Australian Gold and Copper rises on identifying new drill target
** Shares of Australian Gold and Copper AGC.AX rise as
much as 10% to A$0.055, their best intraday gain since March 3
** Says it identified a new drilling target prospective for
gold and base metals at its South Cobar project in New South
Wales
** Stock hits highest level since March 8
** As of last close, AGC down 16.7% YTD
(Reporting by Harshita Swaminathan)
((Harshita.Swaminathan@thomsonreuters.com))
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