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Lion Rock Resources Inc. reports exploration developments for its Volney Project in South Dakota's Black Hills. The Canadian mineral exploration company focuses on high-grade gold and lithium-related critical minerals, including lithium-tin-tantalum mineralization hosted in LCT pegmatites.
News about LRRIF commonly covers drill program updates, assay results, gold discoveries, pegmatite targets, strike extensions, and interpretations of multi-element critical mineral systems at Volney. Company updates also include resource-sector conference participation, marketing and communications agreements, and other corporate communications tied to its North American exploration activities.
Lion Rock Resources (OTCQB: LRRIF) has commenced its inaugural drill program at the Volney Project in the Black Hills, South Dakota, after completing a $5.3 million financing in Q3 2025. The multi-phase campaign will test multiple gold and lithium targets across a structurally controlled gold and LCT pegmatite system defined over a 1,000 m strike.
Key field results include chip samples up to 14.0 g/t Au, float to 189.5 g/t Au, outcrop lithium up to 3.7% Li2O, historic stockpiles averaging 3.8% Li2O and a peak of 5.3% Li2O. New exMAG drone and 3D inversion data and a DANR permit support multi-commodity targeting.
Lion Rock Resources (OTCQB:LRRIF) has secured crucial drilling permits from South Dakota's Department of Agriculture and Natural Resources for its Volney Project in the Black Hills mining district. The approval includes 78 drill pad locations, enabling the company to commence its inaugural drilling program next month.
The project shows significant potential with high-grade gold samples up to 14.0 g/t Au and impressive lithium grades reaching 3.7% Li2O from outcrop and 5.3% Li2O from historic stockpiles. Additionally, tin values exceeding 1.0% Sn were reported from 13 recent stockpile samples, indicating strong multi-commodity potential.
Lion Rock Resources (OTCQB:LRRIF) has announced significant results from a high-resolution UAV magnetic survey and 3D inversion at its Volney Project in South Dakota. The survey enhances the company's understanding of a substantial gold and LCT pegmatite system across the property.
Key findings include confirmation of a structurally controlled gold system with previous surface sampling yielding up to 189.5 g/t Au over a 260-meter continuous horizon. The 3D inversion revealed a large magnetic anomaly along a shear corridor spanning over 1 kilometer, suggesting a deep-seated mineralized system. The company is now in the final stages of drill permitting and preparing to launch its inaugural drilling program.
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.