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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Drill Results

Lion Rock completes phase 1 drilling at Volney

By The Northwire Desk — AI Analysis Jan 22, 2026 · 16:37 ROAR · 0.53 Lion Rock Resources Inc.
ROAR · Price

Executive Summary

  • Lion Rock Resources Inc. has completed Phase 1 of its exploration drill program at the Volney Project in South Dakota, consisting of 15 drill holes totaling approximately 3,600 meters.
  • The program successfully intersected multiple mineralized and altered shear zones with gold potential, as well as spodumene-bearing pegmatites targeting lithium and tantalum.
  • Core processing is complete and samples have been shipped to SGS for assay; results are expected in the coming days and weeks, which will inform the planning of an expanded Phase 2 drill program.

Key Details

  • Drilling Summary: Phase 1 is complete with 15 drill holes totaling ~3,600 meters of diamond drilling.
  • Target Breakdown:
    • 5 holes targeted lithium-bearing pegmatites.
    • 5 holes targeted gold-bearing structures.
    • 5 holes targeted both lithium and gold mineralization.
  • Gold Intersections: Drilling encountered multiple sulphide-bearing shear intervals with quartz veining and silicification in altered mafic volcanics and metasedimentary rocks. These characteristics match surface grab samples that returned up to 14.0 g/t Au.
  • Lithium/Tantalum Intersections: Spodumene-bearing pegmatites were identified in multiple intercepts.
    • Hole VOL25-009: Intercepted two spodumene-bearing pegmatite zones:
      • 48.3 m to 76.9 m
      • 103.5 m to 120.3 m
    • These zones are near areas of previous surface sampling returning up to 3.6% Li2O.
    • Cassiterite and tantalite were also observed in drill core.
  • Status: Core processing and sampling for final holes are complete; samples are at SGS in Denver, Colo. Assay results are pending.

Notable Quotes

  • "The successful completion of phase 1 represents an important milestone for the Volney project. This inaugural program has efficiently tested a combination of gold-bearing structures and lithium-bearing pegmatites, highlighting Volney's potential as a multicommodity system with relevance to both precious metals and critical minerals." — Dale Ginn, President and CEO
Read the original news release →

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Drill Results