News: Brilliant Mining - 2005

2009  |  2008  |  2007  |  2006  |   2005 

BRILLIANT ACQUISITIONS IN WESTERN LABRADOR



July 18, 2005

Brilliant Mining Corp. (BMC: TSXV) is pleased to announce that it has completed the acquisition of four distinct Ni-Cu-Co-PGE (Nickel-Copper-Cobalt-Platinum Group Element) properties in western Labrador.  The Michikamau, Ossok West, Ossok East, and Scoop Properties have been staked on the basis of anomalous mineralization and highly favourable regional geological criteria combined with proximity to infrastructure, such as road and rail access as well as hydro-electric generating facilities. Existing government geology and geochemistry data sets (till and lake sediment samples) were used to help prioritize targets from various suites of rocks.

Brilliant's Scoop property (total of 43 square kilometres) covers ground directly up-ice of the highest Palladium (34.9 ppb) and Platinum (22.5 ppb) result from a lake sediment survey recently released by the government of Newfoundland and Labrador. This result represents one of the highest Pd-Pt values obtained in publicly available data sets in all of Labrador and is several times higher than published lake sediment anomalies at the prolific Pd-Pt-Ni-Cu-Au deposit of Lac Des Iles in northern Ontario (see Economic Geology, vol. 99, p. 157-171).  The Scoop claims are underlain by gabbroic rocks of the Shabogamo Suite.  BHP-Billiton Ltd and their partner Gallery Resources Ltd have discovered Ni-Cu-PGE mineralization in similar rocks directly west of the Scoop claim block and are currently conducting drilling on their claims.

Brilliant's 100% interest in the Michikamau property (total of 116.5 square kilometres) covers the southern margin of the Michikamau Intrusion, which is thought to be highly favourable for hosting Voisey's Bay type Ni-Cu-Co-PGE mineralization. Previous minor exploration has identified Ni mineralization within the intrusion that texturally and mineralogically resembles brecciated Voisey's Bay ore. While Altius Minerals Ltd. and their joint venture partner Teck-Cominco have focused on targets within the adjacent eastern margin of the intrusion, previous government mapping and geophysical data (gravity and magnetics) indicate Brilliant's claims may cover the interpreted "throat" of the intrusion, which is critical for concentrating Ni sulphides in this geologic setting. 

Brilliant also owns 100% of two promising grassroots PGE-Ni-Cu properties located in the Ossok Mountain region of western Labrador.  The Ossok West and Ossok East properties (total of 120 square kilometres) are underlain by mafic to ultramafic rocks of the Ossok Mountain Suite.  Ossok West was staked in order to cover an anomalous PGE showing less than 1 kilometre from the Trans-Labrador Highway where an assay of 1.25 g/t Pd, 319 ppb Pt and 128 ppb Au was obtained from a grab sample by previous prospectors.  Ossok East was staked based on the presence of anomalous Ni and Cu from government lake sediment data. The Ossok Mountain Intrusive Suite has many attributes suggestive of high potential for the presence of PGE and related Ni-Cu mineralization, yet the region has remained virtually untested to date.

Western Labrador represents an under explored and largely over looked part of the "circum Superior" region, which includes the prolific Ni-Cu-PGE deposits at Sudbury, Ontario; Thompson, Manitoba; and Raglan, Quebec.  Western Labrador is host to at least three regionally significant mafic magmatic events with known Ni-Cu-Co-PGE mineralization: the Ossok Mountain Suite (ca. 1640 Ma age), the Shabogamo Suite (ca. 1420 Ma age) and the Michikamau Intrusion (ca. 1480 Ma age).  Known mineralization styles from these suites are diverse and have similarities with both Voisey's Bay type deposits that are rich in Ni-Cu-Co and Lac Des Iles-type deposits that host Pd-Pt-Cu-Ni-Au.

For more information, please contact:

Sean Mager, President and CEO at (780) 437-6624 ext.234

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



 
©2010 Discovery Group. All rights reserved.