- Torian Resources (TNR) expands the heavy rare earth element (HREE) footprint at its Mt Stirling project in WA
- Recent analysis has identified a 1.3-kilometre strike at the Wishbone prospect and subsequent drilling confirmed it contains nine yttrium anomalies peaking at 296ppm
- Wishbone sits just 2.5 kilometres of the Yttria HREE prospect and assaying and pXRF results indicate the prospects have a combined mineralised strike of 3.6 kilometres by one kilometre which remains open
- Torian is advancing drilling to expand mineralisation and target the one-kilometre strike extension between Yttria and Wishbone
- Company shares have been trading up 3.45 per cent at three cents
Torian Resources (TNR) has made a new rare earths discovery at its Mt Stirling project in Western Australia.
Surface pXRF analysis identified a 1.3-kilometre strike at the Wishbone prospect near the Arktos Fault which sits roughly 2.5 kilometres northwest of the recently announced Yttria clean heavy rare earths element (HREE) prospect.
Subsequently, auger vacuum (AV) drilling confirmed nine discrete yttrium contour anomalies which peaked at 296 parts per million (ppm). The anomalies are likely to range in strike from 140 to 350 metres.
Drilling and pXRF results revealed the Wishbone and Yttria HREE mineralisation have a combined potential strike of 3.6 kilometres by one kilometre which remains open.
The Wishbone-Yttrium discovery effectively expands Torian’s HRE footprint within the Mt Stirling project.
Executive Chairman Paul Summers said while the company remains focused on gold exploration, it’s encouraged by the recent discovery.
“Our gold exploration program at our Mt Stirling Project is due to deliver extra ounces later this month while several months of further exploration and analysis has considerably
increased the board’s enthusiasm and confidence in our REE discovery at Yttria and now Wishbone,” Mr Summers said.
The company is progressing extensional drilling which is continuing to expand mineralisation at the Wishbone prospect. AV drilling is also targeting the one-kilometre strike extension between Yttria and Wishbone.
Torian expects to receive samples within the next three weeks to confirm full spectrum rare earth elements (REEs) and total rare earths and yttrium oxidation (TREYO).
Company shares were up 3.45 per cent to trade at three cents at 1:46 pm AEST.