Brigus Gold Reports High Grade Drill Results at Black Fox

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Brigus Gold Reports High Grade Drill Results at Black Fox

HALIFAX, Nova Scotia--(BUSINESS WIRE)-- Brigus Gold Corp. ("Brigus" or the "Company") (NYSE MKT: BRD; TSX: BRD) is pleased to report that initial resource expansion drilling on the lower East zone at the Black Fox underground mine is confirming the continuity of high grade gold over significant widths. All of these results are located outside of the current reserves. The drilling is being performed 326 metres (m) below the surface.

"These high grade drilling results show strong continuity while extending the Black Fox orebody for over 200 metres along strike. The orebody remains open for further expansion along strike as well as down dip," said Wade Dawe, Brigus Gold's Chairman and Chief Executive Officer. "These results demonstrate the excellent potential to significantly expand gold reserves and increase the life of mine at Black Fox."


Highlighted results include:

Hole Number From (m) To (m) Core Length (m) Gold Assay (gpt) Grams X Width
9670-EX-02A219.50237.4017.906.45115
9670-EX-08180.00193.7013.701.6629
96070-EX-09A175.30193.0017.701.3824
 205.00220.4015.403.4052
including205.00208.403.407.6826
9670-EX-26194.70212.4017.702.5645
 226.00228.002.0010.7522
9670-EX-37198.00205.007.004.1329
9670-EX-11A231.65261.0029.352.9887
including249.00255.006.005.6334
9670-EX-36A194.00203.309.303.9637
including201.90203.301.4016.3423
672-24-E119.10122.403.3015.0250
672-25-E120.90132.2011.3012.88146

All assays are capped at 31.1 gpt gold, average gold grades over core length widths.


The Black Fox orebody remains open at depth and along strike and includes gold reserves to a maximum depth of 500 metres. Orebodies in the region, along the Destor Porcupine Fault, often extend to depths of more than 1,000 metres. The ongoing underground exploration drilling program at the Black Fox mine will drill both along strike and beyond 500 metres depth to continue to expand the underground resource.

Details of the most recent Black Fox mine underground exploration drill holes are listed in Appendix 1 and a longitudinal section map of the Black Fox mine gold reserve and infrastructure showing the location of the drill-hole intercepts is included in Appendix 2.

The Black Fox mine exploration underground drilling was conducted by Forage Boreal of Val-d'Or Quebec and Norex Drilling of Timmins Ontario. Sample analyses were performed by Accurassay Laboratories in their Timmins ISO 17205 registered facility using standard fire assay procedures. The program was supervised by the Brigus Black Fox mine geological department. Intercepts cited do not necessarily represent true widths, unless otherwise noted. Brigus Gold's quality control checks include insertion of blanks, standards and duplicates to ensure laboratory accuracy. Senior Exploration Project Manager John A. Dixon, P. Geo., reviewed the technical exploration information in this release as the Qualified Person for the Company.

About Brigus Gold
Brigus is a growing Canadian gold producer committed to maximizing shareholder value through a strategy of efficient production, targeted exploration and select acquisitions. The Company operates the wholly owned Black Fox mine and mill in the Timmins Gold District of Ontario, Canada. The Black Fox Complex encompasses the Black Fox mine, the new Grey Fox property and adjoining properties in the Township of Black River-Matheson, Ontario, Canada. The Black Fox mine is in production and the Grey Fox mine, located four kilometres from Black Fox is in development. Brigus is also advancing the Goldfields Project located near Uranium City, Saskatchewan, Canada, which hosts the Box and Athona gold deposits. In Mexico, Brigus owns the Ixhuatan Project located in the state of Chiapas. In the Dominican Republic, Brigus has signed an agreement to sell its remaining interests in three mineral exploration projects.

Cautionary and Forward-Looking Statements
Statements in this news release, which are not historical facts, are forward-looking statements that involve risk, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All statements regarding the Company's ability to successfully expand the Black Fox Complex gold resource, add to Black Fox resources, advance new discoveries to production, convert resource estimates into near-term production, release of an updated mineral resource estimate in 2013 and the Black Fox underground mine exploration drilling program and continue to obtain positive down dip continuity of significant gold mineralization are forward-looking statements and estimates that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from these forward-looking statements include environmental risks and other factors disclosed under the heading "Risk Factors" in Brigus Gold's most recent Annual Information Form and Management Discussion and Analysis filed under the company's name at www.sedar.com and annual report on Form 40-F filed with the United States Securities and Exchange Commission at www.sec.gov and elsewhere in Brigus Gold's documents filed from time to time with the Toronto Stock Exchange, the NYSE Amex, the United States Securities and Exchange Commission and other regulatory authorities. All forward-looking statements included in this news release are based on information available to the Company on the date hereof. The Company assumes no obligation to update any forward-looking statements, except as required by applicable securities laws. Source: Brigus Gold Corp.

Appendix 1:Most recent underground exploration drill hole assay results at the Black Fox mine(all assays are capped at 31.1 gpt gold, average gold grades over core length widths):

Hole Number From (m) To (m) Core Length (m) Gold Assay (gpt) Grams X Width
9670-EX-02A219.50237.4017.906.45115
9670-EX-08180.00193.7013.701.6629
96070-EX-09A175.30193.0017.701.3824
 205.00220.4015.403.4052
including205.00208.403.407.6826
9670-EX-26194.70212.4017.702.5645
including194.70201.707.003.1022
 226.00228.002.0010.7522
9670-EX-37198.00205.007.004.1329
9670-EX-11A231.65261.0029.352.9887
including249.00255.006.005.6334
 304.20306.001.805.5910
9670-EX-36A194.00203.309.303.9637
including201.90203.301.4016.3423
 236.00238.002.003.697
672-24-E119.10122.403.3015.0250
672-25-E120.90132.2011.3012.88146
672-31-E99.00104.005.102.8414
672-38A-E124.80132.007.202.5218
672-42-E136.50138.001.504.577
672-46-E128.00130.002.004.619
672-47-E129.00129.800.8018.9715
672-55-E129.00131.002.006.5613



Brigus Gold Corp.
Investor Relations
Morgan Tyghe, (416) 214-9867
Director of Investor Relations
mtyghe@brigusgold.com
or
Kate Wood, (902) 442-7184
kwood@brigusgold.com

KEYWORDS:   North America  Canada

INDUSTRY KEYWORDS:

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