Brilliant Mining Corp.

Brilliant Mining Corp.

October 30, 2007 08:00 ET

Brilliant Mining Corp.: Winner Production Commenced Oct. 14-First Month Ore Deliveries Grade 6.6% Ni, September 2007 Quarterly Update

Lanfranchi Nickel Mine, Kambalda District of Western Australia

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 30, 2007) - Brilliant Mining Corp. (TSX VENTURE:BMC) ("Brilliant" or the "Company") today reported that production from the high-grade Winner orebody commenced on October 14, 2007 and provided an ore delivery summary for the Quarter ending September 30, 2007 ("September 2007 Quarter") from its 25% owned Lanfranchi Nickel Mine, located in the world class Kambalda Nickel District of Western Australia.

Key Point Summary:

- Winner ore production commences, ore deliveries total 2,600 tonnes of ore grading 6.6% Ni for 172 tonnes of Ni metal

- September 2007 Quarterly ore delivery steady at 52,523 tonnes of ore grading 2.08% Ni for 1,098 tonnes of Ni metal

- Lanfranchi Mine on target to produce 8,000 tonnes of Ni metal for the July 07 - June 08 production year

"The commencement of production from the high-grade Winner orebody is the successful culmination of 12 months of development" states John Williamson, CEO of Brilliant Mining. "The ability to source ore from multiple orebodies is a critical milestone in achieving our production goals".

Quarterly Production

The Lanfranchi JV delivered 52,523 tonnes of ore with an average grade of 2.08% Ni for 1,093t Ni contained during the September 2007 Quarter. The past three quarters reflect steady production from the Helmut South orebody during a period where the majority of the workforce has been focused on capital development to access additional sources of ore (i.e. two out of three mine crews dedicated to Winner, Deacon and Lanfranchi Extension development).

Table 1 - Lanfranchi Mine Ore Deliveries Quarterly Summary - 100% Basis (i)(ii)

3 months 3 months 3 months
ending ending ending
Area Details Units 30 Sep 2007 30 Jun 2007 31 Mar 2007
Ore Delivered Ore delivered dmt 52,523 57,558 52,082
Ni grade % 2.08 2.22 2.21
Ni metal
contained dmt 1,093 1,278 1,150
Cu grade % 0.19 0.20 0.19
(i) 25% of the reported ore deliveries or production is attributable to
Brilliant Mining Corp.
(ii) DMT equals dry metric tonnes, T equals tonnes, Lbs equals pounds

Winner High-grade Orebody

Ore production from the high-grade Winner orebody commenced on October 14, 2007 contributing 2,600 tonnes of ore grading 6.6% Ni for 172 tonnes of contained Ni metal and will be included in the subsequent December 2007 quarterly production figures. Ore sourced from Winner will be a key component for future growth with global production for the Lanfranchi Nickel Mine on track to reach the forecast production level of approximately 8,000 tonnes of contained Ni metal for 2007/08 (June mine year end).

Lanfranchi Orebody

To date, 50 holes totalling 5,808 metres have been completed as part of the Lanfranchi extension underground resource delineation drill program. Assay results from 23 previously unreleased drill holes are listed in Table 2 below. Nickel sulphide mineralization has been extended 80 metres down plunge from the lowest production level and across widths exceeding 200 metres. The Lanfranchi Nickel deposit remains open at depth and drilling is ongoing.

Grades and thicknesses encountered in the drill program are consistent with past production experience at Lanfranchi. Under the previous operator, the Lanfranchi deposit produced 1.4 million tonnes of ore grading 2.32% Ni, along a 1.4km plunge extent, with true thickness generally ranging from 1 to 3 metres. Mining widths across the deposit have historically ranged between 100 to 200 metres.

Six drill holes along the western margin of the drill program have intersected broad intervals of high-grade massive nickel sulphide mineralization. Results for three highlighted holes are 24.1m grading 5.37% Ni from LAN127, 13.8m grading 7.46% Ni from LAN137 and 33m grading 11.3% Ni from LAN148. An initial interpretation suggests a very low intercept angle for the intersections with the mineralization situated in the footwall basalt sequence marginally below the normal ultramafic/basalt contact target horizon and with an estimated true thickness of 1-2 metres. The massive Ni sulphide zone appears open both up and down-plunge and possibly to the west. Once the program is completed all results will be modeled for a better understanding of the extent and orientation of this high-grade mineralized zone.

Figure 2: Lanfranchi Extension Drill Plan and Intercepts is available at the following web link:

Table 2: Drill Results from extensional drilling of the Lanfranchi Ni deposit (1)

Drill Target From To Interval
Hole ID Level (m) (m) (m) Ni%
LAN159 -360 68.00 81.24 13.24 4.26
LAN160 -360 63.00 69.06 6.06 6.07
LAN161 -360 71.66 72.00 0.34 2.98
LAN162 -360 79.00 79.72 0.72 2.81
LAN163 -360 86.10 90.17 4.07 1.26
LAN164 -360 61.30 63.70 2.20 2.83
LAN165 -360 65.00 68.00 3.00 1.42
LAN166 -360 75.00 78.90 3.90 7.12
LAN167 -360 - - - NSR
LAN168 -360 81.00 84.00 3.00 1.07
LAN169 -360 97.00 110.00 13.00 4.44
LAN170 -360 109.00 124.63 15.63 4.53
LAN150 -380 90.00 95.17 5.17 4.60
LAN151 -380 71.00 79.00 8.00 3.35
LAN152 -380 - - - NSR
LAN153 -380 82.00 87.80 5.80 2.19
LAN154 -380 93.15 95.50 2.32 2.76
LAN155 -380 99.00 108.50 9.50 1.44
LAN156A -380 123.00 125.00 2.00 0.96
LAN171 -380 97.30 98.80 1.50 11.78
LAN174 -380 111.18 112.70 1.52 8.83
LAN157 -400 119.00 122.00 3.00 6.67
LAN158 -400 114.90 116.20 1.30 4.91
(1) True thicknesses are undetermined at this time. Intercept length to
true thickness conversion will vary based on angle of drill hole
relative to the orientation of the target horizon. Expected intercept
angles range from near perpendicular to sub-parallel. NSR: no
significant results.

Production Forecast 2007/08(i)

The preliminary production forecast for the high-grade Lanfranchi Nickel Mine is 8,000 tonnes (17.6 million lbs) contained Ni metal in 2007/08 (12 months ending June 08) based on approximately 300,000 tonnes of ore deliveries at 2.65% Ni. This forecast represents a 50% increase on the 2006/07 (12 months ending June 07) actual ore deliveries from the Lanfranchi Mine of 5,189 tonnes of Ni metal.

The main factors contributing to the significant ramp-up in production are:

- Ore from the now producing Winner orebody(1) with a reserve grading 4.28% Ni; and

- Ore from Deacon(2) with an indicated resource grading 3.09% scheduled for first development ore production November 2007 and first longhole stope ore production March 2008.

Production Target 2008/09(i)

Based on the previously delineated resource and reserve inventory, the recent exploration success at Lanfranchi and Deacon, and the continued investment in plant and infrastructure the Lanfranchi Nickel Mine's potential production target for the 2008/09 (12 months ending June 09) operating year is approximately 13,250 tonnes (29.2 million lbs) contained Ni metal. This forecast represents a 150% increase on the 2006/07 (12 months ending June 07) actual ore deliveries. This rate of production is achievable provided the ramp-up at Deacon(2) and Winner progresses on schedule.

(1) See Company press release dated April 4, 2006 for details.

(2) See Company press release dated April 16, 2006 for details. Production of the Deacon Resource is contingent upon a positive feasibility study and subject to a development decision by the Lanfranchi Joint Venture.

Brilliant Mining Corp. owns a 25% interest in the Lanfranchi Joint Venture ("Lanfranchi JV"), which owns the Lanfranchi Nickel Mine together with associated infrastructure, mining leases and mineral claims. The remaining 75% interest in the Lanfranchi JV is held by Sally Malay Mining Limited.

The project is supervised by John Williamson, P.Geol., of Edmonton, Alberta. Mr. Williamson is CEO and a Director of Brilliant, and is the qualified person as defined by National Instrument 43-101.

About Brilliant Mining Corp.

Brilliant Mining Corp. is focused on the production, development and exploration of nickel opportunities world wide. The Company currently has a 25% interest in the producing Lanfranchi Nickel Mine in Western Australia and has 3 active nickel projects in Canada, including the Michikamau property in central Labrador.

On behalf of the Board of Directors

Mike Sieb, B.Sc., MBA

President, Brilliant Mining Corp.

Certain disclosures in this release, including management's assessment of Brilliant's plans and projects, constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to Brilliant's operation as a mineral exploration company that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. Brilliant expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

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

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