Lion Rock Resources

Lion-Rock-_300x200.jpg

Primary ticker: TSXV:ROAR
Stage of development: Exploration
Primary minerals: Gold, Lithium, Tin
Project to promote: Volney
Project location: South Dakota, United States
Website: www.lionrockresources.com

Lion Rock Resources (TSXV:ROAR) is advancing the unique high-grade gold-lithium-tin project of Volney in the Black Hills of South Dakota. Historic results on the 142-hectare property include channel sampling of 18.2 g/t Au over 18.3 m, grab samples averaging 4.4% Li2O and successful historic drilling limited to 50 m in depth. Volney is accessible year-round by road and is proximal to major mining projects such as Homestake (43.9M oz Au produced), Coeur’s Wharf Mine (93K oz Au in ‘23), Dakota Gold & Agnico Eagle. Volney is located entirely on private land which enables Lion Rock to expedite permitting and exploration.

Financials

Management Profile

Dale Ginn, P. Geo.
President & CEO, Director
Mr. Ginn is a highly experienced mining executive and an award-winning geologist with over 30 years of experience. He is the founder of over ten exploration and mining companies and has led and participated in a variety of gold and base metal discoveries, many of which have entered production. Mr. Ginn’s contributions have led to approximately 10 million ounces in resource generation as well as over C$500 million in capital raised for exploration and development projects. His experience companies such as Goldcorp, Harmony Gold, Hudbay, Westmin, San Gold, Bonterra, Gatling Exploration and others.

What is your rationale for taking part in 121 Mining Investment?

Lion Rock is attending 121 to launch the newly acquired Volney project – a high-grade gold-lithium-tin project unlike any other in the region.
 

What recent news would you like to highlight to investors attending?

October 9, 2024: Lion Rock Acquires High-Grade Gold-Lithium Volney Project In South Dakota

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Drill permitting and geophysics

6 Months:

Drill program focused on priority high-grade gold, high-grade lithium and tin targets

12 Months:

Follow up drill program and regional exploration

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

For most companies in the current market, jurisdictional risks, including permitting and geopolitics, are the greatest challenges. Fortunately, being located in the stable, pro-mining jurisdiction of South Dakota and on private land means that Lion Rock has negligible risk associated with the project.

What do you think makes your company such a compelling investment?

For most companies in the current market, jurisdictional risks, including permitting and geopolitics, are the greatest challenges. Fortunately, being located in the stable, pro-mining jurisdiction of South Dakota and on private land means that Lion Rock has negligible risk associated with the project.Lion Rock is advancing a project that combines high-grade gold, high-grade lithium and tin. Each of these commodities has strong value on their own but to have them all hosted on one project – accessible year-round and near major mining projects – represents a rarely encountered potential for wealth creation. 

What are the top 3 key investor takeaways?

Unique project hosting high-grade gold, lithium and tin in low-risk jurisdiction

Talented team with strong management track record and deep technical expertise

Tight share structure, accelerated exploration