Lion Rock Makes New Gold Discovery 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 18:49:02 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Lion Rock Resources Inc. has announced a new gold discovery at its Volney Project in South Dakota, with Phase 1 drilling confirming a 500m strike length. The results show high-grade gold cores nested within broader mineralization and indicate potential for near-surface, bulk-tonnage mining. The project also shows potential for lithium mineralization.

Reasoning: The announcement reports a significant new gold discovery with high-grade intercepts and a confirmed strike length, representing a major exploration milestone for the company.

Positive factors

  • New gold discovery with 100% hit rate across nine holes
  • Significant strike length of 500m confirmed in Phase 1
  • High-grade cores nested within broader mineralization
  • Near-surface geometry suggests bulk-tonnage potential
  • Presence of secondary lithium mineralization

Negative factors

  • True widths not disclosed
  • Assays for additional holes are still pending

Facts used in scoring: 17

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The results represent a new gold discovery at the Volney Project.

Evidence · text

“is pleased to announce a new gold discovery at the Volney Project”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes details on certified reference materials, blanks, duplicates, and laboratory accreditation.

Evidence · text

“Certified reference material and blank material were inserted at a rate of approximately 4% each.”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that reported intervals are downhole lengths and true widths are unknown.

Evidence · text

“Reported intervals are downhole lengths. True widths are unknown.”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The discovery is part of a property hosting a recently confirmed critical mineral system.

Evidence · text

“this gold discovery sits within the same property hosting our recently confirmed critical mineral system”

Extracted facts

Stored fact records: 17. Some facts used in scoring do not have a stored record.

Drill Results (17)

VOL25-002Volney · goldGrade: 0.5Grade Unit: g/tIntercept: 36.5 mView all details
Link to this fact

Identity

Hole ID
VOL25-002
Project
Volney
Commodity
gold
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
0.5
Grade Unit
g/t
Intercept
36.5 m
From
12.5 m
To
48.9 m
Intercept Depth
12.5 m

Classification

Sample Type
drill
Group ID
VOL25-002:12.5-48.9
Mining Method
open_pit

QA/QC

Laboratory
SGS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: Broad low-grade intercept.

Evidence · table

“0.5”

Context: 36.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

VOL25-002Volney · goldGrade: 2.1Grade Unit: g/tIntercept: 4.6 mView all details
Link to this fact

Identity

Hole ID
VOL25-002
Project
Volney
Commodity
gold
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
2.1
Grade Unit
g/t
Intercept
4.6 m
From
12.5 m
To
17 m
Intercept Depth
12.5 m

Classification

Sample Type
drill
Group ID
VOL25-002:12.5-17
Mining Method
open_pit

QA/QC

Laboratory
SGS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: High-grade core within broader interval.

Evidence · table

“2.1”

Context: 4.6

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

VOL25-002Volney · goldGrade: 2.8Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
VOL25-002
Project
Volney
Commodity
gold
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
2.8
Grade Unit
g/t
Intercept
2 m
From
90 m
To
92 m
Intercept Depth
90 m

Classification

Sample Type
drill
Group ID
VOL25-002:90-92
Mining Method
open_pit

QA/QC

Laboratory
SGS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: Narrow high-grade intercept.

Evidence · table

“2.8”

Context: 2.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

VOL25-003Volney · goldGrade: 1Grade Unit: g/tIntercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
VOL25-003
Project
Volney
Commodity
gold
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
1
Grade Unit
g/t
Intercept
4.8 m
From
12.2 m
To
17 m
Intercept Depth
12.2 m

Classification

Sample Type
drill
Group ID
VOL25-003:12.2-17
Mining Method
open_pit

QA/QC

Laboratory
SGS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: Moderate grade intercept.

Evidence · table

“1.0”

Context: 4.8

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

VOL25-003Volney · goldGrade: 1.4Grade Unit: g/tIntercept: 4.4 mView all details
Link to this fact

Identity

Hole ID
VOL25-003
Project
Volney
Commodity
gold
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
1.4
Grade Unit
g/t
Intercept
4.4 m
From
85.3 m
To
89.8 m
Intercept Depth
85.3 m

Classification

Sample Type
drill
Group ID
VOL25-003:85.3-89.8
Mining Method
open_pit

QA/QC

Laboratory
SGS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: Moderate grade intercept.

Evidence · table

“1.4”

Context: 4.4

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

VOL25-003Volney · goldGrade: 2Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
VOL25-003
Project
Volney
Commodity
gold
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
2
Grade Unit
g/t
Intercept
1.5 m
From
85.3 m
To
86.8 m
Intercept Depth
85.3 m

Classification

Sample Type
drill
Group ID
VOL25-003:85.3-86.8
Mining Method
open_pit

QA/QC

Laboratory
SGS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: High-grade core within interval.

Evidence · table

“2.0”

Context: 1.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

VOL25-006Volney · goldGrade: 1Grade Unit: g/tIntercept: 4.1 mView all details
Link to this fact

Identity

Hole ID
VOL25-006
Project
Volney
Commodity
gold
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
1
Grade Unit
g/t
Intercept
4.1 m
From
245.5 m
To
249.6 m
Intercept Depth
245.5 m

Classification

Sample Type
drill
Group ID
VOL25-006:245.5-249.6
Mining Method
open_pit

QA/QC

Laboratory
SGS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: Moderate grade intercept.

Evidence · table

“1.0”

Context: 4.1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

VOL25-006Volney · goldGrade: 0.8Grade Unit: g/tIntercept: 24.8 mView all details
Link to this fact

Identity

Hole ID
VOL25-006
Project
Volney
Commodity
gold
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
0.8
Grade Unit
g/t
Intercept
24.8 m
From
261.6 m
To
286.4 m
Intercept Depth
261.6 m

Classification

Sample Type
drill
Group ID
VOL25-006:261.6-286.4
Mining Method
open_pit

QA/QC

Laboratory
SGS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: Wide moderate-grade intercept.

Evidence · table

“0.8”

Context: 24.8

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

VOL25-006Volney · goldGrade: 2Grade Unit: g/tIntercept: 10.9 mView all details
Link to this fact

Identity

Hole ID
VOL25-006
Project
Volney
Commodity
gold
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
2
Grade Unit
g/t
Intercept
10.9 m
From
267.5 m
To
278.4 m
Intercept Depth
267.5 m

Classification

Sample Type
drill
Group ID
VOL25-006:267.5-278.4
Mining Method
open_pit

QA/QC

Laboratory
SGS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: High-grade core within wide interval.

Evidence · table

“2.0”

Context: 10.9

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

VOL25-007Volney · goldGrade: 1Grade Unit: g/tIntercept: 1.1 mView all details
Link to this fact

Identity

Hole ID
VOL25-007
Project
Volney
Commodity
gold
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
1
Grade Unit
g/t
Intercept
1.1 m
From
109.9 m
To
111 m
Intercept Depth
109.9 m

Classification

Sample Type
drill
Group ID
VOL25-007:109.9-111
Mining Method
open_pit

QA/QC

Laboratory
SGS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: Narrow moderate-grade intercept.

Evidence · table

“1.0”

Context: 1.1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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 · goldGrade: 4.1Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
VOL25-009
Project
Volney
Commodity
gold
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
4.1
Grade Unit
g/t
Intercept
1.6 m
From
92.6 m
To
94.2 m
Intercept Depth
92.6 m

Classification

Sample Type
drill
Group ID
VOL25-009:92.6-94.2
Mining Method
open_pit

QA/QC

Laboratory
SGS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: High-grade narrow intercept.

Evidence · table

“4.1”

Context: 1.6

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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 · goldGrade: 1.1Grade Unit: g/tIntercept: 11.2 mView all details
Link to this fact

Identity

Hole ID
VOL25-009
Project
Volney
Commodity
gold
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
1.1
Grade Unit
g/t
Intercept
11.2 m
From
129 m
To
140.2 m
Intercept Depth
129 m

Classification

Sample Type
drill
Group ID
VOL25-009:129-140.2
Mining Method
open_pit

QA/QC

Laboratory
SGS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: Moderate grade intercept.

Evidence · table

“1.1”

Context: 11.2

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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 · goldGrade: 1Grade Unit: g/tIntercept: 6.5 mView all details
Link to this fact

Identity

Hole ID
VOL25-009
Project
Volney
Commodity
gold
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
1
Grade Unit
g/t
Intercept
6.5 m
From
145 m
To
151.5 m
Intercept Depth
145 m

Classification

Sample Type
drill
Group ID
VOL25-009:145-151.5
Mining Method
open_pit

QA/QC

Laboratory
SGS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: Moderate grade intercept.

Evidence · table

“1.0”

Context: 6.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

VOL25-010Volney · goldGrade: 3.4Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
VOL25-010
Project
Volney
Commodity
gold
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
3.4
Grade Unit
g/t
Intercept
1 m
From
130 m
To
131 m
Intercept Depth
130 m

Classification

Sample Type
drill
Group ID
VOL25-010:130-131
Mining Method
open_pit

QA/QC

Laboratory
SGS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: High-grade narrow intercept.

Evidence · table

“3.4”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

VOL25-011Volney · goldGrade: 1Grade Unit: g/tIntercept: 7.5 mView all details
Link to this fact

Identity

Hole ID
VOL25-011
Project
Volney
Commodity
gold
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
1
Grade Unit
g/t
Intercept
7.5 m
From
277 m
To
284.5 m
Intercept Depth
277 m

Classification

Sample Type
drill
Group ID
VOL25-011:277-284.5
Mining Method
open_pit

QA/QC

Laboratory
SGS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: Moderate grade intercept.

Evidence · table

“1.0”

Context: 7.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

VOL25-013Volney · goldGrade: 1.1Grade Unit: g/tIntercept: 23.2 mView all details
Link to this fact

Identity

Hole ID
VOL25-013
Project
Volney
Commodity
gold
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
1.1
Grade Unit
g/t
Intercept
23.2 m
From
57.8 m
To
81 m
Intercept Depth
57.8 m

Classification

Sample Type
drill
Group ID
VOL25-013:57.8-81
Mining Method
open_pit

QA/QC

Laboratory
SGS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: Wide moderate-grade intercept.

Evidence · table

“1.1”

Context: 23.2

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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

VOL25-014Volney · goldGrade: 5Grade Unit: g/tIntercept: 2.1 mView all details
Link to this fact

Identity

Hole ID
VOL25-014
Project
Volney
Commodity
gold
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
5
Grade Unit
g/t
Intercept
2.1 m
From
26 m
To
28 m
Intercept Depth
26 m

Classification

Sample Type
drill
Group ID
VOL25-014:26-28
Mining Method
open_pit

QA/QC

Laboratory
SGS Laboratories
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-04-08T00:00:00.000Z

Reasoning: Exceptional grade intercept.

Evidence · table

“5.0”

Context: 2.1

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is 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.