** Shares of Alderan Resources Ltd  AL8.AX  rise as much as
9.5% to A$0.115
    ** The base metal explorer says it started drilling on the
Black Rock copper/gold target in the Valley-Crossroads Project
in Utah, United States  urn:newsml:reuters.com:*:nASX3bsjcK
    ** Says drilling follows previous geological mapping and
rock chip sampling that showed gold and copper mineralization at
site
    ** Stock posts its biggest intraday pct gain since Dec 30,
2020
    ** Stock price up more than four-fold in 2020

 (Reporting by Soumyajit Saha in Bengaluru)
 ((Soumyajit.Saha@thomsonreuters.com;))