AEX 0.00% 1.1¢ acclaim exploration nl

denny dalton market update

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    ACCLAIM EXPLORATION N.L.
    ABN 99 009 076 233
    09 June 2006
    Companies Announcements Office
    Australian Stock Exchange Limited
    20 Bridge Street
    Sydney NSW 2000
    Denny Dalton – Market Update
    The company is pleased to announce that site works at the Denny Dalton mine site have been completed.
    Representatives from Caracle Creek International Consulting Group, the drilling contractor and Company Director Mr Trevor Gillard attended meetings onsite to discuss the drilling program and have completed the identification of proposed drilling targets.
    It is proposed that the first program will consist of 11 drill holes.
    On completion of the initial program an assessment will be undertaken to carry out a program to establish an extension to the known mineralisation.
    The Company is awaiting advice from the drilling contractor on a date for the commencement of drilling.
    The Company believes the Denny Dalton deposit has immense potential to produce a gold and uranium resource. In addition to the proposed drilling program, the next stage of the project will be to complete a detailed geological map of the area and to gain as complete an understanding as possible to the distribution of the gold and uranium in this ancient fluvial environment.
    Yours faithfully
    Neville J Bassett
    Secretary
    Suite B 150 Hay St Subiaco Western Australia 6008
    Telephone: + 61 8 9388 8436 Facsimile: + 61 8 9388 8450
 
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