This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Brigus Releases High-Grade Exploration Results

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 Contact Zone (“Contact Zone”).

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

Hole Number   From   To   Core Width   Gold Assay
  (m) (m) (m) grams/tonne
GF11-343 98.50 112.80 14.30 1.66
including 101.00 103.80 2.80 4.99
GF11-355 345.00 392.66 47.66 1.73
including 345.00 348.00 3.00 5.55
and 353.00 357.00 4.00 2.88
and 371.00 373.00 2.00 6.58
and 383.00 385.00 2.00 9.33
GF11-376 427.00 429.60 2.60 4.03
  487.10 501.00 13.90 5.71
GF11-377 98.50 104.00 5.50 5.03
GF12-498 288.00 300.00 12.00 7.38
including 297.00 300.00 3.00 21.60
GF12-515 309.00 366.40 57.40 3.90
including 313.00 315.25 2.25 15.33
and 319.50 325.15 5.65 26.89
  594.00 605.00 11.00 2.81
including 595.00 597.00 2.00 8.57
GF12-547 249.00 255.15 6.15 5.34
including 251.00 252.00 1.00 11.97

The initial resource estimate for the Contact and 147 zones, released in December 2011, added more than 50 percent to the gold resource at the Black Fox Complex. Exploration and resource in-fill drilling is progressing as planned with three drill rigs currently turning. An updated resource estimate for the Contact and 147 zones will be released later this year.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,976.31 +263.65 1.49%
S&P 500 2,086.24 +25.22 1.22%
NASDAQ 4,947.4410 +56.2220 1.15%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs