Lion Rock's First Results from Maiden Drill Program Reveals Discovery of Multiple Critical Mineral Intercepts Within the Volney Pegmatite

The most recent news (February 26, 2026) reports the first assay results from the maiden 3,600m diamond drill program at the Volney Project. Key intercepts include 0.8% Li2O over 25.4m and a higher-grade zone of 1.6% Li2O over 10.6m. Beyond lithium, the results confirm the presence of tin (up to 0.1% Sn) and tantalum (72 ppm Ta). The drilling successfully intersected the Volney pegmatite at depth and identified additional pegmatite units 250m north of the primary target area.

This news is Material - Positive because it provides the first subsurface verification of the high-grade surface samples reported throughout 2025. - Validation of Model: The results confirm that the "Giant Volney" pegmatite is a well-developed LCT (Lithium-Cesium-Tantalum) system that continues at depth, moving the project beyond historical surface data. - Multi-Commodity Value: The confirmation of tin and tantalum alongside lithium increases the strategic value of the asset, especially given the U.S. focus on domestic critical mineral supply chains. - Scale Potential: Intersecting new pegmatites 250m north suggests the system is larger than the initially mapped 635m strike length. - Risk Mitigation: While only 4 of 15 holes have been reported, the presence of 1.6% Li2O is a high-grade marker that justifies the aggressive 2025 marketing spend and recent board additions.

Lion Rock Resources is focused on the Volney Project in the Black Hills of South Dakota. The project is unique for its multi-commodity nature (Gold, Lithium, Tin, Tantalum) and its location on 142 hectares of private land, which allows for significantly faster permitting than federal land. The flagship target is the Giant Volney pegmatite, a 635m long LCT system.