Stocks in play: Manitou Gold Inc.
Reports assay results for the final drill hole from the Company’s summer diamond drill program in support of the initiative to spin out nickel-cobalt-PGE commodities from the Goudreau project into a newly incorporated subsidiary, Western Nickel Corp. Highlights: Maiden three-hole drill program now completed. All three drill holes intersected continuously serpentinized and mineralized intervals of ultramafic rocks in excess of 200 metres1 with highlight intersections of: 230.6 m grading 0.25% NiEq in MTU-22-17, which tested the strongest portion of the magnetic anomaly to the north of discovery hole MTU-22-14; 252.1 m grading 0.27% NiEq in previously released hole MTU-22-19, drilled 500 metres west of discovery hole MTU-22-14; and 208.2 m grading 0.27% NiEq in previously released hole MTU-22-18, drilled 900 metres west of the discovery hole. Manitou Gold Inc. shares V.MTU are trading up $0.01 at $0.05.
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