** Shares of Sipa Resources SRI.AX soar 18.2% to A$0.013, their biggest intraday percentage gain since December 23
** Stock hits its highest level since February 4
** Gold explorer says it has begun on-ground exploration at its Tunkillia North and Nuckulla Hill Projects in South Australia
** About 1.8 mln shares change hands, vs the 30-day average of around 645,000
** Stock up 8.3% this year, including the day's move
(Reporting by Aaditya Govind Rao in Bengaluru)
((Aaditya.govindrao@thomsonreuters.com;))
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