• Shares of Kingston Resources rose as much as 46.7% to A$0.135, their highest since June 8, 2022; last up 25%

• Stock set for its strongest session since July 21, 2017, if current trends hold

• Gold and copper miner agrees to sell the Misima Gold Project in Papua New Guinea to Ok Tedi Mining for A$95 million ($61.25 million)

• About 8.2 mln shares change hands, 5.7x the 30-day average of 1.4 mln shares

• Stock up ~62% YTD, including current session's moves

($1 = 1.5511 Australian dollars)
(Reporting by Manasi Dasa in Bengaluru)