Lion Rock's First Results from Maiden Drill Program Reveals Discovery of Multiple Critical Mineral Intercepts Within the Volney Pegmatite

Original announcement by tmx on

Company
Lion Rock Resources Inc.
Ticker
ROAR
Exchange
TSX
Region
South Dakota
Primary commodity
Lithium
Secondary commodities
Tin, Tantalum, Gallium, Cesium, Rubidium, Gold
Document categories
Drill results, Other
Extracted
2026-09-18 18:49:36 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Lion Rock Resources has reported maiden drill results from its Volney Project in South Dakota, revealing significant lithium, tin, and tantalum intercepts within a pegmatite system. The Phase 1 program confirmed a multi-element critical mineral signature including gallium, cesium, and rubidium, though results represent partial widths of the pegmatite bodies.

Reasoning: Maiden drill results from the Volney Project show high-grade lithium intercepts and a multi-element critical mineral signature consistent with an LCT pegmatite system.

Positive factors

  • Significant lithium intercepts at surface
  • Discovery of multiple critical minerals (Li, Sn, Ta, Ga, Cs, Rb)
  • Maiden drill program results confirm LCT pegmatite system
  • QA/QC protocols disclosed with certified lab

Negative factors

  • Intersections represent partial thickness only
  • Hole VOL25-005 terminated early due to historic workings

Facts used in scoring: 14

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Maiden drill program results from the Giant Volney target area.

Evidence · text

“Lion Rock's First Results from Maiden Drill Program”

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 SGS 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 company explicitly states that reported intervals represent partial intersections and do not reflect full pegmatite width.

Evidence · text

“As a result, the reported intervals represent partial intersections and do not reflect the full interpreted width of the pegmatite body”

Extracted facts

Stored fact records: 14. Some facts used in scoring do not have a stored record.

Drill Results (14)

VOL25-004Volney · lithiumGrade: 0.8Grade Unit: %Intercept: 25.4 mView all details
Link to this fact

Identity

Hole ID
VOL25-004
Project
Volney
Commodity
lithium
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
0.8
Grade Unit
%
Intercept
25.4 m
From
12.2 m
To
37.6 m
Intercept Depth
12.2 m

Classification

Program
exploration
Sample Type
drill
Group ID
VOL25-004:12.2-37.6
Mining Method
unknown

QA/QC

Laboratory
SGS
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
2026-02-26T00:00:00.000Z

Reasoning: Strong maiden lithium intercept at surface.

Positive factors

  • Significant lithium intercept

Negative factors

  • Partial width intersection

Evidence · text

“0.8% Li 2 O over 25.4 m”

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

VOL25-004Volney · lithiumGrade: 1.3Grade Unit: %Intercept: 14.3 mView all details
Link to this fact

Identity

Hole ID
VOL25-004
Project
Volney
Commodity
lithium
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
1.3
Grade Unit
%
Intercept
14.3 m
From
12.2 m
To
26.5 m
Intercept Depth
12.2 m

Classification

Program
exploration
Sample Type
drill
Group ID
VOL25-004:12.2-26.5
Mining Method
unknown

QA/QC

Laboratory
SGS
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
2026-02-26T00:00:00.000Z

Reasoning: High grade lithium inclusion within the main interval.

Positive factors

  • High grade inclusion

Evidence · text

“including 1.3% Li 2 O over 14.3 m”

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

VOL25-004Volney · tantalumGrade: 72Grade Unit: ppm TaIntercept: 5.7 mView all details
Link to this fact

Identity

Hole ID
VOL25-004
Project
Volney
Commodity
tantalum
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
72
Grade Unit
ppm Ta
Intercept
5.7 m
From
20.4 m
To
26 m
Intercept Depth
20.4 m

Classification

Program
exploration
Sample Type
drill
Group ID
VOL25-004:20.4-26
Mining Method
unknown

QA/QC

Laboratory
SGS
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
2026-02-26T00:00:00.000Z

Reasoning: Tantalum presence within the lithium interval.

Positive factors

  • Critical mineral presence

Evidence · text

“72 ppm Ta over 5.7 m within the lithium interval in VOL25-004”

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

VOL25-005Volney · lithiumGrade: 1.5Grade Unit: %Intercept: 10.3 mView all details
Link to this fact

Identity

Hole ID
VOL25-005
Project
Volney
Commodity
lithium
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
1.5
Grade Unit
%
Intercept
10.3 m
From
8.7 m
To
19 m
Intercept Depth
8.7 m

Classification

Program
exploration
Sample Type
drill
Group ID
VOL25-005:8.7-19
Mining Method
unknown

QA/QC

Laboratory
SGS
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
2026-02-26T00:00:00.000Z

Reasoning: Strong lithium intercept, though hole ended in pegmatite due to historic workings.

Positive factors

  • Significant lithium intercept

Negative factors

  • Hole terminated early

Evidence · text

“1.5% Li 2 O over 10.3 m”

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

VOL25-005Volney · lithiumGrade: 2.2Grade Unit: %Intercept: 1.3 mView all details
Link to this fact

Identity

Hole ID
VOL25-005
Project
Volney
Commodity
lithium
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
2.2
Grade Unit
%
Intercept
1.3 m
From
15.5 m
To
16.8 m
Intercept Depth
15.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
VOL25-005:15.5-16.8
Mining Method
unknown

QA/QC

Laboratory
SGS
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
2026-02-26T00:00:00.000Z

Reasoning: High grade lithium inclusion.

Positive factors

  • High grade inclusion

Evidence · text

“including 2.2% Li 2 O over 1.3 m”

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

VOL25-005Volney · tantalumGrade: 120Grade Unit: ppm TaIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
VOL25-005
Project
Volney
Commodity
tantalum
Region
south dakota
Reported Region
south dakota
Ticker
ROAR

Geometry

Grade
120
Grade Unit
ppm Ta
Intercept
3 m
From
12.5 m
To
15.5 m
Intercept Depth
12.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
VOL25-005:12.5-15.5
Mining Method
unknown

QA/QC

Laboratory
SGS
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
2026-02-26T00:00:00.000Z

Reasoning: Tantalum presence within the lithium interval.

Positive factors

  • Critical mineral presence

Evidence · text

“120 ppm Ta over 3.0 m within VOL25-005”

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 · tinGrade: 0.1Grade Unit: %Intercept: 28.3 mView all details
Link to this fact

Identity

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

Geometry

Grade
0.1
Grade Unit
%
Intercept
28.3 m
From
22.2 m
To
50.5 m
Intercept Depth
22.2 m

Classification

Program
exploration
Sample Type
drill
Group ID
VOL25-006:22.2-50.5
Mining Method
unknown

QA/QC

Laboratory
SGS
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
2026-02-26T00:00:00.000Z

Reasoning: Tin mineralization confirmed in pegmatite.

Positive factors

  • Tin mineralization confirmed

Evidence · text

“0.1% Sn and 45 ppm Ta over 28.3 m”

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 · tantalumGrade: 45Grade Unit: ppm TaIntercept: 28.3 mView all details
Link to this fact

Identity

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

Geometry

Grade
45
Grade Unit
ppm Ta
Intercept
28.3 m
From
22.2 m
To
50.5 m
Intercept Depth
22.2 m

Classification

Program
exploration
Sample Type
drill
Group ID
VOL25-006:22.2-50.5
Mining Method
unknown

QA/QC

Laboratory
SGS
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
2026-02-26T00:00:00.000Z

Reasoning: Tantalum presence in pegmatite.

Positive factors

  • Tantalum mineralization confirmed

Evidence · text

“0.1% Sn and 45 ppm Ta over 28.3 m”

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 · tinGrade: 0.3Grade Unit: %Intercept: 3 mView all details
Link to this fact

Identity

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

Geometry

Grade
0.3
Grade Unit
%
Intercept
3 m
From
41.1 m
To
44.1 m
Intercept Depth
41.1 m

Classification

Program
exploration
Sample Type
drill
Group ID
VOL25-006:41.1-44.1
Mining Method
unknown

QA/QC

Laboratory
SGS
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
2026-02-26T00:00:00.000Z

Reasoning: Higher grade tin inclusion.

Positive factors

  • High grade inclusion

Evidence · text

“including 0.3% Sn and 120 ppm Ta over 3.0 m”

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 · tantalumGrade: 120Grade Unit: ppm TaIntercept: 3 mView all details
Link to this fact

Identity

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

Geometry

Grade
120
Grade Unit
ppm Ta
Intercept
3 m
From
41.1 m
To
44.1 m
Intercept Depth
41.1 m

Classification

Program
exploration
Sample Type
drill
Group ID
VOL25-006:41.1-44.1
Mining Method
unknown

QA/QC

Laboratory
SGS
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
2026-02-26T00:00:00.000Z

Reasoning: High grade tantalum inclusion.

Positive factors

  • High grade inclusion

Evidence · text

“including 0.3% Sn and 120 ppm Ta over 3.0 m”

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 · lithiumGrade: 1.6Grade Unit: %Intercept: 10.6 mView all details
Link to this fact

Identity

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

Geometry

Grade
1.6
Grade Unit
%
Intercept
10.6 m
From
7.6 m
To
18.2 m
Intercept Depth
7.6 m

Classification

Program
exploration
Sample Type
drill
Group ID
VOL25-007:7.6-18.2
Mining Method
unknown

QA/QC

Laboratory
SGS
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
2026-02-26T00:00:00.000Z

Reasoning: Strong lithium intercept at surface.

Positive factors

  • Significant lithium intercept

Evidence · text

“1.6% Li 2 O over 10.6 m”

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 · lithiumGrade: 2.3Grade Unit: %Intercept: 5.7 mView all details
Link to this fact

Identity

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

Geometry

Grade
2.3
Grade Unit
%
Intercept
5.7 m
From
12.5 m
To
18.2 m
Intercept Depth
12.5 m

Classification

Program
exploration
Sample Type
drill
Group ID
VOL25-007:12.5-18.2
Mining Method
unknown

QA/QC

Laboratory
SGS
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
2026-02-26T00:00:00.000Z

Reasoning: High grade lithium inclusion.

Positive factors

  • High grade inclusion

Evidence · text

“including 2.3% Li 2 O over 5.7 m”

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 · tinGrade: 0.1Grade Unit: %Intercept: 6.2 mView all details
Link to this fact

Identity

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

Geometry

Grade
0.1
Grade Unit
%
Intercept
6.2 m
From
19.3 m
To
25.5 m
Intercept Depth
19.3 m

Classification

Program
exploration
Sample Type
drill
Group ID
VOL25-007:19.3-25.5
Mining Method
unknown

QA/QC

Laboratory
SGS
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
2026-02-26T00:00:00.000Z

Reasoning: Tin mineralization confirmed in pegmatite.

Positive factors

  • Tin mineralization confirmed

Evidence · text

“0.1% Sn and 53 ppm Ta over 6.2 m”

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 · tantalumGrade: 53Grade Unit: ppm TaIntercept: 6.2 mView all details
Link to this fact

Identity

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

Geometry

Grade
53
Grade Unit
ppm Ta
Intercept
6.2 m
From
19.3 m
To
25.5 m
Intercept Depth
19.3 m

Classification

Program
exploration
Sample Type
drill
Group ID
VOL25-007:19.3-25.5
Mining Method
unknown

QA/QC

Laboratory
SGS
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
2026-02-26T00:00:00.000Z

Reasoning: Tantalum presence in pegmatite.

Positive factors

  • Tantalum mineralization confirmed

Evidence · text

“0.1% Sn and 53 ppm Ta over 6.2 m”

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.