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Australia's Auravelle Metals gains on positive gold drilling results from South Australia project

By Reuters News

** Shares of Australia's Auravelle Metals AUV.AX rise as much as 16.6% to A$0.0070, marking their biggest intraday pct gain since October 15

** Diversified miner says aircore drilling extended a more-than-3-km anomalous gold zone at its Nuckulla Hill project in South Australia

** Co says drilling identified multiple targets for follow-up aircore and reverse circulation (RC) drilling

** Adds RC drilling remains on track to begin this quarter

** More than 984,000 shares change hands, about 1.1x the 30-day average

** YTD, stock down 45.8%, including session's moves

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