** Shares of Cooper Metals CPM.AX rise as much as 139.3%
to A$0.335, their highest intraday percentage gain
** Stock hits highest level since May 18
** The mineral explorer says it sees positive results from
drilling at its Mt Isa East Cu-Au project in Queensland
** Says initial drilling has found the best copper intercept
to date at project
** Adds drill intercept is the strongest mineralised
intercept drilled by co in two years
** More than 7.4 mln shares change hands, compared with the
30-day average volume of 81,412
** Cooper Metals stock up 8.5% YTD
(Reporting by Aaditya Govind Rao in Bengaluru)
((Aaditya.govindrao@thomsonreuters.com;))