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Lion Rock Drilling Update for High-Grade Gold-Lithium Project at Volney, South Dakota
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2025) - Lion Rock Resources Inc. (TSX...
About this update from Lion Rock Resources Inc
[{"type":"text","content":"Lion Rock Drilling Update for High-Grade Gold-Lithium Project at Volney, South DakotaVancouver, British Columbia--(Newsfile Corp. - December 2, 2025) - Lion Rock Resources Inc. (TSXV: ROAR) (FSE: KGB) (OTCQB: LRRIF) (the \"Company\") is pleased to provide an update on its inaugural drill program at Volney in the historic Black Hills mining district of South Dakota, USA. Volney has historically produced high-grade gold, lithium, and tin.Following the completion of a $5.3 million financing in Q3 2025, Lion Rock is well funded to advance its multi-phase exploration and drilling program at the Volney Project (see Lion Rock news release dated September 15, 2025).News HighlightsMineralized and Altered Shear Zones Successfully Intersected: Drilling has encountered sulphide-bearing shear intervals with associated quartz veining and silicification hosted in altered rocks. Of note, drill core displays similar characteristics to mapping and surface sampling, where grab samples returned up to 14.0 g/t Au (see Lion Rock news release dated May 28, 2025).Spodumene-bearing Pegmatite Intersected: Spodumene has been identified in multiple pegmatite intercepts in the Giant Volney and Rough & Ready mine areas. Drillhole VOL25-009 intercepted two spodumene-bearing pegmatite zones from 48.3 to 76.9 m and from 103.5 to 120.3 m (Figure 2). Of note, these pegmatites occur near areas of previous surface sampling that returned up to 3.6% Li2O and are consistent with mapped pegmatite system in the Volney target area (see Lion Rock news release dated May 13, 2025).Ten Drillholes Completed - 2,400 m drilled: The Company has completed approximately 2,400 m across ten drillholes targeting both interpreted gold-bearing horizons and lithium-bearing pegmatites near the historic Giant Volney Mine, Rusty Mine, and Rough & Ready mine areas (Figure 1). Of the holes completed to date, six have targeted lithium-bearing pegmatites and four have targeted gold-bearing structures (Table 1). This represents the first modern drill testing along the Volney trend.Assays Pending: Core from the completed drillholes is currently being logged and sampled, and shipments to SGS in Denver have begun for analysis. Assay results will be reported as they become available.Dale Ginn, President and CEO of Lion Rock, stated, \"The Volney drill program is proceeding at a strong,...