Manitou Gold Inc. Announces Management and Board Changes

Manitou Gold Inc. (TSX VENTURE:MTU) ("Manitou" or the "Company") announces that
Todd Keast, President of Manitou, has been appointed Chief Executive Officer of
the Company effective today. In addition, Mr. Keast has joined the Company's
Board of Directors with immediate effect. 


The Company has agreed with each of Richard Murphy, the current CEO, and Guy
Mahaffy, the current Chief Financial Officer and Corporate Secretary, to
terminate their respective employment contracts with the Company effective
today. Messrs. Murphy and Mahaffy have also stepped down from the Board,
effective today. Mr. Carmelo Marrelli has been appointed as Chief Financial
Officer of Manitou effective as of today.


Messrs. Murphy and Mahaffy both joined Manitou in mid-2009 and together with Mr.
Keast, completed the Company's initial public offering and subsequent
financings. The Board of Directors would like to thank Messrs. Murphy and
Mahaffy for their contributions to the company and wish them the best in their
future endeavors.


Exploration is now underway on a number of the Company's projects. Diamond
drilling has just been completed on the Mosher Project which included seven
holes (1,447 m) to test a number of gold showings associated with porphyry
intrusions. 


The Company is also working to systematically re-log and re-sample drill core
from the Elora Property. Twenty six drill holes from the previous project
operators (2004, 2006, 2008) have been re-logged with 600 samples split for
assay analysis. The Elora Project will be ready for diamond drilling on or about
September, 2012. The Gaffney Extension diamond drilling program is expected to
commence within the next two weeks with 5,000 metres planned. 


"I look forward to continuing to develop Manitou through quality project
exploration and property acquisition" commented Todd Keast. "The priority for
the Company at this time is to evaluate the Gaffney Extension Project and
continued exploration on the Elora and Kenwest Projects including a significant
component of diamond drilling. The advancement of Manitou's exploration projects
continues to be the main focus of the Company."


Mr. Keast is a professional geoscientist with over 25 years of exploration and
management experience in Canadian junior mining companies. Prior to joining
Manitou Gold in 2009, Todd held the position of Vice-President of Exploration
with Canadian Arrow Mines Inc., and prior to that was Exploration Manager for
Canadian Royalties Inc. where he supervised a team that made a number of new
nickel-copper-PGE discoveries in the Ungava region of Quebec. Mr. Keast is also
an independent director of Anglo Swiss Resources Inc.


Carmelo Marrelli is the Principal of Marrelli Support Services Inc., delivering
accounting, regulatory compliance and investment based services to numerous
issuers on the TSX and TSX-Venture exchanges for over twenty years. With his
value based service approach well known within the Canadian junior mining
industry, Carmelo offers a diverse skill set to his clients. Carmelo is a
Chartered Accountant (CA), a Certified General Accountant (CGA), and an
Associate (ACIS) of the Institute of Chartered Secretaries and Administrators
(ICSA). He also has a Bachelor of Commerce degree from the University of
Toronto. Forever passionate about meeting his clients' needs and expectations,
Carmelo is driven by going the extra mile and developing business relationships
that stand the test of time. Carmelo also acts as Chief Financial Officer to a
number of reporting issuers on the TSX and TSX Venture exchanges.


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.
Manitou Gold (TSXV:MTU)
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