MTU Manitou Gold Inc

Manitou Gold Inc. (TSX VENTURE:MTU) (the "Corporation" or "Manitou") is pleased
to announce that it has issued today an aggregate of 1,000,000 common shares of
the Corporation and 1,000,000 share purchase warrants of the Corporation as
consideration for the previously announced acquisition by Manitou of all of the
right, title and interest of Teck Resources Limited in and to the Gaffney gold
property located at Lower Manitou Lake, Ontario. Each share purchase warrant is
exercisable for a two year period to acquire one additional common share of the
Corporation at an exercise price of CDN$0.50. All securities issued are subject
to a statutory hold period expiring on February 19, 2014.


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.


Forward-Looking Statements - Certain information set forth in this news release
may contain forward-looking statements that involve substantial known and
unknown risks and uncertainties. These forward-looking statements are subject to
numerous risks and uncertainties, certain of which are beyond the control of the
Corporation. Readers are cautioned that the assumptions used in the preparation
of such information, although considered reasonable at the time of preparation,
may prove to be imprecise and, as such, undue reliance should not be placed on
forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Manitou Gold Inc.
Todd Keast
President and CEO
(705) 222-8800
(705) 222-8801 (FAX)
todd_keast@hotmail.com

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