Lion Rock Resources Inc. (TSXV: ROAR, OTC: LRRIF; formerly King's Bay Resources Corp., renamed July 2022) is restarting exploration at the 100%-owned, past-producing Volney critical-minerals project (142 hectares, surface + mineral rights) in the Black Hills of South Dakota, less than an hour from rail, on private land in a pro-mining US state with an all-season road, on-site power/water, and a previously-used concentrator facility already in place. Volney historically produced lithium, tin and tantalum from 1941-1944. The company has commenced a metallurgical and mineralogical testing program evaluating concentrate grades, mineral recoveries and processing pathways for the lithium-tin-tantalum system, and reports Phase 2 drill planning underway following Phase 1 results that extended tin and tantalum mineralization. Gold is also explored at the property.
Notable vs. Peers
- Financials score of 1.1/10 is weaker than the peer average of 5/10.
Lifecycle Milestones
Not yet determined: tailings facility.
Jurisdiction (40%)9/10
The Volney project is in the Black Hills of South Dakota, a Tier-1 US mining jurisdiction.
Infrastructure (40%)9.3/10
A confirmed mill, confirmed road access, and confirmed grid power at Volney Critical Minerals Project, Black Hills, South Dakota, USA; tailings facility not yet researched, counted at a neutral 5/10 until established.
Nearby producing mine (20%)10/10
Wharf (Coeur Mining, Inc.) is 16 km away -- within shared-mill trucking range.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score:8.4/10
Nearest producing mine: Wharf (Coeur Mining, Inc.), 16 km
10 next to a producing mine, 8 at 20 km, 5 at 50 km, 0 beyond 200 km.
Weight 22.5% · 46% here - Lifecycle stageSub-score:1/10
Stage: Grassroots Exploration
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 31% here - JurisdictionSub-score:9/10
United States: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 14% here - CommoditySub-score:2/10
Primary commodity: Other
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 9% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
President, CEO and Director of Lion Rock Resources Inc. P.Geo. Experienced mining executive and geologist with over 35 years of experience; founded exploration companies and led discovery teams including the Gladiator, Hinge and 007 deposits. Generated approximately 10 million ounces in resources and raised over C$500 million for projects, working with firms including Goldcorp and Harmony Gold.
Executive Chair and Director of Lion Rock Resources Inc. Capital markets specialist with 20+ years maximizing shareholder value in mining, building global investor networks and raising over $500 million for exploration and development companies.
CFO of Xplore Resources Corp.; also Chief Financial Officer of Lion Rock Resources Inc. CPA, CA with extensive experience with publicly listed natural resource companies; Bachelor of Commerce from UBC; CPA since 2008; Chartered Director designation since 2017.
Director of Lion Rock Resources Inc. since May 2025. Co-Founder and Chief Executive Officer of Electric Elements Mining Corp., a privately held precious- and critical-metals explorer spun out of Osisko Development in November 2023. More than a decade of international experience in mergers and acquisitions, corporate finance and capital markets exceeding US$20 billion in aggregate transaction value, having practised corporate law with Norton Rose Fulbright in Montreal and London before investment banking with RBC Capital Markets in London.
Director of Lion Rock Resources Inc. Over 12 years of venture capital markets experience designing market strategies and corporate development in mineral exploration; involved in building and financing successful public companies.
Director of Xplore Resources Corp. and Director of Lion Rock Resources Inc. B.Sc. Geology. Over 40 years of experience in the exploration and mining industries, plus 15 years of mining and infrastructure financing experience with major Canadian and international banks, arranging project financing.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
No smart-money tracking (institutional/large-investor activity) for this miner yet — this is a planned feature, not live data.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Lion Rock Resources, formerly King's Bay Resources, is restarting exploration at the 100%-owned Volney critical-minerals project, 142 hectares of surface and mineral rights in the Black Hills of South Dakota, with an all-season road, power, water and a previously used concentrator on site. Volney produced lithium, tin and tantalum from 1941 to 1944, but those historical production records have not been verified by a qualified person and are not a resource estimate. The company has begun metallurgical and mineralogical testing of concentrate grades, recoveries and processing routes, and is planning Phase 2 drilling after Phase 1 extended the tin and tantalum mineralisation. No resource of any category has been estimated.