Australia's Torian Resources sees best day in 4 months on minerals find at WA project

TNR Gold

13/05/2022 03:17

** Shares of gold explorer Torian Resources  TNR.AX  rise as
much as 24.2% to A$0.041
    ** Stock marks best intraday session since Jan 14
    ** Co says https://www.asx.com.au/asxpdf/20220513/pdf/458z2lv8229rqb.pdf
 drilling results at its Mt Stirling project in Western
Australia confirmed extensive presence of critical minerals
including cobalt and scandium
    ** The sheer size and homogenous distribution of scandium
and cobalt at our Yttria prospect is an exciting addition to our
endowment of the five most-in-demand REEs (rare-earth elements)
- Torian 
    ** Nearly 15 mln shares change hands, compared with the
30-day average of about 5 mln shares 
    ** As of last close, TNR up 43.5% this year
    

 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))