Brilliant Mining fka BLT

[fasttrack5]

Maybe waking up?

bmc (CDN) as of 19 Jul 2007 at 11:29 AM EST


Last Price: 2.30 CAD
Market: CA
Change: +0.08
Last Traded: 19 Jul 2007 at 11:28 AM EST.
Tick:
Bid / Size: 2.27 / 50
Ask / Size: 2.30 / 5
Open: 2.24
Previous Close: 2.22
Annual Dividend: 0
Ex Dividend Date: N/A
Earnings: 0.00
Yield: 0.00%
P / E Ratio: 0.00
Beta: 1.14
Shares Out (Thousand): 60,919

Volume: 169,500
Average Volume: 127,889
Day High / Low: 2.31 / 2.21
52-Week High / Low: 2.90 / 0.58

[fasttrack5]

News

Brilliant Mining Corp.: June 2007 Quarterly Nickel Ore Deliveries

CCNMATTHEWS

Brilliant Mining Corp.

July 17, 2007 - 09:01:41 AM

Brilliant Mining Corp.: June 2007 Quarterly Nickel Ore Deliveries


VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 17, 2007) - Brilliant Mining
Corp. (TSX VENTURE:BMC) ("Brilliant" or the "Company") today reported the
nickel ore deliveries for the quarter ending June 30, 2007 ("June 2007
Quarter") from its 25% owned Lanfranchi Nickel Mine, located in the world
class Kambalda Nickel District of Western Australia.

Lanfranchi Mine Key Point Summary (i):

- 57,558 tonnes of ore delivered in last quarter represents a 12% increase
from previous quarter

- Significant ramp-up in production at the Lanfranchi Nickel Mine targeted
through the next two years

- 8,000 tonnes (17.6 million lbs) Ni metal production projected for
July07-June08

- 13,250 tonnes (29.2 million lbs) Ni metal production target for
July08-June09

Consistent production has been achieved from the Helmut South orebody over the
last three quarterly periods. Ore deliveries reported for the June 2007
Quarter were 57,558 dry metric tonnes at an average grade of 2.22% Ni for
1,278 tonnes (2.8 million lbs) of contained Ni metal. Compared to the previous
quarter this represents an increase of 12.0% in ore tonnes and an increase of
10.7% in nickel metal tonnes delivered to the Concentrator in Kambalda.



Table 1 - Lanfranchi Mine Ore Deliveries Quarterly Summary - 100% Basis (i)
--------------------------------------------------------------------------
3 months 3 months 3 months
ending ending ending
Details Units 30 Jun 2007 31 Mar 2007 31 Dec 2006
--------------------------------------------------------------------------
Ore delivered DMT 57,558 52,082 61,631
--------------------------------------------------------------------------
Ni grade % 2.22% 2.21 2.39
--------------------------------------------------------------------------
Ni metal T 1,278 1,150 1,473
----------------------------------------------------
Contained Lbs 2,817,000 2,535,000 3,247,000
--------------------------------------------------------------------------
Cu grade % 0.19 0.19 0.20
--------------------------------------------------------------------------
(i) 25% of the reported ore deliveries or production is attributable to
Brilliant Mining Corp.
(ii) DMT equals dry metric tonnes, T equals tonnes, Lbs equals pounds



The continued strategy at the Lanfranchi Mine will be to focus on capital
development in the near term to maximize production and revenues in the long
term. Currently, two out of three mine crews are committed to the capital
development of the Lanfranchi orebody, Winner orebody and Deacon Resource. The
incorporation of these new sources of material into the active mine plan will
have a dramatic impact on the production profile with nickel metal production
projected to double over the next three quarters from current levels.

Production Forecast 2007/08 (i)

The preliminary production forecast for the high-grade Lanfranchi Nickel Mine
is 8,000 tonnes (17.6 million lbs) contained Ni metal in 2007/08 (12 months
ending June 08) based on approximately 300,000 tonnes of ore deliveries at
2.65% Ni. This forecast represents a 50% increase on the 2006/07 (12 months
ending June 07) actual ore deliveries from the Lanfranchi Mine of 5,189 tonnes
of Ni metal.

The main factors contributing to the significant ramp-up in production are:

- Ore from Winner(1) with a reserve grading 4.28% Ni scheduled for October
2007; and

- Ore from Deacon(2) with an indicated resource grading 3.09% scheduled for
first development ore production November 2007 and first longhole stope ore
production March 2008.

Production Target 2008/09 (i)

Based on the previously delineated resource and reserve inventory, the recent
exploration success at Lanfranchi and Deacon, and the continued investment in
plant and infrastructure the Lanfranchi Nickel Mine's potential production
target for the 2008/09 (12 months ending June 09) operating year is
approximately 13,250 tonnes (29.2 million lbs) contained Ni metal. This
forecast represents a 150% increase on the 2006/07 (12 months ending June 07)
actual ore deliveries. This rate of production is achievable provided the
ramp-up at Deacon(2) and Winner progresses on schedule.

(1) See Company press release dated April 4, 2006 for details.

(2) See Company press release dated April 16, 2006 for details. Production of
the Deacon Resource is contingent upon a positive feasibility study and
subject to a development decision by the Lanfranchi Joint Venture.

Brilliant Mining Corp. owns a 25% interest in the Lanfranchi Joint Venture
("Lanfranchi JV"), which owns the Lanfranchi Nickel Mine together with
associated infrastructure, mining leases and mineral claims. The remaining 75%
interest in the Lanfranchi JV is held by Sally Malay Mining Limited.

The project is supervised by John Williamson, PGeol, of Edmonton, Alberta. Mr.
Williamson, CEO and a Director of Brilliant Mining, is the qualified person as
defined in National Instrument 43-101.

About Brilliant Mining

Brilliant Mining Corp. (TSX VENTURE:BMC) is focused on the production,
development and exploration of nickel opportunities world wide. The Company
currently has a 25% interest in the producing Lanfranchi Nickel Mine in
Western Australia and has 3 active nickel projects in Canada, including the
Michikamau property in central Labrador.

On behalf of the Board of Directors

Mike Sieb, B.Sc., MBA, President

Brilliant Mining Corp.

R.J.

[fringe_remnant]

Red Flag Day for BMC -e-

[Tackler]

Brilliant Commences Drilling at Michikamau Ni-Cu-Co-PGE Project: Labrador, Canada

Vancouver, B.C. – Brilliant Mining Corp (BMC: TSXV) (“Brilliant” or the “Company”) today announced that drilling has commenced at the Michikamau Nickel-Copper-Cobalt-Platinum Group Elements (Ni-Cu-Co-PGE) Project located in Central Labrador, Canada. (See Brilliant Mining news release on June 25, 2007). This year’s program is designed to follow-up on the highly encouraging 2006 exploration program.

Key Point Summary:

1,500 m diamond drilling program is underway for 2007
Drill test the nickel enriched Sword Far North surface discovery identified at the end of last season
2007 target selection based on new 100 line kilometre ground geophysics’ survey
The 2007 exploration program, combining both ground geophysics and drilling, is currently underway. The 1,500 metre diamond drill program is initially testing the Sword Far North area of the Michikamau Property where 5 grab samples averaging 1.14% Ni, 0.67% Cu and 0.194% Co were collected in 2006 (See Brilliant Mining news release on Aug 30, 2006). This year’s targets have been refined and selected, based on this year’s 100 line kilometre ground magnetic and electromagnetic geophysical program.

The 2007 program will focus on the Juno and Sword geophysical anomaly trends with special emphasis on expanding the observed nickel enrichment within the system as outlined by the 2006 Sword Far North surface discovery.

Michikamau Property

The Michikamau Property (“Property”) covers 488.25km2 within the Michikamau layered gabbro-anorthosite (troctolite) intrusion. This intrusion is considered to be highly favourable for hosting Ni-Cu-Co-PGE mineralization and represents a conceptual and empirical exploration target for Voisey’s Bay type mineralization. Twenty-seven (27) high to medium conductors have been identified on the Property, hosted in troctolite within the interpreted throat “feeder” zone. The Property is located close to existing infrastructure, including the Churchill Falls hydroelectric facility.

The project is supervised by Rob Carpenter, Ph.D., P.Geo., Director of Brilliant. Dr. Carpenter is the qualified person as defined in National Instrument 43-101.

About Brilliant Mining Corp.

Brilliant Mining Corp. is focused on the production, development and exploration of nickel opportunities world wide. The Company currently has a 25% interest in the producing Lanfranchi Nickel Mine in Western Australia and has three active nickel projects in Canada, including the Michikamau property in central Labrador.

On behalf of the Board of Directors

“Mike Sieb”
Mike Sieb, B.Sc., MBA
President
Brilliant Mining Corp.

For further information about Brilliant Mining Corp., or this news release, please visit our website at http://www.brilliantmining.com, or contact:

Mike Sieb
President
604-646-4525
[e-mail]

Derek Iwanaka
Investor Relations
604-646-4524
[e-mail]

[Tackler]

Maybe a few waking up to this news...

11:22:29 V 2.24 +0.10 100,000 4 Versant 4 Versant K

[fasttrack5]

News


Brilliant Mining Corp.: Drilling Validates Tramways Dome Theory; 3.4% Ni Over 1 Metre Intersection on Upper Contact Tramways Tenements, Kambalda, Western Australia

CCNMATTHEWS

Brilliant Mining Corp.

July 10, 2007 - 09:01:04 AM

Brilliant Mining Corp.: Drilling Validates Tramways Dome Theory; 3.4% Ni Over
1 Metre Intersection on Upper Contact Tramways Tenements, Kambalda, Western
Australia


VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 10, 2007) - Brilliant Mining
Corp. (TSX VENTURE:BMC) ("Brilliant") today announced that five out of five
drill holes from the current program have intersected the overturned contact
that is associated with the known nickel sulphide channels within the Tramways
Tenements, Kambalda, Western Australia. This validation of the 'Overturned
Tramways Dome Model' effectively doubles the prospective area which is host to
the nickel sulphide mineralization on the property. In addition, one hole,
TD8030, intersected 3.4% Ni over 1 metre on the upper contact of the Dome in a
previously untested area.

Key Points:

- 5 out of 5 new holes intersect overturned contact associated with Ni
channels

- Discovery doubles prospective area of the property to host Ni channels

- 3.4% Ni over 1 metre intersected on upper contact of dome

- Down hole geophysics survey underway on all holes to detect Ni sulphide
conductors

Current Program

The current drill program consists of five holes, on an east-west fence
pattern at 200m drill centers, targeting the inferred overturned ultramafic
komatiite / mafic basalt contact ("contact"). The first five holes have
successfully intersected the overturned contact (see Figure 1 to view drill
hole plan map).

"In the Kambalda Region, the ultramafic Komatiite / mafic Lunnon basalt
contact is associated with the vast majority of the known Ni sulphide
deposits. Therefore, the identification that this target horizon is repeated
as an overturned limb of a fold effectively doubles the economic potential for
the Property," states John Williamson, CEO of Brilliant Mining.

Hole TD8030 collared in ultramafic and intersected 1m grading 3.4% Ni on the
upper contact. The presence of nickel mineralization proximal to the hinge of
the overturned fold highlights the potential for the continuity of
mineralization on the overturned contact of the Tramways Dome (see Figure 2 to
view a Cross Section of the Overturned Dome).

Since the 1960's more than 1 million tonnes of nickel metal (35 million tonnes
of ore at 3% Ni) have been produced from over 30 mines in the Kambalda Nickel
District. The bulk of this production was sourced from various operators
collectively mining the nickel channels immediately surrounding the Kambalda
Dome. The vast majority of the nickel channels mined at Kambalda is associated
with one stratigraphic contact (i.e. the ultramafic Komatiite / mafic Lunnon
basalt contact). Recent drilling has identified that the same stratigraphic
contact as observed at Kambalda is repeated as an overturned dome at the
Tramways Property. This updated 'Tramways Dome' model dramatically increases
the prospective area to host nickel channels within the property boundary. A
budgeted AUD$2 million surface exploration program is underway to target this
highly prospective and previously untested north flank of the Tramways Dome.

The current and future surface exploration drill programs will focus on the
continuation of the known Ni sulphide channels as projected on the overturned
north limb of the Tramways Dome. These Ni sulphide channels are blind deposits
(i.e. not exposed at surface) and rely on down-hole geophysics as the primary
tool for discovery.

Down-hole geophysics will be performed on all the pertinent current and
historic holes to determine the presence of near-hole conductors. Drilling is
planned to recommence on the highly prospective overturned contact once the
geophysical survey has been completed and the results are compiled.



Table 1: Drill Hole Summary - Current Drill Program
---------------------------------------------------------
Overturned
Hole Easting Northing Az Dip Contact (m)
---------------------------------------------------------
TD8030(i) 391000 516030 0 -60 366.0
---------------------------------------------------------
TD8031 390800 516050 0 -60 247.4
---------------------------------------------------------
TD8032 391200 516060 0 -70 237.7
---------------------------------------------------------
TD8033 391400 515900 0 -60 259.5
---------------------------------------------------------
TD8034 390600 516100 0 -60 450.0
---------------------------------------------------------
(i) 79-80m a 1m intersection grading 3.4% Ni was observed



Updated plan maps, drill hole locations and the Tramways Dome geological model
can be viewed below or on our website at www.brilliantmining.com.

Previous Programs

A small RC-diamond drilling program was completed in mid-2005 on the margin of
the Tramways Thrust revealing that in the vicinity of the thrust the
prospective Kambalda Komatiite / Lunnon Basalt contact is overturned (as
intersected in TD8006). This observation highlighted the potential for nickel
mineralization beneath the basalt in this area and has lead to a continuing
exploration focus in this region of the property. A follow-up drill program,
undertaken in January 2007, in addition to testing several EM anomalies,
tested the stratigraphy on-strike from TD8006. The stratigraphic drilling
confirmed the results from TD8006 with the intersection of the overturned
ultramafic beneath the Lunnon Basalt. The drilling program also facilitated
better delineation of the overturned UM/M contact surface.



Table 2: Drill Hole Summary - Previous Drilling
---------------------------------------------------------------------
Overturned
Hole Year Easting Northing Az Dip Contact (m)
---------------------------------------------------------------------
TD8006 2005 390900 516150 0 -90 300
---------------------------------------------------------------------
TD8023 Jan 07 390700 516157 0 -90 ended in basalt
---------------------------------------------------------------------
TD8024 Jan 07 391100 516165 0 -90 321
---------------------------------------------------------------------
TD8026 Jan 07 391300 516150 0 -90 141
---------------------------------------------------------------------



The project is supervised by John Williamson, PGeol, of Edmonton, Alberta, CEO
and a Director of Brilliant, and is the qualified person as defined in
National Instrument 43-101.

About Brilliant Mining

Brilliant Mining Corp. (TSX VENTURE:BMC) is focused on the production,
development and exploration of nickel opportunities world wide. The Company
currently has a 25% interest in the producing Lanfranchi Nickel Mine in
Western Australia and has 3 active nickel projects in Canada, including the
Michikamau property in central Labrador.

On behalf of the Board of Directors

John Robins, P.Geo., Chairman

[Tackler]

Resource Delineation Drill Program Underway on Lanfranchi Extension Tramways Tenements, Kambalda, Western Australia
Tue Jul 3, 9:00 AM

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 3, 2007) - Brilliant Mining Corp. (TSX VENTURE: BMC.V) ("Brilliant") today announced that the underground drill program to delineate additional reserves and resources down-plunge of the Lanfranchi orebody is underway at the Tramways Tenements, Kambalda, Western Australia.

Key Points:

- 40-hole 4,000m reserve/resource delineation drill program to extend Lanfranchi orebody

- Geophysical surveys indicate Lanfranchi Extension open to depth with significant conductors identified to 360 metres below current development

- Production planned to recommence shortly

Exploration Update

The resource/reserve delineation drill program is being conducted from a dedicated hanging-wall drill drive above the Lanfranchi nickel sulphide channel. The drilling will consist of an initial 40-hole 4,000 metre program and encompass an area 80 metres below the lowermost historic production level. The Lanfranchi Extension drilling is part of the aggressive project wide exploration program to increase the resource and reserve inventory at the Lanfranchi Nickel Mine. In addition, the drill program will provide a greater level of detail, adjacent to existing underground workings, to complete stope definition and recommence production down-plunge of the extensive Lanfranchi orebody. (See figures at bottom of release)

The drill stationed to perform the reserve/resource delineation drilling of the Lanfranchi Extension will intermittently throughout the drill plan undertake other more time sensitive priority projects, such as the upcoming stope definition drill program on the Winner Orebody scheduled for production in October 07 (see Company press release dated May 29, 07), then later return to continue the program at the Lanfranchi Extension. Therefore results from this program may be released periodically.

Production Update

Mining is planned to recommence shortly on the Lanfranchi Extension with production projected to contribute an additional 2,000 tonnes of ore grading 2.5% Ni above current mine production levels. The Lanfranchi Extension will be one of three additional sources of nickel ore planned for development or production during the latter half of 2007. The mineralization at Lanfranchi is open down plunge with the down-plunge extensions of Lanfranchi representing a high-priority target for continued exploration and development.

Lanfranchi Orebody Platform EM Drilling

During early 2007, two geophysical holes were drilled in the footwall and sub-parallel to the down-plunge extensions of the Lanfranchi orebody. The Lanfranchi platform EM holes were completed with drill-hole LAN120 intersecting broad zones of mineralization and several intervals of massive sulphide. The better mineralized zones returned intersections of 9.6m of 7.9% Ni and 30.0m of 5.2% Ni (see Company press release dated April 03, 2007)

In addition to the massive sulphide intersections, both Lanfranchi contact parallel EM holes identified significant conductors within 10m of the drill holes and down to 360 metres below the drill station located at the base of the Lanfranchi orebody. These results provided the Lanfranchi Joint Venture with the confidence to proceed with the development of a dedicated hanging-wall drill drive and production decision.

The Lanfranchi orebody, namesake of the Lanfranchi nickel mine, has been mined over a down-plunge length of 1.5 kilometres, with historical production totalling 1.4 million tonnes at 2.32% Ni.

Contact parallel EM holes are exploratory tools utilized in an underground mining environment to detect the down-plunge continuation of known mineralization well beyond the existing production levels. The aim is for the drill trace to remain in the footwall rock unit and maintain a parallel orientation in proximity to the contact horizon that hosts the mineralization to detect the nickel sulphide conductor through geophysics along the maximum extent of the drill hole.

The project is supervised by John Williamson, PGeol, of Edmonton, Alberta, CEO and a Director of Brilliant, and is the qualified person as defined in National Instrument 43-101.

About Brilliant Mining

Brilliant Mining Corp. (TSX VENTURE: BMC.V) is focused on the production, development and exploration of nickel opportunities world wide. The Company currently has a 25% interest in the producing Lanfranchi Nickel Mine in Western Australia and has 3 active nickel projects in Canada, including the Michikamau property in central Labrador.

On behalf of the Board of Directors

Mike Sieb, B.Sc., MBA, President, Brilliant Mining Corp.

Certain disclosures in this release, including management's assessment of Brilliant's plans and projects, constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to Brilliant's operation as a mineral exploration company that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. Brilliant expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

To view the Figures associated with this press release, please visit the following links:

Lanfranchi Extension Drill Planview Map - http://www.ccnmatthews.com/docs/bmc10703.pdf

Lanfranchi Drilling 3D - http://www.ccnmatthews.com/docs/bmc20703.pdf

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts

Mike Sieb
Brilliant Mining Corp.
President
[phone]
Email: [e-mail]

Derek Iwanaka
Brilliant Mining Corp.
Investor Relations
[phone]
Email: [e-mail]
Website: www.brilliantmining.com

[Rocketred]

sure the dirty rats ah

[Tackler]

very convenient for Versant that the price dropped to $1.90 where they were able to cross a million shares especially after they put a target of $4 on the stock

[Rocketred]

there's 2 months of summer blah's i can wait it out

[fasttrack5]

Probably over 2.00 thur.

Not a bad close today.

[Tackler]

SMY

[Rocketred]

could see 1.50 tomorrow as it closed on the low end and i don't thing the markets are done selling off yet

[fasttrack5]

I added at 1.95 thought that was a bargain now 1.80.

maybe bounce tomorrow, in anycase way oversold. Next few months barring some disaster should be 3.50 or above all IMO.
R.J.

[Tackler]

Brilliant to drill 1,500 m on Michikamau in July

2007-06-25 07:34 MT - News Release

Mr. Mike Sieb reports

BRILLIANT COMMENCES EXPLORATION PROGRAM AT MICHIKAMAU NI-CU-CO-PGE PROJECT, LABRADOR; DRILL TEST ZONE WITH GRAB SAMPLES AVERAGING 1.14% NI

Brilliant Mining Corp. field crews have been mobilized to commence the previously announced $1-million 2007 exploration program at the Michikamau property (see Brilliant Mining news in Stockwatch on May 7, 2007). This year's program will follow up on the highly encouraging results from the 2006 program at the Michikamau nickel-copper-cobalt-platinum group elements project. Brilliant Mining has a 100-per-cent interest in the Michikamau project, which covers 488 square kilometres of highly prospective exploration ground in central Labrador, Canada.

Key point summary of 2007 program:

- 1,500-metre diamond drilling planned for second week of July;

- Drill test the Sword Far North surface discovery identified at the end of last season;

- Focus on observed nickel enrichment zones within the Michikamau troctolitic intrusion;

- 100-line-kilometre ground geophysics in late June.

2006 highlights:

- Ni-Cu-Co sulphides intersected near surface in 10 out of 12 holes drilled;

- Grab samples averaging 1.14 per cent Ni, 0.67 per cent Cu and 0.194 per cent Co at Sword Far North;

- Comparison of nickel/sulphur ratios reveals nickel enrichment;

- Microprobe analysis identifies significant nickel enrichment textures in surface showing sample;

- Land position increased from 116 square km to 488 square km.

Michikamau 2007 planned exploration program

The 2007 exploration program, combining both ground geophysics and drilling, is currently under way. Field crews have been mobilized in preparation for a 100-line-kilometre ground magnetic and electromagnetic geophysical program. The geophysical grid will be surveyed at 25-to-100-metre line spacings to establish and refine targets for a 1,500-metre diamond drill program. The drilling component of the program has a planned start date in the second week of July.

The 2007 program will focus on the Juno and Sword geophysical anomaly trends with special emphasis on expanding the observed nickel enrichment within the system as outlined by the 2006 Sword Far North surface discovery.

Michikamau 2006 exploration program summary

The Sword Far North nickel-copper-cobalt showing, discovered by a Brilliant field crew during the 2006 drill program at Michikamau, returned an average grade of 1.14 per cent Ni and 0.194 per cent Co with one sample grading 1.62 per cent Cu from five grab samples (see news in Stockwatch on Aug. 30, 2006). The nickel-to-sulphur ratios observed from the surface showing are interpreted as a separate and discrete population with an elevated nickel content compared with the sulphides intersected in the 2006 drill holes. The two observed Ni sulphide populations indicate that a complex nickel enrichment history exists within the Michikamau property.

This model is supported by a microprobe analysis on the Sword Far North sulphide sample that clearly shows the presence of pentlandite Ni sulphide. The samples exhibit pentlandite in exsolution as well as distinct grains, which is significant from a metallurgical point of view. In addition a higher concentration of chalcopyrite copper sulphide was observed in the surface sample versus selected sulphide samples from the drill holes (see details in company news in Stockwatch on May 7, 2007).

The 2006 drill program comprised 12 core holes (MK06-01 to MK06-11 and MK06-13) targeting five conductive zones. The 1,244-metre drill program successfully identified the presence of Ni-Cu-Co-sulphide-bearing units in close proximity to surface across a four km by five km area with 10 out of the 12 holes intersecting a sulphidic interval (see Brilliant website for details).

Michikamau property

The Michikamau property covers 488.25 square km within the Michikamau layered gabbro-anorthosite (troctolite) intrusion. This intrusion is considered to be highly favourable for hosting Ni-Cu-Co-PGE mineralization and represents a conceptual and empirical exploration target for Voisey's Bay-type mineralization. Twenty-seven high to medium conductors have been identified on the property, hosted in troctolite within the interpreted throat feeder zone. The property is located close to existing infrastructure, including the Churchill Falls hydroelectric facility.

The project is supervised by Dr. Rob Carpenter, PhD, PGeo, director of Brilliant. Dr. Carpenter is the qualified person as defined in National Instrument 43-101.

[fasttrack5]

Brilliant Mining Recognized as Top 10 Mining Company For 2007 TSX Venture 50 Ranking

CCNMATTHEWS

Brilliant Mining Corp.

June 20, 2007 - 09:03:05 AM

Brilliant Mining Recognized as Top 10 Mining Company For 2007 TSX Venture 50
Ranking


VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 20, 2007) - Brilliant Mining
Corp. (TSX VENTURE:BMC) ("Brilliant Mining") was today named to the 2007 TSX
Venture 50(TM), a ranking of Canada's top emerging public companies listed on
TSX Venture Exchange.

"Brilliant's recognition as an elite member of the TSX Venture is a tremendous
accomplishment that directly reflects the efforts and ability of management to
strategically position the Company for continued growth," said John Robins,
Chairman of Brilliant Mining.

The TSX Venture 50 are the top 10 companies in each of five major industry
sectors (mining, oil & gas, technology, life science and diversified
industries), based on a ranking formula that includes revenue, return on
investment, market cap growth, and trading volume.

"We are very proud to launch the TSX Venture 50 to celebrate the achievement
of our issuers," said Kevan Cowan, President, TSX Venture Exchange. "The
impressive list of companies demonstrates that the TSX Venture Exchange is a
unique incubator for public companies, and the companies in the TSX Venture 50
are proof that this market is working."

R.J.

[johnlw]

Added to the freebies today
Goes sub $2 probably buy again

[Rocketred]

think cheaper

[Tackler]

you will read that post in September and agree

[johnlw]

This thing is looking tempting here

[Tackler]

Brilliant Mining Invites you to attend a Nickel Event, June 27th

Discovery Group Nickel Event
June 27th from 1:00pm - 3:30pm
The Four Seasons Hotel, Vancouver

Brilliant Mining Corp. invites you to an event covering the robust nickel sector. This event was organized to help investment professionals/investors understand and capitalize on current conditions in the nickel market.

Topics include: supply/demand, major industry players, M&A activity, world exploration hot-spots, nickel exploration and corporate presentations by executives of local nickel companies.

Nickel Exploration/Mining Companies:
Brilliant Mining Corp., Blackstone Ventures Inc., Lundin Mining Corporation

Industry Analysts:
Anthona Curic - Research Capital Corporation; Ian Parkinson - Versant Partners Inc.

Details: Wednesday, June 27th
1:00pm - 3:30pm
The Four Seasons Hotel - Arbutus Room

Program:
1:00pm - Registration
1:30pm - Presentations are 15 minutes each
3:15pm - Q/A

RSVP Only:
Please RSVP by Tuesday, June 19th, 2007
Email: [e-mail] with the following information:

Name: Tackler
Company: Tackler Asset Management
Phone
Email

We look forward to seeing you. For more information or to invite additional guests please contact: Stefanie Makagon at [phone] or by email: [e-mail]

Brilliant Mining Corp.
SUITE 1440, 625 HOWE ST., VANCOUVER, BC, V6C 2T6
TELEPHONE: [phone] FACSIMILE: 604-646-4526 http://www.brilliantmining.com

[Tackler]

Brilliant Mining Will Be Exhibiting at the World Gold, PGM, and Diamond Investment Conference in Vancouver

The conference will be held at the Vancouver Convention & Exhibition Centre from June 17 to June 18th, 2007.

Location: Booth 300-302

Vancouver Convention & Exhibition Centre
200-999 Canada Place, Vancouver, BC

Exhibit Hours:

Sunday, June 17th: 10:00am - 6:00pm
Monday, June 18th: 9:00am - 5:00pm

Corporate Presentation:

Sunday, June 17th: 12:00pm in Workshop 3

Brilliant will be exhibiting as part of the Discovery Group of companies. Drop by the booth to meet a representative of the Company for an update on Brilliant’s international nickel production and exploration.

Brilliant will be exhibiting at Booth 300-302 .

If you have any questions or would like to speak with someone directly, please contact Derek Iwanaka, Investor Relations at 604-646-4524 or email [e-mail] .

For complete conference details follow: http://www.cambridgehouse.ca/ch_june2007.html

[Tackler]

CASH COW!

[fasttrack5]

Update;

Close


Brilliant Mining Corp.: 21,000 Tonnes (46.8 Million Lbs) Ni Metal Production Target Over Next Two Years; Lanfranchi Nickel Mine, Kambalda District, Western Australia

CCNMATTHEWS

Brilliant Mining Corp.

May 29, 2007 - 09:35:38 AM

Brilliant Mining Corp.: 21,000 Tonnes (46.8 Million Lbs) Ni Metal Production
Target Over Next Two Years; Lanfranchi Nickel Mine, Kambalda District, Western
Australia


VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 29, 2007) - Brilliant Mining
Corp. (TSX VENTURE:BMC) ("Brilliant") today announces a preliminary production
forecast and an exploration update for the high-grade Lanfranchi Nickel Mine,
Tramways Tenements in the world class Kambalda District of Western Australia.

Key Point Summary (100% basis)

- Significant ramp-up in production at the Lanfranchi Nickel Mine through the
next two years

- 8,000 tonnes (17.6 million lbs) Ni metal production projected for July
07-June 08

- 13,250 tonnes (29.2 million lbs) Ni metal production target for July 08-June
09

- Aggressive exploration budget greater than US$4 million to be spent over
next 12 months

- US$0.007/lb Ni per Deacon Indicated Resource discovery/delineation unit cost

"The proposed mine plan and continued increase to the resource inventory,
plant and infrastructure is on schedule for the Lanfranchi Nickel Mine's
production goal of 10,000 tonnes of Ni metal" states John Williamson, CEO
Brilliant Mining Corp.

Production Forecast 2007/08 (100% basis)

The preliminary production forecast for the high-grade Lanfranchi Nickel Mine
is 8,000 tonnes (17.6 million lbs) contained Ni metal in 2007/08 (July 07 to
June 08 mine-plan year end) based on approximately 300,000 tonnes of ore
deliveries at 2.65% Ni. This preliminary forecast represents a 45% increase to
the 2006/07 forecast for Lanfranchi of 5,500 tonnes of contained Ni,
reflecting continued successful economies of scale and the planned
introduction of higher grade ore coming from Winner and Deacon.

The main factors contributing to the significant ramp-up in production are:

- Ore from Winner(1) with a reserve grading 4.28% Ni scheduled for October
2007; and

- Ore from Deacon(2) with an indicated resource grading 3.09% scheduled for
first development ore production November 2007 and first longhole stope ore
production in March 2008.

Production Target 2008/09

Based on the previously delineated resource and reserve inventory, the recent
exploration success at Lanfranchi and Deacon, and the continued investment in
plant and infrastructure the Lanfranchi Joint Venture's potential production
target for the 2008/09 (July 07 to June 08 mine-plan year end) operating year
is approximately 13,250 tonnes (29.2 million lbs) contained Ni metal. This
rate of production is achievable provided the ramp-up at Deacon and Winner
progresses on schedule.

Figure 1: Lanfranchi Nickel Mine Production Forecast

http://www.ccnmatthews.com/docs/529bmc1.jpg

Discovery & Purchase Unit Costs

The Lanfranchi Nickel Mine and surrounding Tramways Tenements was purchased by
the Lanfranchi Joint Venture for an US $20 million equivalent. At the time of
the acquisition the Lanfranchi Mine contained 53,000 tonnes of Ni metal in the
Indicated Resource category(3). This translates to an acquisition unit cost of
US$0.17/lb of Ni metal (see Table 1 below). In comparison, the discovery and
delineation of the Deacon containing 50,000 tonnes of Ni metal in the
Indicated Resource category cost US$0.007/lb.

The nominal exploration unit cost associated with the Deacon's contribution to
the resource inventory highlights the overall prospectivity of the property.
In this regard, the Company believes that a focussed exploration program is
fundamental to the continued vitality of the project and has budgeted an
aggressive US $4 million for the next 12 month period (July07-June08).



Table 1: Discovery/Purchase Unit Costs
----------------------------------------------------------------------------
Project Indicated Exploration/
Resource Purchase Cost (USD)
(tonnes)(i) Cost (USD) Cents/Lb
----------------------------------------------------------------------------
Lanfranchi Mine 53,000 $20,000,000 17.1c/lb
----------------------------------------------------------------------------
Deacon(2) 50,000 $ 800,000 0.7c/lb
----------------------------------------------------------------------------
(i) The Indicated Resource stated in the table are a subset of the Total
Reserve and Resource (Indicated and Inferred) that make up the mineral
inventory at the Lanfranchi Project.



Exploration Update

Numerous channel style massive and disseminated nickel sulphide deposits have
been historically developed at the Lanfranchi Mine and most display evidence
of down-plunge extensions. These potential extensions to known bodies of
mineralization are the primary focus of the exploration program at Lanfranchi
over the next 12 months.

Exploration and resource definition drill programs are currently underway from
both surface and underground at the Tramways Tenements. The plan is to test a
total of six advanced targets during the remainder of 2007 (see Table 2).



Table 2: Tramways Tenements - Lanfranchi Mine Exploration Drill Schedule
----------------------------------------------------------------------------
Area Description Quarter
----------------------------------------------------------------------------
Northern Tramways Dome Test highly prospective contact over 2 km
strike length Q2-07
----------------------------------------------------------------------------
Schmitz/Skinner Test depth extensions Q2-07
----------------------------------------------------------------------------
Helmut South Evaluate base of known mineralisation Q2-07
----------------------------------------------------------------------------
Lanfranchi Develop drill drive, test depth extensions
and EM anomalies Q3-07
----------------------------------------------------------------------------
Winner Test orebody extension when decline
development established Q3-07
----------------------------------------------------------------------------
Deacon Develop drill drive, test up- and
down-plunge extensions Q3-07
----------------------------------------------------------------------------



Figure 2: Schmitz & Helmut Ni sulphide channel extensions

http://www.ccnmatthews.com/docs/529bmc2.jpg

Northern Tramways Dome - Overturned Stratigraphy

The Northern Tramways Dome stratigraphy is under-explored and geologically
complex. Vertical stratigraphic holes have been drilled previously to test the
concept that the basal contact of the Kambalda komatiite is overturned in
places along the northern side of the Tramways Dome. The drilling indicated
that the basal contact of the highly prospective Silver Lake Member of the
Kambalda Komatiite Formation is overturned in this area and dips back towards
the south under the Lunnon Basalt (Figure 3). This provides considerable
future exploration significance. If this interpretation is maintained
elsewhere across the Tramways Dome then new massive nickel sulphide shoots
could potentially be discovered in this region.

Given the conceptual success to date a more detailed program has commenced to
explore for continuations of the Schmitz and Helmut channels on the north side
of the Tramways Dome. Drill testing of this surface over a 2 kilometre strike
length will form a significant part of the exploration activities for the next
12 months (Figure 4).

Figure 3: Northern Tramways Dome - Overturned Stratigraphy

http://www.ccnmatthews.com/docs/529bmc3.jpg

Figure 4: Northern Tramways Dome - Target Contact to be drill tested

http://www.ccnmatthews.com/docs/529bmc4.jpg

(1) See Company press release dated April 4, 2006 for details.

(2) See Company press release dated April 16, 2006 for details. Production on
the Deacon Resource is contingent upon a positive feasibility study and
subject to a development decision by the Lanfranchi Joint Venture.

(3) March 2006, 43-101 technical report by Golder Associates Pty. Ltd. filed
on SEDAR.

The project is supervised by John Williamson, PGeol, of Edmonton, Alberta, CEO
and a Director of Brilliant, and is the qualified person as defined in
National Instrument 43-101.

About Brilliant Mining

Brilliant Mining Corp. (TSX VENTURE:BMC) is focused on the production,
development and exploration of nickel opportunities world wide. The Company
currently has a 25% interest in the producing Lanfranchi Nickel Mine in
Western Australia and has 3 active nickel projects in Canada, including the
Michikamau property in central Labrador.

On behalf of the Board of Directors

Mike Sieb, B.Sc., MBA, President



Regards: R.J.

[Tackler]

Brilliant Repays Senior Debt and Receives $7.7 Million from Warrant Exercises
Thursday May 24, 9:00 am ET


VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 24, 2007) -
(All dollar amounts are expressed in Canadian dollars)

Brilliant Mining Corp. (TSX VENTURE:BMC - News; "Brilliant" or the "Company") announced today that it has eliminated all senior debt and has received a total of $7.7 million from the exercise of 8.1 million share purchase warrants ("Warrants") since April 1, 2007.

Key Point Summary:

- $3.5 million senior debt repaid

- $7.7 million in aggregate proceeds from warrant exercises

At the end of March 2007, the Company repaid the final $1.5 million installment of a $3.5 million bank loan inherited through the acquisition of Donegal Resources Pty Ltd ("Donegal"), 25% owner in the producing high grade Lanfranchi Nickel Mine in the World Class mining district of Kambalda, Western Australia.

Since April 1, 2007, the Company has received a total $7.7 million from warrant conversions. The main component was derived from the conversion of two 2.625 million common share ("Share") purchase warrant tranches exercised for total proceeds of $5.25 million by companies associated with Ian Junk and Leigh Junk, directors of Brilliant.

The Warrants were issued on May 25, 2006 as partial consideration for the acquisition of a 25% interest in the Lanfranchi Nickel Mine owned by Donegal. The Warrants were exercisable at an exercise price of $1.00 per Share to and including May 24, 2007 and thereafter, at a price of $1.10 per Share until expiry on May 24, 2009.

Aurora Prospects Pty Ltd (ACN 111 384 233) as Trustee for the Aurora Family Trust ("Aurora") of 117 Granite Road, North Dandalup, Western Australia, Australia, associated with Ian Junk, exercised 2,625,000 Warrants increasing the aggregate Shares owned by Ian Junk and Aurora to 6,875,000 Shares (representing 10.3% of the outstanding Shares). As a result of the exercise of the Warrants, neither Ian Junk nor Aurora hold any further Warrants.

Jolee Corporation Pty Ltd (ACN 119 510 593) as Trustee for the Jolee Investment Trust ("Jolee") of 189 Millpoint Road, South Perth, Western Australia, Australia, associated with Leigh Junk, exercised 2,625,000 Warrants increasing the aggregate Shares owned by Leigh Junk and Jolee to 3,875,000 Shares (representing 5.8% of the outstanding Shares). As a result of the exercise of the Warrants, neither Leigh Junk nor Jolee hold any further Warrants.

Ian Junk and Leigh Junk are both Directors of Brilliant. Each has indicated to Brilliant that they have no present intention of acquiring any further Shares, however either Aurora or Jolee may, at any time prior to maturity, convert part or all of the $2.5 million principal amount convertible debenture issued to each of them as partial consideration for the Donegal acquisition. The principal amount of the debentures may be converted at a rate of 1 Share for each $1.00 converted until May 24, 2008, and thereafter at a rate of 1 Share for each $1.10 converted until maturity on May 24, 2009. Brilliant can, at any time, notify the debenture holders that we wish to repay all or part of the principal. The holders then have 30 days during which time they may choose to convert all or part of the debenture into shares of Brilliant.

This press release has been issued pursuant to National Instrument 62-103, section 176(3) of the Securities Act (Alberta), and section 111(2) of the Securities Act (British Columbia). An Early Warning Report will be filed on SEDAR at www.sedar.com and a copy may be obtained by contacting Derek Iwanaka at [phone].

About Brilliant Mining Corp.

Brilliant Mining Corp. is focused on the production, development and exploration of nickel opportunities worldwide. The Company currently has a 25% interest in the producing Lanfranchi Nickel Mine in Western Australia and has 3 active nickel projects in Canada, including the Michikamau property in central Labrador.

On behalf of the Board of Directors

Mike Sieb, B.Sc., MBA, President

Brilliant Mining Corp.

Certain disclosures in this release, including management's assessment of Brilliant's plans and projects, constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to Brilliant's operation as a mineral exploration company that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. Brilliant expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

[fasttrack5]

Brilliant now trading in the Pink BRLTF. (for those that care)

R.J.

[Tackler]

New all time high for BMC this morning. Anonymous is buying.

[Lone Clone]

Brilliant Outlines $1,000,000 Exploration Program for Michikamau Ni-Cu-PGE Project, Labrador; Drilling to Test Zone with Grab Samples Averaging 1.14% Ni
Monday May 7, 9:00 am ET

http://biz.yahoo.com/ccn/070507/200705070388791001.html?.v=1

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 7, 2007) - Brilliant Mining Corp (TSX VENTURE:BMC - News; "Brilliant" or the "Company") today announced an initial $1.0 million 2007 exploration program to follow-up on the highly encouraging results from the 2006 program at the 100% owned Michikamau Nickel-Copper-Cobalt-Platinum Group Elements (Ni-Cu-Co-PGE) Project located in Labrador, Canada.

Key Point Summary:

2007 Program

- 1,500 m diamond drilling planned for early July

- Drill test the Sword Far North surface discovery

- Focus on observed nickel enrichment zones within the Michikamau troctolitic intrusion

- 100 line km ground geophysics in late June

2006 Highlights

- Ni-Cu-Co sulphides intersected near surface across 4 km by 5 km area

- Grab samples averaging 1.14% Ni, 0.67% Cu and 0.194% Co

- Comparison of Nickel / Sulfur ratios reveals nickel enrichment

- Microprobe analysis identifies significant nickel enrichment textures in surface showing sample

- Land position increased from 116 km2 to 488 km2

Michikamau 2007 Planned Exploration Program

The 2007 exploration program, combining both ground geophysics and drilling, is currently planned to commence in late June. An initial 100 line kilometre magnetic and electromagnetic geophysical program at 25-100 metre line spacings, will establish and refine targets for a 1,500 metre diamond drill program. A helicopter and diamond drill have been sourced and contracted to complete the program.

The 2007 program will focus on the Juno and Sword geophysical anomaly trends with special emphasis on expanding the observed nickel enrichment within the system as outlined by the 2006 Sword Far North surface discovery.

Michikamau 2006 Exploration Program Summary

The 'Sword Far North' nickel-copper-cobalt showing discovered by a Brilliant field crew during the 2006 drill program at Michikamau returned an average grade of 1.14% Ni and 0.194% Co with one sample grading 1.62% Cu from 5 grab samples (See press release dated Aug. 30, 2006). The nickel to sulphur ratios observed from the surface showing are interpreted as a separate and discrete population with an elevated nickel content compared to the sulphides intersected in the 2006 drill holes. The two observed Ni sulphide populations indicate that a complex nickel enrichment history exists within the Michikamau Property.

This model is supported by a micro-probe analysis on the Sword Far North sulphide sample that clearly shows the presence of pentlandite Ni sulphide. The samples exhibit pentlandite in exsolution as well as distinct grains, which is significant from a metallurgical point of view. In addition a higher concentration of chalcopyrite copper sulphide was observed in the surface sample versus selected sulphide samples from the drill holes.

The 2006 drill program was comprised of 12 core holes (MK06-01 to MK06-11 and MK06-13) targeting 5 conductive zones. The 1,244 metre drill program successfully identified the presence of Ni-Cu-Co sulphide bearing units in close proximity to the surface across a 4 km by 5 km area. 10 out of the 12 holes intersected a sulphidic interval (See Brilliant website www.brilliantmining.com/projects/michikamau/ for details).

Upon completion of the 2006 drill program, Brilliant increased its land holdings to 488.25km2 from 116.5km2 by recording an additional 371.75km2 of mineral licenses. The Company now controls the majority of the available surface area underlain by the Michikamau intrusive complex.

Microprobe Analysis: Textural characteristics of samples were observed using reflected light and scanning electron microscopy (SEM). The micro-probe analysis was performed by Dr. Craig Finnigan, Ph.D., on behalf of Brilliant. Dr. Finnigan utilized the JEOL 840 SEM at the University of Toronto to obtain backscatter electron and secondary electron images and phases that were characterized chemically using energy dispersive spectroscopy (EDS). Beam conditions were 20 - 30 kV, 3nA and a working distance of 30 mm.

Michikamau Property

The Michikamau Property ("Property") covers 488.25km2 within the Michikamau layered gabbro-anorthosite (troctolite) intrusion. This intrusion is considered to be highly favourable for hosting Ni-Cu-Co-PGE mineralization and represents a conceptual and empirical exploration target for Voisey's Bay type mineralization. Twenty-seven (27) high to medium conductors have been identified on the Property, hosted in troctolite within the interpreted throat "feeder" zone. The Property is located close to existing infrastructure, including the Churchill Falls hydroelectric facility.

The project is supervised by Rob Carpenter, Ph.D., P.Geo., Director of Brilliant. Dr. Carpenter is the qualified person as defined in National Instrument 43-101.

About Brilliant Mining Corp.

Brilliant Mining Corp. is focused on the production, development and exploration of nickel opportunities world wide. The Company currently has a 25% interest in the producing Lanfranchi Nickel Mine in Western Australia and has three active nickel projects in Canada, including the Michikamau property in central Labrador.

On behalf of the Board of Directors

Mike Sieb, B.Sc., MBA, President

Brilliant Mining Corp.

Certain disclosures in this release, including management's assessment of Brilliant's plans and projects, constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to Brilliant's operation as a mineral exploration company that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. Brilliant expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.


Contact:

Mike Sieb
Brilliant Mining Corp.
President
[phone]
Email: [e-mail]

Derek Iwanaka
Brilliant Mining Corp.
Investor Relations
[phone]
Email: [e-mail]
Website: www.brilliantmining.com

Source: Brilliant Mining Corp.

[Tackler]

Excellent summary, you probably notice I usually veil my theories as questions.

[johnlw]

I have put out enough stupid theories about the vagaries of the market I am trying to keep my mouth shut now.
Green is good
Red is bad

[Tackler]

Makes you wonder, transferring between accounts/clients/funds?
Maybe Versant is getting ready to put out a reco?

[johnlw]

More Versant:

	K 
 14:52:31	V	2.75	0.23	403,000	4 Versant	4 Versant	K 
 14:50:40	V	2.74	0.22	3,100	4 Versant	1 Anonymous	K 
 14:50:22	V	2.74	0.22	5,000	4 Versant	5 Penson	K 
 14:50:22	V	2.74	0.22	5,000	4 Versant	1 Anonymous	

K

[johnlw]

'Nother nice move today

Versant showing some interest:

10:06:41 V 2.70 +0.18 49 4 Versant 4 Versant E

10:06:41 V 2.70 +0.18 416,400 4 Versant 4 Versant K

10:06:41 V 2.70 +0.18 2,100 4 Versant 4 Versant K

10:06:09 V 2.70 +0.18 157,900 4 Versant 4 Versant K

10:05:51 V 2.70 +0.18 2,000 7 TD Sec 4 Versant K

[Tackler]

somebody got a talkin too

[fasttrack5]

Nice move up this am.

Brilliant Mining Corp (BMC) CDN


Stock Quote | Options | Company Financials | Charting | Analyst Estimates




Stock Insight | Technical Analysis

BMC (CDN) as of 02 May 2007 at 11:36 AM EST


Last Price: 2.52 CAD
Market: CA
Change: +0.26
Last Traded: 02 May 2007 at 11:34 AM EST.
Tick:
Bid / Size: 2.52 / 25
Ask / Size: 2.55 / 50
Open: 2.35
Previous Close: 2.26
Annual Dividend: 0
Ex Dividend Date: N/A
Earnings: 0.00
Yield: 0.00%
P / E Ratio: 0.00
Beta: 0.86
Shares Out (Thousand): 58,317

Volume: 351,500
Average Volume: 229,944
Day High / Low: 2.60 / 2.35
52-Week High / Low: 2.63 / 0.50

View Full Page Chart: 1 day 5 day 1 month
3 month 6 month 1

[Lone Clone]

Brilliant Mining Corp.: Quarterly Nickel Ore Production and Mine Development Update Lanfranchi Nickel Mine, Kambalda District of Western Australia
Mon Apr 30, 9:00 AM

http://ca.news.finance.yahoo.com/s/30042007/28/link-finance-news-brilliant-mining-corp-quarterly-nic....

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 30, 2007) - Brilliant Mining Corp. (TSX VENTURE: BMC.V) ("Brilliant" or the "Company") today reported the nickel ore production for the quarter ending March 31, 2007 ("Q1 2007") from its 25% owned Lanfranchi Nickel Mine, located in the world class Kambalda Nickel District of Western Australia.

Production

Consistent production has been achieved from the Helmut South orebody over the last three quarterly periods. Ore production reported in Q1 2007 was 52,030 tonnes at an average grade of 2.21% Ni for 1,149 tonnes (2,533,111 lbs) of contained Ni metal.

 
 Table 1 - Lanfranchi Project Operating Statistics(i) 
 --------------------------------------------------------------------------- 
                                        3 months      3 months      3 months 
                                          ending        ending        ending 
 Operation    Details       Units    31 Mar 2007   31 Dec 2006   30 Sep 2006 
 --------------------------------------------------------------------------- 
 Produced     Ore mined       DMT         52,030        61,173        55,547 
              -------------------------------------------------------------- 
              Ni grade          %           2.21          2.39          2.29 
              -------------------------------------------------------------- 
              Ni metal          T          1,149         1,465         1,272 
              -------------------------------------------------------------- 
              contained       Lbs      2,533,000     3,230,000     2,804,000 
              -------------------------------------------------------------- 
              Cu grade          %           0.19          0.20          0.20 
 --------------------------------------------------------------------------- 
 Delivered    Ore delivered   DMT         52,082        61,631        56,264 
              -------------------------------------------------------------- 
              Ni grade          %           2.21          2.39          2.28 
              -------------------------------------------------------------- 
              Ni metal          T          1,150         1,473         1,283 
              -------------------------------------------------------------- 
              contained       Lbs      2,535,000     3,247,000     2,829,000 
              -------------------------------------------------------------- 
              Cu grade          %           0.19          0.20          0.20 
 --------------------------------------------------------------------------- 
 (i) DMT equals dry metric tonnes, T equals tonnes, Lbs equals pounds 
 

Production in Q1 2007 represents a slight decrease from the previous two quarters. This reflects the implementation of a mine strategy with emphasis on capital development in the present in order to maximize future mine production and revenues. To achieve this goal, operations at the Lanfranchi Mine are focused on the collective capital development of the Lanfranchi, Schmitz and Winner orebodies.

The targeted timeline for the introduction of these three additional ore sources is as follows:

Lanfranchi: May 07
Schmitz: July 07
Winner: August-September 07


At the Deacon Resource, work is progressing on an Ore Reserve estimation, detailed mine plan and project financial analysis. It is anticipated that this work will be completed during the second quarter of 2007 and, subject to a positive production decision, will result in mining from Deacon as early as the third quarter of 2007. The upgrade of the Deacon Resource to a Probable Mineral Reserve and the incorporation of Deacon into the active mine plan are high priorities for the Lanfranchi Joint Venture. The elevated status that the Lanfranchi Joint Venture assigns to the Deacon is readily justified by the significant quantity and concentration of contained nickel metal, in conjunction with the Deacon's close proximity to current mining operations at Helmut South.

 
 Table 2: Deacon - Mineral Resource Estimate 
 --------------------------------------------------------------------------- 
                           Ore          Ni          Ni          Cu        Cu 
 Class      Ore Type    Tonnes Ni % Tonnes      Pounds Cu % Tonnes    Pounds 
 --------------------------------------------------------------------------- 
            Diss/ 
 Indicated  Matrix   1,421,869 2.52 35,860  79,057,767 0.23  3,246 7,156,205 
 --------------------------------------------------------------------------- 
 Indicated  Massive    184,719 7.49 13,837  30,505,363 0.61  1,122 2,473,587 
 --------------------------------------------------------------------------- 
            Diss/ 
 Total      Matrix/ 
 Indicated  Massive  1,606,588 3.09 49,697 109,563,130 0.27  4,368 9,629,792 
 --------------------------------------------------------------------------- 
            Diss/ 
 Inferred   Matrix     302,977 2.77  8,389  18,494,579 0.27    815 1,796,767 
 --------------------------------------------------------------------------- 
 Previously reported in the Company's April 16, 2007 news release 
 

Brilliant Mining Corp. owns a 25% interest in the Lanfranchi Joint Venture ("Lanfranchi JV"), which owns the Lanfranchi Nickel Mine together with associated infrastructure, mining leases and mineral claims. The remaining 75% interest in the Lanfranchi JV is held by Sally Malay Mining Limited.

The project is supervised by John Williamson, PGeol, of Edmonton, Alberta. Mr. Williamson, CEO and a Director of Brilliant Mining, is the qualified person as defined in National Instrument 43-101.

About Brilliant Mining

Brilliant Mining Corp. (TSX VENTURE: BMC.V) is focused on the production, development and exploration of nickel opportunities world wide. The Company currently has a 25% interest in the producing Lanfranchi Nickel Mine in Western Australia and has 3 active nickel projects in Canada, including the Michikamau property in central Labrador.

On behalf of the Board of Directors

Mike Sieb, B.Sc., MBA, President

Brilliant Mining Corp.

Certain disclosures in this release, including management's assessment of Brilliant's plans and projects, constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to Brilliant's operation as a mineral exploration company that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. Brilliant expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts

Mike Sieb
Brilliant Mining Corp.
President
[phone]
Email: [e-mail]

Derek Iwanaka
Brilliant Mining Corp.
Investor Relations
[phone]
Email: [e-mail]
Website: www.brilliantmining.com

[Tackler]

looking good!

[johnlw]

There are some days that selling down to free shares looks really stupid.

[Tackler]

Deacon 3Ds post #509

http://www.investorshub.com/boards/read_msg.asp?message_id=17928046

[Tackler]

Brilliant Mining ups Deacon indicated resource by 80%

2007-04-16 06:59 MT - News Release

Mr. Mike Sieb reports

BRILLIANT MINING CORP.: 32% INCREASE IN DEACON INDICATED RESOURCE AND 80% INCREASE IN DEACON INFERRED RESOURCE

Brilliant Mining Corp.'s recent completion of the resource delineation drill program and subsequent upgrade to the mineral resource estimate has significantly increased the Deacon indicated resource from 37,540 tonnes to 49,697 tonnes (109,563,130 pounds) of contained nickel metal and the inferred resource from 4,650 tonnes to 8,389 tonnes (18,494,579 pounds) of nickel metal. "Since October, 2006, the Deacon has rapidly evolved from discovery to a significant component of the Lanfranchi nickel mine's resource inventory and one of the largest nickel resources in the world-class Kambalda nickel district," stated Brilliant Mining chief executive officer, John Williamson.

Key Point Summary

-indicated resource increases 12,157 tonnes of nickel metal, with 1,606,588 tonnes at 3.09 per cent nickel for 49,697 tonnes of nickel metal;
-inferred resource increases 3,739 tonnes of nickel metal with 302,977 tonnes at 2.77 per cent nickel for 8,389 tonnes of nickel metal;
-massive sulphide component contributes 184,719 tonnes at 7.49 per cent nickel for 13,837 tonnes of nickel metal;
-the Deacon Resource remains open both up and down plunge;
-drilling to test the up-plunge extent at Deacon has commenced;
the Deacon/Helmut nickel sulphide channel now contains the greatest volume of defined nickel on the property; and
-detailed mine planning is under way with a production target as early as the third quarter of 2007.

"Current interpretation indicates that Deacon and Helmut South represent one single larger deposit. This would make the Deacon/Helmut nickel sulphide channel the fifth-largest deposit ever discovered in the Kambalda region, and highlights the substantial economic impact that Deacon could have on both the Lanfranchi nickel mine and Brilliant's future operations," stated BMC chairman, John Robins.

The Deacon mineralization has been the focus of an underground resource definickeltion drill program from a dedicated hangingwall drill drive since late November, 2006. Drilling from the drill drive was completed at the beginning of April, 2007. A total of 44 underground diamond drill holes, comprising 7,106 metres were completed and now form the basis of this upgraded indicated and inferred resource estimate.

 
  
   DEACON -- APRIL, 2007, MINERAL RESOURCE ESTIMATE (UPGRADED) 
  
               Ore        Ore           Ni          Ni          Cu        Cu 
 Class        type     tonnes    %  tonnes      pounds    % tonnes    pounds 
  
 Indicated    Diss/ 
            Matrix  1,421,869 2.52  35,860  79,057,767 0.23  3,246 7,156,205 
              Mass- 
 Indicated     ive    184,719 7.49  13,837  30,505,363 0.61  1,122 2,473,587 
 Total        Diss/ 
 Indicated  Matrix/ 
           Massive  1,606,588 3.09  49,697 109,563,130 0.27   4368 9,629,792 
 Inferred     Diss/ 
            Matrix    302,977 2.77   8,389  18,494,579 0.27    815 1,796,767 
  
 (i)See table reference notes at bottom of news release 
 

Deacon is a coherent zone of disseminated and matrix-style mineralization containing significant zones of high-grade massive sulphide mineralization. The mineralization occurs within a well-defined "channel" structure located immediately to the west of Helmut South. The channel appears to be oriented subparallel to the Helmut South orebody, with mineralization outlined so far over a strike length of 450 metres, an increase of 75 metres on the previous estimate, and is still open both up and down plunge.

Latest drill results

 
        DEACON RESOURCE -- LATEST DRILL RESULTS 
  
           Pierce    Pierce                                  True 
            point     point   Pierce                        width   Ni  
 Drill                         point               Interval  
 hole       north      east       RL   From     To       (m)   (m)   % 
  
 HS268     513850    391665     -598  85.00  90.10     5.10  4.00 3.69 
 Plus      513858    391664     -605  95.75 100.70     4.95  3.00 3.00 
 HS271     513951    391570     -521 166.70 202.45    35.75 14.00 2.15 
 HS272     513764    391677     -618  71.16  75.00     3.84  2.50 1.91 
 HS273     513738    391694     -610  68.00  77.00     9.00  4.00 2.27 
 HS274     513668    391614     -709 174.50 206.90    32.40 12.00 2.64 
 Including massive sulphide          204.90 206.90     2.00  0.75 7.81 
 HS275     513966    391593     -512 189.00 208.00    19.00  8.70 1.86 
 HS277     513884    391583     -604 127.30 155.50    28.20 18.90 3.86 
 Including massive sulphide          150.00 153.50     3.50  2.40 7.29 
 HS278     513824    391590     -617 119.30 123.90     4.77  3.10 2.40 
 HS279     513835    391600     -627 116.00 126.65    10.65  8.40 2.92 
 Including massive sulphide          125.50 126.65     1.15  0.90 7.14 
 HS280     513842    391642     -621  76.80 109.50    32.70  30.5 4.02 
 Including massive sulphide           99.78 111.35    11.57 10.80 6.84 
 HS281     513736    391611     -671 132.07 148.05    15.98 10.90 2.60 
 HS282     513736    391633     -675 121.19 143.01    21.82 14.50 3.17 
            Incl HG matrix + massive 
                            sulphide 136.95 143.01     6.06  4.00 5.07 
 HS283     513792    391632     -666  98.00 131.12    33.12 29.80 4.03 
            Incl HG matrix + massive 
                            sulphide 107.13 131.12    23.99 21.60 4.63 
 HS284     513882    391635     -596 101.30 123.50    22.20 19.60 2.65 
 HS285     513666    391573     -700    NSR 
 HS286     513583    391620     -775 233.40 305.55    72.15 16.40 2.95 
                  Including          253.00 305.55    52.55 11.90 3.25 
 

Production plans

The Deacon upgraded indicated resource estimate of 49,697 tonnes (109,563,130 pounds) of nickel metal is 2.4 times larger than the initial estimated Helmut South indicated resource of 729,000 tonnes at 2.9 per cent nickel (21,000 tonnes of nickel metal), which underpinned the original purchase of the Lanfranchi mine by the Lanfranchi joint venture. In addition, the Deacon resource remains open both up and down plunge, providing the potential for future growth. Past nickel production and contained reserve/resources for the Deacon/Helmut channel structure make it the most nickel-bearing channel structure within the Lanfranchi mine/Tramways Tenements area. Total historical nickel production by WMC Resources from the Lanfranchi Mine/Tramways Tenements (prior to the acquisition of the project by the Lanfranchi joint venture) was 100,000 tonnes of nickel metal.

Since the initial Deacon resource estimate was released in early March, 2007, the drilling focus has been two-fold. Firstly, to confirm continuity between areas of massive sulphide mineralization which has enabled the previously reported high-grade inferred resource of 101,000 tonnes at 4.59 per cent nickel to be converted to the indicated resource category. Secondly, additional drill holes were completed around the then known northern (upper) and southern (lower) limits of the resource, thereby enabling increased confidence to be assigned to the resources in those areas and further extending the known strike length by 75 metres. Drilling from the dedicated Deacon hangingwall drill drive was completed by April 2, 2007.

The current drilling focus has now shifted to the up-plunge portion of the Deacon channel structure between the bottom of the Helmut orebody and the currently defined top of the Deacon resource. An initial program of holes is under way from Stockpile 5 in the footwall off the Helmut South decline. The aim of this program is to define the shape of the Deacon channel structure and identify an appropriate position for the development of another dedicated hangingwall drill drive to facilitate resource definickeltion drilling in this area.

Work is progressing on a detailed mine plan, mineral reserve estimate and project financial analysis. The joint venture anticipates that this work will be completed during the second quarter of 2007 and will result in development of the Deacon, commencing as early as the third quarter of 2007, contingent upon a positive economic feasibility and subject to the Lanfranchi joint venture, making a decision to proceed.

[Tackler]

Thanks, ya huge upside and many more Deacons yet to be discovered.
Nice healthy pullback in the chart.

[fasttrack5]

Found this posted on stockhouse: Interesting

http://sallymalay.com.au/uploads/070306Argonaut-SMYRareFind.pdf

Regards: R.J.

[fasttrack5]

Beautiful looking chart:
IMO if nickel holds and results keep coming like recent we will see at least $5.00 barring a buyout.

[Tackler]

wont matter when the hedge comes off thats if they dont get bought out
more exploration results from oz, barely scratching the surface over there compared to the potential
canadian projects to gear up this summer too

[Rocketred]

Metals markets pretty much topped out

[Tackler]

would have to get whacked hard!
ya basically if China and India go back to the stone age between now and July the hedge coming off wont matter

[Rocketred]

unless they wack nickel

[Tackler]

$5 this year easy money

[Rocketred]

bags of chit lol or holdimg the bag

[Tackler]

bag of nickels gonna be gold here buy on da dips!!!