Australia's True North Copper rises on government grant
** True North Copper TNC.AX rises as much as 5.8% to A$0.32; marks biggest intraday pct gain since February 25 ** Copper explorer gets Queensland Government Collaborative Exploration Initiative Grant of ~A$250,000 ($175,425) ** Funds to accelerate co's geophysical surveying at its Mt Oxide Copper Project ** Nearly 500,948 shares traded, 1.1x the 30-day average ** YTD, TNC down 33.7% ($1 = A$1.4251) (Reporting by Roshan Thomas in Bengaluru) ((Roshan.Thomas@thomsonreuters.com;))