Mr. Dale Ginn reports

LION ROCK DRILLING UPDATE FOR HIGH-GRADE GOLD-LITHIUM PROJECT AT VOLNEY, SOUTH DAKOTA

Lion Rock Resources Inc. has provided an update on its inaugural drill program at Volney in the historic Black Hills mining district of South Dakota, United States. Volney has historically produced high-grade gold, lithium and tin.

Following the completion of a $5.3-million financing in Q3 2025, Lion Rock is well financed to advance its multiphase exploration and drilling program at the Volney project (see Lion Rock news release dated Sept. 15, 2025).

News highlights

• Mineralized and altered shear zones successfully intersected: Drilling has encountered sulphide-bearing shear intervals with associated quartz veining and silicification hosted in altered rocks. Of note, drill core displays similar characteristics to mapping and surface sampling, where grab samples returned up to 14.0 grams per tonne Au (gold) (see Lion Rock news release dated May 28, 2025).
• Spodumene-bearing pegmatite intersected: Spodumene has been identified in multiple pegmatite intercepts in the Giant Volney and Rough & Ready mine areas. Drill hole VOL25-009 intercepted two spodumene-bearing pegmatite zones from 48.3 to 76.9 metres and from 103.5 to 120.3 m. Of note, these pegmatites occur near areas of previous surface sampling that returned up to 3.6 per cent Li2O (lithium oxide) and are consistent with mapped pegmatite system in the Volney target area (see Lion Rock news release dated May 13, 2025).
• Ten drill holes completed -- 2,400 m drilled: The company has completed approximately 2,400 m across 10 drill holes targeting both interpreted gold-bearing horizons and lithium-bearing pegmatites near the historic Giant Volney mine, Rusty mine and Rough & Ready mine areas. Of the holes completed to date, six have targeted lithium-bearing pegmatites and four have targeted gold-bearing structures (Table 1). This represents the first modern drill testing along the Volney trend.
• Assays pending: Core from the completed drill holes is currently being logged and sampled, and shipments to SGS in Denver have begun for analysis. Assay results will be reported as they become available.

Dale Ginn, president and chief executive officer of Lion Rock, stated: "The Volney drill program is proceeding at a strong, steady pace and we are highly encouraged by the geological features observed to date in the drill core. While assays are pending, I can state that we have multiple holes intersecting sulphide mineralization, shearing, veining and strong alteration in the areas we projected, based on high-grade gold mineralization documented at surface.

"Likewise, all six drill holes targeting pegmatites have encountered spodumene-bearing zones, which have the potential to host high-grade lithium. Drilling is ongoing and we look forward to sharing a significant number of assays in the coming weeks."

About the Volney project

The Volney property is a multicommodity project strategically located in South Dakota's Black Hills, a historically rich and active mining region. The Homestake mine in the Black Hills produced more than 40 million ounces of gold, making it one of the most significant gold producers in North American history. The Volney project is home to the Giant Volney pegmatite, a 635-metre-long LCT (lithium-cesium-tantalum) pegmatite which remains untested at depth. The district continues to attract modern exploration efforts, with companies such as Dakota Gold Corp. actively advancing projects within the Black Hills. The project is accessible year-round and consists of private claims with surface and mineral rights, which facilitates rapid permitting and project advancement.

The technical content of this news release has been reviewed and approved by Carl Ginn, PGeo, consultant to the company and a qualified person pursuant to National Instrument 43-101.

About Lion Rock Resources Inc.

Lion Rock Resources is a Canadian mineral exploration company committed to advancing high-grade gold and lithium projects across North America. The company's flagship asset, the Volney project, is located in South Dakota's Black Hills, a mining-friendly jurisdiction surrounded by active gold operations. The company is led by an award-winning team with a proven record of mineral discoveries, project development and financing.

We seek Safe Harbor.