April 30, 2015 / 4:28 AM / 3 years ago

BUZZ-Australia's Image Resources jumps to 5-1/2-mth high

** Minerals sands explorer Image Resources NL surges as much as 31.9 pct, to highest since Nov. 14, 2014

** Company signs MOU with mineral sands mining firm Murray Zircon Pty Ltd and its parent Guangdong Orient Zirconic Ind Sci & Tech Co Ltd

** MOU to fast-track development of company’s Boonanarring mineral sands deposit in 2016 followed by Atlas deposit

** About 254,852 shares change hands, almost six times the 30-day average of 43,089 shares

** Shares have risen 13.7 pct this year as of Wednesday’s close (Reuters Messaging: arpitamansukh.vadgama.thomsonreuters.com@reuters.net)

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