Announcements 2007
Execution of Prospecting Rights over Waterval and Rietkuil
13 February 2007
Brinkley Mining Plc (AIM: BRM) is pleased to announce that its associate company, Western Uranium (Pty) Limited ("Western Uranium"), has confirmed that it has met with the Republic of South Africa's Department of Minerals and Energy ("DME") and has executed and notarised the prospecting rights which were granted over the areas in Waterval and Rietkuil previously announced by the Company on 13 October 2006. Additionally the area called remainder of Krugel's claim 459 was executed and notarised.
Accordingly, the table below summarises the current status of Western Uranium's Waterval / Rietkuil application:
Prospects |
Hectares |
Status |
|---|---|---|
Waterval Prospect (3,600 ha total) |
||
| Remainder of Krugel's Claim 459 | 1,085 | Prospecting Right Granted, Executed and Notarised |
| Portion 9 of Brandewyns Ghat 214 | 838 | Prospecting Right Granted, Executed and Notarised |
| Remainder of Portion 3 of Brandewyns Ghat 214 | 1,677 | Prospecting Right Granted, Executed and Notarised |
Rietkuil Prospect (7,342 ha total) |
||
| Portion 9 of Rietkuil 307 | 2,155 | Application Accepted by the DME |
| Remainder of Rietkuil 307 | 4,969 | Application Accepted by the DME |
| Remainder of Portion 1 of Langleegte 304 | 218 | Prospecting Right Granted, awaiting execution |
Western Uranium intends to commence airborne reconnaissance, detailed geological mapping, re-sampling of previous drill holes and a new drilling programme at the earliest opportunity.
Gerard Holden, Executive Chairman of Brinkley Mining commented:
"We are delighted to have completed the execution of these prospecting rights. We look forward to commencing exploration activities immediately for these prospects over which Western Uranium has exclusive access and ownership rights."
For further information, please contact:
Brinkley Mining plc
Gerard Holden, Chairman
Donald Strang, Finance Director
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, Clare Irvine
Tel +44 (0) 20 7851 7480 Fax +44 (0) 20 7494 9023
