Brigus Reports High Grade Drilling Results at the 147 Zone

Brigus Reports High Grade Drilling Results at the 147 Zone

HALIFAX, Nova Scotia--(BUSINESS WIRE)-- Brigus Gold Corp. ("Brigus" or the "Company") (NYSE MKT: BRD; TSX: BRD) reports additional drilling results from its ongoing drill program at the 147 Zone on the Grey Fox project. These results will be included in an updated NI 43-101 resource estimate on the Grey Fox property that will be released this month.

"These deep, high grade drill results substantiate the strong down-plunge continuity of the 147 Zone and continue to confirm the potential for future underground development at Grey Fox," said Howard Bird, Brigus' Senior Vice President of Exploration. "The 147, Contact and Grey Fox South zones all remain open for further expansion and three drill rigs will continue to systematically test these targets throughout the year."


Highlights from the 147 Zone which remains open for expansion:

Hole Number From To Core Width Gold Assay Metal Factor
 (m)(m)(m)grams/tonneGrams X Width
GF13-712249.00252.003.007.6523
GF13-717241.00252.0011.002.5028
 353.50365.7512.255.2164
GF13-728264.00278.0014.0028.54*400
 293.00313.0020.003.6573
GF13-730363.20393.0029.801.7853
including363.20366.002.806.9820
and380.00393.0013.002.5533
 422.00426.004.005.3321
GF13-733233.00235.102.1013.4628
GF13-734276.00292.0016.008.06129
GF13-736236.00283.0047.004.97234
including236.00246.0010.0010.10101
and261.00279.0018.006.43116
GF13-741344.15347.303.1519.3961
GF13-742172.80179.006.2010.6866
GF13-743241.65245.003.3539.56133
GF13-750252.00275.0023.003.5882
GF13-751349.00361.0012.003.2339
including349.00353.004.008.1933
GF13-754373.00380.007.0010.1571

All assays are capped at 100 gpt gold, average gold grades over core length widths.
*Previously Reported Assay

The 147, Contact and Grey Fox South Zone all occur within close proximity of each other and provide Brigus with near term production growth opportunities because of their proximity to the Black Fox Mine infrastructure.

Details of the most recent 147 Zone drill holes are listed in Appendix 1, the 147 Zone drill-hole location map is included in Appendix 2 and a long section map can be found in Appendix 3. All drill hole data is posted on the Company's website at www.brigusgold.com.

Surface drilling was conducted by Norex Drilling and was supervised by the Brigus exploration team. All sample analyses reported herein were performed by Polymet Labs of Cobalt, Ontario, which is ISO 9001:2000 certified in North America using standard fire assay procedures. 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 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 and adjoining properties in the Township of Black River‐Matheson, Ontario, Canada. Brigus also owns the Goldfields Project located near Uranium City, Saskatchewan, Canada, which hosts the Box and Athona gold deposits. In the Dominican Republic, Brigus has signed an agreement to sell its remaining interests in three mineral exploration projects. In Mexico, Brigus owns the Ixhuatan Project located in the state of Chiapas.

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 2012 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 drill hole assay results at the 147 Zone(all assays are capped at 100 gpt gold, average gold grades over core length widths):

Hole Number From To Core Width Gold Assay Metal Factor
 (m)(m)(m)grams/tonneGrams X Width
GF13-687281.00286.005.001.487
GF13-689166.90167.901.0010.9711
 200.00200.800.803.983
 353.80354.801.001.652
 404.00405.001.002.262
 427.00428.001.002.332
 446.20450.003.801.867
 585.00587.002.005.6911
GF13-695221.00222.001.004.945
 289.00290.001.001.301
 318.00319.001.004.054
 338.60339.200.603.092
 364.00365.001.0017.8118
 377.00383.006.003.7022
GF13-703143.00145.002.003.337
 164.00165.001.002.402
 439.00454.0015.001.0616
GF13-70668.0070.002.006.9614
 127.70128.701.003.704
 149.65152.653.002.568
 167.00168.001.0016.4216
 245.00246.001.00100.00100
 277.45280.453.002.798
GF13-712249.00252.003.007.6523
 291.00292.001.004.394
GF13-717185.00186.001.002.262
 241.00252.0011.002.5028
including251.00252.001.0017.3717
 330.30335.855.552.3113
 343.00344.001.002.032
 353.50365.7512.255.2164
including353.50357.504.0012.3149
 396.70402.005.303.0016
 521.70522.701.001.652
GF13-721300.45305.004.551.055
 362.50363.050.552.131
 460.00466.006.001.227
GF13-723233.00238.155.153.8620
 247.00248.001.001.441
 252.00253.001.001.512
 297.50301.504.002.259
GF13-728207.00220.0013.001.3317
including207.00210.003.003.7711
 242.00243.001.001.371
 251.00252.001.001.58*2
 264.00278.0014.0028.54*400
including264.00269.005.0057.07*285
 293.00313.0020.003.6573
including310.00312.002.0017.7936
GF13-730363.20393.0029.801.7853
including363.20366.002.806.9820
and380.00393.0013.002.5533
 422.00426.004.005.3321
GF13-732272.00278.006.002.7517
including275.00278.003.004.8515
 288.00289.001.002.332
 302.00303.001.001.031
 367.00368.001.001.171
GF13-73371.8072.300.50 Read Full Story

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