** Shares of gold explorer MEK.AX jump as much as 19.1% to
A$0.050, their highest since Nov. 26
** Says drilling from co's Circle Valley project in Western
Australia returns gold urn:newsml:reuters.com:*:nASX7yKXbK
** Adds further results will help provide more information
on the broader project to guide the next phase of exploration
** Stock posts its biggest intra-day percentage gain since
Jan. 31
** More than 3 mln shares have changed hands, compared with
the 30-day average of about 1 mln shares
** MEK up ~2.4% YTD as of last close
(Reporting by Upasana Singh in Bengaluru)
((Upasana.Singh@thomsonreuters.com))