** True North Copper TNC.AX rises as much as 5.8% to A$0.32; marks biggest intraday pct gain since February 25
** Copper explorer gets Queensland Government Collaborative Exploration Initiative Grant of ~A$250,000 ($175,425)
** Funds to accelerate co's geophysical surveying at its Mt Oxide Copper Project
** Nearly 500,948 shares traded, 1.1x the 30-day average
** YTD, TNC down 33.7%
($1 = A$1.4251)
(Reporting by Roshan Thomas in Bengaluru)
((Roshan.Thomas@thomsonreuters.com;))
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