Brigadier Gold Limited

Brigadier Gold Limited

January 08, 2008 13:56 ET

Brigadier Gold (TSX-V: BRG) Adds to Property Position at Larder Lake Project

Drilling planned for 2008 to follow up on exploration success in 2007

TORONTO, ONTARIO--(Marketwire - Jan. 8, 2008) - Brigadier Gold Limited ("Brigadier" or the "Company") (TSX VENTURE:BRG) today announced the expansion of the land package at its Larder Lake project with the signing of an agreement with Skead Holdings Limited ("Skead").

Under terms of the agreement, Brigadier has an option to acquire a 100% interest in five staked claims containing seven claim units and two leased claims (collectively "the Properties") adjoining its Larder Lake project located approximately five kilometres south of the Town of Larder Lake in Ontario's Kirkland Lake-Larder Lake gold camp.

In late November, 2007, Brigadier announced results of a recent drill program in the Albert Kokotow ("AK") and McCrea Zones on the Larder Lake project. A total of 13 holes were drilled, 10 of which intersected significant gold mineralization. The drilling was designed to extend intersections in holes drilled in the AK Zone in the first quarter of 2007, and to drill test the McCrea Zone. Detailed assay values for this program were recently reported, and include 2.064 g/t over a length of 1.5 metres in hole B07-16. This intersection was part of a 32.5 metre core length in B07-16 that assayed 0.675 g/t from 79.0 to 111.5 metres. Hole B07-19 cut the highest grades in the McCrea Zone, obtaining a value of 3.440 g/t over 1.37 metres from 51.07 to 52.44 metres. In total, the Company drilled 19 holes totalling 2,886.6 metres during 2007.

"We're pleased with the results we're getting at our Larder Lake Project, and the addition of these claims solidifies our land position in this prolific gold mining camp," said President and CEO Herb Kokotow. "We intend to build on the success of the 2007 drill program with further drilling this year to expand the length and depth of mineralization in both the Albert Kokotow and McCrea Zones and to further explore the M-Island Zone to the north where grades up to 18.9 g/t gold over 0.8 metres have been intersected and where visible gold has been observed."

The agreement provides for the issuance of 100,000 Brigadier shares to Skead and a further 100,000 Brigadier shares on exercise of the option. In addition, to earn the 100% interest in the Properties, Brigadier will, by or on December 1, 2008, have to incur $75,000 in exploration expenditures and assessment filing requirements on the Properties.

The terms of the agreement are subject to receipt of all required regulatory approvals. The TSX Venture Exchange has not reviewed, and does not accept responsibility for the adequacy or accuracy of this news release.

Exploration of the Larder Lake Project is supervised by L.G. Hobbs, P.Eng., Brigadier Gold's Project Geologist and a qualified person under National Instrument 43-101.

This press release includes certain "Forward-Looking Statements." All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of Brigadier, are forward-looking statements that involve various risks and uncertainties. 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 Brigadier's expectations are disclosed under the heading "Risk Factors" and elsewhere in Brigadier's documents filed from time-to-time with regulatory authorities.

The TSX Venture Exchange has not reviewed, and does not accept responsibility for the adequacy or accuracy of this release.

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