Mr. Howard Bird reports

BRIGUS GOLD MAKES NEW HIGH-GRADE GOLD DISCOVERY

Brigus Gold Corp.'s exploration drilling on the southern portion of the Black Fox complex has confirmed a new multiple-horizon gold zone within the Grey Fox South gold-mineralized corridor located approximately 400 metres to the east and running subparallel to the 147 zone.

The associated table includes highlights from the drill holes reported today from the new Grey Fox South zone (all uncut, average gold grades over core length widths).

 
                                   DRILL RESULTS

Hole No.                 From                To        Core width        Gold assay
                          (m)               (m)               (m)             (g/t)

GF11-393                83.40             92.00              8.60              2.10
                       163.00            165.00              2.00             10.20
                       185.00            297.00            112.00              1.89
including              230.54            261.00             30.46              2.85
and                    276.00            289.00             13.00              4.63
GF11-401               136.00            156.00             20.00              4.72
GF11-408               139.00            147.00              8.00              1.57
                       163.00            167.00              4.00              3.07
                       268.00            293.00             25.00              6.30
including              269.00            278.00              9.00             13.38
GF11-409               201.80            215.00             13.20              1.89
                       298.00            312.42             14.42              1.45
GF12-559                80.00             85.90              5.90              4.67
                       296.50            308.45             11.95              7.34
GF12-563               152.00            168.45             16.45              1.93
                       295.50            299.00              3.50             41.79
GF12-573                75.00             78.00              3.00              4.27
                       300.53            307.30              6.77              3.42
GF12-580               124.00            134.75             10.75              4.96
including              124.50            127.55              3.05             14.13

"We are very excited to announce the discovery of another high-grade gold zone within the Grey Fox property of the Black Fox complex," said Howard Bird, senior vice-president, exploration, Brigus. "This discovery has the potential to significantly increase the company's gold resources."

Drilling has intersected the gold-mineralized trend over a 275-metre strike length. The zone remains open in all directions. Currently two drilling rigs are focused on defining the orientation and size of gold mineralized shoots and extending the mineralization along strike.

The Grey Fox South zone, the 147 zone and the Contact zone all occur within close proximity of each other and 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.

Planning is under way to develop the Grey Fox mine located on the southeast portion of the Black Fox complex. The initial resource estimate from this area, announced in December, 2011, added more than 50 per cent to the gold resource at the Black Fox complex. Brigus is in the process of expanding the resource and converting inferred ounces to indicated ounces through systematic infill drilling. An updated resource estimate will be released later this month. Initial engineering studies have been initiated and will continue through 2012 to determine project economics as well as development and production timelines. A preliminary economic assessment (PEA) for Grey Fox will be released in the fourth quarter and will incorporate the new resource.

Details of the most recent Grey Fox South zone drill holes and drill hole 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 A. Dixon, PGeo, reviewed the technical exploration information in this release as the qualified person for the company.

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