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• Shares of Australia's Valiant Gold rise as much as 4% to A$0.26, their biggest intraday pct gain since Oct 6
• Copper explorer updates on its flagship Comet Gold Mine in Western Australia’s Murchison region
• Says first production targeted for H227
• YTD, stock down below 13%
(Reporting by Aamir Sheik Khalid in Bengaluru)