High Grade Drilling Results To Expand The Resource At Grey Fox
Brigus Gold Corp. (“Brigus” or the “Company”) (NYSE MKT: BRD; TSX: BRD) is pleased to report additional drilling results from its ongoing drill program at the 147 Zone, including high grade gold intercepts of 8.7 grams per tonne over 21 metres and 6.2 grams per tonne over 25 metres.
“It is clear that the Grey Fox resource is more significant than initially reported,” said Howard Bird, Brigus’ Senior Vice President of Exploration. “These high grade drill results are located outside of our current resource estimate and will expand the gold resource on the Grey Fox property.”
Next quarter, the Company plans to release an updated NI 43-101 resource estimate on the Grey Fox property followed by a full feasibility study in Q3 2013.
Highlights from the 147 Zone which remains open for expansion:
| Hole Number | From (m) | To (m) | Core Length (m) | Gold Grade grams/tonne | Grams X Width | |||||||||||||||
| Open Pit Potential | ||||||||||||||||||||
| GF12-510 | 149.30 | 163.00 | 13.70 | 1.98 | 27 | |||||||||||||||
| GF12-514 | 168.00 | 195.25 | 27.25 | 2.97 | 81 | |||||||||||||||
| including | 168.00 | 173.00 | 5.00 | 11.88 | 59 | |||||||||||||||
| GF12-527 | 138.00 | 148.00 | 10.00 | 1.77 | 18 | |||||||||||||||
| GF12-533 | 167.00 | 175.00 | 8.00 | 2.92 | 23 | |||||||||||||||
| 190.00 | 211.00 | 21.00 | 8.72 | 183 | ||||||||||||||||
| Underground Potential | ||||||||||||||||||||
| GF12-566 | 218.30 | 223.00 | 4.70 | 12.42 | 58 | |||||||||||||||
| GF12-574 | 203.00 | 211.80 | 8.80 | 2.25 | 20 | |||||||||||||||
| 265.00 | 290.00 | 25.00 | 6.17 | 154 | ||||||||||||||||
| GF12-575 | 279.00 | 294.00 | 15.00 | 6.48 | 97 | |||||||||||||||
| GF12-639 | 434.00 | 445.00 | 11.00 | 5.35 | 59 | |||||||||||||||
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