** Shares of Taiton Resources T88.AX rise as much as 8.1%
to A$0.200, hitting their highest levels since Aug 18
** Stock last up 6.8%, set to see best day since Aug 18, if
gains hold
** Diversified miner says significant molybdenum identified
through drilling survey at onshore mine in South Australia
** 21,672 shares change hands, compared with the 30-day
average volume of 15,345 shares
** Stock down 17.8% this year, as of last close
(Reporting by Shivangi Lahiri in Bengaluru)
((Shivangi.Lahiri@thomsonreuters.com;))