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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (21686)	9/21/2006 6:37:51 PM
From: LoneClone	Respond to of 78420

Jim Sinclair's in good with the president, and Tanzania is generally stable and very mining-friendly, but there have been some signs of instability lately with riots in Zanzibar, etc. LC

To: koan who wrote (21686)	9/22/2006 12:13:15 AM
From: wsw1	Respond to of 78420

koan, you are aware that Sinclair is long-time friends with Jakaya Kikwete, the president of Tanzania? i think the political climate couldn't be better for foreign companies...tanzania is trying to draw even more investment into the country, which can be seen as kikwete has been on a push to "sell" tanzania... there has been some concern about mining contract reviews ongoing in tanzania, but this is only concerning barrick and anglogold so far b/c of not paying taxes...an agreement was struck recently with barrick, so it seems the issues are being settled...

To: koan who wrote (21686)	9/25/2006 9:36:07 AM
From: siempre33	Read Replies (1) \| Respond to of 78420

BMC newz!... Brilliant Mining drills 10.5 m of 0.67% of Ni and Cu 2006-09-25 06:18 ET - News Release Mr. Mike Sieb reports JUNO CONDUCTIVE ZONE DRILL RESULTS MICHIKAMAU NI-CU-CO-PGE PROPERTY, LABRADOR Brilliant Mining Corp. has received analytical results for the first two holes of a 12-drill hole program from the Juno Conductive zone on the company's 100-per-cent-owned Michikamau Ni-Cu-Co-PGE (nickel-copper-cobalt-platinum group element) project located in west-central Labrador. Juno Conductive zone -- key point summary: 10.5-metre intersection grading 0.67 per cent combined nickel+copper and 0.07 per cent cobalt; 3.1-metre intersection grading 0.86 per cent combined nickel+copper and 0.09 per cent cobalt; near-surface sulphide zones; and drill holes MK06-01 and MK06-02 located 300 metres apart. "These initial nickel-copper-cobalt results are very encouraging as they demonstrate that the project area hosts significant occurrences of magmatic sulphides with near surface potential," states Brilliant president, Mike Sieb. Juno Conductive zone drill results Two drill holes (MK06-01 and MK06-02) located 300 metres apart were designed to test near-surface anomalies within the north-south Juno Conductive trend. The table highlights the significant intersections encountered: JUNO CONDUCTIVE ZONE SIGNIFICANT DRILL RESULTS From To Interval Hole (m) (m) (m) Ni% Cu% Ni+Cu% Co% MK06-01 44.7 55.2 10.5 0.36 0.31 0.67 0.070 MK06-02 37.6 40.7 3.1 0.46 0.40 0.86 0.089 MK06-02 47.2 48.7 1.5 0.52 0.16 0.68 0.103 Drill hole MK06-01 intersected a 10.5-metre interval with individual samples ranging from 20 to 60 per cent sulphide content. Drill hole MK06-02 intersected two 3.1- and 1.5-metre intervals with individual samples ranging from 20 to 60 per cent and 40 to 70 per cent sulphide content respectively. Michikamau 2006 drill program summary The August, 2006, drill program comprised 12 core holes (MK06-01 to MK06-11 and MK06-13) targeting five conductive zones and totalling 1,244 metres. The last hole was shut down on Aug. 25, 2006, with all remaining samples pending at ALS Chemex analytical laboratory. Brilliant expects two to three weeks for receipt of the rest of the 2006 drill program analytical results. 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 kilometres in length. Twenty-seven individual conductors within the zones, were modeled with drill priority assigned to targets of sufficient size exhibiting classical nickel sulphide signatures. All of the selected drill targets have been modeled in close proximity to the surface with the tops of the conductors not exceeding a depth of 75 metres below surface. 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.