** Shares of Accelerate Resources AX8.AX rise as much as 14.3% to A$0.008, their highest level since October 16
** Explorer finds high-grade gold at Balagundi project in Western Australia
** YTD, stock up 7.1%, including current session's move
(Reporting by Ananya Verma in Bengaluru)
((ananya.verma@thomsonreuters.com;))