** Shares of Australia's European Metals EMH.AX rise as much as 11.8% to A$0.335, their biggest intraday pct gain since January 12
** The mineral explorer says it has received a regional rezoning approval for its flagship Cinovec lithium project
** The rezoning approval refers to official permission from the regional or local government to change how a specific piece of land is legally allowed to be used
** The approval allows the land to be used for mining, but the project still requires additional permits before operations can begin
** Co's Cinovec lithium project hosts significant hard rock lithium deposit in Czech Republic
** Stock down 12.5% YTD, including session's moves
(Reporting by Aamir Sheik Khalid in Bengaluru)
((Aamir.SheikKhalid@thomsonreuters.com))