Australia's Labyrinth Resources jumps most in near 29 years on gold project acquisition
** Shares of Labyrinth Resources LRL.AX rise as much as 280% to A$0.019, their biggest intraday percentage gain since Oct 12, 1995
** Stock hits its highest level since Jan 31, 2023
** The gold explorer says it will buy Vivien Gold Project in Western Australia
** Says it also secured the option to buy remaining 49% stake in Comet Vale Project in Western Australia for A$3 mln ($2.02 mln)
** About 21.8 mln shares change hands, compared with the 30-day average volume of around 718,000
** Stock swings to YTD gains, last up 128.6% including session's moves
($1 = 1.4839 Australian dollars)
Reporting by Aaditya Govind Rao in Bengaluru
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