Brilliant Mining fka BLT

[Tackler]

Brilliant Mining starts commercial production at Deacon

2008-03-31 07:07 MT - News Release

Mr. John Robins reports

BRILLIANT MINING CORP.: PRODUCTION COMMENCES 18 MONTHS AFTER DISCOVERY AT HIGH-GRADE DEACON OREBODY LANFRANCHI NICKEL MINE, KAMBALDA DISTRICT OF WESTERN AUSTRALIA

Brilliant Mining Corp. has commenced commercial production from the recently discovered high-grade Deacon orebody at the Lanfranchi nickel mine, Kambalda district, Western Australia.

Key point summary (100-per-cent basis):

* Commencement of production at Deacon with a probable reserve of 1.7 million tonnes grading 2.54 per cent Ni for 43,000 tonnes (95 million pounds) contained Ni metal;
* Deacon orebody -- 18 months from discovery to production;
* Deacon will significantly contribute to the ramp-up in production at the Lanfranchi nickel mine targeted at 400,000 tonnes grading 2.65 per cent for 10,500 tonnes (23.1 million pounds) Ni metal for calendar 2008.

The Deacon orebody -- a success story

The Deacon orebody was discovered in September, 2006, and subsequent drill delineation, resource estimation, reserve modelling and capital development were completed in 18 months. The Deacon orebody now represents 70 per cent of the proven and probable reserves for the entire property. This highlights the overall exploration potential for the project and the ability to bring a new discovery into production within a short time frame.

Planned increase in production at Lanfranchi mine

The company announced a preliminary production forecast (see news release in Stockwatch dated May 29, 2007) for the high-grade Lanfranchi nickel mine and remains on track to achieve targeted production levels. The commencement of mining from Deacon signals a major milestone for the Lanfranchi mine as the scales dramatically shift from capital development toward production with four out of five scheduled orebodies now in production. An updated production forecast is currently under way and expected to be finalized by the end of the second quarter 2008.