Brigus Gold Hits Q1 Production Target

Brigus Gold Corp. ('Brigus? or the 'Company?)(NYSE Amex: BRD; TSX: BRD)
is pleased to announce that it produced 16,922 ounces of gold at an
average grade of 3.04 grams per tonne (gpt) in the first quarter of 2012
? hitting the top end of its guidance.

Production ramped up through the quarter as operational improvements
took effect. In March, underground production materially increased as
more working faces were opened. Production from the underground mine
will continue to improve through the year as the Company adds additional
mining faces and continues developing towards larger ore zones at depth.

The open pit is performing well, grades are improving as the Company
mines deeper into Phase 2, and the operating strip ratio will continue
to decline as the year progresses.

The mill processed 181,263 tonnes of ore at an average grade of 3.04
grams of gold per tonne and an average recovery of 95.5% in the quarter.

The cash cost per ounce sold will be released once all reconciliations
are completed. Costs are expected to be lower than originally forecasted
for the first quarter of 2012.

'We are very pleased with these strong Q1 results at our Black Fox
Mine,? said Wade Dawe, President and Chief Executive Officer of Brigus.
'Our new team at Black Fox has done an exceptional job reducing dilution
and ramping up underground production. As a result of these efforts,
production was at the top end of our guidance and increased
significantly in March. Current production levels put us on track to
meet our guidance for the second quarter and we are confident that we
will continue to meet our targets for the remainder of the year.?

The Company has also completed a sale-leaseback on certain Black Fox
Mill assets, which generated $15 million cash at favourable interest
rates to be repaid over the next five years. The Company ended the first
quarter with over $30 million in cash which is more than sufficient to
execute on near term growth plans.

OUTLOOK

Brigus continues to forecast full year gold production of 77,000 to
85,000 ounces for 2012:

Cash costs are targeted at $775 - $825 per ounce for the year, declining
to approximately $700 per ounce at steady state production levels of
104,000 ounces per year in 2013.

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 has granted Cangold Limited the option to acquire a 75%
interest in the Company′s Ixhuatan Project located in the state of
Chiapas. 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, 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 ability of the Company to achieve its
production, total cash costs, steady state annual production and mining
rate estimates; estimated average gold grades for the open pit and
underground operations; increase in gold production; increase in
profitability; exploration drill results and resource additions, are
forward-looking statements and estimates that involve various risks and
uncertainties. This forward-looking statements include, or may be based
upon, estimates, forecasts, and statements as to management's
expectations with respect to, among other things, the outcome of legal
proceedings, 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′ 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, 902-442-7186

Executive
Vice President

jnicholson@brigusgold.com

or

Katherine
Burgess, 902-442-7184

Manager, Stakeholder Relations

kburgess@brigusgold.com