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Brigus Gold Initiates Black Fox Mill Expansion

23.06.2011  |  Business Wire


Brigus Gold Corp. ('Brigus? or the 'Company?) (NYSE Amex: BRD) (TSX:
BRD) announces that it will proceed with an initial expansion of the
Black Fox Mill, which is expected to be completed, and in service,
during the first quarter of 2012. This initial expansion will increase
processing capacity at the Mill to 2,200 tonnes per day (tpd) through
optimization of existing mill equipment and elimination of production
losses. The Company has commissioned a Phase 2 mill expansion plan, that
if implemented in the future, would increase processing capacity to
3,500 tonnes per day and would include replacement of the existing
crushing plant with a semi-autogenous grinding (SAG) mill.


Brigus hired Dan Mackie and Associates (DMA) to provide technical and
financial analysis of the expansion of the Black Fox Mill. Based on
recommendations in this report, Brigus will proceed with the following
Phase 1 expansion:


  • The leach circuit at the mill will be upgraded by adding two new and
    larger leach tanks, in a bunded area designed for four tanks. The
    existing carbon in pulp (CIP), carbon in leach (CIL) tanks and carbon
    columns would be reconfigured allowing for a total of over 30 hours
    retention, nearly double the current capacity. The higher retention
    time allows for a coarser grind to be considered. The addition of two
    additional tanks will provide sufficient total capacity to accommodate
    Phase 2 of the mill expansion if the Company proceeds with this in the
    future.

  • An improved secondary mill feed diverter will be installed to
    de-bottleneck the flows to the two secondary mills and to assist in
    handling the higher throughput. This new configuration will include a
    'riffle? or 'gold trap? as a temporary step in determining the nature
    of any potential coarse gold that could be handled in a gravity
    circuit, to be built later, possibly as part of Phase 2.

  • New carbon screens and a carbon fines recovery circuit will be added
    with the installation of a plate and frame filter and surge tank. This
    will significantly reduce the carbon fines losses to tails.


Phase 1 of the mill expansion is expected to cost approximately $9
million with a payback of less than one year.


'Phase 1 of the mill expansion is a logical step in the optimization of
our Black Fox Mill,? said Richard Allan, Chief Operating Officer of
Brigus. 'The significant capacity increase and short payback period make
this an attractive investment. The Black Fox Complex has tremendous
development potential and this positions us well to capitalize on growth
opportunities in the future.?


A decision to proceed with the Phase 2 expansion will facilitate rapid
development scenarios from new discoveries within the Black Fox Complex.
In conjunction with the Phase 1 mill expansion and continuing
exploration success from the Black Fox Complex, Brigus has deferred a
production decision on its Saskatchewan Goldfields property as it
considers various expansion scenarios at the Black Fox Complex and
involving an expanded Black Fox Mill.


Chief Operating Officer Richard Allen, P. Eng., reviewed the technical
information in this release as the Qualified Person for the Company.

About Brigus


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
Complex in the Timmins gold district of Ontario, Canada. The Black Fox
Complex encompasses the Black Fox Mine and Mill, and adjoining Grey
Fox-Pike River property, all in the Township of Matheson, Ontario,
Canada. Brigus is also advancing its Goldfields Project located near
Uranium City, Saskatchewan, Canada, which hosts the Box and Athona gold
deposits. In Mexico, Brigus has a letter of intent to sell 75% of its
Ixhuatan silver-gold projected located in the state of Chiapas. In the
Dominican Republic, Brigus has a letter of intent to sell its remaining
interests in three mineral exploration projects.

Cautionary and Forward-Looking Statements


Statements contained in this news release that 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 ability of the Company to achieve targeted gold
production at its Black Fox Mine, including underground production, and
cash costs, mill expansion results, meet capital construction schedules
and costs, and the continuation of a rising gold price are
forward-looking statements and estimates that involve various risks and
uncertainties. This forward-looking information includes, or may be
based upon, estimates, forecasts, and statements as to management's
expectations with respect to, among other things, the issue of permits,
the size and quality of the company's mineral resources, progress in
development of mineral properties, future production and sales volumes,
capital and mine production costs, demand and market outlook for metals,
future metal prices and treatment and refining charges, and the
financial results of the Company.


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
as well as elsewhere in Brigus′ documents filed from time to time with
the Toronto Stock Exchange, the NYSE Amex Equities, 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

ir@brigusgold.com



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