• Shares of Australia's Austral Resources rise as much as 5.1% to A$0.062, marking their biggest intraday pct gain since October 6

• The copper cathode producer says drilling at its Cameron River project in Queensland returned high-grade copper-gold intersections across multiple prospects

• Company says reconnaissance drilling confirmed copper-gold mineralisation across six prospects, most of which remain open at depth and along strike

• Adds that 25 of 32 drill holes returned significant copper intersections, supporting further exploration at the project

• Stock up 7%, YTD, including session's moves

(Reporting by Subhalakshmi Dey in Bengaluru)