** Shares of Australian Gold And Copper Ltd AGC.AX rise as
much as 25% to A$0.065, their highest since Jan 27
** The miner discovers historic gold mines at co's South
Cobar project in New South Wales
** Sampling of rock chips from the mines returned high-grade
gold
** Co shares set for best day since Feb 8, if gains hold
** About 2.4 mln shares change hand, compared with 30-day
average trading volume of 130,423 shares
** Co stock down 13.3% YTD, as of last close
(Reporting by John Biju in Bengaluru)
((John.Biju@thomsonreuters.com;))