Lion Rock Resources
Lion Rock Resources is a Canadian junior mineral exploration company advancing the Volney Project in South Dakota's Black Hills, where Phase 1 drilling confirmed a multi-commodity system of gold, lithium, tin, and tantalum on private land with permits in place for future production.
- Company typePublic
- Founded2024
- HeadquartersVancouver, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Lion Rock Resources does
Lion Rock Resources Inc. is a Canadian-domiciled, publicly traded junior mineral exploration company (TSXV: ROAR, OTCQB: LRRIF, FSE: KGB) headquartered in Vancouver, British Columbia. The company's entire operational focus is the Volney Project, a 142-hectare property located in South Dakota's Black Hills that sits entirely on private land with surface and mineral rights held outright. Phase 1 exploration, completed in early 2026, comprised 3,600 metres of diamond drilling across 15 holes and confirmed two distinct mineral systems: a shear-hosted gold system (500m x 400m x 200m zone with a 100% drill hit rate) and an LCT (Lithium-Cesium-Tantalum) pegmatite system hosting lithium, tin, and tantalum mineralization (300m x 100m x 150m strike), all three of which are on the US Critical Minerals List.
The underlying technology is conventional mineral exploration — diamond core drilling, magnetic geophysical surveys, and geological modeling — applied to a past-producing district (the Giant Volney and Rough and Ready mines operated from 1903-1944). Lion Rock reported highlight intercepts of up to 2.3% Li2O over 5.7m, 3,715 ppm Ta2O5 over 1.0m, and 10.9m at 2.0 g/t Au. In June 2026, the company received a Conditional Use Permit from Lawrence County, South Dakota, and is pursuing a state mining license.
The business model is pre-revenue and pre-production. Lion Rock currently generates no operating revenue; capitalization comes from equity financings, including a $2.16 million private placement closed in April 2026 and an SEC Form D filing of approximately $602,819. Future revenue is intended to flow from sales of extracted lithium, tin, tantalum, and gold to offtake partners — battery manufacturers, electronics companies, and industrial end-users — but no offtake agreements have been disclosed. Go-to-market activity is dual-track: institutional and retail investor outreach via media partnerships (Resource Stock Digest, Global One Media) and industry conferences (PDAC, Fastmarkets), paired with direct engagement of prospective offtake counterparties. The company operates with a small team of 1-10 employees, with R. Dale Ginn serving as President and CEO and Carl Ginn, P.Geo., acting as the NI 43-101 Qualified Person.
Lion Rock Resources firmographics
Firmographics- Name
- Lion Rock Resources
- Legal name
- Lion Rock Resources Inc.
- Website
- https://lionrockresources.com
- Company type
- Public
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Lion Rock Resources is a Canadian junior mineral exploration company advancing the Volney Project in South Dakota's Black Hills, where Phase 1 drilling confirmed a multi-commodity system of gold, lithium, tin, and tantalum on private land with permits in place for future production.
- Ownership category
- akta.pro rank
Lion Rock Resources industry classification
Industry- Product category
- Mineral Exploration & Resource Development
- NAICS
- Gold Ore and Silver Ore Mining (21222), Other Metal Ore Mining (21229)
- SIC
- Gold And Silver Ores (1040), Miscellaneous Metal Ores (1090)
- akta.pro primary industry
- Exploration & Resource Development (Critical Minerals) (IMAKAFAL)
- akta.pro secondary industry
- Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)
Keywords
Where Lion Rock Resources is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Lion Rock Resources business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Technology or R&D, Supply Chain, Others
Revenue model
- Mineral Production and Sales: Once the Volney Project advances to production, revenue will be generated through the sale of extracted minerals (lithium, tin, tantalum, and gold) to offtake partners including battery manufacturers, electronics companies, and industrial users. The company is pursuing offtake agreements to secure long-term sales contracts for its critical mineral production.
- Equity Financing: The company raises capital through equity financings including private placements. Completed $2.16 million private placement in April 2026 to fund the Volney Lithium Project and general working capital. Also completed SEC Form D filing for approximately $602,819 USD exempt offering.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels5 records
Lion Rock Resources product offering
Product offeringCore offering
Lion Rock Resources is a Canadian mineral exploration company advancing the Volney Critical Minerals and Gold Project in South Dakota's Black Hills. The 142-hectare project, situated entirely on private land, targets gold plus a polymetallic system of lithium, tin, and tantalum — all on the US Critical Minerals List — through diamond drilling and geological exploration. The company is currently pre-revenue, raising capital and pursuing offtake agreements ahead of future production.
Product overview
Lion Rock Resources is a Canadian mineral exploration company operating as a single-project-focused entity with its flagship Volney Project in South Dakota's Black Hills. The project integrates five exploration modules: the core Volney Project combining gold and critical minerals exploration, with four specialized sub-products covering Gold Exploration (shear-hosted gold in altered mafic rocks), Lithium Exploration (LCT pegmatite-hosted spodumene), Tin Exploration (cassiterite-bearing pegmatites), and Tantalum Exploration (tantalite-bearing pegmatites). All critical minerals sub-products share the same LCT pegmatite system while gold exploration operates from a geologically distinct shear-hosted system. The company completed approximately 3,600 metres of diamond drilling across 15 holes in the first modern drill program at Volney, achieving 100% drill hit rates for both gold and critical minerals.
Differentiator
Problem solved
Functional benefit
Products and services
- Volney Critical Minerals and Gold Project The flagship 142-hectare multi-commodity mineral exploration project located in South Dakota's Black Hills, featuring a drill-confirmed gold discovery (500m x 400m x 200m zone) and an LCT pegmatite system hosting lithium, tin, and tantalum mineralization on private land with surface and mineral rights.
- Volney Gold Exploration Shear-hosted gold exploration within altered mafic volcanics and metasedimentary rocks at Volney; Phase 1 drilling returned gold mineralization in all nine drillholes including 10.9m at 2.0 g/t Au and 2.1m at 5.0 g/t Au.
- Volney Lithium Exploration LCT (Lithium-Cesium-Tantalum) pegmatite-hosted lithium exploration targeting spodumene-bearing pegmatites at Volney, with Phase 1 drilling confirming high-grade lithium mineralization including up to 2.3% Li2O over 5.7m.
- Volney Tin Exploration Cassiterite-bearing pegmatite-hosted tin exploration co-occurring with lithium and tantalum at Volney, with Phase 1 drill tin intercepts up to 1.0% Sn over 0.5m and historic Rough and Ready Mine having produced 105,039 lbs of tin between 1903-1927.
- Volney Tantalum Exploration Tantalite-bearing pegmatite-hosted tantalum exploration within the Volney LCT pegmatite system, with Phase 1 drilling returning grades up to 3,715 ppm Ta2O5 over 1.0m, well above the commercial threshold of approximately 150 ppm Ta2O5.
Quantifiable outcome
- Phase 1 drilling achieved 100% hit rate across all nine gold-targeted drillholes defining 500m × 400m × 200m gold zone, plus critical minerals strike of 300m × 100m × 150m
- +3 more outcomes
Companies that use Lion Rock Resources
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles2 records
Lion Rock Resources technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Lion Rock Resources partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered supporting.
- Fastmarkets Global Lithium, Battery and Critical Materials ConferencesupportingLion Rock Resources attended the Fastmarkets Global Lithium, Battery and Critical Materials Conference in Las Vegas (June 22-25, 2026) to meet with prospective offtake partners, end-users, and investors across the critical minerals supply chain. The conference brings together over 1,250 senior executives from more than 600 companies across 40 countries.
- Prospectors & Developers Association of Canada (PDAC)supportingLion Rock Resources attended the 2026 PDAC Convention from March 1-4, 2026 at the Metro Toronto Convention Centre. Company leadership and technical personnel were at Booth 3046 to engage with the investment and resource community.
- Global One Media Group Pte. Ltd.supportingSix-month Media Agency Agreement covering marketing, communications, and investor relations services. The agreement is payable from the company's general working capital at $6,500 per month and is subject to acceptance by the TSX Venture Exchange.
- Resource Stock DigestsupportingOne-year awareness campaign agreement with Resource Stock Digest, a U.S.-based media firm, for generating interest in Lion Rock's mineral exploration activities, particularly its high-grade gold and lithium projects across North America. Cost: US$150,000.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Lion Rock Resources competitors and assessment
Company assessmentBroad incumbents
- Sigma Lithium: Hard-rock spodumene producer in Brazil supplying battery-grade lithium to global markets. Comparable commodity (lithium from pegmatite) and serves as a benchmark for hard-rock lithium project economics.
- Albemarle Corporation: Global lithium and critical minerals giant with diversified production across brine, hard-rock, and conversion. Represents the scale end of the lithium supply chain Lion Rock targets as a downstream off-taker.
- Lithium Americas: Large-scale lithium developer advancing the Thacker Pass project. Represents a benchmark for capital intensity and timeline required to move a US lithium project from exploration toward production.
- Piedmont Lithium: Well-funded lithium developer with US-spodumene projects and offtake agreements with major automakers. Comparable commodity focus (lithium) with broader market capitalization and longer development timeline.
- Coeur Mining (Wharf Mine): Major precious metals producer with active Wharf Mine operations in the Black Hills - directly adjacent to Lion Rock's district. Serves as a regional incumbent demonstrating commercial viability of Black Hills gold deposits.
Emerging players
- Standard Lithium: North American lithium developer focused on US brine and hard-rock resources. Comparable as a publicly-listed lithium-focused explorer pursuing US-domestic supply for battery manufacturers.
- Avalon Advanced Materials: Diversified critical minerals developer with lithium, rare earths, and tin/tantalum exposure in Canada. Similar pre-revenue critical minerals strategy with multi-commodity portfolio approach.
- Alphamin Resources: Mid-tier tin producer (Mpama Mine, DRC) with the world's third-largest tin mine. Highly relevant peer for the tin component of Lion Rock's LCT pegmatite project, illustrating economic potential of grade tin resources.
Direct peers
- Dakota Gold Corp: Direct peer operating in the same South Dakota Black Hills district with a gold-focused exploration strategy. Lion Rock's Volney Project sits proximal to Dakota Gold's properties and shares the same geological setting, infrastructure, and investor base.
- Dakota Territory Resource Corp: Another Black Hills-focused gold explorer with claims in the same historic district. Comparable single-asset junior model with similar regulatory pathway on private/fee land in South Dakota.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Lion Rock Resources social profiles
Digital presenceLion Rock Resources financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lion Rock Resources leadership team
Management profileNumber of profiles
Profiles2 records
Lion Rock Resources funding detail
Funding detailFunding overview
Funding rounds3 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lion Rock Resources M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lion Rock Resources
What does Lion Rock Resources do?
Lion Rock Resources is a Canadian mineral exploration company advancing the Volney Critical Minerals and Gold Project in South Dakota's Black Hills. The 142-hectare project, situated entirely on private land, targets gold plus a polymetallic system of lithium, tin, and tantalum — all on the US Critical Minerals List — through diamond drilling and geological exploration. The company is currently pre-revenue, raising capital and pursuing offtake agreements ahead of future production.
Is Lion Rock Resources a public or private company?
Lion Rock Resources is a public company. It is classified as public and is currently operating.
When was Lion Rock Resources founded?
Lion Rock Resources was founded in 2024. It employs 1 to 10 people.
Where is Lion Rock Resources based?
Lion Rock Resources is headquartered in Vancouver, Canada, in the North America region.
How does Lion Rock Resources make money?
Two revenue lines are on record. Mineral Production and Sales are the primary driver. The others are equity Financing.
Who are Lion Rock Resources's main competitors?
Broad incumbents on record are Sigma Lithium, Albemarle Corporation, Lithium Americas, Piedmont Lithium and Coeur Mining (Wharf Mine). Emerging players are Standard Lithium, Avalon Advanced Materials and Alphamin Resources. Direct peers are Dakota Gold Corp and Dakota Territory Resource Corp.
Does Lion Rock Resources have an API?
No public API is recorded for Lion Rock Resources.
What industry is Lion Rock Resources in?
Lion Rock Resources's product category is Mineral Exploration & Resource Development. Its primary akta.pro industry code is IMAKAFAL, Exploration & Resource Development (Critical Minerals), with a secondary code of IMAKAKAA, Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling). Its NAICS code is 21222 and its SIC code is 1040.