Brigus Reports High Grade Gold Results at the Contact Zone on the Black Fox Complex

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Brigus Gold Corp.
BRD
announces that exploration drilling on the southern portion of the Black Fox Complex continues to return high-grade gold assays from the Contact Zone. “Targeted drilling within selected areas of the Contact Zone continues to return high grade results over much wider than expected widths,” said Howard Bird, Brigus' Vice President of Exploration. “This is due to local dilation jogs in the Contact Zone and cross-cutting fault structures which can often result in the development of impressive plunging gold shoots.” The Black Fox Complex covers an area of approximately 18 square kilometres within the Timmins Mining District, Ontario. To date, the Company has systematically explored 25 percent of the property and significant upside potential remains on the rest of the property. The Contact Zone consists of a steeply dipping gold mineralized fault contact between the north-south trending metasediments and mafic volcanic rocks, and other parallel hanging wall and footwall gold mineralized zones. The general dip of the feature is 78 degrees to the east. Brigus has outlined an area of mineralization approximately 450 m in strike length at the Contact Zone that remains open along strike to the north and open at depth. The initial resource estimate for the Contact and 147 zones, as released in December 2011, added more than 50 percent to the gold resource at the Black Fox Complex. Exploration drilling at the Black Fox Complex is progressing as planned with three drill rigs and an updated resource estimate on the Contact and 147 zones will be released in 2012. Brigus has also commenced a preliminary economic assessment (PEA) on the 147 and Contact zones and is expected to release results during the third quarter. These zones have the potential for robust economics and near term production growth opportunities for the Company.
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