** Shares of Taiton Resources rise as much as 3.1% to A$0.165, set for their best intraday gain since Oct. 31 ** Mineral explorer acquires land in New South Wales for A$237,500 ($156,251.25)
** Co says acquired land comprises at least 19 known quartz pipes
** Adds, quartz is used in industries for semiconductors, optics, among others
** Stock is up 77% YTD as of 0206 GMT
($1 = 1.5200 Australian dollars)
(Reporting by Rajasik Mukherjee in Bengaluru) ((Rajasik.Mukherjee@thomsonreuters.com;))
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