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Brigadier Gold (TSX-V: BRG) Options Little Stull Lake Project
Exploration project has an estimated historic potential 250,000 oz gold resource near 1.2 M Oz Monument Bay deposit

Toronto, November 3, 2009 - Brigadier Gold Limited (?Brigadier? or ?the Company?) (TSX-V: BRG) today announced it has entered into a Term Sheet for an Option Agreement with Puma Exploration Inc. (?Puma?) (TSX-V: PUM), which will follow with a formal agreement, to acquire Puma?s 71.6% interest in the Little Stull Lake gold project in northeastern Manitoba.

Under terms of the Option Agreement, which is subject to regulatory approval, Brigadier can acquire Puma?s interest by issuing 1,000,000 common shares to Puma, along with an additional 4,000,000 common shares following a 60-day due diligence period. Tanqueray Resources Limited, which has a right of first refusal on Puma?s interest, owns the remaining 28.4% interest in the Little Stull Lake gold project. The Option Agreement includes a Pre-Commercial Production Advance Royalty and NSR.  Brigadier will be the operator.

?We?re excited to be adding such a prospective project that has an estimated historic potential gold resource in what could be a new Canadian gold mining camp,? said Herb Kokotow, President and CEO. ?Along with our other projects in the Kirkland Lake-Larder Lake, and Matachewan camps, Brigadier has projects in some of Canada?s richest gold producing areas.?

The Little Stull Lake project is located 15 km north of the Monument Bay deposit, owned by Rolling Rock Resources. Monument Bay contains slightly more than 1,212,000 ounces of gold at 5.98 g/t gold (cut off grade 3 g/t) in a geologic setting similar to that identified at Little Stull Lake. This Rolling Rock Resources NI 43-101-compliant resource estimate was carried out by Beacon Hill Consultants in November 2008. In February 2009 Rolling Rock Resources also released a positive preliminary economic assessment of Monument Bay.

The Little Stull Lake Project has five (5) mineralized zones containing gold-bearing lenses, located along a major fault zone of approximately 60 km in length. A historical (non-43-101-compliant) resource of approximately 250,000 ounces of gold (750,000 tonnes @ 10.3 g/t Au) was estimated by Westmin Resources in 1991.

 

In its Phase One drilling campaign, Puma completed ten (10) drillholes totaling 1,500 metres in the 11W Zone. This zone carries the highest gold grades intersected in drilling during previous work, with intersections of 330 g/t Au, 202 g/t Au, and 125 g/t Au over one metre of core. All of Puma's holes intersected the mineralized zone, which contains an average of three core intersections per hole, each approximately one metre in length with gold values ranging up to 46 g/t Au. Individual intersections  contained values  as high as 46.0 g/t Au, 15.6 g/t Au, 8.4 g/t Au, and 7.2 g/t Au (see Puma?s press Release of 09/01/2008). Brigadier?s exploration is supervised by L.G. Hobbs, P.Eng., Project Geologist and a qualified person under National Instrument 43-101. Mr. Hobbs has reviewed and approved the contents of this news release.

For further information, please visit our website at www.brigadiergold.com or contact:

Brigadier Gold: Herb Kokotow, President & CEO: (Tel): (416) 410-7956, (Fax): (905) 707-1520

 

The resource estimate quoted herein is based on prior data and reports obtained and prepared by previous operators. The Company has not completed the work necessary to verify the classification of the mineral resource estimate. The Company is not treating the mineral resource estimate as NI 43-101 defined resources verified by a qualified person. The historical estimate should not be relied upon. This property requires considerable further evaluation which Brigadier?s management and consultants intend to carry out in due course. The TSX Venture Exchange has not reviewed, and does not accept responsibility for the adequacy or accuracy of this release. This press release includes certain "Forward-Looking Statements." All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of Brigadier, are forward-looking statements 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 Brigadier's expectations are disclosed under the heading "Risk Factors" and elsewhere in Brigadier?s documents filed from time-to-time with regulatory authorities.

 

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Annual reports of Brigadier Gold Ltd
Annual Report 2007
Financings of Brigadier Gold Ltd
3/22/2013: Warrant Term Extension
9/20/2012: Warrant Term Extension
9/11/2012Announces Closing of Initial Tranche of Private Placement Fi...
4/16/2012BRIGADIER GOLD ANNOUNCES INCREASE IN PRIVATE PLACEMENT FINAN...
6/17/2011Announces Re-Pricing of Non-Brokered Unit Private Placement
11/18/2010ANNOUNCES CLOSING OF $1.5 MILLION PRIVATE PLACEMENT
10/25/2010(TSX-V: BRG) Announces Increase in Private Placement
8/24/2010(TSX-V: BRG) Announces Argentina Property Transaction and Pr...
Nominations of Brigadier Gold Ltd
10/22/2010(angl) Announces Appointment of New President and CEO and D...
8/9/2007Announces Appointment of Investor Relations consultant and g...
7/3/2007Announces Appointment of Investor Relations consultant
Project news of Brigadier Gold Ltd
3/29/2011(Incamayo) Awaits Assay Results From Initial Drilling On The Incamay...
10/16/2008(Benson Creek (kirkland/ Larder))Brigadier Gold (TSX-V: BRG) Extends Gold Zone at Depth at La...
8/13/2008(Benson Creek (kirkland/ Larder))Confirms Continuation of Gold Mineralization at Larder Lake
1/8/2008(Benson Creek (kirkland/ Larder))Adds to Property Position at Larder Lake Project
1/8/2008(Benson Creek (kirkland/ Larder)) Adds to Property at Larder Lake Project
11/26/2007(Benson Creek (kirkland/ Larder))Announces Drill Results From Larder Lake Project
Corporate news of Brigadier Gold Ltd
1/29/2013to Acquire 80% Interest in Second Mozambican JV, and Raise $...
11/16/2012: Press Release
10/1/2012: Press Release
11/3/2009 Options Little Stull Lake Project
2/20/2009Announces Shares for Debt Issuance
12/19/2008Adds Simon Baker to Board of Directors
12/12/2008Begins Drill Program at Matachewan Gold Project
10/16/2008October 16, 2008
8/13/2008August 13, 2008
7/23/20082008 Exploration Update
7/14/2008Identifies Extension of Gold Mineralization at Larder Lake
7/7/2008Corporate Update
7/2/2008Announces Shares for Debt Issuance
6/10/2008Has Begun 2008 Exploration Program
3/14/2008Industry Bulletin
3/11/2008 Updated Executive Address
2/26/2008Announces 2008 Exploration Program
9/25/2007(Video) Brigadier Gold Corp CEO Video Interivew
9/11/2007Begins Follow-Up Drilling at Larder Lake Project
9/5/2007Begins Drilling at Hunter Mine
8/29/2007Retains AGORACOM to Provide Online Marketing Services
7/17/2007Announces Drill Program at Hunter Mine
2/28/2007Extension of Expenditure Deadline
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TSX-V (BRG.V)Other OTC (BGADF.PK)
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