Brilliant Proceeds to Arbitration Against the Government of Equatorial Guinea

Brilliant Resources Inc. (TSX VENTURE:BLT) (the "Company" or "Brilliant")
announces that, through its wholly-owned subsidiary, Ivory Resources Inc., it
has submitted a Request for Arbitration against the Republic of Equatorial
Guinea pursuant to the rules of arbitration of the International Chamber of
Commerce and the air transported geophysical exploration services agreement
between Ivory and the government of Equatorial Guinea (the "Exploration Services
Agreement").


The arbitration has been commenced following the failure of the government of
Equatorial Guinea to comply with the terms of the Exploration Services
Agreement. As previously disclosed, the government of Equatorial Guinea has
confirmed that Ivory Resources has met its obligations under the Exploration
Services Agreement by performing an aerial survey of the Rio Muni area of
Equatorial Guinea, interpreting the geological results and carrying out related
technical work (including a six week field program to validate the results of
the survey). Having met its obligations under the Exploration Services
Agreement, Ivory Resources is entitled to mining exploration concessions, chosen
by it, covering 15% of the Rio Muni area of the country. In addition, the survey
results and related data, as well as the location of the selected concessions,
remain subject to the confidentiality provisions of the Exploration Services
Agreement. Notwithstanding the Company's repeated good faith attempts to work
with the government of Equatorial Guinea to secure the mining contracts and
concessions to which Ivory Resources is legally entitled, the government, in
breach of its obligations, has failed to provide the selected concessions or to
provide the Company with compensation in lieu thereof.


Pursuant to the arbitration, Ivory Resources seeks damages, in the amount of
US$80 million, for breach of the terms of the Exploration Services Agreement by
the government of Equatorial Guinea.


NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking
statements" within the meaning of applicable securities laws, including
statements regarding the ability of the Company to enforce its rights under the
Exploration Services Agreement pursuant to the arbitration. This information and
statements address future activities, events, plans, developments and
projections. All statements, other than statements of historical fact,
constitute forward-looking statements or forward-looking information. Such
forward-looking information and statements are frequently identified by words
such as "may", "will", "should", "anticipate", "plan", "expect", "believe",
"estimate", "intend" and similar terminology, and reflect assumptions,
estimates, opinions and analysis made by management of Brilliant in light of its
experience, current conditions, expectations of future developments and other
factors which it believes to be reasonable and relevant. Forward-looking
information and statements involve known and unknown risks and uncertainties
that may cause Brilliant's actual results, performance and achievements to
differ materially from those expressed or implied by the forward-looking
information and statements and, accordingly, undue reliance should not be placed
thereon. Risks and uncertainties that may cause actual results to vary include,
but are not limited to, failure to achieve the desired result in the
arbitration; the availability of financing; fluctuations in commodity prices;
changes to and compliance with applicable laws and regulations, including
environmental laws and obtaining requisite permits; political, economic and
other risks; fluctuations in foreign exchange rates; as well as other risks and
uncertainties which are more fully described in our annual and quarterly
Management's Discussion and Analysis and in other filings made by us with
Canadian securities regulatory authorities and available at www.sedar.com.
Brilliant disclaims any obligation to update or revise any forward-looking
information or statements except as may be required by applicable law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Brilliant Resources Inc.
Courtenay Wolfe
416-505-8555
[e-mail]
www.brilliantresources.com