BUZZ-Australia's Firetail Resources rises; raises funds for US gold exploration project** Shares of Firetail Resources FTL.AX rise as much as 9.5% to A$0.092, their highest level since July 28; last up 4.8%
** Copper explorer to raise A$5 million ($3.24 million) via placement at A$0.08 per share
** Placement at a 4.8% discount to the stock's last close
** Co says proceeds to advance maiden drill program at Excelsior gold project, U.S.
** About 875,443 shares traded, 2.6x the 30-day average
** YTD, stock up 11.4%, including current session's move
($1 = 1.5439 Australian dollars)
(Reporting by Ananya Verma in Bengaluru)
((ananya.verma@thomsonreuters.com;))
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