• Shares of Australian Gold and Copper rise as much as 7.2% to A$0.113, hitting their highest level since October 28

• Diversified miner reports shallow high-grade gold results from reverse circulation drilling within its Evergreen prospect in New South Wales

• Co says results extend shallow oxide gold mineralisation identified in earlier drilling

• Adds assay results have been received from nine of 21 reverse circulation holes, with results from 12 more holes pending

• More than 340,000 shares change hands, about 2.2x the 30-day average

• YTD, stock down 51.1%

(Reporting by Subhalakshmi Dey in Bengaluru)