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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 (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.

Lion Rock Resources (OTC: LRRIF) ha avviato il programma di esplorazione 2025 presso il Progetto Volney nel Black Hills Mining District del South Dakota. Il progetto, che copre 142 ettari di terreno privato, mira a individuare mineralizzazioni ad alta qualità di litio, oro e stagno. Campionamenti storici hanno evidenziato concentrazioni 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.

L'azienda ha avviato un'indagine magnetica ad alta risoluzione tramite drone con una risoluzione di 35 metri e ha dispiegato squadre sul campo per mappature e campionamenti. La proprietà privata del terreno permette di accelerare le autorizzazioni dalla fase di esplorazione a quella di produzione. L'importanza strategica del progetto è ulteriormente rafforzata dal fatto che sia il litio che lo stagno sono considerati minerali critici negli Stati Uniti.

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

La compañía ha iniciado un levantamiento magnético de alta resolución con drones a una resolución de 35 metros y ha desplegado equipos de campo para mapeo y muestreo. El estatus de terreno privado permite acelerar los permisos desde la exploración hasta la producción. La importancia estratégica del proyecto aumenta dado que tanto el litio como el estaño están designados como minerales críticos en EE.UU.

Lion Rock Resources (OTC: LRRIF)가 사우스다코타의 블랙힐스 광산 지구에 위치한 볼니 프로젝트의 2025년 탐사 프로그램을 시작했습니다. 이 프로젝트는 142헥타르의 사유지에 걸쳐 있으며, 고품위 리튬, 금, 주석 광상을 목표로 하고 있습니다. 과거 샘플링 결과 리튬은 5.4% Li₂O, 금은 43.0m 구간에서 8.0 g/t Au, 주석은 2.5% Sn의 뛰어난 품위를 보여주었습니다.

회사는 35m 해상도의 고해상도 드론 자기 탐사를 시작했으며, 현장 팀을 투입해 지도 작성과 샘플링을 진행 중입니다. 사유지라는 점은 탐사부터 생산까지 허가 절차를 신속하게 진행할 수 있게 합니다. 리튬과 주석이 미국에서 중요한 전략 광물로 지정되어 있어 이 프로젝트의 전략적 중요성이 더욱 커지고 있습니다.

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

La société a lancé une levée magnétique par drone à haute résolution avec une résolution de 35 m et a déployé des équipes sur le terrain pour la cartographie et le prélèvement d'échantillons. Le statut privé des terrains permet d'accélérer les autorisations, de l'exploration à la production. L'importance stratégique du projet est renforcée par le fait que le lithium et l'étain sont tous deux classés comme minéraux critiques aux États-Unis.

Lion Rock Resources (OTC: LRRIF) hat sein Erkundungsprogramm 2025 beim Volney-Projekt im Black Hills Mining District in South Dakota gestartet. Das Projekt erstreckt sich über 142 Hektar Privatland und zielt auf hochgradige Lithium-, Gold- und Zinnmineralisierungen 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 Unternehmen hat eine hochauflösende magnetische Drohnenvermessung mit 35m Auflösung eingeleitet und Feldteams für Kartierung und Probenahme eingesetzt. Der Status als Privatgrundstück ermöglicht eine beschleunigte Genehmigung vom Explorations- bis zum Produktionsstadium. Die strategische Bedeutung des Projekts wird dadurch erhöht, dass sowohl Lithium als auch Zinn in den USA als kritische Mineralien eingestuft sind.

Positive
  • High-grade historical samples: 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)
  • Modern exploration techniques being applied to historically underexplored area
Negative
  • Project is still in early exploration phase with no proven reserves
  • Historical data requires validation through modern exploration
  • Pending permit approval for drill program

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's 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 conducting at Volney in 2025?

Lion Rock is conducting a 35m resolution drone magnetic survey, detailed mapping, systematic 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 U.S. critical minerals, and benefits from private land ownership enabling fast-tracked permitting from exploration to production.
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