Manitou Gold Inc. (“Manitou”) is a Canadian exploration company with a 150 km2 land package of highly prospective gold properties located in the historical Gold Rock District of Northwestern Ontario. This under-explored area has a very attractive geological setting hosting 61 known gold occurrences including three past producing mines (Big Master, Laurentian and Elora). Until recently, the area has remained relatively untouched by modern-day exploration, pointing to excellent discovery potential over this large land package.
The company is currently focusing exploration efforts on four properties totalling 54.5 km2. These include the Kenwest, Gaffney Extension, Gaffney Patents and Elora properties. Recent diamond drilling on Manitou’s Kenwest property returned an impressive intersection of 53,700 g/t Au over 0.55 metres. On the Gaffney Extension property, a 75.1 metre section averaging 2.1 g/t Au was discovered during the 2011 diamond drilling season. These two projects are situated 30 kilometres apart along a large scale regional structure. Also located on this structure is the recently acquired Elora property, which hosts the past producing Laurentian and Elora mines. Elora is located directly adjacent to Kenwest. Recent resampling of diamond drill core from 2004 to 2008 (previous operators) are consistent with historic values, returning assays as high as 5.48 g/t Au over 6.8 metres.
Manitou’s President & CEO, Todd Keast, P.Geo. has a proven track record in exploration and discovery and is leading a highly skilled technical team representing 85 years of experience, ensuring efficient, cost effective and systematic exploration on the Company’s projects. The company is well financed to pursue aggressive exploration on the three priority properties.