Announcements 2006

Initial South African Uranium Rights Granted

17 October 2006

The Company is pleased to announce that the Republic of South Africa's Department of Minerals and Energy ("DME") has granted a prospecting right for two portions of the Waterval Prospect (comprising Portion 9 of Branderwyns Ghat 214 and the Remainder of Portion 3 of Branderwyns Ghat 214), and the Remainder of Portion 1 of Langleegte 304 of the Rietkuil Prospects to Brinkley Mining's subsidiary, Western Uranium (Proprietary) Limited ("Western Uranium").

The DME has requested that any outstanding matters regarding the application are finalized and that any further relevant documents are submitted to the DME by no later than 13 November 2006. The DME will sign the right on or before 30 November 2006. Brinkley believes that currently there are no outstanding matters and that the signing of the right will proceed on schedule.

In the Competent Persons Report prepared by SRK Consulting as set out in the Company's admission document dated 31 May 2006, SRK Consulting reported that the Waterval Farm (in respect of which Western Uranium has now been awarded the prospecting rights over two of the three portions, equivalent to 2,515 hectares of the total 3,601 hectares applied for) has non-compliant historical mineral resources of between 39,000 and 50,590 tonnes of uranium and molybdenum mineralisation with an insitu grade of 1,690 and 1,820 parts per million ("ppm") of Uranium Oxide. SRK Consulting estimated Brinkley's exploration potential on the whole of the Waterval Farm to be between 10 million and 21 million lbs of Uranium Oxide.

In relation to the Rietkuil Farm (in respect of which Western Uranium has now been awarded the prospecting rights over one of the three portions, equivalent to 218 hectares of the total 7,341 hectares applied for), SRK Consulting reported that the prospect has non - compliant historical mineral resources of 1,152,115 of uranium and molybdenum mineralisation with an insitu grade of 1,788 ppm of Uranium Oxide. SRK Consulting estimated Brinkley's exploration potential on whole of the Rietkuil Farm to be between 12 million and 25 million lbs of Uranium Oxide.

In it's reporting of resources over the Waterval Farm and Rietkuil Farm prospects, SRK Consulting did not assign historical resources and estimations of exploration potential to specific portions of the farm, and as such at this stage there is not a specific resource assigned to each portion of the prospects.

Western Uranium applied for prospecting rights in aggregate over five farms in the Karoo made up of 22 portions which are considered to host significant uranium resources. Western Uranium owns the freehold on the Waterval Farm which encompasses two of the granted portions. The Waterval Farm was historically drilled by Essex Minerals Company in the late 1970s. The third portion granted is located on the prospective Rietkuil Farm which Western Uranium has sole ownership rights to.

The Company has also today partnered with an additional Historically Disadvantaged South African ("HDSA") partner, Summer Days Trading 3 (Proprietary) Limited ("Summer Days"). A new Shareholders Agreement has been signed which complies with new Black Economic Empowerment policies proposed by the DME. Summer Days is a HDSA women's group based in Cape Town whose directors include Ms Ncedi Mayekiso and the former mayor of Cape Town, Ms Noma-India Mfeketo.

Under the terms of the new Shareholders Agreement, in the initial period until a decision is made to develop a project (a "Development Decision"), Brinkley Mining will own 49% of Western Uranium, Summer Days will own 26% and Blue Nightingale 709 (Proprietary) Limited ("Blue Nightingale") will own 25%. As the single largest shareholder in Western Uranium, Brinkley Mining retains Board control and the right to appoint the Chief Executive Officer.

During the exploration phase prior to the Development Decision, Summer Days and Blue Nightingale will benefit from a 26% free carried interest in Western Uranium. Brinkley Mining will fund Summer Days' and Blue Nightingale's additional contributions by way of a loan. This loan will be non-recourse to Summer Days and Blue Nightingale in the absence of a Development Decision but will be repaid from 70% of cash flow due to Summer Days and Blue Nightingale once production has commenced.

Once a Development Decision has been made Brinkley Mining has no ongoing obligations to maintain a free carried interest or provide loan finance to Summer Days or Blue Nightingale but will assist them to procure finance.

Western Uranium's current budget to carry out the work necessary to reach a Development Decision on the prospecting rights over five farms in the Karoo is in the vicinity of £4 million.

In recognition of Summer Days contribution in the process of applying for and receiving prospecting rights, Brinkley Mining has agreed to issue, subject inter alia to approval by the South African Reserve Bank, 6.5 million new Brinkley ordinary shares to Summer Days at par value. These shares will be subject to a 12 month lock-in arrangement from the date of issue. A further announcement will be made in due course.

Gerard Holden, Non-Executive Chairman of Brinkley Mining commented:

"We are delighted to have been granted our first prospecting rights and look forward to the processing of the remaining applications. These rights now provide us with the opportunity to commence our exploration and evaluation program on these strategic assets for South Africa."

Qualified Person

Kiran Morzaria B.Eng (ACSM), (FGS), MBA, has reviewed the information contained in this announcement. Kiran holds a Bachelor of Engineering (Industrial Geology) from the Camborne School of Mines and an MBA (Finance) from CASS Business School. He has compiled, read and approved the technical disclosure in this regulatory announcement.

For further information, please contact:

Brinkley Mining Plc
Gerard Holden, Chairman
Alan Thom, Chief Operating Officer
Bruce Stewart, Investor Relations Manager
Tel +44 (0) 207 016 5108
Fax +44 (0) 207 016 5101

Beaumont Cornish Limited
Michael Cornish, Director
Tel +44 (0) 20 7628 3396
Fax +44 (0) 207628 3393

Arbuthnot Securities Limited
Graham Swindells
Tel +44 20 7012 2000

Parkgreen Communications
Justine Howarth, Ana Ribeiro
Tel +44 (0) 20 7493 3713
Fax +44 (0) 20 7491 3936