Brigus Intersects 4165 gpt at New 147 Gold Zone at Black Fox
Complex
Halifax, Nova
Scotia; June 20, 2011�Brigus
Gold Corp. (�Brigus� or the �Company�) (NYSE Amex: BRD; TSX: BRD) is pleased to
announce that exploration drilling on the southern portion of the Black Fox
Complex continues to return excellent gold assays over significant widths
within the new 147 gold zone (�147 Zone�), including 3.96 grams per tonne
(�gpt�) over 50.00 metres (�m�) that included 6.82 gpt over 20.00 m. In
addition, bonanza grade gold mineralization of 2078.73 gpt over 2.00 m that
included 4165.15 gpt over 1.00 m, and 61.78 gpt over 4.0 m that included 243.43
over 1.0 m was intersected in the footwall side of the 147 Zone.
Highlights from continued drilling at the 147 Zone target include (all uncut,
average gold grades over core length):
147 Zone
- GF11-182:
- 0.92 gpt over 46.20 m;
- including 2.23 gpt over 15.00 m
- GF11-191:
- 2078.73 gpt over 2.00 m;
- including 4165.15 gpt over 1.00 m; and
- 61.78 gpt over 4.00 m;
- including 243.43 gpt over 1.00 m
- GF11-192:
- 3.59 gpt over 17.00 m;
- including 5.42 gpt over 7.00 m; and
- 3.34 gpt over 11.00 m;
- including 5.60 gpt over 6.00 m
- GF11-194:
- 3.96 gpt over 50.00 m;
- including 6.82 gpt over 20.00 m
The 147 Zone is located on the southern portion of Brigus� 100%-owned Black Fox
Complex, four kilometres from the Company�s Black Fox gold mine. The
Black Fox Complex covers an area of approximately 18 square kilometres within
the Timmins Mining District, Ontario. The 147 Zone gold mineralization
primarily occurs within multiple quartz and carbonate healed brecciated zones
within bleached units of mafic volcanics.
�Continued excellent assays, now at 170 metres below surface, are very
encouraging,� said Howard Bird, VP Exploration Brigus. �These results
significantly expand the size of the 147 Zone.�
Drilling at the 147 Zone is progressing as planned with four drill rigs, and
the Zone remains open in all directions. The fifth drill rig is currently testing
a deep IP geophysical target, which sits below the gold mineralized Contact
Zone.
The location of the most recent drill hole results in relation to the 147 Zone
discovery drill hole are as follows: hole GF11-182 was collared approximately
85 m northeast of hole GF11-147, GF11-191 was collared approximately 75 m
southeast of hole GF11-147, hole GF11-192 was collared approximately 135 m
southeast of hole GF11-147, while hole GF11-194 was collared approximately 150
m southeast of hole GF11-147 and approximately 25 m east of hole GF11-192
reported in this release.
The 147 Zone drill holes are located below and a picture of visible gold
mineralization in hole GF11-191 is posted 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, as well as the
Black Fox Mill, 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 holds a 100 percent interest in the Ixhuatan Project located in the
state of Chiapas which is subject to a letter of intent with Cangold. In
the Dominican Republic, Brigus has a joint venture covering three mineral
exploration projects which is subject to a letter of intent with Everton
Resources.
Contact
Information:
Jennifer Nicholson, CA
Vice President Investor Relations
Phone: (902) 422-1421
Email: jnicholson@brigusgold.com
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.
Appendix 1: 2011
Drill Hole Assay Results at the Black Fox Complex�s 147 Zone
147
Zone 2011 Exploration Drilling
|
Hole
ID
|
From
(m)
|
To
(m)
|
Core
Width (m)
|
Zone
True Width (m)
|
Assay
grams Au/tonne
|
Mineralized
Zone
|
GF11-180
|
22.85
|
24.85
|
2.00
|
ND
|
1.65
|
147
Zone
|
|
|
|
|
|
|
|
and
|
35.00
|
36.05
|
1.05
|
ND
|
2.06
|
147
Zone
|
|
|
|
|
|
|
|
and
|
48.00
|
49.00
|
1.00
|
ND
|
2.33
|
147
Zone
|
|
|
|
|
|
|
|
and
|
94.00
|
95.00
|
1.00
|
ND
|
2.40
|
147
Zone
|
|
|
|
|
|
|
|
and
|
99.00
|
102.00
|
3.00
|
ND
|
1.79
|
147
Zone
|
|
|
|
|
|
|
|
and
|
116.00
|
117.00
|
1.00
|
ND
|
3.98
|
147
Zone
|
|
|
|
|
|
|
|
and
|
142.00
|
143.00
|
1.00
|
ND
|
1.03
|
147
Zone
|
|
|
|
|
|
|
|
GF11-182
|
205.80
|
252.00
|
46.20
|
ND
|
0.92
|
147
Zone
|
|
|
|
|
|
|
|
including
|
228.00
|
243.00
|
15.00
|
ND
|
2.23
|
147
Zone
|
|
|
|
|
|
|
|
and
|
332.00
|
336.00
|
4.00
|
ND
|
0.98
|
147
Zone
|
|
|
|
|
|
|
|
GF11-183
|
104.50
|
107.50
|
3.00
|
ND
|
4.27
|
147
Zone
|
|
|
|
|
|
|
|
and
|
115.20
|
116.00
|
0.80
|
ND
|
1.30
|
147
Zone
|
|
|
|
|
|
|
|
and
|
127.00
|
128.00
|
1.00
|
ND
|
1.03
|
147
Zone
|
|
|
|
|
|
|
|
and
|
134.00
|
136.00
|
2.00
|
ND
|
2.33
|
147
Zone
|
|
|
|
|
|
|
|
and
|
144.00
|
145.00
|
1.00
|
ND
|
1.78
|
147
Zone
|
|
|
|
|
|
|
|
and
|
155.00
|
156.00
|
1.00
|
ND
|
1.16
|
147
Zone
|
|
|
|
|
|
|
|
and
|
170.00
|
171.00
|
1.00
|
ND
|
2.81
|
147
Zone
|
|
|
|
|
|
|
|
and
|
174.00
|
175.00
|
1.00
|
ND
|
1.10
|
147
Zone
|
|
|
|
|
|
|
|
and
|
183.10
|
185.00
|
1.90
|
ND
|
10.20
|
147
Zone
|
|
|
|
|
|
|
|
and
|
242.00
|
243.20
|
1.20
|
ND
|
1.37
|
147
Zone
|
|
|
|
|
|
|
|
GF11-185
|
45.42(1)
|
119.00
|
73.58
|
ND
|
3.36
|
147
Zone
|
|
|
|
|
|
|
|
including
|
61.42(1)
|
68.42
|
7.00
|
ND
|
6.20
|
147
Zone
|
|
|
|
|
|
|
|
including
|
77.42(1)
|
80.42
|
3.00
|
ND
|
5.69
|
147
Zone
|
|
|
|
|
|
|
|
including
|
101.00(1)
|
114.00
|
13.00
|
ND
|
11.12
|
147
Zone
|
|
|
|
|
|
|
|
and
|
324.00
|
325.00
|
1.00
|
ND
|
1.10
|
147
Zone
|
|
|
|
|
|
|
|
and
|
382.00
|
383.00
|
1.00
|
ND
|
1.58
|
147
Zone
|
|
|
|
|
|
|
|
GF11-186
|
34.48
|
39.55
|
5.07
|
ND
|
1.33
|
147
Zone
|
|
|
|
|
|
|
|
and
|
88.05
|
89.05
|
1.00
|
ND
|
1.10
|
147
Zone
|
|
|
|
|
|
|
|
and
|
99.05
|
100.05
|
1.00
|
ND
|
3.84
|
147
Zone
|
|
|
|
|
|
|
|
and
|
139.75
|
141.26
|
1.51
|
ND
|
1.70
|
147
Zone
|
|
|
|
|
|
|
|
and
|
145.00
|
146.23
|
1.23
|
ND
|
1.30
|
147
Zone
|
|
|
|
|
|
|
|
and
|
162.30
|
164.60
|
2.30
|
ND
|
1.45
|
147
Zone
|
|
|
|
|
|
|
|
and
|
208.30
|
214.30
|
6.00
|
ND
|
1.10
|
147
Zone
|
|
|
|
|
|
|
|
and
|
350.00
|
353.00
|
3.00
|
ND
|
1.44
|
147
Zone
|
|
|
|
|
|
|
|
and
|
365.47
|
367.47
|
2.00
|
ND
|
1.10
|
147
Zone
|
|
|
|
|
|
|
|
GF11-187
|
71.00
|
72.00
|
1.00
|
ND
|
1.65
|
147
Zone
|
|
|
|
|
|
|
|
and
|
97.00
|
98.00
|
2.00
|
ND
|
2.54
|
147
Zone
|
|
|
|
|
|
|
|
and
|
170.00
|
171.00
|
1.00
|
ND
|
3.50
|
147
Zone
|
|
|
|
|
|
|
|
GF11-188
|
136.50
|
137.50
|
1.00
|
ND
|
1.85
|
147
Zone
|
|
|
|
|
|
|
|
and
|
180.00
|
194.00
|
14.00
|
ND
|
1.16
|
147
Zone
|
|
|
|
|
|
|
|
and
|
204.50
|
205.50
|
1.00
|
ND
|
2.47
|
147
Zone
|
|
|
|
|
|
|
|
and
|
235.70
|
236.82
|
1.12
|
ND
|
13.23
|
147
Zone
|
|
|
|
|
|
|
|
and
|
277.50
|
281.50
|
4.00
|
ND
|
8.20
|
147
Zone
|
|
|
|
|
|
|
|
including
|
277.50
|
278.50
|
1.00
|
ND
|
27.33
|
147
Zone
|
|
|
|
|
|
|
|
GF11-189
|
47.00
|
51.60
|
4.60
|
ND
|
3.23
|
147
Zone
|
|
|
|
|
|
|
|
and
|
80.00
|
96.40
|
16.40
|
ND
|
1.86
|
147
Zone
|
|
|
|
|
|
|
|
including
|
84.00
|
87.00
|
3.00
|
ND
|
4.57
|
147
Zone
|
|
|
|
|
|
|
|
and
|
304.15
|
309.00
|
4.85
|
ND
|
1.11
|
147
Zone
|
|
|
|
|
|
|
|
and
|
322.00
|
323.00
|
1.00
|
ND
|
1.44
|
147
Zone
|
|
|
|
|
|
|
|
GF11-190(2)
|
113.00
|
116.00
|
3.00
|
ND
|
2.41
|
147
Zone
|
|
|
|
|
|
|
|
and
|
146.00
|
147.00
|
1.00
|
ND
|
4.87
|
147
Zone
|
|
|
|
|
|
|
|
and
|
178.00
|
181.00
|
3.00
|
ND
|
2.56
|
147
Zone
|
|
|
|
|
|
|
|
GF11-191(3)
|
125.00
|
130.00
|
5.00
|
ND
|
1.85
|
147
Zone
|
|
|
|
|
|
|
|
and
|
170.00
|
171.15
|
1.15
|
ND
|
2.61
|
147
Zone
|
|
|
|
|
|
|
|
and
|
352.00
|
354.00
|
2.00
|
ND
|
2078.73
|
147
Zone
|
|
|
|
|
|
|
|
including
|
352.00
|
353.00
|
1.00
|
ND
|
4165.15
|
147
Zone
|
|
|
|
|
|
|
|
and
|
372.00
|
376.00
|
4.00
|
ND
|
61.78
|
147
Zone
|
|
|
|
|
|
|
|
including
|
373.00
|
374.00
|
1.00
|
ND
|
243.43
|
147
Zone
|
|
|
|
|
|
|
|
GF11-192
|
102.00
|
103.00
|
1.00
|
ND
|
1.10
|
147
Zone
|
|
|
|
|
|
|
|
including
|
139.00
|
156.00
|
17.00
|
ND
|
3.59
|
147
Zone
|
|
|
|
|
|
|
|
including
|
145.00
|
152.00
|
7.00
|
ND
|
5.42
|
147
Zone
|
|
|
|
|
|
|
|
and
|
173.00
|
184.00
|
11.00
|
ND
|
3.34
|
147
Zone
|
|
|
|
|
|
|
|
including
|
178.00
|
184.00
|
6.00
|
ND
|
5.60
|
147
Zone
|
|
|
|
|
|
|
|
and
|
387.00
|
392.00
|
5.00
|
ND
|
1.65
|
147
Zone
|
|
|
|
|
|
|
|
GF11-194
|
191.00
|
241.00
|
50.00
|
ND
|
3.96
|
147
Zone
|
|
|
|
|
|
|
|
including
|
215.00
|
235.00
|
20.00
|
ND
|
6.82
|
147
Zone
|
|
|
|
|
|
|
|
and
|
319.00
|
320.00
|
1.00
|
ND
|
3.77
|
147
Zone
|
ND
- true width not defined
|
|
|
|
|
|
(1)
Assays Reported in June 2, 2011 Press Release
|
|
|
|
(2)
5 assays pending
|
|
|
|
|
|
(3)
62 assays pending
|
|
|
|
|
|