Vancouver, B.C. - Brilliant Mining Corp. (BMC:TSXV) ("Brilliant" or the "Company") has received the final batch of analytical results from the 2006 drill program on the Company´s 100% owned Michikamau Ni-Cu-Co-PGE Project located in west central Labrador.
Key Point Summary:
-
Successfully delineated near surface Ni-Cu-Co sulphide zones across a 4 km x 5 km area
-
Surface showing indicates high-nickel content potential with grab samples averaging 1.14% Ni, 0.67% Cu and 0.194% Co
-
Comparison of Ni:S ratios between the surface showing and drill intersections reveal two distinct populations for nickel enrichment
-
Comprehensive Phase 2 program reviewed for 2007
Michikamau 2006 Exploration Program Summary
The August 2006 drill program successfully identified the presence of Ni-Cu-Co sulphide bearing units in close proximity to the surface across a 4 km x 5 km area. Table 1 highlights the significant intersections encountered.
"Exploration has successfully revealed an extensive area of Ni-Cu-Co sulphides with indications that an elevated nickel enrichment phase exists on the Michikamau property," states Brilliant president Mike Sieb. "The aim of the 2007 program will be to determine the near surface bulk tonnage potential and identify the higher grade zones within the mineralized system".
The drill program was comprised of 12 core holes (MK06-01 to MK06-11 and MK06-13) targeting 5 conductive zones totaling 1,244 metres. The drill program tested 5 of 7 conductive zones refined in 2006 by a high-resolution AeroTEM airborne magnetic and electromagnetic survey. Only 2 out of 12 holes did not intersect a sulphidic interval and with the lack of any other observed attributable cause for the EM conductors it is highly probable that all conductors detected by the geophysical survey are produced by sulphide bearing units.
The