Manitou Gold Inc.
TSX VENTURE : MTU

Manitou Gold Inc.

April 19, 2010 09:49 ET

Manitou Gold Grab Sample 617 g/t Au From Sherridon Property

SUDBURY, ONTARIO--(Marketwire - April 19, 2010) - Manitou Gold Inc. (TSX VENTURE:MTU) is pleased to provide assay results from the initial prospecting program on the Sherridon Property, which consists of eight unpatented mining claims situated within the Kenora Mining Division of Northwestern Ontario.

Manitou Gold optioned the claims based on a property visit, where a series of newly discovered visible gold showings were examined. An initial prospecting program was completed to further evaluate the potential of the project. A total of 243 grab samples were collected along an east-west oriented structure trending across the property. Numerous high grade gold assays were retuned from six different areas along a 2 km long trend. Assay sample results ranged from trace to a high of 617.0 g/t Au, and included 184.5 g/t Au, 176.5 g/t Au, and 123.0 g/t Au, with numerous other high grade samples as detailed in Table 1 below:

Table 1 – Grab Sample Assay Result Highlights

Sample # Easting Northing g/t Au   Sample # Easting Northing g/t Au
H928349 513941 5454767 617   H928284 513934 5454772 36.4
H180001 513929 5454806 184.5   H928350 513942 5454770 31
H180002 513930 5454806 176.5   H928298 512599 5455304 30.2
H179835 513942 5454765 123   H928303 514214 5454603 22.9
H928286 513860 5454747 122.5   H180005 513901 5454788 22.6
H928283 513934 5454772 98.8   H928329 514373 5454519 22
H928351 513940 5454765 62.1   H928306 513932 5454785 21.2
H928352 513942 5454765 54   H928330 513929 5454807 17.5
H928275 514165 5454558 49.6   H928327 514351 5454523 17.35
H928272 514348 5454521 40.9   H180010 514167 5454556 14.5
H928282 514374 5454504 40.7   H928328 514346 5454523 12.05
H928256 513930 5454809 37.4   H179828 515243 5454747 10.1
Grab samples are, by nature, selective and are unlikely to represent average grades on the property.

A prominent magnetic anomaly is coincident with the newly identified gold bearing structure and provides excellent focus for ongoing work. The anomaly can be seen in relation to high grade assays on the figure on the company's website at the following link:

www.manitougold.com/sherridon.html

There are no records of previous exploration activities on these claims. Manitou Gold has recently completed an induced polarization survey project and is in preparations for a summer drill program.

About Manitou Gold

Manitou Gold Inc. is a gold exploration company focused with a dominant land position in the Gold Rock Mining Camp, located in the Kenora Mining District, in Northwestern Ontario.

The Company is well funded, having recently completed a $2 million initial public offering. The Company's largest shareholder is Goldcorp Inc, who holds a 15% interest in the Company.

The Qualified Person responsible for the technical content of this news release is Todd Keast, P. Geo., Vice President, Exploration of Manitou Gold Inc. Mr. Keast has verified all of the technical data contained in this 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. A prepared sample is digested with aqua regia. The resulting solution is analyzed by inductively coupled plasma-atomic emission spectrometry.

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.

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