HALIFAX, Nova Scotia--(BUSINESS WIRE)-- Brigus Gold Corp. ("Brigus" or the "Company") (NYSE Amex: BRD) (TSX: BRD) is pleased to announce continued high-grade gold assays from the 147 Zone. Recent drilling intersected 7.78 grams per tonne (gpt) over 22.10 metres (m) in drill hole GF11-284 that included 21.40 gpt over 7.10 m at a vertical depth of approximately 280 m below surface.

The 147 Zone is located on the southern portion of the Black Fox Complex, approximately 400 m south of the gold bearing Contact Zone, and four kilometres from the Company's Black Fox Gold Mine.

147 ZONE DRILLING HIGHLIGHTS (all uncut, average gold grades over core length widths)

* Assay previously released

The Black Fox Complex covers an area of approximately 18 square kilometres within the Timmins Mining District, Ontario. The core area of the 147 Zone extends for approximately 250 m in a north-south direction dipping at approximately 80 degrees to the east. Gold mineralization primarily occurs within multiple quartz carbonate brecciated zones within bleached units of variolitic mafic volcanics and other parallel footwall zones. The 147 Zone now extends to a vertical depth of 280 metres below surface and remains open at depth.

Drilling at the Black Fox Complex is progressing as planned to complete an initial NI 43-101 compliant resource estimate on the 147 Zone and the Contact Zone by mid December this year. There are five drill rigs operating on these zones. Two drill rigs are expanding the 147 Zone, two drill rigs are infill drilling and testing along strike and down-dip on the Contact Zone, and one drill rig is focused on testing other known gold bearing structures, as well as, new potential gold bearing targets defined from the recent induced polarization and magnetic geophysical surveys.

In addition, hydrogeological studies and waste rock characterization work commenced in September on the 147 and Contact Zone area in order to facilitate a possible production decision on the project early in 2012.

Details of the most recent 147 Zone drill holes are on the Company's website at www.brigusgold.com/mine.asp?p=36.

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

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 its 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 Note to U.S. Investors Concerning Estimates of Mineral Resources

This news release uses the term mineral "resources". The Company advises U.S. investors that while these terms are defined in and required by Canadian regulations, these terms are not defined terms under the U.S. Securities and Exchange Commission ("SEC") Industry Guide 7 and are generally not permitted to be used in reports and registration statements filed with the SEC. The SEC generally only permits issuers to report mineralization that does not constitute SEC Industry Guide 7 compliant "reserves" as in-place tonnage and grade without reference to unit measures. U.S. investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves.

Cautionary and Forward-Looking Statements

This news release includes "Forward-Looking Statements" within the meaning of section 21E of the United States Securities Exchange Act of 1934, as amended. All statements regarding the Company's ability to successfully expand the Black Fox Complex gold resource, add to Black Fox resources, advance new discoveries, 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 and its predecessor companies' most recent annual report on Form 10-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, 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, 902-422-1421
Vice President Investor Relations
jnicholson@brigusgold.com
or
Katherine Burgess, 902-422-1421
Manager Stakeholder Relations
kburgess@brigusgold.com

Source: Brigus Gold Corp.