Announcements 2007

Update from the Waterval Project, South Africa

16 July 2007

Brinkley Mining is pleased to report initial results of its diamond drilling and down-the-hole radiometric survey from the Waterval Project in South Africa.

The diamond drill programme has tested the first of three drill targets identified from the eleven radiometric anomalies which were identified as a result of the airborne geophysical survey carried out in March this year. A total of 2,120.98 metres has been drilled and 27 holes have been tested to date. In addition, the down-the-hole radiometric survey of historical holes has been ongoing since April this year and 50 of the 450 previously drilled holes have been surveyed.

The initial results have revealed two uraniferous palaeochannel horizons.

In the first uraniferous horizon, which is between 35 and 45 metres below the surface, four palaeochannel channels between 0.30 and 2 metres thick and approximately 30 metres wide have been discovered. The exploration to date has confirmed that these channels extend over 1,000 metres and that the deposit is open to the north east. The scintolometer readings from both the down-the-hole radiometric survey and the diamond drill programme have varied between 500 and 6,000 counts per second. These values approximately correlate to 500 and 6,000 parts per million ("ppm") of U3O8, with an average of approximately 1,500 ppm of U3O8.

The second uraniferous horizon has been identified at between 9 and 13 metres below surface. Sample readings from this horizon have yielded scintolometer readings of the order of 2,000 counts per second, which correlates to approximately 2,000 ppm of U3O8.

The cores from these mineralized zones are being dispatched for assay in South Africa, to confirm the U3O8 grade and also to identify the Molybdenum content.

Exploration is progressing rapidly and the Directors estimate that the Company will drill a further 6,000 to 7,000 metres over the next months with the objective of providing a resource statement by the end of September this year.

Gerard Holden, Executive Chairman of Brinkley Mining, commented:

"We are very pleased with the rapid progress made at the Waterval Prospect. The results appear to be consistent with the historical estimates. We are looking forward to the next few months and the preparation of a resource statement in September this year."

For further information, please contact:

Brinkley Mining Plc
Gerard Holden, Chairman
Donald Strang, Finance Director
Bruce Stewart, Investor Relations
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

Parkgreen Communications
Justine Howarth, Clare Irvine
Tel +44 (0) 20 7851 7480 Fax +44 (0) 20 7494 9023

Notes for Editors

Background on Waterval

The Waterval uranium deposit, like most of the deposits in the Karoo, is a typical sedimentary sandstone-type deposit. This deposit was explored in the 1970's by both Union Carbide Corporation and The Essex Mineral Company and in the early 1980's by the Geological Survey. During these various phases of exploration two uraniferous outcrops were identified which form prominent cliffs varying in thickness between 4 metres and 24 metres. Approximately 150 previous holes on a 100 metre by 100 metre grid were drilled. The drilling encountered uranium mineralization as shallow as 8 metres to 13 metres in depth and at an average thickness of 1.04 metres. The average grade was calculated to be between 1,690 and 1,820 parts per million ("ppm") uranium oxide ("U3O8") and 910 ppm molybdenum ("Mo").

SRK Consulting stated in their competent persons' report which was included in the Company's admission document dated 31 May 2006 (the SRK Report"), that based on the assumption that between 5% and 10% of the area underlain by uraniferous sandstone may be mineralised and typical mineralization grades for Waterval, the magnitude of the total in-sit mineralization that the Company is targeting in its exploration is likely to fall within a range of 11 million and 21 million pounds of U3O8 and between 5 million and 11 million pounds of Mo. The following table is extracted from the SRK Report. It should be noted that these numbers do not constitute or claim to be a mineral resource under any of the modern internationally accepted standards for reporting mineral resources.

Prospect	Area underlain by uraniferous sandstone	Estimated frequency of mineralization (as portion of area underlain by uraniferous sandstone)
Waterval	28.5 km2	5%	10%
U3O8 target (lb U3O8)		10,815,750	21,631,500
Mo target (lb Mo)		5,768,400	11,536,800

Qualified Person

Kiran Morzaria has reviewed the information contained in this announcement. Kiran Morzaria holds a B. Eng Honours degree in Industrial Geology and a MBA in Finance. Kiran is a Non-executive director of Brinkley Mining. He has compiled, read and approved the technical disclosure in this regulatory announcement.