BUZZ-Australia's Adelong Gold hits more than 3-month high on stake sale in project

** Adelong Gold ADG.AX jumps as much as 33.3% to A$0.006, its highest since July 16 ** Gold explorer will sell up to 51% stake in Adelong Gold Project in New South Wales to miner Great Divide Mining GDM.AX ** Says GDM will supply mining equipment to help restart the gold plant and will increase stake in the project if gold production begins within 12 months ** Co did not disclose the agreement amount for the stake sale ** Stock posts biggest intraday pct gain since Aug. 6 ** Around 8.7 mln shares traded, 4.3x the 30-day avg ** ADG up 10% YTD ($1 = A$1.5049) (Reporting by Kumar Tanishk in Bengaluru) (([email protected];))