Brilliant Mining Corp.
TSX VENTURE : BMC

Brilliant Mining Corp.

October 23, 2006 09:00 ET

Brilliant Mining Corp.: 2006 Drill Program Identifies Extensive Near-Surface Ni-Cu-Co Sulphide Zones

Michikamau Ni-Cu-PGE Property, Labrador

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 23, 2006) - Brilliant Mining Corp. (TSX VENTURE:BMC) ("Brilliant" or the "Company") has received the final batch of analytical results from the 2006 drill program on the Company's 100% owned Michikamau Ni-Cu-Co-PGE Project located in west central Labrador.

Key Point Summary:

- Successfully delineated near surface Ni-Cu-Co sulphide zones across a 4 km x 5 km area

- Surface showing indicates high-nickel content potential with grab samples averaging 1.14% Ni, 0.67% Cu and 0.194% Co

- Comparison of Ni:S ratios between the surface showing and drill intersections reveal two distinct populations for nickel enrichment

- Comprehensive Phase 2 program reviewed for 2007

Michikamau 2006 Exploration Program Summary

The August 2006 drill program successfully identified the presence of Ni-Cu-Co sulphide bearing units in close proximity to the surface across a 4 km x 5 km area. Table 1 highlights the significant intersections encountered.

"Exploration has successfully revealed an extensive area of Ni-Cu-Co sulphides with indications that an elevated nickel enrichment phase exists on the Michikamau property," states Brilliant president Mike Sieb. "The aim of the 2007 program will be to determine the near surface bulk tonnage potential and identify the higher grade zones within the mineralized system".

The drill program was comprised of 12 core holes (MK06-01 to MK06-11 and MK06-13) targeting 5 conductive zones totaling 1,244 metres. The drill program tested 5 of 7 conductive zones refined in 2006 by a high-resolution AeroTEM airborne magnetic and electromagnetic survey. Only 2 out of 12 holes did not intersect a sulphidic interval and with the lack of any other observed attributable cause for the EM conductors it is highly probable that all conductors detected by the geophysical survey are produced by sulphide bearing units.

The 'Sword Far North' nickel-copper-cobalt showing discovered by a Brilliant field crew during preparation for the 2006 drill program at Michikamau returned an average grade of 1.14% Ni and 0.194% Co with one sample grading 1.62% Cu from 5 grab samples (previously released Aug. 30, 2006). The nickel to sulphur ratios observed from the surface showing are interpreted as a separate and discrete population with an elevated nickel content compared to the sulphides intersected in the 2006 drill holes. The two observed Ni sulphide populations indicate that a complex nickel enrichment history exists within the Michikamau Property.



Table 1: Significant Drill Results
------------------------------------------------------------------------
SX%
HOLE ZONE FROM TO INTERVAL Ni% Cu% Ni+Cu% Co% MAX(4)
------------------------------------------------------------------------
MK06-01 Juno 44.70 55.20 10.50 0.36 0.31 0.67 0.070 50%
------------------------------------------------------------------------
MK06-02 Juno 37.60 40.70 3.10 0.46 0.40 0.86 0.089 65%
and 47.19 48.70 1.51 0.52 0.16 0.68 0.103 70%
------------------------------------------------------------------------
MK06-05 King 28.26 35.22 6.96 0.19 0.25 0.45 0.057 45%
including 33.33 35.22 1.89 0.33 0.56 0.89 0.092 45%
------------------------------------------------------------------------
Sword
MK06-07 South 46.97 48.67 1.70 0.33 0.11 0.43 0.102 50%
and 74.55 76.27 1.72 0.15 0.22 0.37 0.048 40%
------------------------------------------------------------------------
MK06-10 Utah 35.38 43.76 8.38 0.10 0.10 0.20 0.034 35%
and 62.11 67.36 5.25 0.08 0.20 0.28 0.028 35%
------------------------------------------------------------------------
MK06-11 Utah 112.57 115.62 3.05 0.18 0.19 0.37 0.054 40%
and 117.16 118.60 1.44 0.39 0.25 0.64 0.109 50%
and 126.95 129.81 2.86 0.16 0.18 0.33 0.048 45%
and 134.56 136.34 1.78 0.25 0.14 0.39 0.072 55%
------------------------------------------------------------------------
(1) All measurements in metres
(2) Holes MK06-03, 04, 06, 08, 09 and 13 did not contain a significant
intersection
(3) Hole MK06-12 was not drilled
(4) SX% MAX column represents approximated maximum sulphide content for
an individual sample within the highlighted interval
(5) Holes MK06-01 and MK06-02 previously released September 25, 2006


A comprehensive analysis will be performed on the data collected from the entire 2006 exploration program to determine the scope of the next phase of exploration on the Michikamau property and surrounding region.

The conductive zones form part of two distinct trends observed within the survey area striking north-south for 5 kilometres (km) and east-west for greater than 2km in length. Twenty-seven individual conductors, within the zones, were modeled with drill priority assigned to those targets of sufficient size exhibiting classical nickel sulphide signatures.

Images of the conductive zones and relative drill hole locations can be viewed on our website at www.brilliantmining.com.

Michikamau Property

The Michikamau Property ("Property") covers 488.25km2 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 (27) high to medium conductors have been identified on the Property, hosted in troctolite within the interpreted throat "feeder" zone. The Property is proximally situated to existing infrastructure including the Churchill Falls hydroelectric facility.

The project is supervised by Rob Carpenter, Ph.D., P.Geo. a Director of Brilliant, and is the qualified person as defined in National Instrument 43-101.

Analytical Technique

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 % passing a 2 mm (Tyler 10 mesh) screen. A split of up to 250g is taken and pulverized to better than 85 % passing a 75 micron (Tyler 200 mesh) screen. The prepared sample is subjected to four acid digestion (0.4g 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.

Brilliant Mining

Brilliant Mining Corp. (BMC: TSXV) is focused on the production, development and exploration of nickel opportunities world wide. The Company currently has a 25% interest in the Tramways Tenements which is host to 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.

Contact Information