BRILLIANT WELL PROJECT (90 TO 100% BRUMBY) 

Brilliant Well is located within the Archean granite-greenstone terrain approximately 40 kilometres north of Leonora and 10 kilometres south east of the Teutonic Bore and Jaguar VMS deposits. The Project area encompasses five contiguous granted Exploration Licenses totaling approximately 400 square kilometres; E37/799, E37/820 and E37/831 where Brumby has a 90 per cent interest and, E37/887 and E37/932, which are wholly owned by Brumby.

This north eastern part of the Norseman – Wiluna Archaean Greenstone belt hosts numerous historic (Gwalia) and recently discovered multimillion ounce gold deposits (Tarmoola, Darlot, Thunder Box), recently discovered NiCu sulphide deposits (Waterloo, Amorac) and CuZnAg (Jaguar) sulphide deposits.

The Brilliant Well prospect area encompasses a typical soil covered granite greenstone contact position and associated splay fault-shear zones.

Previous gold exploration programmes conducted along the eighteen kilometre long shear zone has returned numerous anomalous gold zones on wide spaced drilling centres.

Brumby Resources entered into a Joint Venture Agreement with Brilliant Gold Pty Ltd whereby Brumby Resources has earnt 95% equity in E37/799, E37/800 and E37/831.

The first phase of drilling was completed by Brumby during July 2007. The programme comprised 27 holes for approximately 1446 metres of air core drilling and was designed to validate some of the historic gold and base metal anomalies and also to test the priority 1 rated aeromagnetic – structural target zone along the Deep Well Shear Zone. 

The following gold intersections were recorded:

Hole number

N_AMG

E_AMG

From (m)      To (m)

Interval (m)      Assay Result. (g/tAu)

BRW002

6845462

330360

   51                   52

  1m              @               1.20  

BRW003

6845471

330471

   65                   68

  3m              @               1.96

BRW009

6845052

330685

   52                   54

  2m              @               0.24

BRW0011

6845060

330625

   18                   20

  2m              @               2.80

 

 

             Inc.

 

 

 

   19                   20

  1m              @               3.34

The results represent the highest gold intersections on the tenements to date and Hole BRW003 also contained anomalous arsenic and slightly elevated levels of copper-zinc-lead.

Compilation and interpretation of historical exploration data and the drilling results from this first phase programme, indicated that a volcanic sequence striking north easterly through the Brilliant Well Project tenements is prospective for VMS deposits, similar to the nearby Jaguar and Teutonic Bore deposits.

The next phase of exploration, being a VTEM survey specifically targeting VMS mineralization was flown during March 2008. A total of 791 line kilometres was flown with a further 36 kilometres of infill lines completed over the more prospective areas. The outline of the survey area is shown in the figure.

Preliminary data has been received and the initial interpretation by the Company’s geophysical consultant has identified a discrete bedrock conductor in the southwest of the tenement area. It is dipping steeply to the west, has good conductance with a strike length of approximately 200 metres and represents a good base metal exploration target.



LATEST ANNOUNCEMENTS
19.08.10 | Appendix 3B and Section 708A Notice
18.08.10 | Drilling Commenced at Balla Yule Project, WA
16.08.10 | Oakover Manganese Prospect - Update
16.08.10 | Share Placement

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