San Gold reports expanded resource base!

San Gold Corporation

TSX : SGR
OTCQX : SGRCF

October 22, 2012 07:00 ET

007 Drill Results Continue to Expand the Deposit

WINNIPEG, MANITOBA--(Marketwire - Oct. 22, 2012) - George Pirie, President and Chief Executive Officer for San Gold Corporation (TSX:SGR)(OTCQX:SGRCF), is pleased to announce interim results of its ongoing 2012 diamond drilling program on the 007 deposit within the Company's 100% owned Rice Lake Project located in Bissett, approximately 235 kilometres northeast of Winnipeg, Manitoba, Canada. The Rice Lake Project has a permitted, modern gold mill currently processing ore at a capacity of 2,500 tons per day, modern surface infrastructure including a licensed tailings management facility, and is connected to the Manitoba power grid system.

Since being discovered in 2009, the 007 deposit continues to demonstrate robust grades and widths across all four lenses of the deposit and it continues to be consistent at depth while structural characteristics are becoming increasingly predictable. 

This drilling activity is part of the Company's program to upgrade resources into higher confidence categories and to increase reserves within the mining complex. Overall results are positive and comparable with the Company's March 31, 2012 resource update. The Company will continue drilling for the remainder of 2012 and provide a resource update in the first quarter of 2013.

"The 007 deposit drilling continues to prove up high-quality resources which are accessible from existing infrastructure. The drilling continues to confirm the continuity of the deposit at depth. The ongoing development of the 16 and 26 Levels will provide drill platforms for further resource and reserve definition. Mining is currently scheduled to begin from these levels in early 2014," said Mr. Pirie.
Highlights of the drilling program include:

Hole	Zone		From (m)		To (m)		Grade (g/t)		Length (m)		Below Surface (m)
DX-12-023	007		1026.7		1038.0		11.3		11.3		718
DX-12-034	007		1044.9		1050.7		15.9		5.7		757
S887-12-021	730		44.2		49.1		24.2		4.9		361
S890-12-007	730		117.7		120.2		42.6		2.5		416
607-12-031	Shoreline Basalt		185.1		187.4		28.8		2.3		1239
607-12-032	Shoreline Basalt		208.1		209.9		20.0		1.8		1246

Drilling for this program was carried out in three regions from drill stations located on surface and underground, with a total of 98 drill holes intercepting the 007 deposit and adjacent regions of the Shoreline Basalt Unit so far this year. The Company is very encouraged by the results of the Shoreline Basalt Unit drilling program as it continues to demonstrate the expansion of existing mineralized zones and the potential of new zones to be discovered along the Shoreline Basalt Unit both east and west and at depth.
The following provides a brief summary of the drilling program in each of the three regions:

1. 61 intersections were obtained between 300 and 595 metres below surface. Drilling in this region occurred both from surface and underground drill stations. These infill targets were identified to support the Company's near-term mining plans within the active mining region accessed by ramp from the Hinge/007 portal.
   
   
2. 7 intersections were obtained from between 700 and 895 metres below surface from surface drilling stations. The Company intends to drill this region more fully once development from 16 Level has reached the Hinge district.
   
   
3. 30 intersections were obtained from between 900 and 1,250 metres below surface. These infill targets were identified to support planned development of the 007 deposit from 26 Level. The 26 Level is the closest portion of the Rice Lake mine infrastructure to the projections of the 007 deposit. Development is currently underway in this region and mining is expected to commence in early 2014.
   
   Table 1 at the end of this release provides the full list of results from this year's drilling program to date.
   
   Figure 1 at the end of this release provides a longitudinal section of the three main drilling regions within the 007 deposit and planned development from 16 and 26 Level.
   
   Figure 2 at the end of this release provides a plan view of planned development of the 007 deposit from 16 Level of the Rice Lake mine.
   
   Figure 3 at the end of this release provides a plan view of planned development of the 007 deposit from 26 Level of the Rice Lake mine.
   
   

Underground drill core samples are assayed on site in the company's assay lab using the fire assay method with an AA and gravimetric finish. San Gold's quality control and assurance program includes the insertion of standards, the retention of pulps and rejects, and spot checks utilizing independent labs including TSL Laboratories in Saskatoon, SK and Accurassay Laboratories of Thunder Bay, ON. The core lengths are actual lengths as drilled and have not been adjusted for the true width of the mineralized zones.
This drilling program was carried out by San Gold mine geologists under the supervision of D. Ginn, P.Geo., the Qualified Person for San Gold under National Instrument 43-10, who has reviewed and approved the press release.

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. The Company employs more than 400 people and is committed to the highest standards of safety and environmental stewardship. San Gold is on the Toronto Stock Exchange under the symbol "SGR" and on the OTCQX under the symbol "SGRCF".
Cautionary Note
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 the Company, 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.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties that could cause actual events or results to differ from those reflected in the forward-looking statements.
There can be no assurance that forward-looking 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 the Company's expectations include, among others, the actual results of current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined as well as future prices of precious metals, as well as those factors discussed in the section entitled "Other MD&A Requirements and Additional Disclosure and Risk Factors" in the Company's most recent quarterly Management's Analysis and Discussion ("MD&A"). Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
Exploration results that include geophysics, sampling, and drill results on wide spacings may not be indicative of the occurrence of a mineral deposit. Such results do not provide assurance that further work will establish sufficient grade, continuity, metallurgical characteristics, and economic potential to be classed as a category of mineral resource. A mineral resource that is classified as "inferred" or "indicated" has a great amount of uncertainty as to its existence and economic and legal feasibility. It cannot be assumed that any or part of an "indicated mineral resource" or "inferred mineral resource" will ever be upgraded to a higher category of resource. Investors are cautioned not to assume that all or any part of mineral deposits in these categories will ever be converted into proven and probable reserves.
Table 1: 2012 007 Drill Intersections by Elevation ¹

	Drill Hole	Zone		From (m)		To (m)		Grade (g/t)	Length (m)	Below Surface (m)
	Active Mining Region Drilling
1	JH-11-044	700		453.9		457.0		19.4	3.1	300
2	JH-11-047	700		469.3		470.1		1.4	0.8	308
3	CD-11-296	740		433.5		436.9		12.5	3.4	324
4	CD-11-297	740		443.0		444.8		1.6	1.8	335
5	887-12-050	730		2.4		6.4		4.3	3.9	336
6	887-12-051	730		4.1		6.7		11.4	2.7	336
7	CD-12-298	740		446.7		449.4		9.3	2.7	338
8	CD-12-290	730		455.1		456.5		10.3	1.4	338
9	CD-12-311	740		443.6		453.5		1.2	10.0	340
10	CD-12-268	730		453.2		463.5		9.8	10.3	342
11	S887-12-005	730		43.4		44.6		1.5	1.2	346
12	CD-12-317	740		457.6		457.9		20.5	0.3	347
13	CD-12-283	730		460.2		464.4		24.5	4.1	347
14	CD-11-303	740		452.6		453.4		74.6	0.8	348
15	S887-12-001	740		54.4		56.3		18.1	1.9	348
16	CD-12-324	730		461.1		465.9		5.2	4.8	349
17	CD-12-276	730		460.9		466.0		6.0	5.2	353
18	CD-12-289	730		464.8		468.0		3.5	3.2	354
19	S887-12-006	730		46.4		47.7		2.0	1.3	354
20	S887-12-025	730		41.9		46.0		11.1	4.1	357
21	S887-12-002	740		62.3		65.5		17.1	3.2	360
22	CD-12-275	730		466.4		470.4		7.4	4.0	360
23	S887-12-029	730		52.4		57.8		2.6	5.4	361
24	CD-11-304	740		460.5		462.2		3.8	1.7	361
25	S887-12-021	730		44.2		49.1		24.2	4.9	361
26	CD-12-269	730		467.8		473.6		10.5	5.8	364
27	S887-12-026	730		50.1		53.9		4.3	3.8	367
28	JH-11-029	720		512.4		514.9		3.7	2.2	369
29	S887-12-030	730		61.7		63.2		29.3	1.5	369
30	CD-12-263	730		473.8		477.1		4.9	3.3	369
31	S887-12-003	740		76.0		78.0		16.3	2.0	374
32	S887-12-022	730		56.3		60.5		8.3	4.2	377
33	S887-12-017	730		59.6		63.4		5.2	3.8	379
34	JH-11-048	700		486.1		487.3		1.3	1.2	379
35	S890-12-009	730		81.3		89.9		0.3	8.5	382
36	S887-12-027	730		61.9		70.0		5.8	8.1	384
37	S887-12-008	730		76.8		80.3		7.6	3.5	389
38	S887-12-004	740		92.4		94.2		2.5	1.8	396
39	S890-12-001	730		95.0		97.0		8.2	2.0	398
40	CD-12-271	730		496.4		498.1		9.5	1.7	399
41	S887-12-018	730		79.0		85.3		13.9	6.3	402
42	CD-12-264	730		490.7		496.5		3.3	5.8	402
43	CD-12-299	740		495.3		497.3		1.3	2.0	406
44	CD-12-325	740		499.7		501.5		0.5	1.9	414
45	S890-12-007	730		117.7		120.2		42.6	2.5	416
46	CD-12-291	730		505.1		508.1		18.8	3.0	417
47	S887-12-023	730		98.6		104.7		16.1	6.1	420
48	S882-12-008	700		166.5		167.4		5.7	0.9	424
49	CD-12-270	730		506.5		512.1		1.9	5.6	424
50	CD-12-279	730		511.6		513.9		36.0	2.3	433
51	CD-12-274	730		518.3		520.8		0.4	2.5	435
52	S887-12-013	740		118.5		122.3		7.3	3.7	437
53	S882-12-006	700		197.5		201.5		4.4	4.0	440
54	S882-12-004	700		215.4		216.8		0.1	1.4	442
55	S882-12-002	700		239.2		240.2		0.3	1.0	449
56	S882-12-003	700		243.4		244.2		0.0	0.9	473
57	CD-12-301	740		548.5		549.2		1.0	0.6	480
58	CD-12-266	730		545.7		547.3		13.1	1.6	480
59	CD-12-329	730		570.0		574.5		3.8	4.5	505
60	CD-12-267	730		585.7		589.5		6.4	3.7	533
61	CD-12-326	740		592.0		596.8		0.9	4.8	538
	16 Level Access Drilling
62	DX-12-032	007		1025.0		1049.0		1.7	24.0	701
63	DX-12-023	007		1026.7		1038.0		11.3	11.3	718
64	DX-12-034	007		1044.9		1050.7		15.9	5.7	757
65	DX-12-028	007		1059.9		1063.4		1.2	3.5	763
66	DX-11-021	007		1082.8		1084.9		0.2	2.1	819
67	DX-12-026	007		1045.0		1047.9		12.1	2.8	823
68	DX-12-027	007		1094.2		1094.5		32.1	0.3	829
	26 Level Access Drilling
69	607-12-005	Shoreline Basalt		118.7		119.1		56.2	0.4	905
70	607-12-003	Shoreline Basalt		115.0		117.1		3.3	2.1	1128
71	607-12-021	Shoreline Basalt		113.5		123.6		3.8	10.0	1143
72	607-12-017	Shoreline Basalt		151.5		152.2		2.5	0.6	1148
73	607-12-006	Shoreline Basalt		76.6		79.1		3.2	2.5	1148
74	607-12-023	Shoreline Basalt		191.9		192.1		31.6	0.2	1149
75	607-12-020	Shoreline Basalt		180.5		183.5		2.8	3.0	1153
76	607-12-019	Shoreline Basalt		269.8		272.2		4.5	2.4	1169
77	607-12-010	Shoreline Basalt		161.5		162.4		1.5	0.9	1172
78	607-12-001	Shoreline Basalt		192.4		194.0		10.0	1.7	1172
79	607-12-022	Shoreline Basalt		192.0		192.5		8.3	0.4	1175
80	607-12-016	Shoreline Basalt		186.3		187.1		0.1	0.8	1178
81	607-12-009	Shoreline Basalt		69.1		71.6		0.7	2.6	1181
82	607-12-004	Shoreline Basalt		92.0		94.2		0.0	2.2	1182
83	607-12-002	Shoreline Basalt		130.9		135.8		5.2	4.9	1183
84	607-12-011	Shoreline Basalt		8.2		9.1		4.0	0.9	1184
85	607-12-013	Shoreline Basalt		66.0		68.4		1.6	2.4	1185
86	607-12-007	Shoreline Basalt		16.5		16.7		4.8	0.2	1186
87	607-12-024	Shoreline Basalt		152.3		153.1		6.2	0.8	1192
88	607-12-033	Shoreline Basalt		187.5		191.4		3.6	3.9	1194
89	607-12-028	Shoreline Basalt		185.6		186.4		11.5	0.8	1198
90	607-12-025	Shoreline Basalt		175.7		179.2		3.6	3.5	1205
91	607-12-029	Shoreline Basalt		142.4		144.2		0.1	1.9	1207
92	607-12-030	Shoreline Basalt		152.9		154.7		1.2	1.8	1217
93	607-12-039	Shoreline Basalt		222.9		224.4		1.5	1.5	1217
94	607-12-034	Shoreline Basalt		252.8		253.7		2.8	0.9	1224
95	607-12-026	Shoreline Basalt		182.3		183.2		8.4	0.9	1224
96	607-12-035	Shoreline Basalt		260.2		262.9		1.5	2.7	1234
97	607-12-031	Shoreline Basalt		185.1		187.4		28.8	2.3	1239
98	607-12-032	Shoreline Basalt		208.1		209.9		20.0	1.8	1246
1 The intersections presented herein may not necessarily represent the true width of mineralization.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Contact Information

• 
  
  San Gold Corporation
  George Pirie
  President and CEO
  Toll Free: 1 (855) 585-4653
  
  San Gold Corporation
  Manish Grigo
  Director Investor Relations
  info1@sangold.ca
  www.sangold.ca

Related articles

• National Bank Financial raises San Gold to out perform
• San Gold Appoints Michaud Vice President, Exploration
• TNR Gold confirms Mineralization at Shotgun Ridge Drilling in Alaska
• Brigus Gold - 147 Zone shows more high grade gold deposits
• TNR Gold Intersects 242 Metres of 1.25 g/t Gold on New Geophysical Target at Shotgun Ridge Project

Pure battery grade Lithium produced at Rodinia Lithiums Argentine Salar

RODINIA LITHIUM PRODUCES BATTERY GRADE LITHIUM CARBONATE OF OVER 99.45% PURITY

FOR IMMEDIATE RELEASE

• BATTERY GRADE LITHIUM CARBONATE PRODUCED WITH OVER 99.45% PURITY

• FURTHER WASHING OF PRODUCT AT INCREASED PRODUCTION RATES EXPECTED TO INCREASE PURITY TO 99.75%

• PROCESS AND COST STRUCTURE TO PRODUCE BATTERY GRADE LITHIUM CARBONATE REMAINS LARGELY THE SAME AS THAT REPORTED IN THE COMPANY’S PRELIMINARY ECONOMIC ASSESSMENT

• RODINIA CONTINUES TO WORK ON A REVISED RESOURCE ESTIMATE, ON THE OPERATION OF THE PILOT CYCLE, AND ON COMPLETING THE FEASIBLITY STUDY.  ALL MAJOR DRILLING AND CONSTRUCTION WORK IS COMPLETE

Toronto, Canada, October 16, 2012: Rodinia Lithium Inc. (TSX-V: RM; OTCQX: RDNAF) successfully produced lithium carbonate from the concentrated brine derived from the pilot ponds installed at its Diablillos property, located in Salta, Argentina.  This first batch of lithium carbonate achieved a purity of 99.45% Li2CO3, and can be further washed employing the same methods to 99.75% Li2CO3.  The process employed during the production of lithium carbonate is approximately the same as described in the Company’s Preliminary Economic Assessment (“PEA”) filed on SEDAR at www.sedar.com. 

William Randall, Rodinia’s President  & CEO, commented, “The production of battery grade lithium carbonate from brine concentrated on site is a major milestone for Rodinia.  This reflects on both the quality of our brine and that of our team, who has advanced this project through the initial phases with remarkable success.  This last achievement serves as further encouragement that our process design, as described in the PEA, can achieve high purity lithium carbonate production at the estimated costs.”

The brine was concentrated and treated on site at the Salar and then shipped to SGS Laboratories in Lakefield, ON.  The brine was then processed to prioritize lithium carbonate production following the flow sheet described in the PEA.  Further batches of concentrated brine derived from the pilot ponds will be available for further processing prior to completing a full cycle at pilot scale in the first quarter of 2013.  Completion of the pilot plant cycle is expected during the first quarter of 2013 and is expected to be the final component of the upcoming Feasibility Study.

William Randall added, “The next deliverable is expected to be the completion of an upgraded resource estimate that, in conjunction with the information gathered during operation of the pilot plant in Q1 2013, will form the basis of the Feasibility Study.  All drilling and major construction work has been completed on site, which means we can focus our resources on the optimization of our Feasibility Study.”

About Rodinia Lithium Inc.:
Rodinia Lithium Inc. is a Canadian mineral exploration and development company with a primary focus on Lithium exploration and development in North and South America.  The Company is also actively exploring the commercialization of a significant Potash co-product that is expected to be recoverable through the lithium harvesting process.

Rodinia’s Salar de Diablillos lithium-brine project in Salta, Argentina, contains a recoverable resource of 2.82 million tonnes lithium carbonate equivalent and 11.27 million tonnes potassium chloride equivalent.  The project contains a recoverable inferred resource of 952,553,000 m3 grading 556 mg/L lithium and 6,206 mg/L potassium. Throughout 2012, Rodinia will focus on continuing to develop the Diablillos project by completing additional drilling and advancing through feasibility study.

The Company also holds 100% mineral rights to approximately 15,000 acres in Nevada’s lithium-rich Clayton Valley in Esmeralda County, and is currently in the process of assessing the size, quality and processing alternatives of this deposit.  The Clayton Valley project is located in the only known lithium-brine bearing salt lake in North America, and looks to represent the only new source for domestic lithium carbonate supply.

The Projects are supervised by Ray Spanjers, Rodinia’s Manager of Exploration. Mr. Spanjers is considered a Qualified Person, as defined by National Instrument 43‐101 and has reviewed and approved the scientific and technical information contained in this press release.

Please visit the Company’s web site at www.rodinialithium.com or write us at info@rodinialithium.com.

	further information please contact
Investor Cubed Inc.	Aaron Wolfe Vice-President, Corporate Development
Investor Relations	Tel: +1 (416) 309-2696
Tel: +1 (647) 258-3311

Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release constitutes “forward-looking information” within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as “plans”, “proposes”, “estimates”, “intends”, “expects”, “believes”, “may”, “will” and include without limitation, statements regarding the anticipated effects of the results and the impact of such results upon the PEA, the timing with respect to future results, timing with respect to the completion of the PEA; the potential of the Diablillos property; the potential results and timetable for further exploration with respect to the Clayton Valley project and the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements.  Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

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.

Related articles

• Rodinia Lithium Strengthens Ties to Salta, Argentina

Brigus Gold Corp. Announces Bought Deal Private Placement of Flow-Through Shares

Brigus Gold Corp.
TSX : BRD
NYSE MKT : BRD
NYSE Amex : BRD
October 11, 2012 16:28 ET

HALIFAX, NOVA SCOTIA--(Marketwire - Oct. 11, 2012) -
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN

Brigus Gold Corp. (TSX:BRD)(NYSE MKT:BRD)(NYSE Amex:BRD) ("Brigus" or the "Company") is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Cormark Securities Inc. and including Haywood Securities Inc., Fraser Mackenzie Limited, Primary Capital Inc., and Casimir Capital Ltd. (collectively the "Underwriters"), pursuant to which the Underwriters have agreed to act in connection with the offer and sale of 8,264,500 flow through shares ("Flow-Through Shares") of Brigus (the "Offering") on a private placement basis. The Flow-Through Shares shall be offered at a price of $1.21 per share (Ed note: Todays price $1.00) for aggregate gross proceeds of approximately $10.0 million.

The closing of the Offering is expected to occur on or about November 1, 2012 and is subject to the completion of formal documentation and receipt of regulatory approval, including the approval of the TSX.
The proceeds received by the Company from the sale of the Flow-Through Shares will be used to incur Canadian exploration expenditures that are "flow-through mining expenditures" (as such terms are defined in the Income Tax Act (Canada)) on the Corporation's properties in the Province of Ontario, which will be renounced to the subscribers with an effective date no later than December 31, 2012, in the aggregate amount of not less than the total amount of the gross proceeds raised from the issue of Flow-Through Shares. The funds are intended to be used to explore areas within the Black Fox Complex in the Timmins Gold District of Ontario, Canada.

This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to the account or benefit of a U.S. person absent an exemption from the registration requirements of such Act.

About Brigus Gold
Brigus is a growing Canadian 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, the new Grey Fox property and adjoining properties in the Township of Black River-Matheson, Ontario, Canada. The Black Fox Mine is in production and the Grey Fox Mine, located four kilometres from Black Fox is in development. Brigus is also advancing the Goldfields Project located near Uranium City, Saskatchewan, Canada, which hosts the Box and Athona gold deposits. In Mexico, Brigus owns the 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 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. Such forward-looking statements reflect the Company's view with respect to future events (including completion of the Offering and the intended use of proceeds) and 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 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.

Contact Information

Brigus Gold Corp.
Jennifer Nicholson, CA
Executive Vice President
(902) 442-7186
jnicholson@brigusgold.com

Brigus Gold Corp.
Kate Wood
Manager, Stakeholder Relations
(902) 442-7184
kwood@brigusgold.com

Related articles

• Brigus Gold Makes New High-Grade Gold Discovery
• Brigus Gold Reports 480,850 Indicated Ounces in New Grey Fox Resource (bwire)
• Canadian Junior Miners report higher production
• CORRECTING and REPLACING Brigus Gold Reports Q3 Production and Goldstream Repurchase
• Black Fox, Grey Fox - Brigus Gold CEO Wade Dawe talks Timmins production and expansion