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An announcement from Lion Rock Resources ( (TSE:ROAR) ) is now available.
Lion Rock Resources has announced a significant new gold discovery at its Volney Project in South Dakota, where phase one drilling intersected multiple gold-mineralized zones. The system has been confirmed over a strike length of about 500 metres, with 400 metres width and 200 metres depth, and remains open in all directions.
All nine initial drill holes encountered gold mineralization, with higher-grade cores nested within broader intervals and stacked zones identified at depth, supporting potential future resource development. The near-surface geometry suggests bulk-tonnage, low-cost mining potential, and the gold system is located on the same property as a previously outlined critical minerals system, enhancing the project’s scale and strategic appeal for stakeholders.
More about Lion Rock Resources
Lion Rock Resources is a mineral exploration company listed on the TSX Venture Exchange, focusing on gold and critical mineral projects. The company is advancing its Volney Project in South Dakota, which hosts both a newly identified gold system and previously confirmed occurrences of multiple U.S. critical minerals, positioning it as a multi-commodity exploration play.
Average Trading Volume: 207,838
Technical Sentiment Signal: Sell
Current Market Cap: C$26.07M
See more insights into ROAR stock on TipRanks’ Stock Analysis page.