# Lion Rock Resources Receives Drill Permit at Volney Project, South Dakota Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/lion-rock-resources-receives-drill-permit-at-volney-project-south-dakota--cb13a908-877c-4db5-9ae1-f2636d264b7d Original source: https://money.tmx.com/en/quote/ROAR/news/6910851495055334/lion-rock-resources-receives-drill-permit-at-volney-project-south-dakota Publisher: tmx Original announcement: 2025-08-25T21:19:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Lion Rock Resources Inc. - Ticker: ROAR - Exchange: TSX - Region: South Dakota - Primary commodity: Gold - Secondary commodities: Lithium, Tin - Document categories: Drill results, Permitting, Other - Extracted: 2026-09-18 18:59:12 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Lion Rock Resources has received drill permit approval from the South Dakota DANR for its Volney Project in the Black Hills. The permit covers 78 drill pad locations, allowing the company to begin its inaugural drilling program next month to test gold, lithium, and tin mineralization. Reasoning: The announcement of a drill permit is a key de-risking milestone for an exploration-stage company, enabling the commencement of its inaugural drilling program. - Positive factor: Drill permit approval from DANR - Positive factor: Broad coverage with 78 approved drill pads - Positive factor: High-grade surface sampling \(14.0 g/t Au\) - Positive factor: Multi-commodity potential \(Gold, Lithium, Tin\) Facts used in scoring: 5 ## Classification and evidence **Permitting Milestone** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The company received drill permit approval from the South Dakota Department of Agriculture and Natural Resources \(DANR\). Evidence · text > has received approval from the South Dakota Department of Agriculture and Natural Resources \(DANR\) for its drill permit **Nearology Play** Polarity: neutral Story-specific tag Definition: 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 prolific Homestake Mine. Evidence · text > located in the historic Black Hills mining district of South Dakota, USA ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (4) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/lion-rock-resources-receives-drill-permit-at-volney-project-south-dakota--cb13a908-877c-4db5-9ae1-f2636d264b7d#fact-drill-facts-1) gold #### Identity - Commodity: gold - Region: south dakota - Reported Region: south dakota - Ticker: ROAR #### Geometry - Grade: 14 - Grade Unit: g/t #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-08-25T00:00:00.000Z Reasoning: 14.0 g/t Au is a strong intercept for surface sampling in a shear trend. - Positive factor: High grade chip sample Evidence · text > chip samples returned up to 14.0 g/t Au #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/lion-rock-resources-receives-drill-permit-at-volney-project-south-dakota--cb13a908-877c-4db5-9ae1-f2636d264b7d#fact-drill-facts-2) lithium #### Identity - Commodity: lithium - Region: south dakota - Reported Region: south dakota - Ticker: ROAR #### Geometry - Grade: 3.7 - Grade Unit: % #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-08-25T00:00:00.000Z Reasoning: 3.7% Li2O from outcrop is significant for a pegmatite target. - Positive factor: High grade lithium outcrop Evidence · text > returned recent grades of up to 3.7% Li 2 O from outcrop #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/lion-rock-resources-receives-drill-permit-at-volney-project-south-dakota--cb13a908-877c-4db5-9ae1-f2636d264b7d#fact-drill-facts-3) lithium #### Identity - Commodity: lithium - Region: south dakota - Reported Region: south dakota - Ticker: ROAR #### Geometry - Grade: 5.3 - Grade Unit: % #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-08-25T00:00:00.000Z Reasoning: 5.3% Li2O from historic stockpiles indicates high grade potential. - Positive factor: High grade lithium stockpile Evidence · text > 5.3% Li 2 O from historic stockpiles #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 4 [Link to this fact](https://atlas-extractions.minestarters.com/news/lion-rock-resources-receives-drill-permit-at-volney-project-south-dakota--cb13a908-877c-4db5-9ae1-f2636d264b7d#fact-drill-facts-4) tin #### Identity - Commodity: tin - Region: south dakota - Reported Region: south dakota - Ticker: ROAR #### Geometry - Grade: 1 - Grade Unit: % #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-08-25T00:00:00.000Z Reasoning: Tin values > 1.0% Sn from stockpiles demonstrate multi-commodity upside. - Positive factor: By-product potential Evidence · text > Tin values greater than 1.0% Sn were reported from 13 recent stockpile samples #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: 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 Undisclosed** Polarity: negative Definition: 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.