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Acclaim Exploration NL is an Australia-based company. The Company is engaged in the business of mineral exploration and investment. The Company’s projects include Nacimiento Copper Uranium Project, Mangalisa Project and Denny Dalton Project. The Mangalisa Project is an exploration property located in the Republic of South Africa, and is prospective for gold and uranium. The Mangalisa Project is located in the Free State Province of the Republic of South Africa. The 180 square kilometers license area is situated approximately 20 kilometers to the east of the township of Welkom, and approximately 10 kilometers north of Harmony Golds operating Masimong 5 Shaft. The Company executed a preliminary agreement with Goldcorp Limited to acquire an initial 33% interest, with an option to increase to 50% in the Mangalisa Project.
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