BUZZ-Australia's Avanco hits 2-1/2 month high on mining agreement

Thu Oct 6, 2016 7:44pm EDT
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** Avanco Resources Ltd's shares rise as much as 4.84 pct to a 2-1/2 month high of A$0.065

** Co resumes trading after requesting trading halt on Oct. 5

** The metal miner says it has entered into an agreement with Toronto Stock exchange listed Jaguar Mining Inc

** Agreement to allow Avanco to earn 20 pct of Jaguar's interest in a project in Brazil

** 4.7 mln shares of Avanco change hands, 2.6 times the 30 day average (