Brilliant Mining Corp.
Brilliant Mining Corp. is a junior resource company. The Company is engaged in the acquisition, exploration, development, and mining of mineral properties. It acquired two nickel exploration projects in Canada, including the Michikamau property in central Labrador. The Company's subsidiaries include Donegal Resources Pty Ltd., Donegal Mining Pty Ltd., Donegal Lanfranchi Pty Ltd., Lanfranchi Nickel Mine. Western Labrador is host to three mafic magmatic events with known Ni-Cu-Co-PGE mineralization: the Ossok Mountain Suite, the Shabogamo Suite, and the Michikamau Intrusion. The Michikamau property is within the Michikamau layered gabbro-anorthosite intrusion.
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The Australian stocks closed Friday with little change after falls from early highs. The benchmark S&P/ASX200 index declined one point, or 0.03 per cent, to 3344.5, while the broader All Ordinaries fell half a point, or 0.02 per cent, to 3296.9. With the reporting seasons over, the market focus will return to the economic data and RBA's rate cut decision this week.
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