Major gold find near Spearfish, South Dakota reported
SIOUX FALLS, S.D. (KELO)– A high-grade gold discovery has been reported near Spearfish, SD.
The results come from Lion Rock Resource's gold assay results from its recent surface sampling program at the Volney Project, South Dakota.
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Lion Rock Resources is a Canadian-based mineral exploration firm focused on high-grade gold and lithium projects across North America. They acquired the Volney Project on October 7, 2024.
The results include 189.5 grams per ton of from float material and 14.0 grams per ton from bedrock, which are among the highest grades reported in the region in recent years.
The Volney Project covers roughly 351 acres of private land, with Lion Rock Resources holding both surface and mineral rights, enabling them to execute the rapid drill program and accelerated permitting from exploration through production.
According to the report, the sampling confirms the presence of multiple distinct gold target zones and strong potential for further discoveries across underexplored areas of the property. It's located roughly 12 miles southwest of Spearfish.
Sampling at the Volney Project target outlined a 260 m shear trend open along strike, where a total of 20 bedrock samples returned values over 0.5 gram per ton of gold.
41 float samples exceeded 1.0 gram per ton, with seven samples topping 10 grams per ton. These high-grade finds were typically associated with quartz veins and sheared greenstone units, both known hosts for gold in the Black Hills.
The Volney property is a multi-commodity project strategically located in South Dakota's Black Hills, a historically rich and active mining region. The Black Hills have produced over 62 million ounces of gold, including from the prolific Homestake Mine, one of the most significant gold producers in North American history.
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