Brigus Gold Reports Continued Progress at Black Fox

Brigus Gold ?Corp. ?('Brigus? ?or the 'Company?) (NYSE Amex: BRD; TSX:
BRD) ?is pleased to provide an operational update for the year to date.
Management remains focused on increasing ?gold production at its Black
Fox Mine ?targeting ?steady state output of 25,000 ounces per
quarter ?by ?year-end.

As previously reported on February 21, 2012, significant changes were
made to personnel, equipment and mining processes resulting in
measurable improvements in the mine′s performance, most notably in
underground operations:

• 
  Grades from the underground portion of the mine have materially
  increased and continue to improve since the beginning of 2012. The
  average grade of underground ore mined for the first 75 days of 2012
  was ?5.96 grams per tonne (GPT) compared to 2.99 GPT for the fourth
  quarter of 2011.
  
• 
  High-grade tonnage from the underground continues to trend upwards and
  averaged over 400 tonnes per day (TPD) for the first half of March.
  TPD from the underground will continue to increase as additional
  mining faces are opened, providing greater flexibility. There are now
  20 mining stopes open, and the team plans to open ?a total of 30 to
  enable mining activity in 10 to 12 ?stopes at ?all times. Daily tonnage
  from the underground operation is expected to reach 800 TPD in the
  third quarter.
  
• 
  The Company continues to recruit experienced conventional ore raise
  miners to accommodate selective mining methods as more mining faces
  are opened.
  

'We are pleased with progress at the Black Fox Mine year to date,? said
Wade Dawe, President and CEO of Brigus. 'Ore grades from the underground
operation are meeting expectations and underground tonnage is increasing
nicely. Dilution has decreased and our geological interpretation of the
underground ore body has significantly improved. Gold production from
the underground will steadily increase as we open more mining faces.?

Brigus is forecasting gold production of 77,000 to 85,000 ounces for
2012.

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 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 ?a ?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 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, 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 report on Form ?40-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 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, 902-442-7186

Executive
Vice President

jnicholson@brigusgold.com

or

Katherine
Burgess, 902-442-7184

Manager, Stakeholder Relations

kburgess@brigusgold.com