High-Grade Gold Assays Continue at Brigus Gold′s 147 Zone

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 gold assays from
the 147 Zone.

The following table includes highlights from the drill holes reported
today from the 147 Zone (all uncut, average gold grades over core length
widths):

'The Black Fox exploration program is advancing as planned and on
schedule. To date, Brigus has drilled over 126,000 metres on the 147 and
Contact zones with significant results that include 21 grams per tonne
over 25.0 metres,? said Howard Bird, Brigus′ Vice President of
Exploration. 'The $8 million program in 2012 is designed to convert
Inferred ounces to Indicated ounces through systematic in-fill drilling
as well as to expand the resource.?

The initial resource estimate for the 147 and Contact zones, as released
in December 2011, added more than 50 percent to the gold resource at the
Black Fox Complex. The 147 and Contact zones provide Brigus with
near-term production growth opportunities because of their proximity to
the Black Fox mine infrastructure. An updated resource estimate will be
released later in the year.

To date, the Company has systematically explored 25 percent of the Black
Fox Complex. Significant upside potential remains on the property which
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.

Details on the most recent 147 Zone drill holes including the drill hole
location map can be found 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

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 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.

Brigus Gold Corp.

Jennifer Nicholson, CA, (902) 442-7186

Executive
Vice President

jnicholson@brigusgold.com

or

Katherine
Burgess, (902) 442-7184

Manager, Stakeholder Relations

kburgess@brigusgold.com