Oct 31 (Reuters) - Torian Resources Ltd TNR.AX :
* SECURED AN EXCLUSIVE 6 MONTH OPTION TO ACQUIRE A 90 PERCENT INTEREST IN M24/947 AT MT PLEASANT
* UPON EXERCISE OF OPTION, CO TO ACQUIRE INTEREST FOR $40,000 IN CASH & ISSUE 5 MILLION ORDINARY SHARES AT ISSUE PRICE OF 5 CPS