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Brilliant Mining Corp (C-BMC) - News Release
Brilliant releases Michikamau grab samples
2006-08-30 18:45 ET - News Release
Shares issued 46,310,392
BMC Close 2006-08-30 C$ 0.85
Mr. Mike Sieb reports
BRILLIANT MINING PROVIDES MICHIKAMAU UPDATE: DRILLING COMPLETED AND FINAL PROSPECTING RESULTS RELEASED
Brilliant Mining Corp. is releasing an update on the company's 100-per-cent-owned Michikamau Ni-Cu-Co-PGE project located in west-central Labrador.
Key point summary:
prospecting identifies nickel-copper-cobalt-PGE (platinum group element) surface showing; five grab samples average 1.14 per cent Ni, 0.67 per cent Cu and 0.194 per cent Co;
initial drill program completed with assays pending; 12 drill holes -- 1,244 metres;
brilliant increases Michikamau land position by 300 per cent to 488 square kilometres; and
10 out of 12 holes intersect shallow conductive sulphide mineralization.
"Our prospecting results confirm the potential at Michikamau," states Brilliant president Mike Sieb. "We have successfully identified nickel-bearing sulphides on surface and await assays from our drill campaign."
Prospecting identifies Ni-Cu-Co-PGE showing
The Sword Far North nickel-copper-cobalt showing was discovered by a Brilliant field crew during preparation for the 2006 drill program at Michikamau. Five grab samples were collected and returned average grades of 1.14 per cent Ni and 0.194 per cent Co with one sample grading 1.62 per cent Cu.
Table 1 SWORD FAR NORTH NI-CU-CO-PGE SHOWING ANALYTICAL RESULTS
Grab sample Ni% Cu% Co% Au g/t Pt g/t Pd g/t S%(1)
06RCP300 1.28 0.43 0.213 0.019 0.125 0.007 27.9
06RCP301 0.74 0.88 0.124 0.052 0.020 0.006 17.1
06RCP302 1.07 0.33 0.178 0.019 0.043 0.013 22.9
>
06RCP303 1.33 0.07 0.222 0.001 0.026 0.005 25.2
06RCP304 1.28 1.62 0.233 0.051 0.005 0.011 26.0
(1) The sulphur content (S per cent) is provided to help estimate total sulphide content of each sample.
The Sword Far North showing is a rusty one-to-two-metre-wide zone outcropping in the base of a small creek consisting of semi-massive to massive pyrrhotite with visible chalcopyrite in a troctolite host. The strike extent and thickness of the sulphide zone were not determined. The showing is located 500 m north of the Sword North conductive target, one of the targets selected to be drilled as part of the 2006 drill program, and is coincident with a weak conductor originally designated a lower priority target. Following the discovery of the Sword Far North showing, the coincident geophysical conductor was modelled and a drill hole was proposed and drilled 100 m north (MK-06-13) of the showing to test the apparent centre of the geophysical anomaly.
Michikamau 2006 drill program summary
The August, 2006, drill program was composed of 12 core holes targeting five conductive zones and totalled 1,244 m. Sulphides were intersected in varying amounts and explain the targeted conductors in all but two of the drill holes (MK-06-08 and MK-06-13). However, the conductor targeted by hole MK-06-13 may be correlated with the sulphides observed on surface 100 m to the south at the Sword Far North showing.
Table 2 MICHIKAMAU AUGUST, 2006, DRILL SUMMARY
Length
Drill hole Anomaly Mag EM (m)
MK-06-01 Juno moderate normal strong 144
MK-06-02 Juno neutral moderate 102
MK-06-03 King moderate normal strong 90
MK-06-04 King moderate normal moderate 101
MK-06-05 King neutral moderate 68
MK-06-06 Sword North weak to mod normal strong 85
MK-06-07 Sword South neutral moderate 90
MK-06-08 Omaha moderate normal strong 102
MK-06-09 Omaha strong normal moderate 140
MK-06-10 Utah neutral to weak normal strong 89
MK-06-11 Utah weak normal strong 143
MK-06-13 Sword Far North weak normal weak-moderate 90
(1) Hole MK-06-12 was not drilled as part of this program.
The last hole was shut down on Aug. 25, 2006, with all samples currently in transit or pending at the ALS Chemex prep laboratory in Sudbury with pulps to be analyzed at the ALS Chemex laboratory in Vancouver. Brilliant is expecting four to six weeks for receipt of final analytical results from the 2006 drill program.
The drill program tested five of seven conductive zones refined by a high-resolution AeroTEM airborne magnetic and electromagnetic survey. The conductive zones form part of two distinct trends observed within the survey area striking north-south for five kilometres and east-west for greater than two km in length. Twenty-seven individual conductors, within the zones, were modelled with drill priority assigned to those targets of sufficient size exhibiting classical nickel sulphide signatures. All of the selected drill targets have been modelled in close proximity to the surface with the tops of the conductors not exceeding a depth of 75 m below surface.
Michikamau project landholdings
Upon completion of the 2006 drill program, Brilliant increased its landholdings to 488.25 square km from 116.5 square km by the recording of mineral licences totalling an additional 371.75 square km. The company now controls the majority of the available surface area underlain by the Michikamau intrusive complex.
Images and details discussed in this Michikamau update can be viewed on Brilliant's website.
About 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 largest conductive zone encompasses an 800 m by 1,000 m area. The best exploration targets are near surface, shallow dipping, strong conductors with coincident moderate-high magnetic responses. The property is proximally situated to existing infrastructure including the Churchill Falls hydroelectric facility.
The project is supervised by Rob Carpenter, PhD, PGeo, a director of Brilliant and is the qualified person as defined in National Instrument 43-101.
ALS Chemex is a recognized laboratory employing the following analytical procedure on the reported samples. The received sample is logged in the tracking system, weighed, dried and finely crushed to better than 70 per cent passing a two-millimetre (Tyler 10 mesh) screen. A split of up to 250 grams is taken and pulverized to better than 85 per cent passing a 75-micron (Tyler 200 mesh) screen. The prepared sample is subjected to four-acid digestion (0.4 g is digested with nitric, perchloric and hydrofluoric acids with Hydrochloric acid subsequently added for further digestion). The resulting solution is analyzed by inductively coupled plasma-atomic emission spectrometry. Results are corrected for spectral interelement interferences. QA/QC consists of the insertion of one method blank, two standards and one duplicate sample. |
