Lion Rock Resources Surges Past First Technical Target as Breakout Momentum Builds
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Lion Rock Resources (ROAR:TSX; LRRIF:OTC) continues to gather strong investor attention as shares have met and exceeded their first technical price target of CA$0.26, marking a clear breakout from multi-year resistance.

With volume surging and momentum building, the path to the next targets — CA$0.65 and CA$1.50 — is now technically supported and fundamentally reinforced.

Technical Breakout Confirmed

The updated March 24 chart confirms what many close to the story have been anticipating:

• 1st Target (CA$0.26) – Achieved and exceeded
• 2nd Target: CA$0.65 – Next major resistance zone from 2022
• 3rd Target: CA$1.50 – A long-term objective aligned with historical highs

Shares have now broken through multi-year downtrend resistance, supported by strong volume, rising RSI, and a well-formed pattern of higher lows. This is a textbook technical breakout in an emerging junior with real fundamentals behind it.

Fundamentals Strengthen: Option Agreement Closed, Drilling Funded

In parallel with the breakout, Lion Rock has checked off two major milestones that de-risk the story for new and existing investors:

Volney Project Option Agreement Now Official

On March 11, Lion Rock announced the closing of its option agreement with Tinton Partners, giving it the exclusive right to acquire a 100% interest in the Volney Project—a gold, lithium, and tin-rich asset located in the historic Black Hills region of South Dakota.

• 38 private land claims, 142 ha
• Features the Giant Volney pegmatite (historically mined for lithium and tin)
• Adjacent gold-bearing shear zone—source of surface nugget gold found for generations
• Accessible by road, no federal permitting delays

This land package — held in two families for over 150 years — has never been explored with modern technology and is strategically located just 15km from the Homestake Mine, one of North America's richest gold deposits.

 CA$2.16 Million Financing Closed in February

On February 6, Lion Rock closed a CA$2.16M non-brokered financing at CA$0.10, with full 3-year warrants at CA$0.20. Proceeds are being used to:

• Fund its initial exploration program on the Volney Project
• Fulfill obligations under the option agreement
• Advance toward a 5,000m drill program targeting high-grade lithium, gold, and tin zones starting in Q2 2025

The company has also granted 5.7 million incentive stock options to align management, insiders, and consultants with shareholder interests.

Why This Matters Now

Lion Rock Resources is emerging as a compelling U.S.-based critical minerals story at a time when:

• The U.S. is pushing for domestic lithium, tin, and gold production
• Gold is being accumulated by central banks as the U.S. dollar faces pressure from BRICS
• Lithium demand continues to soar as EV and grid storage expand
• Tin is essential to semiconductors and defense tech, yet largely imported

With a tight share structure, strong technicals, fresh capital, and a drill program launching soon, Lion Rock Resources is well-positioned to re-rate significantly in the months ahead.

What's Next for Lion Rock?

•  Drill targets being finalized now for Q2 2025
•  Initial results expected mid-year
•  Potential strategic partnerships with U.S.-aligned mineral developers
•  Technical and news flow catalysts aligned for the next leg higher

Conclusion

With the first technical target exceeded and the project officially secured, Lion Rock Resources is now fully unlocked. Investors should be watching closely as this U.S.-based gold, lithium, and tin explorer moves into an active phase of discovery and market momentum.

For more information, see the company's website here.