** Shares of Australia's Valor Resources Ltd VAL.AX rise
as much as 16.8% to A$0.007, set to mark best day since Oct. 28,
if gains hold
** Stock hits highest since Dec.14
** Uranium explorer says assay results confirm presence of
significant Uranium at co's Surprise Creek Uranium Project,
located in Canada
** Adds drill testing for the project are planned for 2023
** Stock has fallen 57.1% this year, as of last close
(Reporting by Nausheen Thusoo in Bengaluru)
((Nausheen.Thusoo@thomsonreuters.com;))