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Brigus Intersects 4165 gpt at New 147 Gold Zone at Black Fox Complex

20.06.2011  |  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 excellent gold
assays over significant widths within the new 147 gold zone ('147
Zone?), including 3.96 grams per tonne ('gpt?) over 50.00 metres ('m?)
that included 6.82 gpt over 20.00 m. In addition, bonanza grade gold
mineralization of 2078.73 gpt over 2.00 m that included 4165.15 gpt over
1.00 m, and 61.78 gpt over 4.0 m that included 243.43 over 1.0 m was
intersected in the footwall side of the 147 Zone.


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

147 Zone

  • GF11-182:
    • 0.92 gpt over 46.20 m;
      • including 2.23 gpt over 15.00 m

  • GF11-191:
    • 2078.73 gpt over 2.00 m;
      • including 4165.15 gpt over 1.00 m; and
    • 61.78 gpt over 4.00 m;
      • including 243.43 gpt over 1.00 m
  • GF11-192:
    • 3.59 gpt over 17.00 m;
      • including 5.42 gpt over 7.00 m; and
    • 3.34 gpt over 11.00 m;
      • including 5.60 gpt over 6.00 m
  • GF11-194:
    • 3.96 gpt over 50.00 m;
      • including 6.82 gpt over 20.00 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. The 147 Zone
gold mineralization primarily occurs within multiple quartz and
carbonate healed brecciated zones within bleached units of mafic
volcanics.


'Continued excellent assays, now at 170 metres below surface, are very
encouraging,? said Howard Bird, VP Exploration Brigus. 'These results
significantly expand the size of the 147 Zone.?


Drilling at the 147 Zone is progressing as planned with four drill rigs,
and the Zone remains open in all directions. The fifth drill rig is
currently testing a deep IP geophysical target, which sits below the
gold mineralized Contact Zone.


The location of the most recent drill hole results in relation to the
147 Zone discovery drill hole are as follows: hole GF11-182 was collared
approximately 85 m northeast of hole GF11-147, GF11-191 was collared
approximately 75 m southeast of hole GF11-147, hole GF11-192 was
collared approximately 135 m southeast of hole GF11-147, while hole
GF11-194 was collared approximately 150 m southeast of hole GF11-147 and
approximately 25 m east of hole GF11-192 reported in this release.


The 147 Zone drill holes and a picture of visible gold mineralization in
hole GF11-191 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, 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, 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 which is subject to
a letter of intent with Cangold. In the Dominican Republic, Brigus has a
joint venture covering three mineral exploration projects which is
subject to a letter of intent with Everton Resources.

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 Corp.

Jennifer Nicholson, CA

Vice President
Investor Relations

902-422-1421

jnicholson@brigusgold.com



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