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Message: Todd Keast has been appointed President

Mar. 3, 2011 (Marketwire Canada) --

SUDBURY, ONTARIO -- Manitou Gold Inc. (TSX VENTURE:MTU) ("Manitou") is pleased to announce that Todd Keast has been appointed President of the Company. Todd Keast is a founder of Manitou Gold and has served as the Company's founding Vice-president Exploration.

In connection with this appointment, Richard Murphy, who previously held the positions of President and CEO, will assume the positions of Chairman and CEO.

"Todd's appointment as President of Manitou Gold reflects his contributions to the Company since its inception," stated Chairman and CEO Richard Murphy, "Todd identified the Goldrock Mining Camp, the location of Kenwest and our other portfolio properties, as an underexplored yet highly prospective mining camp.

He is also the driving force behind the Company's recently announced discovery of 53.7 kg/t of gold over 0.55 metres on the Kenwest property, as disclosed in our press release of February 28, 2011."

The Company also announces that, further to its press release dated January 20, 2010 it has signed a definitive option agreement to acquire a 100% in the Gaffney Extension Property.

Under the terms of the option agreement, Manitou Gold can acquire a 100% interest in the Gaffney Extension Project in exchange for the payment of $70,000 in cash and the issuance of 700,000 common shares of the Company, over a three year period. The definitive option agreement is subject to acceptance by the TSX Venture Exchange.

About Manitou Gold

Manitou Gold Inc. is a well-funded gold exploration company focused with a dominant land position in the Gold Rock Mining Camp, located in the Kenora Mining District, in Northwestern Ontario. The Company's largest individual shareholder is Goldcorp Inc, who holds a 15% interest in the Company.

The Qualified Person responsible for the technical content of this news release is Todd Keast, P. Geo., President of Manitou Gold Inc. Mr. Keast has verified all of the technical data contained in this release.

Regards, Hg

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