Brigus Appoints Daniel Racine as COO
Brigus Gold Corp. ('Brigus? or the 'Company?) (NYSE MKT: BRD)(TSX: BRD)
is pleased to announce that Daniel Racine will join the company as Chief
Operating Officer (COO) effective August 21st. Mr. Racine is a mining
executive with over 25 years of industry experience.
Prior to his appointment at Brigus, Mr. Racine was Senior Vice-President
Mining of Agnico-Eagle Mines Limited ('Agnico? or the 'Company?) where
he oversaw Agnico′s global mining operations. Mr. Racine joined Agnico
as a junior Mining Engineer in 1988 and took on progressively more
responsibility during his career with them. His roles included LaRonde
Mine Manager; Vice-President, Operations Manager; and Senior
Vice-President Operations. During his 24 years with Agnico, the Company
grew from a market capitalization of $300 million with two small
operating mines to a global mining leader with a market capitalization
of $6.4 billion with five large mines in three countries.
'We are very pleased that Daniel has joined Brigus,? said Wade Dawe,
President and CEO of Brigus. 'His operational and managerial expertise
in underground mining and capital development will be a major asset to
Brigus as we continue to grow the company.?
Mr. Racine will be based in the Company′s Toronto technical office but
will spend a significant amount of time at the Black Fox Mine located in
Matheson, Ontario and at the Company′s head office in Halifax, Nova
Scotia.
'I am looking forward to this new opportunity with a growing Canadian
gold producer,? said Daniel Racine. 'It is an exciting time for Brigus
as the Black Fox Mine continues to ramp up, development of the Grey Fox
Mine begins, and other growth opportunities emerge.?
Mr. Racine holds a BSC Mine Engineering degree from Laval University and
he is a member of the Ordre des Ingenieurs du Quebec (OIQ) and
Professional Engineers of Ontario (PEO).
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 contained 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 ability of the Company to achieve its
production, total cash costs, steady state annual production and mining
rate estimates; estimated average gold grades for the open pit and
underground operations; increase in gold production; increase in
profitability; exploration drill results and resource additions, are
forward-looking statements and estimates that involve various risks and
uncertainties.
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
