| Announcement Date: | 2022-01-11 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Manitou Gold Inc. |
| Project name: | Goudreau |
| Location: | Canada |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 27.9m @ 0.6g/t Au from 358m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | SUDBURY, ONTARIO – January 11, 2022 – Manitou Gold Inc. (TSX-V: MTU) (the “Company” or “Manitou”) is pleased to announce commencement of drilling of key targets on the Baltimore deformation zone (“BDZ”) grid as well as additional assay results from drill holes at the recently discovered Bald Eagle gold zone (“BEGZ”) at its 100% owned Goudreau project in northeastern Ontario. The Company has recently been issued a permit to construct a bridge which will create access to several key targets on the BDZ identified through the 2021 targeting work. The recently granted permit allowsthe Company to accessits key target areas between the triple junction of the Easy Lake, Harcourt and recently identified Meath Lake intrusion on the BDZ grid. This area has never before been drilled for gold The target area covers a six kilometre segment of BDZ, extending east-northeast from the Meath Lake fault zone, where it is intersected by a low angle east-southeast striking splay. This structural intersection is the key target for orogenic-style gold mineralization and |
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