Apr. 27, 2011 (Business Wire) -- 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 high-grade assays over significant widths. The most recent results confirm a new gold zone, running north south and located approximately 150 metres to the east and running parallel to the Contact Zone. This gold discovery has been named the 147 Zone.

Photos of visible gold in hole GF11-176. (Photo: Business Wire)

Highlights from drilling completed at the 147 Zone target during February and March 2011 include (all uncut, average gold grades):

147 Zone

• GF11-152:
  • 7.98 gpt over core length 23.00 m
    • Including 15.11 gpt over core length 5.00 m
    • Including 20.93 gpt over core length 3.00 m
  • 3.26 gpt over core length 10.15 m
• GF11-168:
  • 7.20 gpt over core length 9.15 m
  • 2.32 gpt over core length 10.00 m
• GF11-169:
  • 5.22 gpt over core length 15.50 m
    • Including 14.96 gpt over core length 4.50 m
• GF11-176:
  • 20.99 gpt over core length 25.00 m
    • Including 30.67 gpt over core length 13.80 m
    • Including 9.56 gpt over core length 3.65 m

Several occurrences of visible gold have been intersected in the holes reported above (see attached photos).

The 147 Zone was previously referred to as the “Hanging Wall” of the Contact Zone. The name, 147 Zone, is in reference to the first drill hole confirming the potential of the discovery, as reported on February 25, 2011. Given the significance of these results, all four drill rigs currently operating at the Black Fox Complex are now active on the 147 Zone and a fifth rig will be added to the property in early May.

“These impressive results confirm that the 147 Zone is a new high-grade gold discovery for the Company,” said Wade K. Dawe, Chief Executive Officer and President of Brigus. “We are now focusing exploration drilling efforts in this area and look forward to receiving additional assay results as drilling progresses.”

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.

“Wide drill intercepts with positive gold assay results have been intersected over a strike length of 250 m in six holes,” said Howard Bird, Vice President Exploration Brigus. “Visible gold has been intersected in several of the holes reported here. The zone remains open to the north, east and at depth. Expanded drilling of the 147 Zone is now a key focus for Brigus as we continue to delineate this new discovery.”

Previously reported drill hole GF11-147 returned 9.04 gpt over core length 18.00 m, including 19.27 gpt over core length of 7.00 m and 3.10 gpt over core length of 9.70 m, including 5.32 gpt over core length of 3.00 m. Hole GF11-152 was drilled approximately 50 m to the south of discovery hole GF11-147, GF11-168 was drilled 25 m parallel and underneath hole GF11-147, hole GF11-169 was drilled approximately 120 m north of hole GF11-147 and hole GF11-176 was drilled approximately 30 m north of hole GF11-147. Mineralization in the 147 Zone occurs mainly within multiple quartz and carbonate healed brecciated zones within bleached units of variolitic mafic volcanics.

A drill-hole location map and photographs of visible gold mineralization from hole GF11-176 are included in this news release. The drill-hole location map, photographs and assay results over 2.0 gpt gold are posted on the Company’s website at www.brigusgold.com.

Surface drilling was conducted by Norex Drilling and was supervised by the Black Fox exploration staff. 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 and standards 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. In the Dominican Republic, Brigus has a joint venture covering 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.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6698733&lang=en

Brigus Gold Corp.

Jennifer Nicholson, CA

Vice President Investor Relations

Phone: 902-422-1421

Email: jnicholson@brigusgold.com

or

Wendy Yang, Vice President

Phone: 303-524-3203

E-mail: ir@brigusgold.com