** Shares of Australia's Pacgold PGO.AX rise as much as
21.6% to A$0.225, posting their biggest intraday percentage gain
since Sept. 8, 2022
** Stock hits its highest level since Nov. 9
** Gold explorer reports positive sampling results from its
Alice River Gold Project in Queensland, Australia
** Says sampling has confirmed new high-grade gold
mineralization at project
** About 262,629 shares change hands, compared with the
30-day average volume of 83,007
** Stock down 48.6% YTD as of last close
(Reporting by Aaditya Govind Rao in Bengaluru)
((Aaditya.govindrao@thomsonreuters.com;))