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An update from Lion Rock Resources ( (TSE:ROAR) ) is now available.
Lion Rock Resources has announced the results of a high-resolution magnetic survey and 3D inversion at its Volney Project, revealing a significant gold and LCT pegmatite system. The survey has identified key structural features and potential drill targets, enhancing the company’s geological understanding and exploration potential. With drill permitting nearing completion, Lion Rock is set to commence its inaugural drill program, targeting areas defined by recent surface sampling and magnetic data. This development positions Lion Rock to capitalize on the exploration upside of the Volney Project, with the potential to expand its resource base and strengthen its market position.
More about Lion Rock Resources
Lion Rock Resources Inc. operates in the mining industry, focusing on the exploration and development of gold and LCT (Lithium-Cesium-Tantalum) pegmatite systems. The company is actively engaged in the Volney Project located in South Dakota’s Black Hills, a region known for its rich mining history and significant gold production.
Average Trading Volume: 141,403
Technical Sentiment Signal: Hold
Current Market Cap: C$17.41M
For an in-depth examination of ROAR stock, go to TipRanks’ Overview page.