Sept 21 (Reuters) - Orecorp Ltd ORR.AX :
* Orecorp enters into jv with Acacia for the Nyanzaga Project
* Entered into jva to earn up to a 51% interest in the Nyanzaga Gold project (Nyanzaga or the project) in the Lake Victoria Goldfields Of Tanzania
* Says consideration comprises US$1 million in an upfront cash payment
* Says the Tanzanian ministry of energy and minerals has confirmed in writing that it will support the joint venture to advance the project
* Says Orecorp may increase to a 51% interest by making cash and royalty payments up to a total of US$15 million
* Source text for Eikon ID:nASX37rHYz