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    Manitou Gold Acquires New Exploration Target

    Written by Investing News Network
    |
    Jun. 20, 2011 09:53AM PST

    Manitou Gold Inc. (CVE:MTU) announced it plans to add to its portfolio by acquiring additional mining claims in northwestern Ontario.

    Manitou Gold Inc. (TSXV:MTU) announced it plans to add to its portfolio by acquiring additional mining claims in northwestern Ontario.

    The press release is quoted as saying:

    The Company can acquire a 100% interest in the Mosher Bay Property, in exchange for the payment of $155,000 in cash and the issuance of 200,000 common shares of the Company over a four year period.

    Click here to read the entire news release.

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