficienti le attività di esplorazione.

Lion Rock Resources (LRRIF) ha iniciado su programa de exploración 2025 en el Proyecto Volney en el Distrito Minero de Black Hills, Dakota del Sur. El proyecto, ubicado en 142 hectáreas de terreno privado, se enfoca en mineralizaciones de litio, oro y estaño de alta ley. Muestreos históricos han mostrado grados impresionantes de hasta 5.4% de Li₂O para litio, 8.0 g/t Au sobre 43.0 m para oro y 2.5% de Sn para estaño.

El programa de exploración incluye una encuesta magnética de alta resolución con drones realizada por EarthEx Geophysical Solutions, además de iniciativas sistemáticas de mapeo y muestreo. La compañía ha presentado solicitudes de permisos para un extenso programa de perforación, con equipos de campo ya movilizados en el sitio. La ubicación del proyecto en terreno privado con derechos tanto superficiales como minerales permite una tramitación ágil de permisos y actividades de exploración eficientes.

Lion Rock Resources (LRRIF)는 사우스다코타 블랙힐스 광산 지구에 위치한 Volney 프로젝트에서 2025년 탐사 프로그램을 시작했습니다. 이 프로젝트는 142헥타르의 사유지에 위치하며, 고품위 리튬, 금, 주석 광화를 목표로 합니다. 과거 샘플링 결과 리튬은 5.4% Li₂O, 금은 43.0m 구간에서 8.0 g/t Au, 주석은 2.5% Sn의 뛰어난 품위를 보였습니다.

탐사 프로그램에는 EarthEx Geophysical Solutions가 수행하는 고해상도 드론 자기 탐사와 체계적인 지질 조사 및 샘플링 활동이 포함됩니다. 회사는 광범위한 시추 프로그램을 위한 허가 신청서를 제출했으며, 현장 인력도 이미 투입된 상태입니다. 프로젝트가 지상권과 광물권을 모두 보유한 사유지에 위치해 있어 허가 절차가 원활하고 탐사 활동이 효율적으로 진행됩니다.

Lion Rock Resources (LRRIF) a lancé son programme d’exploration 2025 sur le projet Volney dans le district minier des Black Hills, Dakota du Sud. Le projet, situé sur 142 hectares de terrain privé, vise des minéralisations riches en lithium, or et étain. Des échantillonnages historiques ont révélé des teneurs impressionnantes allant jusqu’à 5,4% de Li₂O pour le lithium, 8,0 g/t Au sur 43,0 m pour l’or et 2,5% de Sn pour l’étain.

Le programme d’exploration comprend une levée magnétique haute résolution par drone réalisée par EarthEx Geophysical Solutions, ainsi que des initiatives systématiques de cartographie et d’échantillonnage. La société a déposé des demandes de permis pour un vaste programme de forage, avec des équipes de terrain déjà mobilisées sur place. La localisation du projet sur un terrain privé avec des droits de surface et miniers facilite l’obtention des permis et permet une exploration efficace.

Lion Rock Resources (LRRIF) hat sein Erkundungsprogramm 2025 beim Volney-Projekt im Bergbaudistrikt Black Hills, South Dakota, gestartet. Das Projekt erstreckt sich über 142 Hektar Privatgrund und zielt auf hochgradige Lithium-, Gold- und Zinnmineralisierung ab. Historische Proben zeigten beeindruckende Gehalte von bis zu 5,4% Li₂O für Lithium, 8,0 g/t Au über 43,0 m für Gold und 2,5% Sn für Zinn.

Das Erkundungsprogramm umfasst eine hochauflösende Drohnen-Magnetikbefliegung durch EarthEx Geophysical Solutions sowie systematische Kartierungs- und Probennahmeaktivitäten. Das Unternehmen hat Genehmigungsanträge für ein umfangreiches Bohrprogramm eingereicht, und Feldteams sind bereits vor Ort im Einsatz. Die Lage des Projekts auf Privatgrund mit sowohl Oberflächen- als auch Bergbaurechten ermöglicht eine reibungslose Genehmigung und effiziente Erkundungsarbeiten.

Positive
  • Historic high-grade mineral findings: 5.4% Li₂O, 8.0 g/t Au over 43.0 m, and 2.5% Sn
  • Private land ownership enables fast-tracked permitting and year-round access
  • Strategic focus on U.S. critical minerals (lithium and tin)
  • Project includes both surface and mineral rights, reducing operational complexity
Negative
  • Project is still in early exploration phase with no proven reserves
  • Historical data needs modern validation
  • No current revenue generation

Vancouver, British Columbia--(Newsfile Corp. - May 1, 2025) - Lion Rock Resources Inc. (TSXV: ROAR) (FSE: KGB) (OTC Pink: LRRIF) (the "Company") is pleased to announce the commencement of its 2025 exploration program at the Volney Project in the Black Hills Mining District, 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 (Figure 1).

The Volney Project, located 20 km southwest of Spearfish, is a past-producing, multi-commodity 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 Multi-Commodity Potential Across Property: The Volney Project hosts historic lithium grades up to 5.4% Li₂O, including a 10,000 kg bulk sample that averaged 2.5% Li₂O; gold values include 8.0 g/t Au over 43.0 m and 18.2 g/t Au over 18.3 m; and tin values up to 2.5% Sn reported across the full length of the property. Both lithium and tin are designated as critical minerals in the U.S., 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 Underway: This 35 m 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 CEO 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, multi-commodity 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."

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Figure 1. Multiple high-grade lithium and gold targets at the Volney Project, South Dakota.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8985/250393_5a10e00fb4424805_001full.jpg

About the Volney Project

The Volney Project is a multi-commodity project strategically located in South Dakota's Black Hills, a historically rich and active mining region (Figure 2). 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 g/t gold over 18.3 m, 5.3% Li2O, and 2.5% Sn. The Volney Project is home to the Giant Volney pegmatite, a 635 m 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 facilitates rapid permitting and project advancement.

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Figure 2.
Volney Project regional map in the Black Hills, South Dakota.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8985/250393_5a10e00fb4424805_002full.jpg

The technical content of this news release has been reviewed and approved by Carl Ginn, P.Geo., consultant to the Company and a Qualified Person pursuant to National Instrument 43-101. The data referenced in this release includes 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 Inc. 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 g/t Au over 18.3 m, lithium concentrations as high as 5.3% Li2O. The Company is led by an award-winning team with a proven track record of mineral discoveries, project development, and financing.

On Behalf of the Board

R. Dale Ginn, President & Chief Executive Officer
O: 604-678-5308
E: dale@rsdcapital.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Information

Certain statements contained in this news release may constitute "forward-looking information" within the meaning of Canadian securities legislation. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", "potential", "indicative" and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. The Company's actual results could differ materially from those anticipated in this forward-looking information as a result of risks and uncertainties inherent in the exploration and development of mineral properties, fluctuations in commodity prices, counterparty risk, market conditions, regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, changes to the Company's strategic growth plans, and other factors, many of which are beyond the control of the Company. The Company believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Company's expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/250393

FAQ

What are the historical mineral grades at Lion Rock Resources' Volney Project?

The Volney Project has historical grades of up to 5.4% Li₂O for lithium, 8.0 g/t Au over 43.0 m and 18.2 g/t Au over 18.3 m for gold, and up to 2.5% Sn for tin.

Where is LRRIF's Volney Project located and what is its size?

The Volney Project is located 20 km southwest of Spearfish in the Black Hills Mining District, South Dakota, covering 142 hectares of privately held land.

What exploration activities is Lion Rock Resources conducting at Volney in 2025?

Lion Rock is conducting a high-resolution drone magnetic survey, detailed mapping and sampling, and has submitted permits for an extensive drill program.

Why is the Volney Project strategically important for LRRIF?

The project targets lithium and tin, both designated as critical minerals in the U.S., and benefits from private land ownership enabling fast-tracked permitting and development.
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