Ms. Jennifer Nicholson reports
BRIGUS GOLD REPORTS FURTHER HIGH GRADE GOLD RESULTS FROM THE 147 ZONE
Brigus Gold Corp.'s exploration infill drilling on the southern
portion of the Black Fox complex continues to return high-grade gold
assays from the 147 zone.
The associated table includes highlights from the drill holes reported
today from the 147 zone (all assays are capped at 100 grams per tonne gold, average
gold grades over core length widths).
BLACK FOX DRILL RESULTS
Hole From To Width Gold
(m) (m) (m) (g/t)
GF11-396 87.30 107.00 19.70 1.29
465.00 488.00 23.00 3.13
GF12-433 177.00 187.00 10.00 8.95
including 182.20 185.20 3.00 27.04
207.00 220.00 13.00 5.14
GF12-435 24.50 32.00 7.50 8.86
GF12-438 41.00 78.50 37.50 2.25
including 62.92 66.00 3.08 8.75
GF12-458 84.70 97.20 12.50 3.34
GF12-471 206.00 218.40 12.40 4.54
GF12-474 30.00 62.00 32.00 5.10
including 49.00 59.00 10.00 15.34
GF12-484 40.50 50.00 9.50 7.49
GF12-520 188.20 205.15 16.95 12.74
GF12-532 139.00 195.00 56.00 7.65
including 167.00 195.00 28.00 13.08
"Our 2012 drill program continues to successfully convert inferred
ounces to indicated ounces as well as enlarge the 147 and Contact zones,
which both remain open for expansion," said Howard Bird, Brigus's senior vice-president of exploration. "Deep drilling shows good downdip
continuity from surface with excellent results at approximately 400-metre
vertical depth. We are looking forward to releasing an updated National Instrument 43-101
resource statement next month."
The initial resource estimate for the 147 and Contact zones, as released
in December, 2011, added more than 50 per cent to the gold resource at the
Black Fox complex. The 147 and Contact zones 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. 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.
Details of the most recent 147 zone drill holes and location map can be
found on the company's website.
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, Ont., 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 Dixon, PGeo, reviewed the
technical exploration information in this release as the qualified
person for the company.
We seek Safe Harbor.
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