LION ROCK Resources Reports New GOLD Results Including 189.5 G/T at Volney Project, South Dakota
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LION ROCK RESOURCES REPORTS NEW GOLD RESULTS INCLUDING 189.5 G/T
AT VOLNEY PROJECT, SOUTH DAKOTA
Vancouver, British Columbia – May 28, 2025 – Lion Rock Resources Inc. (TSX-V: ROAR), (FSE:
KGB, OTCPK: LRRIF) (the “Company ”) is pleased to announce gold assay results from i ts recent
surface sampling program at the Volney Project, South Dakota. The results include 189.5 g/t Au from float
material and 14.0 g/t Au from bedrock, confirming the presence of multiple distinct gold target zones and
strong potential for further discoveries across underexplored areas of the property. Located 20 km southwest
of Spearfish in the prolific Black Hills Mining Dis trict, Volney is a past-producing, multi-commodity
project hosting high-grade gold, lithium, and tin.
News Highlights
• High-Grade Bedrock Mineralization Along Major Gold- Bearing Horizon: Sampling at the
Volney Project target outlined a 260 m shear trend open along strike, with bedrock chip samples
returning up to 14.0 g/t Au (Figure 1 ). A total of 20 bedrock samples returned values over 0.5 g/t
Au , associated with quartz veining or sheared greenstone units (Table 1 ).
• High-Grade Float Samples: Grab samples from float material returned 41 samples >1.0 g/t Au ,
including 7 samples >10.0 g/t Au , with the highest at 189.5 g/t Au (Table 2 ). High-grade samples
were typically associated with quartz veining and silicification.
• Multiple Gold Mineralization Host Units: Gold occurs in both greenstone-hosted and Tertiary
vein and breccia systems. Only a limited portion of the property has been explored to date,
indicating strong potential for additional discoveries.
• Multi-Commodity Upside: In addition to high-grade gold, recent grab sampling returned lithium
values up to 5.3% Li 2O from historic stockpiles and up to 3.7% Li 2O from outcrop. 13 stockpile
samples also reported tin values greater than 1.0% Sn, highlighting by-product potential ( see Lion
Rock News Release dated May 13, 2025 ).
• Private Land – Fast-Tracked Permitting: The Volney Project is situated on 142 hectares of
privately held land with surface and mineral rights , enabling rapid drill program execution and
accelerated permitting from exploration through production.
Dale Ginn, President and CEO of Lion Rock, stated, “ These results underscore the exceptional potential of
the Volney Project. We’re seeing strong gold grades across multiple zones which confirm the presence of
high-grade mineralization at surface. Combined with promising lithium and tin values and the advantage
of private land ownership, Volney represents a truly unique and exploration opportunity for Lion Rock.”
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Figure 1. Gold results from recent float and outcrop sampling at the Volney Project.
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Table 1. Bedrock Chip Sample Highlights
Sample ID Lithology Au (g/t)
9038 Quartz Vein 14.0
9023 Greenstone (Sheared) 7.4
9036 Schist 5.0
9034 Schist 4.7
9024 Greenstone (Sheared) 4.7
9020 Greenstone (Sheared) 3.9
LR-25 Quartz Vein 3.7
9025 Greenstone (Sheared) 2.9
9037 Schist 2.7
9022 Greenstone (Sheared) 2.5
LR24-04 Greenstone 2.5
LR24-03 Greenstone 1.5
9033 Quartz Vein 1.4
9039 Chert 1.1
LR24-02 Greenstone 1.0
LR24-12 Schist 0.8
LR24-09 Greenstone 0.8
LR24-55 Greenstone 0.7
LR24-52 Greenstone (Sheared) 0.6
9029 Schist 0.6
Table 2. Float Grab Sample Highlights
Sample ID Lithology Au (g/t)
LR-77 Quartz Vein 189.5
LR24-39 Schist 45.3
LR-75 Quartz Vein 27.8
LR-78 Quartz Vein 25.9
LR-69 Iron Formation 20.2
LR-80 Quartz Vein 15.5
LR24-44 Metachert 15.0
LR-81 Iron Formation 8.2
LR-82 Iron Formation 5.7
9014 Quartz Vein 5.5
LR24-71 Iron Formation 5.3
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Sample ID Lithology Au (g/t)
9001 Quartz Vein 4.7
LR24-40 Metachert 4.3
LR24-72 Phyllite 3.8
LR-83 Iron Formation (Breccia) 3.7
LR-71 Gabbro 3.6
LR24-69 Iron Formation 3.5
LR24-74 Phyllite 3.2
9011 Quartz Vein 3.1
9006 Gabbro (Breccia) 2.9
LR24-68 Metachert 2.7
LR-63 Quartz Vein 2.7
9012 Quartz Vein 2.6
LR-70 Iron Formation 2.4
LR-23 Amphibolite 2.2
LR-72 Gabbro 2.1
LR-74 Gabbro 2.1
9003 Quartz Vein 2.0
LR24-60 Schist (Sheared) 1.7
9002 Quartz Vein 1.7
9000 Quartz Vein 1.6
LR-89 Quartz Vein 1.6
LR-29 Metabasalt (Sheared) 1.3
LR24-49 Metachert 1.3
LR24-36 Phyllite 1.3
LR24-82 Metagabbro 1.2
LR24-43 Schist 1.2
9005 Gabbro (Breccia) 1.1
LR-27 Metabasalt 1.1
LR-64 Quartz Vein 1.0
9010 Trachyte 1.0
Grab and chip samples are selective in nature and may not be representative of the mineralization on the
property. For grab samples, 1 to 3 kg of material was collected from a single location marked as either
float or stockpile. For chip samples, 1 to 3 kg of rock was collected by hammer and chisel from outcrop
faces over up to 1 m.
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About the Volney Project
The Volney property is a multi-commodity project st rategically located in South Dakota’s Black Hills, a
historically rich and active mining region ( Figure 2 ). 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 Volney Project is home to the Giant Volney pegmatite, a 635 m long LCT
(Lithium-Cesium-Tantalum) pegmatite which remains u ntested at depth. 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 2. Volney Project regional map in the Black Hills, South Dakota.
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QA/QC
Samples were collected by Lion Rock personnel and were crushed, pulverized and pulps prepared by Bond
Mineral Services, LLC, an ISO-certified preparatory laboratory located in Central City, South Dakota.
Sample pulps were analyzed by ALS Geochemistry in R eno, NV, a laboratory accredited in accordance
with the standards of ISO 17025:2017. Sample pulps were analyzed using industry standard analytical
package ME-MS89L. Internal laboratory QA/QC was rel ied upon for the purposes of this
sampling campaign.
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 Volney 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”, “i ndicative”
and similar expressions. Forward-looking informatio n involves known and unknown risks, uncertainties a nd other
factors that may cause actual results or events to differ materially from those anticipated in such fo rward-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 th e 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 co nditions,
changes to the Company’s strategic growth plans, an d other factors, many of which are beyond the contr ol 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 for ward-looking statements in this press release, the Company has
applied several material assumptions. Any forward-looking information contained in this news release represents the
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Company’s expectations as of the date hereof and is subject to change after such date. The Company dis claims any
intention or obligation to update or revise any for ward-looking information whether as a result of new information,
future events or otherwise, except as required by applicable securities legislation.