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To: Goose94 who wrote (2061)8/7/2014 9:45:08 AM
From: Goose94Read Replies (3) | Respond to of 203358
 
Manitou Gold (MTU-V) Aug 7, '14 announces that exploration work is underway on the Gaffney Patents Project in Northwestern Ontario. The Project was acquired by Manitou in the fall of 2013 and hosts the surface projection of gold mineralization on the Company's Gaffney Extension Project, where diamond drilling took place in 2011 and 2012. Diamond drill hole G-11-27 returned a 75.1 m interval averaging 2.4 g/t Au, including two higher grade intervals averaging 5.5 g/t Au over 8.5 m and 5.2 g/t Au over 10.0 m (News Release November 2, 2011). The current exploration program is intended to follow up on the mechanical trenching, sampling and geological mapping work completed on the property last year which identified a structurally complex gold system with surface channel samples returning gold assays up to 74.3 g/t Au (News Release December 12, 2013). Summer work on the Gaffney Patents Property will consist of a structural evaluation of the gold mineralization to advance the understanding of the lithological and structural controls on the gold system. Geological mapping will be completed across the property to gain a better understanding of regional fold structures and their relation to gold mineralization. In addition, the gold potential of other prospective targets located across the property will be evaluated.

Additional exploration activities planned for 2014 include programs to evaluate several prospective areas on the Canamerica 502 Block Project, as well as the high grade gold mineralization of the #2 shear zone on the Kenwest Project.

Todd Keast, the President & CEO of Manitou has also begun posting President's updates on the Company's website to provide shareholders with regular information on exploration and corporate activities.