Brigadier Gold Limited (TSX VENTURE:BRG) announced today that it had signed a
letter of intent to acquire an option in a gold property known as the INCAMAYO
project consisting of 3,495 hectares located in Salta province in North western
Argentina. The Option is held by 1534185 Alberta Inc. Brigadier will acquire all
the issued and outstanding shares of 1534185 Alberta Inc. in exchange for the
treasury issuance of 3 million common shares, and the payment of $100,000 cash
to the current shareholders of the company subject to regulatory approval and
successful completion of a private placement described below. 


The Option 

The Option is issued to 1534185 Alberta Inc. by Salta Exploraciones SA of
Argentina and SESA Holdings LLC in Nevada and calls for the issuance of an
additional 500,000 treasury shares of Brigadier and $1,000,000 over a 36 month
period. The Option calls for the expenditure of an aggregate of $2 million over
the next three years on the property and upon completion of those requirements
Brigadier would acquire a 70% interest in the Property. 


The Property 

INCAMAYO is a "high sulphidation Au-Cu" prospect that forms the south easterly
part of the Argentine epithermal precious metal-tin systems. Mineralization
appears structurally controlled in vein and stockwork systems trending
northeast. It is located at approximately 3500 metres elevation in the Salta
Province of north western Argentina and can be easily accessed by road. Past
trenching, sampling and drilling have identified significant Au and Cu
mineralization associated with an alteration zone that extends for several
kilometres. The alteration zone is quite evident from satellite imagery. 


The best intersection from a total nine shallow RC holes is 150 metres grading
0.68% Cu, 6.0 gpt Ag and 0.61 gpt Au (includes 57 metres of 1.01% Cu, 10.1 gpt
Ag and 1.06 gpt Au). Results of up to 9.55 gpt Au, 6.98% Cu, and 75.8 gpt Ag
were obtained from separate intersections. Best result from trenches is 72
metres grading 1.40 gpt Au (includes 18 metres of 5 gpt Au). Up to 876.6 gpt Au
over 2 metres was obtained from trenching. Surface grab samples yielded up to
14.06 gpt Au and 157 gpt Ag in separate samples. Surface oxidation and leaching
is apparent. The prospect is hosted in hydrothermally altered metasedimentary
rocks.


Historic work includes a single diamond drill hole for 303 metres, 9 RC holes
totalling 2413 metres, 21 trenched for an aggregate of 5067 metres, and surface
grab sampling and mapping. No geophysical methods have been applied to the
prospect. The work was concentrated over a 2 kilometre area of the 8 kilometre
striking alteration zone. Highlights from the historic work include the
following.




                               Width (m)    Au (gpt)    Ag (gpt)      Cu (%)
----------------------------------------------------------------------------
Hole RC-7                            150        0.61         6.0        0.68
includes                              57        1.06        10.1        1.01
and includes                           2        9.15        72.1        6.02
Hole RC-1                              9         2.3                        
Hole RC-6                              2        1.12                     1.4
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
Trench                                72        1.40                        
includes                              18           5                        
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
Grab AF9660                                    14.06       45.87            
Grab AF9657                                     3.26      157.00            
----------------------------------------------------------------------------



To view a map that accompanies this release, please click the following link:
http://cnrp.marketwire.com/cnrp_files/20100824-824BRGm.pdf


The Private Placement 

Concurrent with and conditional upon completing the proposed purchase of the
Option, Brigadier proposes to raise $2.0 million by way of a private placement
to fund the first portion of the exploration program for the Option and general
corporate purposes. The private placement will consist of the issuance of units
(each, a "Unit" and collectively, the "Units") at a price of $0.15 per Unit,
where each Unit consists of one common share, and one-half of a common share
purchase warrant, with each whole warrant entitling the holder to purchase one
common share over a one-year period at a price of $0.25 per common share. In the
event that the common shares close at a price in excess of $0.70 for 20
consecutive trading days, Brigadier may reduce the exercise period to 30 days
after giving notice of same. 


William Dynes, P.Eng., a qualified person under National Instrument 43-101 has
reviewed and approved the contents of this news release.


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.
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