Brigus Gold Makes New High-Grade Gold Discovery

Brigus Gold Corp. ('Brigus? or the 'Company?) (NYSE MKT: BRD; TSX: BRD)
is pleased to announce that exploration drilling on the southern portion
of the Black Fox Complex confirms a new multiple horizon gold zone
within the Grey Fox South gold mineralized corridor located
approximately 400 metres to the east and running sub-parallel to the 147
Zone.

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

'We are very excited to announce the discovery of another high-grade
gold zone within the Grey Fox property of the Black Fox Complex,? said
Howard Bird, Senior Vice President Exploration Brigus. 'This discovery
has the potential to significantly increase the Company′s gold
resources.?

Drilling has intersected the gold mineralized trend over a 275 metre
strike length. The zone remains open in all directions. Currently two
drilling rigs are focused on defining the orientation and size of gold
mineralized shoots and extending the mineralization along strike.

The Grey Fox South Zone, the 147 Zone and the Contact Zone all occur
within close proximity of each other and provide Brigus with near term
production growth opportunities because of their proximity to the Black
Fox Mine infrastructure. The Black Fox Complex covers an area of
approximately 18 square kilometres within the Timmins Mining District,
Ontario.

Planning is underway to develop the Grey Fox Mine located on the
southeast portion of the Black Fox Complex. The initial resource
estimate from this area, announced in December 2011, added more than 50
percent to the gold resource at the Black Fox Complex. Brigus is in the
process of expanding the resource and converting Inferred ounces to
Indicated ounces through systematic in?fill drilling. An updated
resource estimate will be released later this month. Initial engineering
studies have been initiated and will continue through 2012 to determine
project economics as well as development and production timelines. A
preliminary economic assessment ('PEA?) for Grey Fox will be released in
Q4, and will incorporate the new resource.

Details of the most recent Grey Fox South Zone drill holes and
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 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 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