Lion Rock Resources is advancing the Volney Project in South Dakota’s Black Hills, a rare private-land, U.S.-based critical minerals opportunity positioned within a growing domestic supply chain. With its Conditional Use Permit now secured, the project is positioned to move forward at pace with efficient access, established infrastructure nearby and continued exploration upside.
The Volney Project also sits in the most productive gold district in U.S. history, home to the Homestake Mine, which produced over 40 million oz Au. Phase 1 drilling represented the first modern drill testing along the Volney trend, with every gold-targeted hole returning gold mineralization and defining a new discovery spanning 500m of strike, 400m of width and 200m of vertical depth.
The same program confirmed a property-wide critical mineral system containing lithium, tin and tantalum, all on the U.S. Critical Minerals List. With the CUP in place and Phase 2 being planned, Lion Rock is advancing a permitted critical minerals opportunity backed by significant gold discovery potential.
Gold Discovery and Early Mining
Site: Volney
Operator: Unknown
Reference: Nellis (1973)
Gold Discovery and Early Mining
Site: Volney
Operator: Unknown
Reference: Nellis (1973)
High-Grade Tin Production and Underground Development
Site: Rough & Ready
Operator: Tinton Mining Co., Tinton Reduction Co., Black Hills Tin Co.
Reference: Hess and Bryan (1938); Smith and Page (1941)
Lithium & Tantalum Production Begins
Site: Rough & Ready
Operator: Tantalum Hill, Black Hills Tin Co.
Reference: Redfern (1992)
Lithium and Tantalum Production Begins
Site: Giant-Volney
Operator: Fansteel Mining Corp. under lease from Black Hills Tin Co.
Reference: Page et al. (1953); Redfern (1992)
Limited Exploration, No Modern Work
Site: Giant-Volney
Operator: Norton Company
Reference: Nellis (1973)
Limited Exploration, No Modern Work
Site: Giant-Volney & Rusty
Operator / Source: Homestake Mining Company
Reference: Shaddrick (1974); Norby (1984)
DRILL PREPARATION & TARGET REFINEMENT
PHASE 1 DRILL PROGRAM COMPLETED
NEW GOLD DISCOVERY AT VOLNEY
EXPANDED PHASE 2 DRILL PROGRAM
PERMIT SECURED
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These opportunities people usually miss, but this story is still being unearthed.
| Symbol: TSXV:ROAR As of March 20, 2026 | |
|---|---|
| Share Price | $0.20 |
| Outstanding | 111 M |
| Warrants | 47.2 M |
| Options | 10.6 M |
| Fully Diluted | 169.2 M |
| Market Cap. (Basic) | $22.2 M |
Lion Rock Resources (TSXV:ROAR) is advancing the unique high-grade gold-lithium-tin project of Volney in the Black
Hills of South Dakota. Historic results on the 142-hectare property include channel sampling of 18.2 g/t Au over 18.3 m,
grab samples averaging 4.4% Li2O and successful historic drilling limited to 50 m in depth. Volney is accessible
year-round by road and is proximal to major mining projects such as Homestake (43.9M oz Au produced), Coeur’s
Wharf Mine (93K oz Au in ‘23), Dakota Gold & Agnico Eagle. Volney is located entirely on private land which enables
Lion Rock to expedite permitting and exploration
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