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Message: Kenwest Property - Extends #2 Shear Gold Mineralization for 300 Metres
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SUDBURY, ONTARIO--(Marketwire - March 28, 2012) - Manitou Gold Inc. (TSX VENTURE:MTU)
("Manitou") announces the receipt of assay results from 12 of 26 diamond drill holes recently completed on the Kenwest Property located in Northwestern Ontario. The winter phase of exploration was focused on evaluating the #2 Shear Zone in a section of low ground accessible only during the winter months while the ground is frozen.
The shallow drill holes targeting the #2 Shear Zone all returned appreciable intervals of gold mineralization and, together with the Company's previous drilling and channel sampling results, indicate a continuous section of mineralization approximately 300 metres along strike, to a vertical depth of 100 metres. Drill hole results include 2.9 g/t Au over 9.4 m in hole KW-12-84, 4.7 g/t Au over 3.5 m in KW-12-86, and 5.1 g/t Au over 2.7 m in hole KW-12-88. The intersections reported from the #2 Shear Zone range in depths from 35 m to 100 m vertical. A plan map of the drill locations and a longitudinal section are included and can be viewed on the Company's website at www.manitougold.com\kenwest.html. Highlights from these twelve holes can be found in the following table.
| Table: Summary of Kenwest drill holes | |||||||||
| DDH # | From (m | ) | To (m | ) | Width (m | ) | Au (g/t | ) | Zone |
| KW-12-79 | 351.6 | 352.4 | 0.8 | 4.89 | #1 Shear | ||||
| KW-12-80 | 158.4 | 163.5 | 5.1 | 2.83 | #2 Shear | ||||
| -including | 158.4 | 159.7 | 1.3 | 8.26 | #2 Shear | ||||
| KW-12-80 | 266.6 | 272.5 | 5.9 | 0.62 | #1 Shear | ||||
| KW-12-81 | 33.0 | 40.8 | 7.8 | 0.91 | #2 Shear | ||||
| KW-12-82 | 51.0 | 55.0 | 4.0 | 1.71 | #2 Shear | ||||
| KW-12-83 | 110.5 | 111.5 | 1.0 | 3.10 | #2 Shear | ||||
| KW-12-83 | 145.0 | 146.0 | 1.0 | 1.76 | #1 shear | ||||
| KW-12-84 | 17.5 | 26.9 | 9.4 | 2.92 | #2 Shear | ||||
| -including | 19.8 | 22.5 | 2.7 | 6.16 | #2 Shear | ||||
| KW-12-85 | 86.5 | 87.5 | 1.0 | 0.88 | #2 Shear | ||||
| KW-12-86 | 85.3 | 88.8 | 3.5 | 4.67 | #2 Shear | ||||
| KW-12-87 | 104.5 | 107.0 | 2.5 | 3.99 | #2 Shear | ||||
| KW-12-87 | 112.8 | 115.0 | 2.8 | 0.58 | #2 Shear | ||||
| KW-12-88 | 56.2 | 58.8 | 2.7 | 5.10 | #2 Shear | ||||
| KW-12-89 | 88.5 | 97.0 | 8.5 | 1.08 | #2 Shear | ||||
| KW-12-90 | 46.6 | 51.6 | 5.0 | 3.75 | #2 Shear | ||||
| Note: Intervals reported are core lengths; true widths of mineralization are not known. |
The #2 Shear displays exceptional potential to extend the mineralization along strike and down plunge. A number of "shoots" of higher grade material on the parallel #1 Shear display a steep vertical plunge, which suggests that a similar geometry will occur on the #2 Shear. Additional drilling to test the plunge component of this area of the #2 Shear will involve step out holes outside of the low ground. The Company plans to undertake follow up drilling to test the down-plunge extent of the #2 Shear Zone following spring breakup.
In addition to those holes reported in this release, the Company completed an additional 14 holes on the Kenwest property over the winter. An additional 7 holes were completed on the Sherridon Project, as well. Assay results from these additional drill holes are pending and will be released when available
Regards
Hg
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