Ann: Mt Stirling Central HREE Discovery Confirmed, page-4

Torian Resources Limited (ASX: TNR) (Torian or the Company) is pleased to announce the discovery of “Yttria”, a significant HREE-Y-Co-Sc-Ni-Cr-Pd- Pt enriched broad ~1km occurrence at its Mt Stirling Central project area. Yttrium is a key pathfinder indicator of high value Heavy Rare Earth Elements used in Critical Metals exploration.

Rare earth elements are in high demand because they are critical components (the "vitamins") to many technologies that drive the modern world. However, as the supply of REEs is dominated by China, there is significant geopolitical risk to the supply chain in the west. This has created urgency to discover alternative sources of supply.

The five most critical REEs are Dysprosium (Dy), Terbium (Tb), Europium (Eu), Neodymium (Nd) and Yttrium (Y). These are all present in Yttria mineralisation.