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Brigus Reports Assay Results of 10.84 gpt over 20.4 metres at New 147 Gold Zone at Black Fox Complex

16.05.2011  |  Business Wire


Brigus Gold Corp. ('Brigus? or the 'Company?) (NYSE Amex: BRD)(TSX: BRD)
is pleased to announce that exploration drilling on the southern portion
of the Black Fox Complex continues to return high-grade assays over
significant widths within the new 147 Gold Zone ('147 Zone?). The 147
Zone is a recent discovery running in a north-south direction and is
located approximately 150 metres to the east running parallel to the
Contact Zone.


Highlights from drilling completed at the 147 Zone include (all uncut,
average gold grades over core length):

147 Zone

  • GF10-165:
    • 1.46 gpt over 20.00 m; and
    • 1.24 gpt over 14.00 m
  • GF11-174:
    • 1.32 gpt over 16.00 m;
    • 10.82 gpt over 20.40 m; and
    • 1.11 gpt over 9.75 m
  • GF11-179:
    • 3.26 gpt over 26.50 m
      • including 11.51 gpt over 5.00 m; and
      • 5.54 gpt over 4.60 m


The Company has recalculated four previously reported drill hole assay
results from the 147 Zone over wider core widths. These include (all
uncut, average gold grades over core length):

  • GF11-119:
    • 1.12 gpt over 30.55 m
      • including 2.63 g/t Au over 5.40 m
  • GF11-147:
    • 5.25 gpt over 37.70m
      • including 3.11 gpt over 9.70 m; and
      • 9.04 gpt over 18.00 m
  • GF11-152:
    • 3.66 gpt over 66.85 m
      • including 3.26 gpt over 10.15 m; and
      • 8.34 gpt over 22.00 m
  • GF11-168:
    • 2.90 gpt over 32.15 m
      • including 7.15 gpt over 9.15 m


The 147 Zone is located on the southern portion of Brigus′ 100%-owned
Black Fox Complex, four kilometres from the Company′s Black Fox gold
mine. The Black Fox Complex covers an area of approximately 18 square
kilometres within the Timmins Mining District, Ontario.


'We are very encouraged by these continued positive gold results at the
147 Zone. Wide drill intercepts have intersected this zone over a strike
length of approximately 250 metres,? said Howard Bird, Brigus′ Vice
President Exploration. 'Drilling with four drill rigs is rapidly
delineating the new gold discovery and the 147 Zone remains open to the
north, east and at depth. A fifth drill rig will be added later this
month. This zone′s close proximity to the Company′s operating Black Fox
Mine provides the opportunity for rapid advancement.?


The approximate locations of the new drill hole results in relation to
the 147 Zone discovery drill hole, GF11-147, are as follows: hole
GF11-165 was drilled 25 m to the north, GF11-174 was drilled 12.5 m to
the south, and hole GF11-179 was drilled 70 m to the northeast.
Mineralization in the 147 Zone occurs mainly within multiple quartz and
carbonate healed brecciated zones within bleached units of variolitic
mafic volcanics.


The new drill holes as well as the restated gold assay results as well
as a drill-hole location map with highlight assay results are 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 and standards 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, as
well as the Black Fox Mill, in the Township of Black River-Matheson,
Ontario, Canada. Brigus is also advancing the Goldfields Project located
near Uranium City, Saskatchewan, Canada, which hosts the Box and Athona
gold deposits. In Mexico, Brigus Gold holds a 100 percent interest in
the Ixhuatan Project located in the state of Chiapas. In the Dominican
Republic, Brigus has a joint venture covering three mineral exploration
projects.

Cautionary Note to U.S. Investors Concerning Estimates of Mineral
Resources


This news release uses the term mineral 'resources?. The Company advises
U.S. investors that while these terms are defined in and required by
Canadian regulations, these terms are not defined terms under the U.S.
Securities and Exchange Commission ('SEC?) Industry Guide 7 and are
generally not permitted to be used in reports and registration
statements filed with the SEC. The SEC generally only permits issuers to
report mineralization that does not constitute SEC Industry Guide 7
compliant 'reserves? as in-place tonnage and grade without reference to
unit measures. U.S. investors are cautioned not to assume that any part
or all of mineral deposits in these categories will ever be converted
into reserves.

Cautionary and Forward-Looking Statements


This news release includes 'Forward-Looking Statements? within the
meaning of section 21E of the United States Securities Exchange Act of
1934, as amended. All statements regarding the Company's ability to
successfully expand the Black Fox Complex gold resource, add to Black
Fox resources, advance new discoveries, 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 and its
predecessor companies′ most recent annual report on Form 10-K filed with
the United States Securities and Exchange Commission 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.

Brigus Gold

Jennifer Nicholson, CA, 902-422-1421

Vice
President Investor Relations

jnicholson@brigusgold.com

or

Wendy
Yang, 303-524-3203

Vice President

ir@brigusgold.com



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