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Manitou Gold Commences next phase of 18,000 m Drill Program at Goudreau Project in Wawa

Aug 13, 2021

Manitou Gold Inc.has announced the commencement of the next phase of the 18,000 metre drilling program designed to test new high priority targets on the Goudreau project. 

The new targets are located along the Baltimore deformation zone (the “BDZ”), which represents the fault offset continuation of the Goudreau-Lochalsh Deformation Zone (the “GLDZ”). The GDLZ hosts Alamos Gold’s(TSX:AGI; NYSE:AGI) Island Gold Mine and Argonaut Gold’s Magino deposit, which is currently in development, in addition to a number of smaller-scale past producing mines, including the Cline and Edwards mines.

The Company will initially test several high priority targets on the west side of the BDZ. These targets are very high quality and were derived from a combination of induced polarization and detailed magnetic geophysical surveys, soil geochemistry and geological/structural observations and interpretations. The key targets for the start of this phase of drilling consist of a series of multi-line gold and gold/copper anomalies having surface strike lengths of up to 350 meters and coincident geophysical anomalies in close proximity to prominent structural intersections.

“This drilling campaign follows a highly successful field program that kept moving ahead amidst the challenges presented by Covid-19. We are extremely pleased to finally recommence our drilling program on the very attractive Baltimore deformation zone,” stated Richard Murphy, President and CEO of Manitou Gold. “This round of drilling represents the culmination of years of work assembling the 100% owned land package and ‘boots on the ground’ work required to establish highly prospective drill targets.”

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