Manitou Gold Inc. Releases Elora Property Diamond Drill Results

Manitou Gold Inc. (TSX VENTURE:MTU) ("Manitou" or the "Company") announces the
results of nine diamond drill holes from the 2013 winter drill program on the
Elora Property. Mechanical trenching and geological mapping were completed in
the fall of 2012, as well as a full review and reinterpretation of all previous
exploration activities conducted on the property. Eight discrete shear
structures were identified on the Elora property and the 2013 drill program was
designed to test a number of these structures. To aid in the understanding of
the geological descriptions contained in this news release, the reader is
referred to the accompanying plan map. (Click here for map)


Diamond drill holes E-13-47 and E-13-48 were drilled approximately 340 metres
northeast of the historical Jubilee Mine. The previous operator intersected a
sericite-fuchsite schist in drill hole E-08-36 which included 1.34 g/t Au over a
core length of 10.0 metres and in drill hole E-08-37 which included 1.40 g/t Au
over 9.5 metres. Recently completed drill hole E-13-47 intersected a 10.4 metre
interval which averaged 1.7 g/t Au. Drill hole E-13-48, drilled 50 metres behind
E-13-47, intersected 1.2 g/t Au over a core length of 7.5 metres. The
intersection of sericite-fuchsite alteration in these two drill holes, in
conjunction with the historical drill holes E-08-36 and E-08-37, represents a
new style of gold mineralization and alteration on the Elora Property that has
only been tested for a strike length of 50 metres and to a vertical depth of 100
metres. 


Drill holes E-13-45 and E-13-46 tested the southwestern extension of the
historical Laurentian Mine trend, approximately 150 metres southwest of the
Laurentian shaft. Drill hole E-13-45 intersected a chlorite-sericite shear zone
containing a 1.5 metre wide quartz vein. This zone averaged 4.6 g/t Au over a
core length of 3.6 metres (including 20.9 g/t Au over 0.75 metres), and provides
positive indication of the continuation of the Laurentian shear structure
towards the southwest. 


Assay Highlights



----------------------------------------------------------------------------
Hole ID               From (m)         To (m)   Length (m)(i)         Au g/t
----------------------------------------------------------------------------
E-13-40                 171.05         171.65             0.6           1.38
----------------------------------------------------------------------------
E-13-41                     38           39.1             1.1           8.27
----------------------------------------------------------------------------
E-13-42                   91.8          93.25            1.45           1.26
----------------------------------------------------------------------------
E-13-43                   85.5             86             0.5           3.41
----------------------------------------------------------------------------
E-13-45                   65.4             69             3.6           4.56
----------------------------------------------------------------------------
including                68.25             69            0.75           20.9
----------------------------------------------------------------------------
E-13-46                  94.25          94.98            0.73           0.97
----------------------------------------------------------------------------
E-13-47                   78.5           88.9            10.4           1.67
----------------------------------------------------------------------------
including                   84             86               2            4.1
----------------------------------------------------------------------------
E-13-47                  126.6         127.65            1.05           2.88
----------------------------------------------------------------------------
E-13-48                   12.4          14.75            2.35           2.53
----------------------------------------------------------------------------
E-13-48                  150.5            158             7.5           1.19
----------------------------------------------------------------------------
including                154.5            155             0.5           6.72
----------------------------------------------------------------------------
E-13-48                  174.4          175.1             0.7           1.20
----------------------------------------------------------------------------
E-13-48                 212.75            215            2.25           2.26
----------------------------------------------------------------------------
E-13-48                 266.35         267.75             1.4           0.99
----------------------------------------------------------------------------
(i)Note:  Intervals reported are core lengths; true widths of mineralization
          are not known.                                                    



Full table of assays can be found on the Company's website.

Todd Keast, President and CEO of Manitou commented "Exploration results to date
continue to demonstrate the indications of a potentially large gold system with
numerous discrete gold bearing shear structures contained within a structural
corridor 850 metres wide. The diamond drill program will resume once the spring
break-up is complete. In addition to diamond drilling, mechanical trenching,
geophysical and geochemical surveys, as well as structural mapping are planned
for the upcoming exploration season." 


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. 


The Company has implemented a quality control program to ensure best practice in
sampling and analysis. Assayed samples are transported in security sealed bags
for preparation and analysis at ALS Chemex facilities. ALS Chemex is an ISO
9001-2000 and ISO 17025 registered laboratory. Core samples were analyzed for
gold by 50-gm fire assay with AA finish and by gravimetric methods. Samples with
visible gold are assayed by screened total metallics.


Manitou is a Canadian exploration company with a 189 square kilometre land
package of highly prospective gold properties located in the historical Gold
Rock District, in Northwestern Ontario. This under-explored area has a very
attractive geological setting hosting 61 known gold occurrences including three
past producing mines (Big Master, Laurentian and Elora). Until recently, the
area has remained relatively untouched by modern-day exploration, pointing to
excellent discovery potential over this large land package. 


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. 


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