Mike Fagan,
Editor
June 5, 2026
Lion Rock Resources (TSX-V: ROAR)(OTC: LRRIF) — currently trading around C$0.25 per share in a strong gold-lithium market — has significantly expanded the critical metals footprint at its flagship Volney gold-lithium project in the Black Hills Mining District of South Dakota following a highly successful 15-hole maiden drill program.
Results from the first-pass program, which produced a 100% drill-hit rate, have confirmed a large, near-surface lithium-tin-tantalum system measuring approximately 300 meters in length, up to 100 meters in width, and extending to a depth of roughly 150 meters.
The program also returned additional high-grade lithium intercepts, including multiple intervals grading above 2% Li₂O, further validating Volney’s potential as an emerging US-based critical minerals project.
Lion Rock Resources CEO Dale Ginn commented on the positive Phase One results via press release:
“Our inaugural drill program at the past-producing Volney project has been a tremendous success. In addition to our recently announced gold discovery, we have now confirmed the presence of a large, strongly mineralized lithium-tin-tantalum system on the very same property. It is important to note that all three commodities in this system sit on the US critical minerals list and occur on private mineral claims.”
Importantly, the Phase One campaign focused on a single pegmatite target within the broader Volney system.
Ginn added,
“The mineralized strike, which includes high-grade mineralization over strong widths, stretches 300 m and remains open in every direction. Of particular importance, all of this was achieved by drill testing just one of the numerous pegmatite targets at Volney. Our team is now hard at work planning a follow up program that will include aggressive step outs and targeting of other pegmatites across the property.”
The results continue to reinforce Volney’s multi-metal potential, with lithium, tin, and tantalum all present within the emerging mineralized system.
As the United States works to secure reliable sources of critical minerals, projects capable of hosting multiple strategic commodities on American soil are becoming increasingly important.
At the same time, Volney is emerging as more than just a critical minerals story. Recent drilling and exploration work has helped define a growing near-surface gold system on the property, building on a long history of high-grade gold mineralization within the district.
The combination of gold, lithium, tin, and tantalum on the same property is an increasingly rare polymetallic occurrence, giving Lion Rock (“ROAR”) exposure to multiple favorable commodity trends in parallel.
Also noteworthy is the fact that Volney sits entirely on private land, with Lion Rock controlling both the surface and mineral rights, providing significant operational advantages, including streamlined permitting and year-round access compared to many exploration projects.
As you may recall, our own Gerardo Del Real recently visited the Volney project in person where he walked the Giant Volney Pegmatite and had a chance to review ongoing fieldwork firsthand with the ROAR team.
The site visit highlighted not only the scale of the known mineralized system but also the broader exploration potential emerging across the property as additional pegmatite targets continue to be identified and evaluated.
Equally apparent was the project’s infrastructure advantage, with road access, power, and year-round accessibility providing a solid foundation for continued exploration and development.
With metallurgy and mineralogy work underway, additional target definition in progress, and an expanded Phase Two drill program in development, Lion Rock is entering an important new phase of exploration at Volney.
In a strong metals market highlighted by gold above US$4,500 per ounce and lithium rebounding sharply off cyclical lows, ROAR remains well positioned for an active second half of the year as the broader scale of the gold discovery and critical minerals system comes further into focus.
Following his recent site visit to the Volney project, our own Gerardo Del Real of Junior Resource Monthly caught up with Lion Rock Resources Executive Chairman Nav Dhaliwal for an exclusive video interview covering the successful maiden drill program at Volney, the expanding gold and critical minerals footprint, and a look ahead to the upcoming Phase Two program. Please enjoy!
For additional information on Vancouver-based Lion Rock Resources, please contact the company’s IR department at 604-678-5308 or via email at info@lionrockresources.com.
Visit the Lion Rock corporate website and sign up to receive updates directly from the company here. View the most recent Corporate Presentation here.
Yours in profits,
Mike Fagan
Editor, Resource Stock Digest
Click here to see more from Lion Rock Resources
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