• Shares of Adelong Gold rise as much as 63.6% to A$0.009, their highest level since June 19

• Stock posts its biggest single-day since January 17, 2023; last up 45.5%

• Gold explorer enters deal to buy a high grade gold project in Victoria from a unit of Canada's Great Pacific Gold Corp

• Deal valued at A$700,000 ($439,670.00)

• About 55.1 mln shares change hands, vs the 30-day average of nearly 937,000

• Stock up 60% this year, including the day's move
($1 = 1.5921 Australian dollars)

(Reporting by Aaditya Govind Rao in Bengaluru)