** Shares of Manuka Resources rise as much as 16.3% to A$0.050, their highest levels since late-May
** The mineral explorer says its unit's Taranaki VTM Project in New Zealand has been put on the government's "fast-track" list
** Co says the project will harvest iron sands containing iron ore, among others
** Stock posts its biggest intraday pct gain Sept 20
** Over 3.8 mln shares change hands, 4.4x the 30-day avg
** MKR stock down 40.3% YTD, including current session's moves
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com;))
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