Zenyatta Ventures has a new neighbor in the chase for Hydrothermal Graphite

Brookemont Capital Inc.

TSX VENTURE : BKT
 PINKSHEETS : BKTPF
FRANKFURT : BRO

March 12, 2014 03:01 ET

Brookemont Encounters Large Conductive Anomaly on the Kenagami Hydrothermal Graphite Prospect

VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 12, 2014) - Brookemont Capital Inc. ("BKT", "Brookemont" or the "Company") (TSX VENTURE:BKT)(PINKSHEETS:BKTPF)(FRANKFURT:BRO) wishes to announce it has discovered a large TDEM conductive anomaly on the Kenagami Hydrothermal Graphite prospect in Ontario. This anomaly measures approximately 800 metres by 500 metres and was outlined using the airborne survey recently completed by Brookemont.
Mr. Gregory Thomson Director of Brookemont states, "Tthis newly discovered anomaly significantly advances the development of our Kenagami Hydrothermal Graphite Prospect. We now have a large target measuring approximately 800 metres by 500 metres. Zenyatta Ventures Ltd. has recently made a discovery of massive hydrothermal graphite and we feel that there is district-wide potential for the discovery of additional magmatic hydrothermal graphite vein-breccia style mineralization similar to Zenyatta's Albany Graphite Deposit.

" Brookemont's new anomaly is of particular interest due its size and the strong overall TDEM response, consequently this will be our main exploration focus going forward."

Brookemont has several ongoing projects including: a) a 100% interest in the "Albany East" Prospect. This land is prospective for hydrothermal (vein) graphite and directly borders Zenyatta Ventures Ltd. property that hosts its hydrothermal graphite deposit. b) a 100-per-cent interest in the Kenagami hydrothermal graphite prospect in Ontario, c) an aluminous clay and rare earth prospect in the Gaspe Bay Region of Quebec. This prospect directly borders the Grand-Vallée Deposit of Orbite Aluminae Inc.

Mr. Gregory Thomson, P.Geo., is the qualified person for the project as defined by National Instrument 43-101 and he has reviewed this news release.

If you would like to be added the BKT email list please send an email to brookemontinfo@gmail.com.
Conrad Clemiss, President, Director
Brookemont Capital Inc.
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

Contact Information

• 
  
  Brookemont Capital Inc.
  Conrad Clemiss
  President, Director
  1604899-9150
  brookemontinfo@gmail.com
  www.Brookemontcapital.com

San Gold acquires gold and silver rights to Canadian Arrow Mines Rainy River property

San Gold Signs Financing and Option Agreement with Canadian Arrow Mines (ccnm)

WINNIPEG, MANITOBA--(Marketwire - June 27, 2012)

San Gold Corporation (TSX:SGR)(OTCQX:SGRCF) ("San Gold") is pleased to report that it has entered into an option agreement (the "Agreement") with the Canadian Arrow Mines Ltd. (TSX VENTURE:CRO) ("Canadian Arrow") properties located northeast of Rainy River, Ontario.

The Agreement gives San Gold an 80% undivided interest in all precious metals including, but not limited to, gold and silver but specifically excluding platinum and palladium (the "Precious Metals"), contained on Canadian Arrow's current properties. The rights to all other mineral resources including, but not restricted to, base metals, platinum and palladium remains with Canadian Arrow.

"This is an outstanding land package that we've been able to establish in the Rainy River area. This Agreement, in conjunction with the contract recently signed with Opawica, secures a proven gold property along with the main structural features associated with that deposit," said George Pirie, San Gold's President and Chief Executive Officer.

On June 19, 2012, San Gold announced a separate transaction to purchase three properties from Opawica Explorations Inc., including the Whitesides-Carscallen property and the Golden property, which are both located in the West Timmins gold camp, Ontario, and the Atikwa Lake property, which is located adjacent to the properties covered in this Agreement. Additionally, Canadian Arrow has extensive holdings in the Timmins area covered by this agreement.

Figure 1 at the end of this release shows the location of the Canadian Arrow and Opawica Exploration properties in relation to regional geology. Figure 2 shows the location of the Atikwa Lake Project in relation to Rainy River and Kenora.

To maintain the Agreement in good standing and earn an 80% interest in the Precious Metals contained on the properties, San Gold has agreed to, among other things, purchase 5,000,000 units of Canadian Arrow at a price of $0.10 per unit. Each unit will be comprised of one common share in the capital of Canadian Arrow and a half of one share purchase warrant. Each full warrant will entitle San Gold to purchase one common share in the capital of Canadian Arrow for an exercise price of $0.20 for a period up to two years from the date of the issuance of the warrant. In addition San Gold is also required to incur an aggregate $1,500,000 in expenditures on the properties graduated over four years from the date of execution of the Agreement. Upon completion of San Gold's obligations under the Agreement, San Gold will earn an 80% interest in all Precious Metals contained on the properties and a joint venture will be formed between San Gold and Canadian Arrow. Initial ownership in the joint venture will be San Gold 80% and Canadian Arrow 20%.

About San Gold
San Gold is an established Canadian gold producer, explorer, and developer that owns and operates the Hinge, 007, and Rice Lake mines near Bissett, Manitoba. San Gold employs more than 400 people and is committed to the highest standards of safety and environmental stewardship. San Gold is listed on the Toronto Stock Exchange under the symbol "SGR" and on the OTCQX under the symbol "SGRCF".
For further information on San Gold, please visit www.sangold.ca.
 
Cautionary Note
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release includes certain "forward-looking statements". All statements, other than statements of historical fact included in this release, including, without limitation, statements regarding forecast gold production, gold grades, recoveries, cash operating costs, potential mineralization, mineral resources, mineral reserves, exploration results, and future plans and objectives of San Gold, are forward-looking statements that involve various risks and uncertainties. These forward-looking statements include, but are not limited to, statements with respect to mining and processing of mined ore, achieving projected recovery rates, anticipated production rates and mine life, operating efficiencies, costs and expenditures, changes in mineral resources and conversion of mineral resources to proven and probable mineral reserves, and other information that is based on forecasts of future operational or financial results, estimates of amounts not yet determinable and assumptions of management.
 
FOR FURTHER INFORMATION PLEASE CONTACT:

George Pirie
San Gold Corporation
President and CEO
1 (416) 214-0024

OR

Tim Friesen
San Gold Corporation
Communications Director
1 (855) 585-4653
www.sangold.ca

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Brigus Gold Reports 5.95 Grams Per Tonne Gold over 56.7 Metres from the 147 Zone on the Black Fox Complex

Tuesday Apr 17, 2012 by Business WireBrigus 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 gold assays from the 147 Zone. 

The following table includes highlights from the drill holes reported today from the 147 Zone (all uncut, average gold grades over core length widths):

Hole Number   From      To      Core    Gold Assay
                (m)      (m)     Width   grams/tonne
                                  (m)
-----------   ------   ------   -----   -----------
  GF11-286     61.60    64.60    3.00       8.92
-----------   ------   ------   -----   -----------
  including    63.60    64.60    1.00       25.10
-----------   ------   ------   -----   -----------
  GF11-348    256.00   263.00    7.00       3.92
-----------   ------   ------   -----   -----------
  including   259.00   262.00    3.00       7.81
-----------   ------   ------   -----   -----------
              310.25   313.00    2.75       15.98
              ------   ------   -----   -----------
  including   311.25   312.10    0.85       43.71
-----------   ------   ------   -----   -----------
  GF12-412     52.00    66.00    14.00      1.58
-----------   ------   ------   -----   -----------
               93.00   103.00    10.00      27.78
              ------   ------   -----   -----------
  including    95.00   101.00    6.00       45.17
-----------   ------   ------   -----   -----------
  GF12-415     47.00   103.70    56.70      5.95
-----------   ------   ------   -----   -----------
  including    74.00    92.00    18.00      7.97
-----------   ------   ------   -----   -----------
     and       97.00   100.00    3.00       38.10
-----------   ------   ------   -----   -----------

"The ongoing drill program on the 147 Zone continues to deliver impressive results that expand and further confirm the continuity of this high grade gold zone," said Howard Bird, Brigus VP Exploration. "The near surface intercepts in drill holes GF12-412 and 415 are located within the conceptual open-pit design. Brigus recently commenced work to complete a preliminary economic assessment on both the 147 and Contact zones. The results of this study will be released in the third quarter along with an updated resource statement."
The initial resource estimate for the 147 and Contact zones, as released in December 2011, added more than 50 percent to the gold resource at the Black Fox Complex. 

The 147 and Contact zones provide Brigus with near term production growth opportunities due to their close proximity to the existing Black Fox Mine infrastructure.

To date, the Company has systematically explored 25 percent of the property and significant upside potential remains on the rest of the property. 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 the 147 Zone drill-hole location map is 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 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 has granted Cangold Limited the option to acquire a 75% interest in the Company's Ixhuatan Project located in the state of Chiapas. In the Dominican Republic, Brigus has signed an agreement to sell its remaining interests in three mineral exploration projects.

Cautionary and Forward-Looking Statements
Statements in this news release, which are not historical facts, are forward-looking statements that involve risk, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All statements regarding the Company's ability to successfully expand the Black Fox Complex gold resource, add to Black Fox resources, advance new discoveries to production, convert resource estimates into near-term production, release of an updated mineral resource estimate in 2012 and the Black Fox underground mine exploration drilling program 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 most recent Annual Information Form and Management Discussion and Analysis filed under the company's name at www.sedar.com and annual report on Form 40-F filed with the United States Securities and Exchange Commission at www.sec.gov 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.
SOURCE: Brigus Gold Corp.

Brigus Gold Corp. 
Jennifer Nicholson, CA, 902-442-7186 
Executive Vice President 
jnicholson@brigusgold.com 
or 
Katherine Burgess, 902-442-7184 
Manager, Stakeholder Relations 
kburgess@brigusgold.com

Related articles

• Brigus Gold Digging Its Way Out of the Hole (dailyfinance.com)
• Brigus Gold reports significant upside to 147 zone at Black Fox Mine! (retirefunds.blogspot.com)

Brigus Gold reports significant upside to 147 zone at Black Fox Mine!

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 gold assays from the 147 Zone. 

The following table includes highlights from the drill holes reported today from the 147 Zone (all uncut, average gold grades over core length widths):

Hole Number    Zone Core    Gold Assay
                  Width
               ---------    -----------
                   (m)       grams/tonne
               ---------    -----------
GF11-299          11.00         10.27
-----------    ---------    -----------
including         6.00          17.24
-----------    ---------    -----------
                  10.00         3.24
               ---------    -----------
including         4.00          6.69
-----------    ---------    -----------
GF11-308          1.00          27.22
-----------    ---------    -----------
                  16.00         2.83
               ---------    -----------
including         1.50          5.42
-----------    ---------    -----------
and               2.00          10.77
-----------    ---------    -----------
                  13.00         1.15
               ---------    -----------
GF11-323          12.00         9.11
-----------    ---------    -----------
including         7.00          14.15
-----------    ---------    -----------
and               1.00          49.89
-----------    ---------    -----------
GF11-338          20.60         3.45
-----------    ---------    -----------
including         2.60          5.73
-----------    ---------    -----------
and               5.08          7.09
-----------    ---------    -----------
GF11-377          5.50          5.03
-----------    ---------    -----------

"The Black Fox exploration program is advancing as planned and on schedule. To date, Brigus has drilled over 126,000 metres on the 147 and Contact zones with significant results that include 21 grams per tonne over 25.0 metres," said Howard Bird, Brigus' Vice President of Exploration. "The $8 million program in 2012 is designed to convert Inferred ounces to Indicated ounces through systematic in-fill drilling as well as to expand the resource."

The initial resource estimate for the 147 and Contact zones, as released in December 2011, added more than 50 percent 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. An updated resource estimate will be released later in the year.

To date, the Company has systematically explored 25 percent of the Black Fox Complex. Significant upside potential remains on the property which 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 on the most recent 147 Zone drill holes including the drill hole location map can be found 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
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 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 has completed its transaction to sell a 75% interest in the Ixhuatan Project located in the state of Chiapas to Cangold. In the Dominican Republic, Brigus has signed an agreement to sell its remaining interests in three mineral exploration projects.

Cautionary and Forward-Looking Statements
Statements in this news release, which are not historical facts, are forward-looking statements that involve risk, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All statements regarding the Company's ability to successfully expand the Black Fox Complex gold resource, add to Black Fox resources, advance new discoveries to production, convert resource estimates into near-term production, release of an updated mineral resource estimate in 2012 and the Black Fox underground mine exploration drilling program 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 most recent Annual Information Form and Management Discussion and Analysis filed under the company's name at www.sedar.com and annual report on Form 40-F filed with the United States Securities and Exchange Commission at www.sec.gov 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.

SOURCE: Brigus Gold Corp.

Brigus Gold Corp. 
Jennifer Nicholson, CA, (902) 442-7186 
Executive Vice President 
jnicholson@brigusgold.com 
or 
Katherine Burgess, (902) 442-7184 
Manager, Stakeholder Relations 
kburgess@brigusgold.com

Related articles

• Brigus Gold Corp Reports Additional High-Grade Gold Assays from the 147 Zone (retirefunds.blogspot.com)
• Brigus Gold Provides Operations Update Feb 21,2012 (retirefunds.blogspot.com)
• Dec 15-2011 - Brigus Gold raises resource estimate by 50% (retirefunds.blogspot.com)
• Brigus Gold Digging Its Way Out of the Hole (fool.com)

Brigus Gold

Infill Drilling at 147 Zone Returns Excellent Gold Assays

 2 hours ago by 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 gold assays from the 147 Zone.
 
The following table includes highlights from the drill holes reported today from the 147 Zone (all uncut, average gold grades over core length widths):

Hole Number Core Width  Gold Assay
                 (m)        (gpt)
             ----------  ----------
  GF11-275      5.00        9.26
-----------  ----------  ----------
  GF11-279      25.45       2.72
-----------  ----------  ----------
                10.85       10.57
             ----------  ----------
                20.00       3.27
             ----------  ----------
                2.00        14.11
             ----------  ----------
  GF11-298      4.00        6.22
-----------  ----------  ----------
  GF11-313      10.55       2.62
-----------  ----------  ----------
  GF11-317      6.60        8.43
-----------  ----------  ----------
                19.70       6.75
             ----------  ----------
                5.30        2.99
             ----------  ----------
  GF11-334      9.20        4.12
-----------  ----------  ----------

"Infill drilling at the 147 Zone continues to return excellent high grade drill results over thick intervals," said Howard Bird, Brigus' Vice President of Exploration. "These impressive results will expand the size of our current gold resource and we are confident that our 2012 drilling program will further expand the 147 and Contact Zones."

The initial resource estimate for the 147 and Contact zones, as released in December 2011, added more than 50 percent to the gold resource at the Black Fox Complex. The ongoing drill program continues to successfully increase the size of the gold resource through step-out drilling and is also designed to convert Inferred ounces to Indicated ounces through systematic in-fill drilling. An updated resource estimate will be released mid-year 2012. 

The 147 and Contact zones provide Brigus with near term production growth opportunities because of their proximity to the Black Fox mine infrastructure.

Brigus is continuing its exploration program in 2012 through an $8.0 million surface exploration program focused on expanding the 147 and Contact zones as well as other high potential zones on the Black Fox Complex. Currently, there are four drill rigs in operation on the property.

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 the 147 Zone drill-hole location map can be found 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
 
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 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 has completed its transaction to sell a 75% interest in the Ixhuatan Project located in the state of Chiapas to Cangold. In the Dominican Republic, Brigus has signed an agreement to sell its remaining interests in three mineral exploration projects.

Cautionary and Forward-Looking Statements
Statements in this news release, which are not historical facts, are forward-looking statements that involve risk, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All statements regarding the Company's ability to successfully expand the Black Fox Complex gold resource, add to Black Fox resources, advance new discoveries to production, convert resource estimates into near-term production, release of an updated mineral resource estimate in 2012 and the Black Fox underground mine exploration drilling program 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 most recent Annual Information Form and Management Discussion and Analysis filed under the company's name at www.sedar.com and annual report on Form 40-F filed with the United States Securities and Exchange Commission at www.sec.gov 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.
SOURCE: Brigus Gold Corp.

Brigus Gold Corp. 
Jennifer Nicholson, CA, 902-422-1421 
Executive Vice President 
jnicholson@brigusgold.com 
or 
Katherine Burgess, 902-422-1421 
Manager, Stakeholder Relations 
kburgess@brigusgold.com

Related articles

• Dec 15-2011 - Brigus Gold raises resource estimate by 50% (retirefunds.blogspot.com)
• A New Year for Brigus Gold (fool.com)
• Will Brigus Gold Shine in 2012? (fool.com)

Dec 15-2011 - Brigus Gold raises resource estimate by 50%

 Brigus Gold Corp  (TSX BRD) (Nasdaq BRD)

 Dec 15 (Reuters) - Brigus Gold raised the resources estimate at its Black Fox project in Ontario by more than 50 percent.

The indicated resources at the project are expected to increase from the current 116,710 ounces upon further drilling next year.

The company's exploration program continues to confirm the potential for new gold discoveries within the Black Fox Complex, which covers about 18 square kilometres within the Timmins mining district, it said in a statement.

Brigus has an C$8 million surface exploration budget for 2012, it said.

Shares of the company closed at C$1.10 on Wednesday on the Toronto Stock Exchange

As reported by TD Ameritrade via Reuters.

Related articles

• Brigus Gold Q3 production rises (retirefunds.blogspot.com)
• Brigus Gold Added to S&P/TSX Indices (retirefunds.blogspot.com)
• Brigus Gold Reports Additional High-Grade Gold Assays (retirefunds.blogspot.com)

Brigus Gold Reports Additional High-Grade Gold Assays

(Canadian Mid Tier Gold producer  Brigus Gold continues to expand footpront.)

5 hours ago by Business Wire

 Brigus Gold Corp. ("Brigus" or the "Company") (Nasdaq: BRD) (TSX: BRD) is pleased to announce that exploration drilling on the southern portion of the Black Fox Complex continues to return high-grade gold assays from the Contact Zone ("Contact Zone") as well as an intersection of ore-grade gold mineralization, hole GF11-337, in a new area of the Black Fox Complex.

Highlights from recent drilling at the Contact Zone include (all uncut, average gold grades over core length widths):

Hole Number Core Width (m)  Gold Assay (gpt)
-----------  --------------  ----------------
  GF11-238        11.32            3.54
-----------  --------------  ----------------
  including       3.00             7.15
-----------  --------------  ----------------
     and          1.00             7.75
-----------  --------------  ----------------
  GF11-241        4.55             2.91
-----------  --------------  ----------------
                  3.20             10.65
             --------------  ----------------
                  1.80             18.29
             --------------  ----------------
                  7.50             7.19
             --------------  ----------------
  GF11-243        6.00             2.95
-----------  --------------  ----------------
  including       3.00             5.23
-----------  --------------  ----------------
  GF11-265        2.00             36.45
-----------  --------------  ----------------
  including       1.00             69.19
-----------  --------------  ----------------
                  16.00            4.25
             --------------  ----------------
  including       3.00             12.21
-----------  --------------  ----------------
  GF11-259        12.00            3.31
-----------  --------------  ----------------
  including       4.00             5.85
-----------  --------------  ----------------
     and          3.00             4.02
-----------  --------------  ----------------
  GF11-261        2.30             20.55
-----------  --------------  ----------------
  GF11-264        0.50             46.36
-----------  --------------  ----------------
                  8.20             4.53
             --------------  ----------------
  including       3.00             8.60
-----------  --------------  ----------------
  GF11-316        14.00            1.87
-----------  --------------  ----------------
                  72.90            1.77
             --------------  ----------------
  including       18.00            3.54
-----------  --------------  ----------------

The ore-grade gold mineralization discovered in Hole GF11-337 was the result of drill testing underneath a distinct linear topographic low structure. This is the only hole that drill results have been received on to date. Further drill testing in this area will continue early in December. The mineralized intercept is highly brecciated with abundant quartz veins and fine grained pyrite hosted in mafic volcanics. This hole is located approximately 200 metres ("m") to the north of the Contact Zone.

Hole Number Core Width (m)  Gold Assay (gpt)
-----------  --------------  ----------------
  GF11-337             9.00              3.59
-----------  --------------  ----------------
  including            1.00             10.63
-----------  --------------  ----------------
     and               1.00              6.86
-----------  --------------  ----------------

"We are encouraged by the ongoing positive drill results on the southern portion of the Black Fox Complex. Both the 147 and Contact Zones continue to return excellent gold assays," said Howard Bird, Brigus VP Exploration. "We are also excited about the discovery of a potential new zone. Until now, there has only been limited historical exploration drilling between the Contact Zone and the Black Fox Mine. This four kilometre stretch has significant exploration potential."

The Black Fox Complex covers an area of approximately 18 square kilometres within the Timmins Mining District, Ontario. The Contact Zone consists of a steeply dipping gold mineralized fault contact between the north-south trending metasediments and mafic volcanic rocks, and other parallel hanging wall and footwall gold mineralized zones. The general dip of the feature is 78 degrees to the east. To date, Brigus has outlined an area of mineralization approximately 400 m in strike length at the Contact Zone that remains open along strike to the north and open at depth.

Twelve high-priority drill targets and 14 secondary targets have been identified through a 2010 Titan 24 deep induced polarization geophysical and magnetotelluric survey over the Black Fox Complex. Only one of these targets has been drilled to date. Additional drilling of these targets will be included as part of our exploration program going forward.

Drilling at the Black Fox Complex is progressing as planned to complete an initial NI 43-101 compliant resource estimate to be released in December on the 147 Zone and the Contact Zone with five drill rigs operating. Two drill rigs are infill drilling and testing along strike and down-dip on the Contact Zone, two drill rigs are expanding the 147 Zone, and one drill rig is focused on testing other known gold bearing structures, as well as, new potential gold bearing targets defined from the recent induced polarization and magnetic geophysical surveys.

Details of the most recent Contact Zone drill holes are 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
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, all in the Township of Black River - Matheson, Ontario, Canada. Brigus is also advancing its Goldfields Project located near Uranium City, Saskatchewan, Canada, which hosts the Box and Athona gold deposits. In Mexico, Brigus has entered a transaction to sell 75% of its Ixhuatan silver-gold projected located in the state of Chiapas. In the Dominican Republic, Brigus has signed an agreement to sell its remaining interests in three mineral exploration projects.

Cautionary and Forward-Looking Statements
Statements contained in this news release that are not historical facts are forward-looking statements that involve risk, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All statements regarding the ability of the Company to achieve targeted gold production at its Black Fox Mine, including underground production, and cash costs, mill expansion results, meet capital construction schedules and costs, and the continuation of a rising gold price are forward-looking statements and estimates that involve various risks and uncertainties. This forward-looking information includes, or may be based upon, estimates, forecasts, and statements as to management's expectations with respect to, among other things, the issue of permits, the size and quality of the company's mineral resources, progress in development of mineral properties, future production and sales volumes, capital and mine production costs, demand and market outlook for metals, future metal prices and treatment and refining charges, and the financial results of the Company.
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 most recent Annual Information Form and Management Discussion and Analysis filed under the Company's name at www.sedar.com and annual report on Form 40-F filed with the United States Securities and Exchange Commission at www.sec.gov as well as elsewhere in Brigus' documents filed from time to time with the Toronto Stock Exchange, the NYSE Amex Equities, 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.
SOURCE: Brigus Gold Corp.

Brigus Gold Corp. 
Jennifer Nicholson, CA 
Vice President Investor Relations 
902-422-1421 
jnicholson@brigusgold.com 
or 
Katherine Burgess 
Manager Stakeholder Relations 
902-422-1421 
kburgess@brigusgold.com

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TNR Gold Corp. Options 100% Interest in Iron Ore Project, Northwestern Ontario

TNR Gold Corp.  (.05c)

TSX VENTURE EXCHANGE:

November  2011

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 2, 2011) - TNR Gold Corp. (TSX VENTURE:TNR) ("TNR" or the "Company") is pleased to announce that the Company has entered into a purchase option agreement (the "Agreement") on the acquisition of the Soules Bay Iron Ore project.
Key Highlights:

• Readily accessible: proximal to highway, power and rail;
• 12kms of highly magnetic iron formation strike length contained within the Property;
• Partially overlapping and adjacent to the west is a historical reserve* of 628 million tonnes grading 23.1% soluble iron**;
• 94.5 metre composite 1957 drill sample reports 24.9% soluble iron within and near the western boundary of the Property;
• Iron formation extending to the west has witnessed considerable exploration while limited exploration performed within Property boundary on same-trend magnetic anomaly; and
• The Company to acquire 100% interest.

"The acquisition of the Soules Bay Iron Ore project, encompassing 12 kilometres in strike length of a more extensive iron formation known to host a significant historical reserve, represents a remarkable opportunity for TNR to become a key player in the exploration and potential development of Canadian based Iron projects," states TNR President and CEO Gary Schellenberg.

A comprehensive exploration program consisting of a high resolution airborne magnetic survey, geologic mapping/prospecting and subsequently diamond drilling is planned to be performed throughout the Property along the extent of the highly prominent iron formation.

Under the terms of the Agreement, TNR will acquire a 100% interest in the Property by making aggregate cash payments of $99,065 and issuing an aggregate of 150,000 common shares over a four year period to the Optionor. The Optionor retains a 2% net smelter return royalty on the Property subject to TNR's right to purchase one-half (1/2) of the two percent (2%) for $1 million at any time. The Agreement is made between the Company and Perry English of Souris, Manitoba, an authorized agent for Rubicon Minerals Corporation (TSX:RMX) (the "Optionor").

The Agreement is subject to TNR obtaining approval from the TSX Venture Exchange.

Soules Bay Property
The 1904-hectare Property is located approximately 310 kilometres north of Thunder Bay and 45 kilometres south of Pickle Lake in northwestern Ontario. Provincial Highway 599, originating off the Trans-Canada Highway 17 from the town of Ignace to Pickle Lake, passes less than 300 metres southeast of the Property. An electrical grid is situated just east of the Property and a railway line is located approximately 96 kilometres south at Savant Lake station on Highway 599.

The Property occurs within the eastern Lake St. Joseph Greenstone Belt in the Uchi Subprovince of the Superior Province of the Canadian Shield. The main target area consists of a banded iron formation of considerable extent of which 12kms of strike length is contained within the Property limits. The on-strike extension of the iron formation, partially overlapping, adjacent and to the west of the Property, has witnessed considerable exploration by Steep Rock Iron Mines Ltd. ("Steep Rock") from 1957-1961 reporting a historical indicated reserve* of 628 million tonnes averaging 23.1% soluble iron** yielding a concentrate averaging 67.6% soluble iron signifying an 84.8% recovery at a concentration ratio of 3.4:1; or 29.3 weight percent (Goodwin 1965 and Taylor et al. 1972).

One of the 1957 drill holes (hole #2) utilized in the 1960 Steep Rock reserve calculation, situated within and proximal to the Property's western boundary, reported a 94.5 metre composite sample grading 24.9% soluble iron yielding a concentrate of 68.8% soluble iron signifying an 82.7% recovery at a concentration ratio of 3.3:1; or 29.9 weight percent.

The vast majority of the 12 kilometre long iron formation within the Property remains untested.
Ike Osmani, M.Sc., P.Geo., is the Qualified Person (QP) as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects and is responsible for the preparation of all technical information contained in this news release.

*The geology and assay results quoted above are from various historical reports and have not been verified by the Company. A Qualified Person (QP), as defined in NI 43-101, has not done sufficient work to classify this historical estimate as current mineral resources. TNR is not treating the historical estimate as current mineral resources, as defined in NI 43-101, and thus the historical estimate should not be relied upon. Furthermore, because no recent work has been done to evaluate the economics of the deposit, there is no guarantee that the quoted historic "reserve" figure is potentially economic. Economic studies done in 1960 do not mean the mineralized iron deposit would be found to be economic today. In accordance with NI 43-10, Sec 2.3 (2), the reader is cautioned that the estimate of the potential quantity and grade for the deposit is conceptual in nature and that there has not been sufficient exploration in this instance to define a current mineral resource nor is there certainty that further exploration will delineate the target as a mineral resource.

**Soluble iron is that partial component of total iron content that is acid (i.e. aqua regia) soluble. For clarification, the iron in iron oxides is classified as acid soluble, whereas iron-bearing silicates represent an example of material categorized containing insoluble iron.

About TNR Gold Corp.
TNR is a diversified international mineral exploration company focusing on the advancement of existing properties and identifying and acquiring new prospective projects. TNR has a portfolio of 18 active projects, of which 9 rare metals projects, including Mariana, is now held by TNR's recently listed subsidiary, International Lithium Corp. (TSX VENTURE:ILC). TNR remains a large shareholder in ILC at 28% of outstanding shares.

The recent acquisition of lithium, other rare metals, rare-earth elements and iron ore projects in Argentina, Canada, USA and Ireland confirms TNR and ILC's commitments to generating projects, diversifying its markets, and building shareholder value.

On behalf of the board,
Gary Schellenberg, President

Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. News release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

CUSIP: #87260X 109

SEC 12g3-2(b): Exemption #82-4434

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

TNR Gold Corp.
Gary Schellenberg
President
(604) 687-7551 or Toll Free: 1-800-667-4470
(604) 687-4670 (FAX)
info@tnrgoldcorp.com
www.tnrgoldcorp.com

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Rare Earth Elements discovered by TNR Gold Corp.

TNR Gold Corp.

TSX VENTURE : TNR

October 25, 2011 10:13 ET

TNR Gold Corp.: Preliminary Results at Seabrook Niobium-Rare-Earth Elements Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 25, 2011) - TNR Gold Corp. (TSX VENTURE:TNR) ("TNR" or the "Company") is pleased to announce the Company has completed preliminary work at the Seabrook Niobium and Rare Earth Elements ("REE") Property (the "Property") in northern Ontario.
Key Highlights:

• Preliminary analyses confirms significant historical REE grades;
• 45% of samples report >0.20% TREO;
• Cerium, Neodymium, Lanthanum and Niobium oxide grades range up to:
  3,233 ppm Ce₂O₃, 1,779 ppm Nd₂O₃, 1,163 ppm La₂O₃, and 1,903 ppm Nb₂O₅; and
• Preliminary soil orientation survey completed, awaiting results.

"We are encouraged by the rare-earth element levels and the corroboration of historical results reported from this initial sampling program," states Gary Schellenberg, President and CEO of the Company. "This was the first step in a fully warranted comprehensive evaluation of the multi-commodity potential of the Property."
Seabrook Niobium – Rare-Earth Elements Project Update
Results from 22 geochemical and mineralogical characterization samples (grab samples*) are consistent with historical work by exploration companies and published work by Ontario government geologists. The following table summarizes samples containing greater than 0.20% Total Rare-Earth Oxides + Yttrium ("TREO+Y").

Sample ID	TREO%	CeO2 ppm	Nd2O3 ppm	La2O3 ppm	Nb2O5 ppm
16205	0.71	3233	1779	1163	594
16204	0.48	2026	1065	842	1903
16206	0.42	1851	799	903	302
16222	0.31	1242	549	634	436
16207	0.28	1283	702	365	144
16203	0.28	1236	500	585	388
16211	0.27	1277	552	568	346
16216	0.25	1032	545	486	104
16209	0.24	1113	367	620	396
16208	0.24	1089	321	677	714

The Seabrook Carbonatite Complex hosts Niobium and Rare-Earth Element mineralization with Light Rare-Earth Elements (LREEs) dominating. LREEs account for 94% of TREO+Y in samples with ≥0.20% TREO+Y. Three LREEs account for approximately 84% of TREO+Y in samples with ≥0.20% TREO+Y. These are Cerium (~44%), Neodymium (~20%) and Lanthanum (~20%).

This initial survey of the property was conducted under the supervision of Dr. Frederick Breaks, P. Geo., and the Company's special advisor on Rare - Earth Element ("REE") exploration. Further mineralogical work is underway. Subsequent to the identification of historical workings in the hematite alteration zone an orientation soil survey was conducted in this area. Results of the soil survey are pending.

*Note: grab samples are by definition selective and are unlikely to represent average grades on the property.

About the Seabrook Project
The Seabrook Project is located 100 kilometres northeast of Sault Ste. Marie in northern Ontario, covers 512 hectares and is accessible year round. The property encloses the Seabrook Carbonatite Complex which forms the area of prospective geology. Access to the property is by major paved highways with the final 10 kilometres on unpaved forest service road. Electrical transmission lines cross the southwest corner of the property.

The Seabrook Carbonatite is approximately 1.5 x 2.5 kilometres in area and elongated along a north-south trend forming a tadpole shaped complex consisting of sovite and silicocarbonatite in the bulbous northern portion and ijolite in the tail to the south. The entire complex is enveloped by a well developed aureole of fenitized granitic rocks.

Limited historical exploration of the Seabrook Carbonatite has indicated significant REE potential. In 1955, W. Bussineau reported 4 grab samples* grading 0.6, 1.5, 4.7 and 10.3% Nb₂O₅. In 1971, Canpac Minerals Ltd. and Gunnex Ltd. reported grab samples grading up to 0.90% Nb and outlined 3 areas of high Nb values that were never followed up by drilling. In 1977, as part of a geological survey of the Chapleau area for the Ontario Division of Mines, Thurston et al published data on a sample from a hematite-rich carbonate rock estimated to cover a 90m by 90m area and grading 0.47% Ce₂O₃ and 0.22% La₂O₃ where only those two Rare-Earth Elements (Ce and La) were analyzed.

Mr. John Harrop is the Company's qualified person on the Seabrook Project and as required under NI 43-101 and has reviewed the technical information contained in this press release.

Terminology used in this News Release
REE (Rare-Earth Element): any of Lanthanum (La), Cerium (Ce), Praesodymium (Pr), Neodymium (Nd), Samarium (Sm), Europium (Eu), Gadolinium (Gd), Terbium (Tb), Dysprosium (Dy), Holmium (Ho), Erbium (Er), Thulium (Tm), Ytterbium (Yb) and Lutetium (Lu) which form the Lanthanide series. Yttrium (Y) is also included as a REE.

TREO (Total Rare-Earth Oxides): The chemical component each REE is often given as an oxide rather than simple element. The combined total of La₂O₃, CeO₂, Pr₂O₃, Nd₂O₃, Sm₂O₃, Eu₂O₃, Gd₂O₃, Tb₂O₃, Dy₂O₃, Ho₂O₃, Er₂O₃, Tm₂O₃, Yb₂O₃ and Lu₂O₃ is given as an aggregate grade summary. TREO+Y indicates Y₂O₃has been included in the aggregate.
LREE (Light Rare-Earth Element): Elements Lanthanum to Europium
HREE (Heavy Rare-Earth Element): Elements Gadolinium to Lutetium and Yttrium.
RM (Rare Metal): A number of metallic elements not included in other groups such as REE, precious metals, base metals, etc. Although Rare Metals are not as rigorously defined as other groups and have quite different chemistry, they generally include Li, Be, Rb, Cs, Zr, Nb, Hf and Ta. Other elements are sometimes included.

ABOUT TNR GOLD CORP.
TNR is a diversified international mineral exploration company focusing on the advancement of existing properties and identifying and acquiring new prospective projects. TNR has a portfolio of 18 active projects, of which 9 rare metals projects, including Mariana, is now held by TNR's now-listed subsidiary, ILC. TNR remains a large shareholder in ILC at 28% of outstanding shares.

The recent acquisition of lithium, other rare metals and rare-earth elements projects in Argentina, Canada, USA and Ireland confirms the TNR and ILC's commitments to generating projects, diversifying its markets, and building shareholder value.

On behalf of the board,
Gary Schellenberg, President

Statements in this press release other than purely historical information, historical estimates should not be relied upon, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. News release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
CUSIP: #87260X 109
SEC 12g3-2(b): Exemption #82-4434

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

• 
  
  TNR Gold Corp.
  Gary Schellenberg
  President
  (604) 687-7551 or 1-800-667-4470
  (604) 687-4670 (FAX)
  info@tnrgoldcorp.com
  www.tnrgoldcorp.com
  
  

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