Manitou Gold Inc. Gaffney Exploration Update

Manitou Gold Inc. (TSX VENTURE:MTU) ("Manitou" or the "Company") announces that
a field exploration program is currently underway on the recently purchased
Gaffney Patents property situated in the Lower Manitou Lake area of Northwestern
Ontario. The Gaffney Patents property is positioned on Manitou Island adjacent
to the company's Gaffney Extension property (see map:
http://media3.marketwire.com/docs/909727m1.jpg). Surface gold showings on the
Gaffney Patents are interpreted to project onto the Gaffney Extension. The
company has been exploring this gold system since 2011 with very encouraging
results from two phases of diamond drilling (2011 and 2012) totalling twelve
thousand metres. (Click here for drill results:
http://manitougold.com/projects/gaffney-extension/results/).


The current exploration program began in late October and focused on locating
and sampling a series of trenches identified on a 1943 Sylvanite Gold Mines Ltd.
sampling assay plan map (see map:
http://media3.marketwire.com/docs/909727m2.pdf). The trenches are spaced along a
375 metre long trend and are heavily overgrown (click here for photos:
http://manitougold.com/projects/gaffney-extension/photos/). The sampling program
and additional exploration activities will continue until weather conditions
deteriorate. 


Exploration records for the Gaffney Patents, dating back to 1933, include
geological reports, diamond drill logs, basic geologic maps with assay plans of
several trenches, as well as newspaper articles. These documents provide
valuable information on the previous exploration efforts on the property. Many
of the historical documents can be found on the company's website.
(http://manitougold.com/projects/gaffney-extension/historical/). 


The acquisition of the Gaffney Patents property allows Manitou access to the
potential surface projection of gold mineralization intersected in diamond
drilling on the Gaffney Extension property. Compilation of historical data, in
conjunction with results obtained from surface sampling currently under way on
the Gaffney Patents property, will assist in a better geological understanding
of potential structural controls on the gold mineralization and will also help
to focus future exploration programs on both the newly acquired Gaffney Patents
property as well as the Company's Gaffney Extension property.


Todd Keast, P. Geo., is the Qualified Person as defined under NI 43-101 who has
reviewed and is responsible for the technical information presented in this news
release. 


For further details about the Company's projects please visit the Manitou
website at www.manitougold.com. 


Statements in this release that are forward-looking statements are subject to
various risks and uncertainties, certain of which are beyond the control of the
Company including, but not limited to, the impact of general economic
conditions, industry conditions, volatility of commodity prices, risks
associated with the uncertainty of exploration results and estimates and that
the resource potential will be achieved on exploration projects, currency
fluctuations, dependence upon regulatory approvals, the uncertainty of obtaining
additional financing and exploration risk. Readers should also refer to the
specific factors disclosed under the heading "Risk Factors" in the Company's
filings with Canadian securities regulators. Such information contained herein
represents management's best judgment as of the date hereof based on information
currently available. The Company does not assume any obligation to update any
forward-looking statements, save and except as may be required by applicable
securities laws.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Manitou Gold Inc.
Todd Keast, P. Geo.
President and CEO
705-222-8800
705-222-8801 (FAX)
[e-mail]
www.manitougold.com