** Shares of gold explorer Emmerson Resources Ltd ERM.AX
rise as much as 22.5% to A$0.087, their highest since March 24
** Co says drilling at its Black Snake and Susan gold
prospects in Tennant Creek, Northern Territory of Australia,
revealed high-grade gold results urn:newsml:reuters.com:*:nASX2VY8hN
** Stock posts biggest intraday percentage gain since March
24
** Over 3 mln shares change hands vs 30-day average volume
of ~400,000
** Stock down 10.1% YTD, as of last close
(Reporting by Arundhati Dutta in Bengaluru)
((Arundhati.Dutta@thomsonreuters.com;))