Brinkley Mining - Southern Sudan
Brinkley Mining's wholly-owned subsidiary, Brinkley Mining Project 4 Ltd, has a provisional prospecting license ("PPL") for the exclusive exploration of Uranium and associated minerals over an area of over 5,000km2 of Budi County, Eastern Equatoria State, Southern Sudan. The PPL was effective until 21 February 2009 and is renewable annually thereafter. Application for renewal was submitted to the Southern Sudanese authorities on 18 February 2009 and is currently being processed. There is no reason to believe that the application will not be granted. The PPL, however, is deemed provisional as there currently exists no formal mining law in Southern Sudan and accordingly there can be no certainty that on introduction of a formal mining law that the PPL will be renewed or continue to be valid.
The exploration program is being carried out through a joint venture agreement with New Kush Exploration and Mining Company Limited.
The main exploration effort during 2008 jointly funded by the Joint Venture consisted of flying 59,000 line km airborne aeromagnetic and radiometric survey of the property. Since then, work has focused on interpreting the aeromagnetic and radiometric data and integrating it with a detailed Landsat interpretation to produce a GIS based regional-scale map of the geology of the Budi concession area. A comprehensive fieldwork program is planned for late in the year after the end of the rainy season. The fieldwork will include mapping, stream sampling and radiometric sampling.
