dominant land position

Gold Exploration - Kenora Mining Division in Northwestern Ontario

Free
Manitou Gold Inc. Profile

Manitou Gold Inc. TSX.V- MTU, Sudbury Ontario; 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.

  • Newly listed on the TSX-V (March 2010)
  • Well funded – $2.7MM (Jan. 1 2011) in working capital
  • Dominant land position in the Gold Rock Mining camp
  • Strong shareholder base (Goldcorp, Rosseau Asset Management)
  • Major Shareholders

    Robert McEwen

    5,000,000

    (9.4%)

    Goldcorp.

    4,454,078

    (8.4%)

    Institutional

    15,756,000

    (29.6%)

    Management/Directors

    1,003,000

    (1.9%)

The Company’s largest individual shareholder is Goldcorp Inc who holds a 9% interest in the Company

GOLD ROCK MINING CAMP

  • One of the most active mining camps in the late 1800s and early 1900
  • Past production (Big Master)
  • Overlooked through the most part of the 20th century– overshadowed by discoveries at Kirkland Lake, Red Lake
  • Potential for discovery– confirmed by both current drilling, as well extensivesampiing from 2009
  • No modern exploration

Kenwest Property Overview - Big Master Mine

  • 32 patented mining claims and 10 Mining Licenses of Occupation Purchased from Goldcorp.
  • Past Producing Big Master Mine (1890’s, 1930’s)
  • Recently completed ground geophysical surveys
  • 15.4 g/t Au over 6.1 m in 2010 drill program (KW-10-13
  • 400 m long untested IP anomaly coincident with this drill intersection
  • 93.2 g/t Au in 2009 prospecting program
  • Numerous untested geophysical anomalies and surface showings
  • Historical gold mining operations at the Big Master Mine during the periods of 1900-s1906 and again in 1942-1943 with 2,500 ounces of gold produced at a grade of 0.18 oz/t Au (Blackburn, 1981).

Canamerica Property Overview

  • E Zone resource estimate between 143,685 tonnes grading 5.2 lg/t Au to 529,650 tonnes grading 3.20g/t Au (Fox, 1987, considered to be historic estimates pursuant to National Instrument 43-101)
  • New gold showings identified 197.5 g/t Au in 2009 prospecting program
  • Numerous untested geophysical anomalies and surface showings

Higbee Property Overview

  • 19 unpatented mining claims located within the Fisher Lake Area, Garnet Bay Area and Line Lake Area of the Kenora Mining Division, situated 45 km west of Dryden, Ontario.
  • Over 200 widely spaced grab samples collected from different areas during September, 2009, with assay results ranging from trace to 266 g/t Au
  • Historical gold showing, 15 m long adit.
  • Multiple shear zones within intrusive body
  • 266 g/t Au in 2009 prospecting program.

Sherridon Property Overview

  • 9 unpatented mining claim units located within the Lower Manitou Area and Mang Lake Area of the Kenora Mining Division, 65 km south of Dryden, Ontario
  • Over 240 widely spaced grab samples collected from different areas on the Sherridon Property during August/September, 2009, with assay results ranging from trace to 617 g/t Au.
  • Numerous visible gold showings recently identified in area with no previous exploration.
  • Recently completed ground geophysical survey
  • Numerous untested geophysical anomalies
  • 617 g/t Au in 2009 prospecting program

Gaffney Extension

  • 13 unit mining claim 60 km south-west of Kenora Ontario
  • Option to acquire property by making cash payments of $70,000 and share issuances of 70,000 shares over 3 years.
  • Historic intersections by prior operator) include 5.0 g/t Au over 21.9 m (TN-10), 5.3 g/t Au over 21.8 m (TN-29), and 6.0 g/t Au over 7.1 m (TN-23). See table detailing these and additional intersections.
  • Gold bearing zone traced over strike length of 440 metres and to a vertical depth of 243 metres (open along strike to the northeast and to the south west. Also open at depth
  • Located on Manitou Straights Deformation Zone
  • Close proximity to Manitou Gold’s Kenwest and Sherridon properties.
Last changed at 04-Mar-2014 05:18PM by Highgrader