** Shares of Emerald Resources EMR.AX rise 4.6% to A$3.88, their highest level since Dec. 12, 2024

** Stock gained as much as 4.9% earlier in the day, marking its biggest intraday rise since Jan. 16

** Gold explorer reports Stage 2 drilling at Memot Gold Project in Cambodia boosted its gold mineral estimates

** Says its Okvau Gold Mine in Cambodia continues to yield gold mineralisation, with ongoing drilling producing positive results

** Adds, its Dingo Range Gold Project in Western Australia has a new estimated gold mineral resource totalling 1.01 million ounces

** Stock is the seventh biggest percentage gainer in the benchmark ASX 200 index .AXJO

** Stock last year gained ~8%, largely in line with AXJO's 7.5% rise

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com;))