Brigus Reports Assay Results of 7.78 gpt Over 22.1 Metres 147 Gold Zone on the Black Fox Complex Continues to Produce High Grade Assays

Brigus Gold Corp. ('Brigus? or the 'Company?) (NYSE Amex: BRD) (TSX:
BRD) is pleased to announce continued high-grade gold assays from the
147 Zone. Recent drilling intersected 7.78 grams per tonne (gpt) over
22.10 metres (m) in drill hole GF11-284 that included 21.40 gpt over
7.10 m at a vertical depth of approximately 280 m below surface.

The 147 Zone is located on the southern portion of the Black Fox
Complex, approximately 400 m south of the gold bearing Contact Zone, and
four kilometres from the Company′s Black Fox Gold Mine.

147 ZONE DRILLING HIGHLIGHTS (all uncut, average gold grades over
core length widths)

* Assay previously released

The Black Fox Complex covers an area of approximately 18 square
kilometres within the Timmins Mining District, Ontario. The core area of
the 147 Zone extends for approximately 250 m in a north-south direction
dipping at approximately 80 degrees to the east. Gold mineralization
primarily occurs within multiple quartz carbonate brecciated zones
within bleached units of variolitic mafic volcanics and other parallel
footwall zones. The 147 Zone now extends to a vertical depth of 280
metres below surface and remains open at depth.

Drilling at the Black Fox Complex is progressing as planned to complete
an initial NI 43-101 compliant resource estimate on the 147 Zone and the
Contact Zone by mid December this year. There are five drill rigs
operating on these zones. Two drill rigs are expanding the 147 Zone, two
drill rigs are infill drilling and testing along strike and down-dip on
the Contact Zone, and one drill rig is focused on testing other known
gold bearing structures, as well as, new potential gold bearing targets
defined from the recent induced polarization and magnetic geophysical
surveys.

In addition, hydrogeological studies and waste rock characterization
work commenced in September on the 147 and Contact Zone area in order to
facilitate a possible production decision on the project early in 2012.

Details of the most recent 147 Zone drill holes are on the Company′s
website at www.brigusgold.com/mine.asp?p=36.

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

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 is also
advancing the Goldfields Project located near Uranium City,
Saskatchewan, Canada, which hosts the Box and Athona gold deposits. In
Mexico, Brigus Gold has completed its transaction to sell a 75% interest
in the Ixhuatan Project located in the state of Chiapas to Cangold. In
the Dominican Republic, Brigus has signed an agreement to sell its
remaining interests in 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 Corp.

Jennifer Nicholson, CA, 902-422-1421

Vice
President Investor Relations

jnicholson@brigusgold.com

or

Katherine
Burgess, 902-422-1421

Manager Stakeholder Relations

kburgess@brigusgold.com