Lion Rock Extends Tin and Tantalum Mineralization at Volney as Phase 2 Drill Planning Begins

NewsfileAug 27, 2026 · 9 days agoROAR

Analyst Takeaways

Lion Rock has significantly expanded the footprint of tin and tantalum mineralization at Volney, with surface mapping extending known zones by approximately 300 metres, suggesting a larger-than-previously-understood deposit.
The identification of coarse tantalite in the newly mapped areas indicates potentially higher-quality mineralization that may improve project economics for downstream processing.
Phase 2 drilling is being planned following the successful property-wide surface exploration program, signaling management confidence in advancing the project toward resource estimation.
The Volney project's dual commodity focus (critical minerals tin/tantalum plus gold) provides portfolio diversification benefits in a rising critical minerals market.
The Black Hills location in South Dakota offers established mining infrastructure and permitting precedent that may reduce development risk compared to remote jurisdictions.

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Vancouver, British Columbia--(Newsfile Corp. - August 27, 2026) - Lion Rock Resources Inc. (TSXV: ROAR) (OTCQB: LRRIF) (FSE: KGB) ("Lion Rock" or the "Company") has completed a property-wide surface exploration program at the Volney Critical Minerals and Gold Project ("Volney" or the "Project") in South Dakota's Black Hills. Mapping and sampling identified visible tin and tantalum mineralization up to approximately 300 metres beyond previously reported mineralization, including coarse tantalite...

Frequently Asked Questions

What is the significance of extending mineralization 300 metres beyond previously known zones?+

This extension indicates the deposit has a larger spatial footprint than previously mapped, potentially increasing total contained metal and supporting a larger future resource estimate. It also suggests the mineralized system may remain open in other directions.

Why does the discovery of coarse tantalite matter to investors?+

Coarser tantalite particles typically indicate higher metallurgical recovery rates and lower processing costs, improving project economics and margins on the final product.

What is Phase 2 drilling and when should we expect results?+

Phase 2 drilling is the next stage of systematic subsurface exploration designed to test depth continuity and define a mineral resource. The press release indicates planning is underway, but specific drill schedules and expected timing were not disclosed.

How does Volney's dual tin-tantalum-gold focus affect project risk?+

Multiple commodities provide revenue diversification and reduce dependency on a single metal price, though project economics will ultimately depend on the relative grades and sizes of each mineralization style.

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Lion Rock Extends Tin and Tantalum Mineralization at Volney as Phase 2 Drill Planning Begins

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