2010

Manitou Gold grab sample 197.5 g/t Au from Canamerica Property


April 13, 2010

Sudbury, ON – Manitou Gold Inc. (TSX-V: MTU) is pleased to provide assay results from the initial prospecting program on its Canamerica Property.  Canamerica consists of twelve unpatented mining claims adjacent to Manitou’s Kenwest Property, the latter of which hosts the Big Master Mine (See Press release dated March 31, 2010).  The Canamerica project is situated within the Kenora Mining Division of northwestern Ontario.

Past exploration on the Canamerica property by prior operators included prospecting, sampling, limited diamond drilling and the sinking of a number of shallow pits and shafts.  In 2009, Manitou Gold completed mapping, sampling and prospecting on five known gold showings (D, E, F, Open Cut, and Quackenbush) and identified five new zones of gold mineralization (Long Line, Picnic Point, Quartz Mayhem, Purple Trend and Cubic).  Highlights of the sampling program include gold assays of 197.5 g/t Au, and 36.1 g/t Au from the Quackenbush No 2 shaft.  The Quackenbush shaft was sunk to a depth of 20 metres with unknown underground development and production.  The shaft is located along a 2 km long trend of high grade gold occurrences which includes the Helena Shaft, and the Big Master Mine (See release dated March 31, 2010).    

Grades of all samples taken from this area ranged from trace to 197.5 g/t Au.  Assay result highlights from the Manitou sampling program are included in Table 1

Table 1 – Grab Sample Assay Result Highlights

Sample # Easting Northing Zone g/t Au
H179169 523214 5478412 Quackenbush 197.5
H183472 523200 5478407 Quackenbush 36.1
H179168 523214 5478412 Quackenbush 15.7
H179684 523213 5478410 Quackenbush 5.8
H183475 523212 5478415 Quackenbush 5.1
H182993 520129 5474929 Long Line 5.9
H182808 520136 5474931 Long Line 5.2
H182802 520188 5474862 Long Line 4.3
H180251 520133 5474916 Long Line 4.2
H180253 520130 5474930 Long Line 3.2
H185380 519648 5475752 Cubic 4.1
H185384 519681 5475811 Cubic 3.8
H185379 519649 5475751 Cubic 3.5
H185373 519615 5475692 Cubic 3.4
H185374 519618 5475691 Cubic 2.9
H179242 519687 5474915 E Zone 4.0
H179244 519693 5474920 E Zone 3.5
H179240 519666 5474895 E Zone 3.3
H185397 520116 5475375 E Zone 3.1
H179287 519557 5474797 E Zone 2.9
H180312 519507 5474819 F Zone 4.4
H182893 519542 5474871 F zone 2.9
H182951 519538 5474654 F Zone 2.9
H180311 519507 5474815 F Zone 2.3
H182980 519537 5474868 F Zone 1.4
Sample # Easting Northing Zone g/t Au
H185477 524032 5479288 Purple Trend 4.8
H180243 524039 5479302 Purple Trend 3.8
H180239 524039 5479302 Purple Trend 2.6
H180241 524039 5479302 Purple Trend 2.3
H929691 524073 5479350 Purple Trend 0.6
H182864 520120 5475378 Picnic Point 4.1
H183316 520291 5475609 Picnic Point 2.4
H182910 520330 5475598 Picnic Point 2.3
H182907 520127 5475381 Picnic Point 1.9
H182865 520162 5475422 Picnic Point 1.8
H179001 519071 5474469 Qtz Mayhem 2.1
H182899 519030 5474447 Qtz Mayhem 1.6
H182897 519060 5474466 Qtz Mayhem 1.3
H182986 519046 5474466 Qtz Mayhem 1.3
H179003 519071 5474470 Qtz Mayhem 1.2
H185216 519845 5474690 D Zone 1.4
H182821 519859 5474858 D zone 0.8
H183082 519819 5474713 D Zone 0.8
H185215 519826 5474719 D Zone 0.5
H182818 519822 5474732 D zone 0.4
H183054 518992 5474469 Open-Cut 1.8
H183061 519068 5474488 Open-Cut 0.9
H183043 518992 5474469 Open-Cut 0.6
H183050 518992 5474469 Open-Cut 0.5
H183044 518992 5474469 Open-Cut 0.3
Grab samples are, by nature, selective and are unlikely to represent average grades on the property.

In addition to the typical high grade lode gold quartz veins as observed at the Quackenbush shaft, many of the mapped gold zones are contained within felsic dikes.  The dikes are 5-10 metres in width, have a tabular orientation, and exhibit very good continuity.  The gold bearing dikes provide an exceptional opportunity to identify large tonnage,  near surface opportunities.  In 1987, CanAmerica Precious Metals Inc. completed a diamond drill program to evaluate the E and F zones.  Fourteen drill holes intersected lower grade gold values throughout the width of the zone, the results of which are summarized in Table 2.  CanAmerica Precious Metals Inc. completed a resource estimate on the E Zone, outlining a range of estimates between 143,685 tonnes grading 5.21g/t Au to 529,650 tonnes grading 3.20g/t Au (Fox, 1987, considered to be historic estimates pursuant to National Instrument 43-101 - see additional disclosure below).

Table 2 - Canamerica Precious Metals Inc. 1987 Drill Results E Zone

DDH # From m To m Width Au g/t
87-01 44.50 52.43 7.92 1.35
87-02 16.00 23.32 7.32 1.63
87-03 11.58 18.59 7.01 0.92
87-04 27.13 35.97 8.84 1.83
87-06 17.22 25.60 8.38 1.69
87-07 27.43 34.75 7.31 2.64
87-08 34.75 42.37 7.62 0.93
87-09 33.83 39.78 5.95 3.84
87-10 33.83 41.91 8.08 2.57
87-11 42.21 49.07 6.85 1.73
87-12 19.20 27.58 8.38 0.8
87-13 21.95 30.78 8.83 2.84
87-14 33.53 42.21 8.69 1.05
87-15 15.85 26.52 10.67 1.62

Manitou Gold is currently completing ground magnetometer and induced polarization surveys on this and other projects in the area, in preparation for a summer drill program.

About Manitou Gold Inc.

Manitou Gold Inc. is a gold exploration company with a dominant land position in the Gold Rock Mining Camp, located in the Kenora Mining District, in Northwestern Ontario.

The Company is well funded, having recently completed a $2 million initial public offering. The Company's largest shareholder is Goldcorp Inc, who holds a 15% interest in the Company.

For further information on Manitou Gold Inc. contact:

Mr. Guy Mahaffy
Richard Murphy
President and CEO
Manitou Gold Inc. 
Telephone: 705-222-8800
Facsimile: 705-222-8801
Email: info@manitougold.com 
Web site: www.manitougold.com

The Qualified Person responsible for the technical content of this news release is Todd Keast, P. Geo., Vice President, Exploration of Manitou Gold Inc. Mr. Keast has verified all of the technical data contained in this release. There has been insufficient exploration to define a mineral resource on any of the properties of the Company to date and it is uncertain if further exploration will result in any such properties being delineated as mineral resources. For further details on the Company's Canamerica property, please refer to the final long form prospectus of the Company dated February 16, 2010 available on SEDAR at www.sedar.com.

The Company has implemented a quality control program to ensure best practice in sampling and analysis. Assayed samples are transported in security sealed bags for preparation and analysis at ALS Chemex facilities. ALS Chemex is an ISO 9001-2000 and ISO 17025 registered laboratory. A prepared sample is digested with aqua regia. The resulting solution is analyzed by inductively coupled plasma-atomic emission spectrometry.

The Company considers historical estimates to be relevant, as they provide an indication of historical mineralization having existed on the Company's property. However, the Company is not treating these historical estimates as current resources. This historical estimate should not be relied upon by any party as an indication of a current resource.

Statements in this release that are forward-looking statements are subject to various risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions, volatility of commodity prices, risks associated with the uncertainty of exploration results and estimates and that the resource potential will be achieved on exploration projects, currency fluctuations, dependence upon regulatory approvals, the uncertainty of obtaining additional financing and exploration risk. Readers should also refer to the specific factors disclosed under the heading "Risk Factors" in the Company's filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume any obligation to update any forward-looking statements, save and except as may be required by applicable securities laws.