LION ROCK Resources Receives Drill Permit at Volney Project, South Dakota
200 Burrard Street, Suite 1615, Vancouver, BC, V6C 3L6
LION ROCK RESOURCES RECEIVES DRILL PERMIT AT VOLNEY PROJECT,
SOUTH DAKOTA
Vancouver, British Columbia – August 25, 2025 – Lion Rock Resources Inc. (TSX-V: ROAR, FSE:
KGB, OTCQB: LRRIF) (the “Company”) is pleased to announce that it has received approval from the
South Dakota Department of Agriculture and Natural Resources (DANR) for its drill permit at the V olney
Project, located in the historic Black Hills mining district of South Dakota, USA. This permit approval
paves the way for the Company to commence its inaugural drill program at V olney. Drilling is expected to
begin in the coming month.
News Highlights
• 78 Drill Pads Approved: The DANR has au thorized 78 drill pad locations across the V olney
property. This broad coverage provides Lion Rock with maximum flexibility to test the extent of
gold and lithium mineralization across multiple high-priority areas (Figures 1 and 2).
• High-grade Gold with Expansion Potential Along Strike : Surface sampling by Lion Rock has
outlined multiple gold -bearing zones, including a shear trend where chip samples returned up to
14.0 g/t Au (see Lion Rock news release dated May 28, 2025). Drill testing this trend along strike
and at depth is now permitted.
• Lithium and Tin Provide Multi-Commodity Upside: Permitted drill pads will allow Lion Rock
to test the Giant V olney across it’s 635 m surficial strike which has returned recent grades of up to
3.7% Li2O from outcrop and 5.3% Li2O from historic stockpiles. Historical drill and mining
results are limited to a depth of 50 m and mineralization is open at depth. Tin values greater than
1.0% Sn were reported from 13 recent stockpile samples, demonstrating significant by-product
potential (see Lion Rock news release dated May 13, 2025).
Dale Ginn, President & CEO of Lion Rock, stated, “ We are very pleased to have secured our drill permit
and to move into drilling at V olney. The property has not yet seen modern subsurface exploration, and this
approval positions us to move ahead with our inaugural drill program a nd evaluate its strong multi -
commodity potential.”
200 Burrard Street, Suite 1615, Vancouver, BC, V6C 3L6
Figure 1. Volney Project map highlighting recent high-grade sampling results and priority drill target areas
for the upcoming campaign.
200 Burrard Street, Suite 1615, Vancouver, BC, V6C 3L6
Figure 2. General cross-section at the Rusty Gold target and V olney Lithium target area, showing recent
sampling results and priority drill targets with 3D magnetic inversion.
200 Burrard Street, Suite 1615, Vancouver, BC, V6C 3L6
About the Volney Project
The V olney property is a multi-commodity project strategically located in South Dakota’s Black Hills, a
historically rich and active mining region ( Figure 3). The Black Hills have produced over 62 million
ounces of gold, including from the prolific Homestake Mine, one of the most significant gold producers in
North American history. The V olney Project is home to the Giant V olney pegmatite, a 635 m long LCT
(Lithium-Cesium-Tantalum) pegmatite which remains untested at dep th. The district continues to attract
modern exploration efforts, with companies such as Dakota Gold Corp. actively advancing projects within
the Black Hills. The project is accessible year-round and consists of private claims with surface and mineral
rights, which facilitates rapid permitting and project advancement.
Figure 3. Volney Project regional map in the Black Hills, South Dakota.
200 Burrard Street, Suite 1615, Vancouver, BC, V6C 3L6
The technical content of this news release has been reviewed and approved by Carl Ginn, P .Geo., consultant
to the Company and a Qualified Person pursuant to National Instrument 43-101.
About Lion Rock Resources Inc.
Lion Rock Resources Inc. is a Canadian mineral exploration company committed to advancing high-grade
gold and lithium projects across North America. The Company’s flagship asset, the V olney Project, is
located in South Dakota’s Black Hills, a mining-friendly jurisdiction surrounded by active gold operations.
The Company is led by an award -winning team with a proven track record of mineral discoveries, project
development, and financing.
On Behalf of the Board
R. Dale Ginn, President & Chief Executive Officer
O: 604-678-5308
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSXV Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Regarding Forward-Looking Information
Certain statements contained in this news release may constitute “forward-looking information” within the meaning
of Canadian securities legislation. Forward-looking information is often, but not always, identified by the use of words
such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, “potential”, “indicative”
and similar expressions. Forward -looking information involves known and unknown risks, uncertainties and other
factors that may cause actual results or events to di ffer materially from those anticipated in such forward -looking
information. Such forward-looking information is based on the current expectations of management of the Company.
The Company’ s actual results could differ materially from those anticipated in this forward-looking information as a
result of risks and uncertainties, including without limitation risks and uncertainties inherent in the exploration and
development of mineral properties, fluctuations in commodity prices, counterparty risk, market conditions, regulatory
decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions,
changes to the Company’ s strategic growth plans, and other factors, many of which are beyond the control of the
Company. The Company believes that the expectations reflected in the forward -looking information are reasonable,
but no assurance can be given that these expectations will prove to be correct and such forward-looking information
should not be unduly relied upon. In making the forward-looking statements in this press release, the Company has
applied several material assumptions. Any forward-looking information contained in this news release represents the
Company’ s expectations as of the date hereof and is subject to change after such date. The Company disclaims any
intention or obligation to update or revise any forward -looking information whether as a result of new information,
future events or otherwise, except as required by applicable securities legislation.