Business
Lion Rock Resources Expands Critical Minerals Strike; Continues 100% Drill Hit Rate at Volney, South Dakota
Vancouver, British Columbia--(Newsfile Corp. - May 5, 2026) - Lion Rock Resources Inc. (TSXV: ROAR) (FSE: KGB) (OTCQB: LRRIF) (the "Company") is pleased to
About this update from Lion Rock Resources Inc
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - May 5, 2026) - Lion Rock Resources Inc. (TSXV: ROAR) (FSE: KGB) (OTCQB: LRRIF) (the \"Company\") is pleased to announce the remaining results of the 15-hole, Phase One drill program at the Volney Project in South Dakota. The final six holes, which hit mineralization over significant widths, have successfully expanded the critical minerals strike to 300 m long, up to 100 m wide, and 150 m deep. The system features high-grade lithium, tin and tantalum hosted within spodumene-bearing LCT (Lithium-Cesium-Tantalum) pegmatites, the primary global source of hard rock lithium. Mineralization starts at surface and the strike is open in every direction. Of note, the strike has been established by drill testing only one of many, surface exposed LCT pegmatite targets at Volney. Phase One Drill Program Highlights Volney's Critical Mineral System is Primed for the US Market: The US is import reliant for lithium (>50%), tin (77%), and tantalum (100%). [1] Large Strike and Open in All Directions: All critical mineral holes from Phase One hit mineralization, establishing a strike measuring 300 m long, up to 100 m wide, and 150 m deep (Figure 1). High-Grade Lithium: Intercepts include 2.3% Li2O over 5.7 m in 1.6% Li2O over 10.6 m (VOL25-007), and 2.2% Li2O over 1.3 m in 1.5% Li2O over 10.3 m (VOL25-005) (Table 1). Mineralization is confirmed at depth across multiple holes in the Rough and Ready zone (Figure 3). High-Grade Tantalum: Intercepts include 788 ppm Ta₂O₅ over 5.89 m (VOL25-010) and 727 ppm Ta₂O₅ over 10.48 m (VOL25-013). Commercial Grade Tin: Intercepts include 0.3% Sn over 3.0 m in 0.1% Sn over 28.3 m (VOL25-006). Grade peak of 1.0% Sn over 0.5 m (VOL25-012) was encountered. Near-Surface, Bulk-Tonnage Potential: The laterally continuous pegmatite geometry suggests potential for low-cost, open-pit extraction methods. Past Producing Project with Existing Infrastructure: Volney benefits from excellent infrastructure, including grid power, all-season road access, and proximity to rail. The Project is strategically positioned to become a secure source of lithium, tin, and tantalum to the United States. Multiple High Priority Mineralized LCT Pegmatite Targets Remain: Phase One drilling focused on a single pegmatite zone at Volney. Interpretation of drill results, supported by recent surface ...