09:54 AM EST - Brigus Gold Corp. : provided an operational update for the year to date. Management remains focused on increasing gold production at its Black Fox Mine targeting steady state output of 25,000 ounces per quarter by year-end. Grades from the underground portion of the mine have materially increased and continue to improve since the beginning of 2012. The average grade of underground ore mined for the first 75 days of 2012 was 5.96 grams per tonne (GPT) compared to 2.99 GPT for the fourth quarter of 2011. High-grade tonnage from the underground continues to trend upwards and averaged over 400 tonnes per day (TPD) for the first half of March. Brigus Gold Corp.
shares T.BRD are trading up $0.01 at $0.80.
