• Shares of Australia's Hawk Resources rise as much as 13.3% to A$0.034, their highest level since June 2

• Shares mark their biggest intraday pct gain since July 16

• The critical and precious metal explorer reports visible copper mineralisation in five of seven drill holes at its Cactus copper-gold project in Utah, the United States

• Adds some spots have indicated strong potential for gold mineralisation by the presence of highly anomalous silver, arsenic, and antimony

• About 6.6 million shares change hands, 4.1x the 30-day average

• Stock has gained 0.7%, YTD

(Reporting by Subhalakshmi Dey in Bengaluru)