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Torian Resources (ASX:TNR) confirms Yttrium at Mt Stirling

ASX News, Materials
ASX:TNR
14 January 2022 12:53 (AEST)

Sampling work at Mt Stirling. Source: Asra Minerals

Torian Resources (TNR) has confirmed Yttrium anomalies for its Mt Stirling Central project area in Western Australia’s Goldfields region.

The company says Yttrium is associated as a key indicator of potential rare earth minerals in critical metals exploration.

As part of the company’s ongoing exploration activities at the project a total of 151 Auger drill holes systematically targeted the Artkos fault and adjacent structures at Wishbone.

The company says reconnaissance fieldwork confirmed the presence of prospective breccias within granites and proterozoic outcrops, where the potential for rare earth minerals structural model was also recognised.

The company also says Yttrium presence was confirmed through portable X-ray fluorescence (pXRF) processing of surface soil points to guide Auger drilling for gold exploration.

Additionally the company says oxide intervals in Auger drilling samples revealed the enrichment of discrete Yttrium anomalies on a broad one kilometre scale.

Auger drilling samples have been sent for multi-element assays with laboratory results anticipated within two weeks.

The company says, if results are positive, it will potentially add a rare earths project to its development plans at Mt Stirling.

Shares were up 27 per cent trading at 2.8 cents at 12.33pm AEDT.

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