Lion Rock Adds Tantalum and Gold Mining Veteran Terry Lyons to Board

(TSXV: ROAR) (OTCQB: LRRIF) (FSE: KGB) Lion Rock Resources Inc. has appointed Terrence (Terry) Lyons, ICD.D, to its Board of Directors as an independent director. Mr. Lyons is a former Managing Partner of Brookfield Asset Management and brings nearly five decades of experience in financing, managing, and restructuring companies in natural resources, manufacturing, real estate, and merchant banking. In 2007, Mr. Lyons received the Inco Medal from the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) for meritorious contributions to the mining industry. His board experience includes roles on both the critical minerals and gold sides of Volney, Lion Rock's project in South Dakota's Black Hills. He was Chair of Pacific Wildcat Resources Corp., a tantalum and rare earth mining company, and Chair of Northgate Minerals Corp. (now part of Alamos Gold), as well as Vice-Chair of Battle Mountain Gold Company (acquired by Newmont). Nav Dhaliwal, Executive Chairman, stated that Mr. Lyons' appointment strengthens the Lion Rock team and brings direct experience in a mineral at the core of Volney. Mr. Lyons joined Versatile Corporation in 1976, became Senior Vice-President in 1986, and presided over its restructuring; the company is now B.C. Pacific Capital Corporation, wholly owned by Brookfield. He spent 17 years with the firm, including as Managing Partner responsible for merchant banking and restructuring in the natural resource sector, retiring in 2004 and remaining a consultant until 2014. Mr. Lyons currently serves on the boards of Canaccord Genuity Group Inc. (Chair of the Audit and Risk Committees), Martinrea International Inc. (Chair of the Audit Committee), and Badlands Resources Inc., and is Chair of Waterotor Technologies Inc. His past board roles include Chair of Polaris Materials Corp. (now part of Vulcan Materials), Northgate Minerals Corp. (now part of Alamos Gold), Pacific Wildcat Resources Corp., EACOM Timber Corp. (now part of Interfor), Three Valley Copper Corp., Westmin Resources Ltd., and Vice-Chair of Battle Mountain Gold Company (acquired by Newmont). Mr. Lyons is a former Chair of the Mining Association of British Columbia, a former Governor and Executive Committee member of the Business Council of British Columbia, a Governor and former Co-Chair of the Business Laureates of BC Hall of Fame, and a member of the Institute of Corporate Directors. He holds a Bachelor of Applied Science in Civil Engineering from the University of British Columbia and an MBA from Western University's Richard Ivey School of Business, where he is a Member Emeritus of the Advisory Board. Lion Rock Resources also announces that Dominic Verdejo has resigned as a director. The Board thanked Mr. Verdejo for his contributions and wished him success. Lion Rock Resources Inc. is advancing the lithium-tin-tantalum project of Volney, South Dakota, a past-producing critical minerals asset that also hosts a recently made gold discovery. The Volney property is located in a mining-friendly jurisdiction, surrounded by active gold operations, is accessible via an all-season road, has on-site power and water, and is less than one hour's drive from the US rail network. The company is led by an award-winning team with a proven track record of mineral discoveries, project development, and financing. R. Dale Ginn is President & Chief Executive Officer.

Lion Rock Receives State and County Permits for Pegmatite Extraction & Bulk Sampling

(TSXV: ROAR) (OTCQB: LRRIF) (FSE: KGB) Lion Rock Resources Inc. announced that its Volney Tantalum, Tin, Lithium and Gold Project, located in the Black Hills of South Dakota, USA, is now fully permitted for pegmatite mining and bulk sampling. The company received its state mining license from the South Dakota Department of Agriculture and Natural Resources (DANR), authorizing extraction and sale of pegmatite, which hosts high-grade tantalum, tin, and lithium mineralization. This license, combined with the previously approved Lawrence County Conditional Use Permit, completes all permitting required for mining and bulk sampling of pegmatite within the approved area at Volney. Previous exploration at Volney identified significant tantalum, tin, and lithium mineralization, with a history of high-grade concentrate production, including tantalite concentrates grading up to 57% Ta₂O₅, tin concentrates up to 62.5% Sn, and spodumene concentrates up to 6.3% Li₂O. Recent drilling by Lion Rock returned tantalum intercepts of up to 3,715 ppm Ta₂O₅ over 1.0 m, within 848 ppm Ta₂O₅ over 5.6 m, and 788 ppm Ta₂O₅ over 5.9 m, with all holes targeting critical minerals intersecting mineralization. The company is advancing modern metallurgical studies and is targeting a bulk sampling program in 2027 to support metallurgical testing, process development, and evaluation of potential production scenarios. Lion Rock is also evaluating small-scale mining and processing scenarios that could generate revenue from critical mineral concentrates and offset future exploration expenditures. The planned Phase 2 exploration program is expected to include definition and expansion drilling focused on further evaluating Volney's tantalum, tin, and lithium potential. No production decision has been made, and any future production remains subject to further technical and economic evaluation, market conditions, and regulatory requirements. The technical content of the news release was reviewed and approved by Carl Ginn, P.Geo., consultant of the company and a Qualified Person under NI 43-101. R. Dale Ginn is President & Chief Executive Officer of Lion Rock Resources Inc.

Lion Rock Appoints Retired US Air Force Colonel Leon Ray and Growth Executive James Winborn as Strategic Advisors

(TSXV:ROAR) (OTCQB:LRRIF) (FSE:KGB) Lion Rock Resources Inc. has appointed Colonel Leon Ray (United States Air Force, Retired) as a Strategic Advisor to the Company. Colonel Ray brings over 30 years of US Air Force leadership, including service as an Executive Officer at the Pentagon and experience working with Congress on military initiatives. He will advise Lion Rock on government and military procurement and engagement as the Company advances its Volney Critical Minerals and Gold Project in South Dakota's Black Hills. The Volney project historically produced critical minerals for the US war effort in the 1940s, including lithium concentrate under contract with the US government, and has also produced tin and tantalum. Tantalum, tin, and lithium are currently designated as critical minerals by the US government, and the US has not mined tantalum since 1959. Lion Rock recently received Conditional Use Permit approval from Lawrence County, South Dakota, for mining and bulk sampling at Volney, and the state mining license application is advancing alongside planning for Phase 2 exploration. Colonel Ray served in the United States Air Force from 1974 to 2005, rising from Airman Basic to Colonel, with his promotion confirmed by the US Senate in 2001. His career included service during Operation Desert Shield and Operation Desert Storm, and he was at the Pentagon on September 11, 2001, participating in strategic response planning. Since retiring, Colonel Ray has worked in real estate in Arizona, focusing on assisting veterans and working with community leaders and government officials on community projects and zoning matters. Lion Rock has also appointed James Winborn as a Strategic Advisor. Mr. Winborn is a strategic growth executive with over 15 years of leadership experience in organizational turnarounds, revenue growth, and financial sustainability across multi-million-dollar organizations. Since 2012, he has led national sports associations in North America as Executive Director, overseeing strategy, operations, and finance, and has achieved financial turnarounds, membership and revenue growth, and modernized event infrastructure. Earlier, he held brand development and marketing roles at Red Bull, specializing in audience growth strategy, sponsorship activation, and brand positioning. Mr. Winborn will advise Lion Rock on corporate growth strategy and brand positioning. The Volney project is a lithium-tin-tantalum asset with a recent gold discovery, located in a mining-friendly jurisdiction, surrounded by active gold operations, accessible by all-season road, with on-site power and water, and less than one hour from the US rail network. The Company is led by an award-winning team with a track record in mineral discoveries, project development, and financing. R. Dale Ginn is President & Chief Executive Officer.

Lion Rock Extends Tin and Tantalum Mineralization at Volney as Phase 2 Drill Planning Begins

(TSXV: ROAR) (OTCQB: LRRIF) Lion Rock Resources Inc. has completed a property-wide surface exploration program at the Volney Critical Minerals and Gold Project in South Dakota's Black Hills. Mapping and sampling identified visible tin and tantalum mineralization up to approximately 300 metres beyond previously reported mineralization, including coarse tantalite crystals up to approximately 10 centimetres at the Volney Lower Pit. Over 100 samples have been submitted for assay, with approximately 60 testing gold targets and 48 testing tin and tantalum targets. Updated geological mapping has differentiated the pegmatites hosting lithium, tin and tantalum, allowing Phase 2 drilling to be aimed at the most prospective pegmatites for each commodity. The program covered the full Volney property, extending mapping well beyond the area tested by Phase 1 drilling. The results are being incorporated into the Company's geological model to guide Phase 2 drill targeting. The company is now planning an aggressive Phase 2 drill program while advancing metallurgical and processing studies, and progressing key permitting initiatives, including the State Mine License.

Lion Rock Resources to Connect with Perspective Offtake and Capital Partners at Flagship Critical Minerals Conference

(TSXV: ROAR, OTCQB: LRRIF) Lion Rock Resources Inc. announced that Executive Chairman Nav Dhaliwal and members of the Company's geological team will attend the Fastmarkets Global Lithium, Battery and Critical Materials Conference in Las Vegas, Nevada from June 22 to 25, 2026. The Fastmarkets conference brings together more than 1,250 senior executives from over 600 companies across 40 countries. The Company will use the event to position the Volney Critical Minerals and Gold Project as a credible, US-based source of supply for lithium, tin, and tantalum. Lion Rock Resources recently received approval of a Conditional Use Permit by Lawrence County, South Dakota, for pegmatite mining at the Volney Project. The Volney Project is described as one of the few US-based, hard-rock critical minerals projects with a clear path to production. Volney is a past-producing critical minerals asset which additionally hosts a recently made gold discovery. The property is less than one hour's drive from the US rail network and is easily accessible via an all-season road with on-site power.

Lion Rock Receives Conditional Use Mining Permit for Volney Critical Minerals Project, South Dakota

(TSXV:ROAR) Lion Rock Resources Inc. announced that it has received Conditional Use Permit (CUP) approval from Lawrence County, South Dakota for mining and bulk sampling at its past-producing Volney Critical Minerals and Gold Project in the Black Hills of South Dakota, USA. The CUP grants local approval for mining pegmatite on the property, and the company is now in the process of applying for a state mining license that would authorize mining and offtake of lithium, tin, and tantalum bearing pegmatite at Volney. Volney has a documented production history, historically producing spodumene concentrate of up to 6.3% Li₂O, tin concentrate of up to 62.5% Sn, and tantalite concentrate of up to 57% Ta₂O₅. Metallurgical and mineralogical testing is underway to evaluate concentrate grades and recoveries for spodumene (lithium), cassiterite (tin), and tantalum bearing minerals. The property is easily accessible via an all-season road, has on-site power, and is less than one hour's drive from the US rail network. The company projects potential for multiple prospective commercialization pathways, including onsite production of lithium, tin, and tantalum concentrate and direct shipping of ore, and an expedited timeline from permitting to production. Volney is a past-producing asset with a concentrator and infrastructure already in place.

Lion Rock Commences Metallurgical Testing at Past-Producing Volney Critical Minerals Project, South Dakota

(TSXV: ROAR) Lion Rock Resources Inc. has commenced a metallurgical and mineralogical testing program at the past-producing Volney critical minerals and gold project in the Black Hills of South Dakota, USA. The program will evaluate concentrate grades, mineral recoveries, and processing pathways for the lithium, tin, and tantalum system at Volney. Large bulk samples (< 200 kg each) will be collected from exposed pegmatite surfaces across the Volney Project. Volney has historically produced spodumene concentrate of up to 6.3% Li₂O, tin concentrate of up to 62.5% Sn, and tantalite concentrate of up to 57% Ta₂O₅. The property covers 142 hectares and benefits from significant infrastructure, including an all-season road, on-site power and water, and a previously used concentrator facility. The company is conducting metallurgical testing earlier than typical for an exploration-stage project due to the nature of mineralization and existing infrastructure. The company projects that the data generated will enable evaluation of a range of potential processing pathways, including on-site concentration, off-site concentration, and direct shipping of material to end users.

Lion Rock Expands Critical Minerals Strike; Continues 100% Drill Hit Rate at Volney, South Dakota

Lion Rock Resources Inc. (TSXV: ROAR, OTCQB: LRRIF) announced the remaining results of its 15-hole, Phase One drill program at the Volney Project in South Dakota. The final six holes expanded the critical minerals strike to 300 m long, up to 100 m wide, and 150 m deep, with high-grade lithium, tin, and tantalum mineralization confirmed. Notable intercepts include 2.3% Li2O over 5.7 m, 788 ppm Ta₂O₅ over 5.89 m, and 0.3% Sn over 3.0 m. The mineralized system remains open in all directions, and planning for an expanded Phase Two drill program is underway. The project benefits from existing infrastructure and is positioned to supply critical minerals to the United States.