Brigus Gold Meets Q2 Production Target

(NYSE MKT: BRD; TSX: BRD) ? Brigus Gold Corp. ('Brigus? or the
'Company?) is pleased to announce that it has met its production
guidance for a second consecutive quarter. During the second quarter of
2012, the Company produced 18,254 ounces of gold at an average grade of
3.30 grams per tonne (gpt) and a projected cash cost of between $800 and
$825 per ounce. Production at the Company′s Black Fox Mine continues to
increase as development progresses towards larger ore zones at depth.

The Q2 production target was achieved despite operating challenges.
Severe forest fires in the region resulted in the shutdown of the
Company′s Black Fox Mill for four days as well as intermittent
suspension of mining operations due to smoke and power supply issues.
There was no damage to the Company′s assets or the key safety components
of the mill due to the fires.

In early June, a breakdown of the Company′s tertiary cone crusher at the
Black Fox Mill resulted in a temporary decrease in mill throughput and
production. A contract crusher was mobilized to site while attempts were
made to repair the damage. The contract crusher was unable to meet
throughput quotas as it could not crush the ore small enough to achieve
targeted gold recovery. This resulted in an 11 percent reduction in
production for the month of June. A new cone crusher has been installed
and throughput has returned to normal operating levels.

'We are pleased to have met our quarterly production target despite the
challenges faced in the quarter,? said Wade Dawe, Brigus′ President and
CEO. 'This speaks volumes to the progress that has been made at the
Black Fox Mine and Mill and the quality of the staff and management. The
team continues to ramp up underground production and is on track to
develop larger ore zones at depth. As these larger zones are brought
into production and the open pit continues to deliver higher grade ore,
I am confident that we will continue to meet our targets for the
remainder of the year.?

The open pit continues to perform as expected. Preparations for Phase 3
overburden removal are on-going and this work is scheduled to commence
in the third quarter. Production from Phase 3 will begin in 2013.

The mill processed 178,002 tonnes of ore at an average grade of 3.30
grams of gold per tonne and an average recovery of 96.6% in the quarter.
Throughput averaged 1,956 tonnes per day.

OUTLOOK

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

Cash costs are targeted at $790 - $815 per ounce for the year, declining
to approximately $700 per ounce at steady state production levels of
approximately 100,000 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

Executive Vice
President

Phone: (902) 442-7186

Email: jnicholson@brigusgold.com

or

Katherine
Burgess

Manager, Stakeholder Relations

Phone: (902) 442-7184

Email:
kburgess@brigusgold.com