Lion Rock Drilling Update for High-Grade Gold-Lithium Project at Volney, South Dakota
Original announcement by tmx on
- Company
- Lion Rock Resources Inc.
- Ticker
- ROAR
- Exchange
- TSX
- Region
- South Dakota
- Primary commodity
- Gold
- Secondary commodities
- Lithium
- Document categories
- Drill results, Other
- Extracted
- 2026-09-18 19:01:42 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Lion Rock Resources has completed approximately 2,400m of inaugural drilling at the Volney Project in South Dakota, targeting gold and lithium. While visual evidence of spodumene-bearing pegmatites and sulphide-bearing shear zones is encouraging, all assay results are currently pending.
Reasoning: The company has completed its inaugural drill program, successfully identifying key geological targets (spodumene and sulphides) visually, though the economic impact remains unquantified pending assay results.
Positive factors
- Successful intersection of spodumene-bearing pegmatites
- Visual identification of sulphide-bearing shear zones
- First modern drill testing on the Volney trend
Negative factors
- Assays are currently pending, so no numeric grades for new holes are available
Facts used in scoring: 12
Classification and evidence
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: The project is located in the historic Black Hills mining district near the Homestake Mine.
Evidence · text
“Volney in the historic Black Hills mining district of South Dakota, USA.”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release mentions shipments to SGS in Denver for analysis and names a Qualified Person.
Evidence · text
“shipments to SGS in Denver have begun for analysis.”
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: While a lab is named, specific protocols like blanks or standards are not detailed in this update.
Evidence · text
“shipments to SGS in Denver have begun for analysis.”
Extracted facts
Stored fact records: 12. Some facts used in scoring do not have a stored record.
Drill Results (12)
VOL25-009Volney · lithiumIntercept: 27.6 mView all detailsHide details
Identity
- Hole ID
- VOL25-009
- Project
- Volney
- Commodity
- lithium
- Region
- south dakota
- Reported Region
- south dakota
- Ticker
- ROAR
Geometry
- Intercept
- 27.6 m
- From
- 48.3 m
- To
- 76.9 m
- Intercept Depth
- 48.3 m
Classification
- Sample Type
- drill
- Group ID
- VOL25-009:48.3-76.9
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-02T00:00:00.000Z
Reasoning: First modern drill intersection of spodumene in the pegmatite system.
Positive factors
- Visual identification of spodumene
Evidence · text
“Drillhole VOL25-009 intercepted two spodumene-bearing pegmatite zones from 48.3 to 76.9 m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
VOL25-009Volney · lithiumIntercept: 16.8 mView all detailsHide details
Identity
- Hole ID
- VOL25-009
- Project
- Volney
- Commodity
- lithium
- Region
- south dakota
- Reported Region
- south dakota
- Ticker
- ROAR
Geometry
- Intercept
- 16.8 m
- From
- 103.5 m
- To
- 120.3 m
- Intercept Depth
- 103.5 m
Classification
- Sample Type
- drill
- Group ID
- VOL25-009:103.5-120.3
Review
- Needs Review
- No
- Interp. Status
- low_confidence
- Historical
- No
Dates
- Event date
- 2025-12-02T00:00:00.000Z
Reasoning: Second spodumene intersection in the same hole.
Positive factors
- Visual identification of spodumene
Evidence · text
“and from 103.5 to 120.3 m”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
VOL25-001VolneyView all detailsHide details
Identity
- Hole ID
- VOL25-001
- Project
- Volney
- Region
- south dakota
- Reported Region
- south dakota
- Ticker
- ROAR
Geometry
- Hole Depth
- 402 m
Classification
- Sample Type
- drill
Location
- Easting
- 575579
- Northing
- 4914064
- Elevation
- 1787 m
- Azimuth
- 60 °
- Dip
- -45 °
- Loc. Confidence
- high
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-02T00:00:00.000Z
Reasoning: Collar metadata only; assays pending.
Evidence · table
“402”
Context: 4914064
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
VOL25-002VolneyView all detailsHide details
Identity
- Hole ID
- VOL25-002
- Project
- Volney
- Region
- south dakota
- Reported Region
- south dakota
- Ticker
- ROAR
Geometry
- Hole Depth
- 312 m
Classification
- Sample Type
- drill
Location
- Easting
- 575714
- Northing
- 4914024
- Elevation
- 1810 m
- Azimuth
- 50 °
- Dip
- -45 °
- Loc. Confidence
- high
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-02T00:00:00.000Z
Reasoning: Collar metadata only; assays pending.
Evidence · table
“312”
Context: 4914024
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
VOL25-003VolneyView all detailsHide details
Identity
- Hole ID
- VOL25-003
- Project
- Volney
- Region
- south dakota
- Reported Region
- south dakota
- Ticker
- ROAR
Geometry
- Hole Depth
- 153 m
Classification
- Sample Type
- drill
Location
- Easting
- 575715
- Northing
- 4914024
- Elevation
- 1810 m
- Azimuth
- 80 °
- Dip
- -45 °
- Loc. Confidence
- high
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-02T00:00:00.000Z
Reasoning: Collar metadata only; assays pending.
Evidence · table
“153”
Context: 4914024
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
VOL25-004VolneyView all detailsHide details
Identity
- Hole ID
- VOL25-004
- Project
- Volney
- Region
- south dakota
- Reported Region
- south dakota
- Ticker
- ROAR
Geometry
- Hole Depth
- 141 m
Classification
- Sample Type
- drill
Location
- Easting
- 575732
- Northing
- 4914142
- Elevation
- 1818 m
- Azimuth
- 60 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-02T00:00:00.000Z
Reasoning: Collar metadata only; assays pending.
Evidence · table
“141”
Context: 4914142
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
VOL25-005VolneyView all detailsHide details
Identity
- Hole ID
- VOL25-005
- Project
- Volney
- Region
- south dakota
- Reported Region
- south dakota
- Ticker
- ROAR
Geometry
- Hole Depth
- 19 m
Classification
- Sample Type
- drill
Location
- Easting
- 575732
- Northing
- 4914142
- Elevation
- 1818 m
- Azimuth
- 75 °
- Dip
- -50 °
- Loc. Confidence
- high
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-02T00:00:00.000Z
Reasoning: Collar metadata only; assays pending.
Evidence · table
“19”
Context: 4914142
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
VOL25-006VolneyView all detailsHide details
Identity
- Hole ID
- VOL25-006
- Project
- Volney
- Region
- south dakota
- Reported Region
- south dakota
- Ticker
- ROAR
Geometry
- Hole Depth
- 363 m
Classification
- Sample Type
- drill
Location
- Easting
- 575728
- Northing
- 4914141
- Elevation
- 1818 m
- Azimuth
- 240 °
- Dip
- -45 °
- Loc. Confidence
- high
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-02T00:00:00.000Z
Reasoning: Collar metadata only; assays pending.
Evidence · table
“363”
Context: 4914141
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
VOL25-007VolneyView all detailsHide details
Identity
- Hole ID
- VOL25-007
- Project
- Volney
- Region
- south dakota
- Reported Region
- south dakota
- Ticker
- ROAR
Geometry
- Hole Depth
- 240 m
Classification
- Sample Type
- drill
Location
- Easting
- 575755
- Northing
- 4914107
- Elevation
- 1819 m
- Azimuth
- 60 °
- Dip
- -45 °
- Loc. Confidence
- high
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-02T00:00:00.000Z
Reasoning: Collar metadata only; assays pending.
Evidence · table
“240”
Context: 4914107
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
VOL25-008VolneyView all detailsHide details
Identity
- Hole ID
- VOL25-008
- Project
- Volney
- Region
- south dakota
- Reported Region
- south dakota
- Ticker
- ROAR
Geometry
- Hole Depth
- 258 m
Classification
- Sample Type
- drill
Location
- Easting
- 575714
- Northing
- 4914202
- Elevation
- 1818 m
- Azimuth
- 60 °
- Dip
- -45 °
- Loc. Confidence
- high
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-02T00:00:00.000Z
Reasoning: Collar metadata only; assays pending.
Evidence · table
“258”
Context: 4914202
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
VOL25-009VolneyView all detailsHide details
Identity
- Hole ID
- VOL25-009
- Project
- Volney
- Region
- south dakota
- Reported Region
- south dakota
- Ticker
- ROAR
Geometry
- Hole Depth
- 270 m
Classification
- Sample Type
- drill
Location
- Easting
- 575628
- Northing
- 4914295
- Elevation
- 1828 m
- Azimuth
- 30 °
- Dip
- -45 °
- Loc. Confidence
- high
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-02T00:00:00.000Z
Reasoning: Collar metadata only; assays pending.
Evidence · table
“270”
Context: 4914295
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
VOL25-010VolneyView all detailsHide details
Identity
- Hole ID
- VOL25-010
- Project
- Volney
- Region
- south dakota
- Reported Region
- south dakota
- Ticker
- ROAR
Geometry
- Hole Depth
- 240 m
Classification
- Sample Type
- drill
Location
- Easting
- 575628
- Northing
- 4914295
- Elevation
- 1828 m
- Azimuth
- 60 °
- Dip
- -45 °
- Loc. Confidence
- high
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2025-12-02T00:00:00.000Z
Reasoning: Collar metadata only; assays pending.
Evidence · table
“240”
Context: 4914295
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.