** Australian diversified miner EMU gains as much as 7.1% to A$0.030, its highest level since mid-June
** Co says it has identified multiple copper rock formations close to surface at Yataga Copper Project in North Queensland
** Co looking forward to preparing an appropriate drilling program for project once copper formations are confirmed
** Around 1.6 mln shares traded, ~8x the 30-day avg volume
** EMU stock up 1.7% so far this year, as of last close
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com;))
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