BRILLIANT ANNOUNCES CLOSING OF $250,000 PRIVATE PLACEMENT

January 18, 2005
Brilliant Mining Corp. (the "Corporation") announces that it has closed the non-brokered private placement of 2,500,000 units ("Units") at a price of $0.10 per Unit for aggregate proceeds of $250,000.  Each Unit consisted of one common share of the Corporation ("Common Share") and one non-transferable share purchase warrant which entitles the holder to acquire one additional Common Share at a price of $0.20 at any time within two years of issuance.

The Units were issued to qualified purchasers in reliance upon registration and prospectus exemptions in the applicable jurisdictions.  The Common Shares and Warrants comprising the Units and the Common Shares issued upon exercise of the Warrants are subject to a restricted period which expires on May 19, 2005.

For further information, please contact:  Sean Mager, President and CEO at tel: (780)437-6624, fax:  (780) 439-7308.

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