Manitou Gold - Nickel Spin Out Will Give Shareholders 80% More Free Stock

In search of Canada’s  next gold discovery, Manitou Gold (MTU:TSXV) sees billion dollar deposit  potential on their Goudreau project in Northern Ontario. Manitou  controls 100% of the project in Northern Ont. where they are  accelerating exploration in search of Canada’s next gold discovery, and  maybe a mine; and now Nickel has been added to the discovery list with a  3 hole program all returning over 200 meter intersections of Nickel. The Goudreau Project has 2 Zones, separated through faulting. The “Goudreau-Lochalsh  Deformation Zone” has seen multiple discoveries by other companies that  have committed multi-million dollar exploration budgets to explore the  area ( Trillium Mining, Alamos, Argonaut Gold ). The zone was recently  confirmed as an emerging 'Juggernaut' for gold production with nearly 10  Moz of gold resources and reserves being developed and mined on  Manitou's western flank. The “Baltimore  Deformation Zone” is an offset of Goudreau and is a 17KM trend of highly  prospective gold targets for exploration in an area that is  underexplored. The Baltimore Deformation Zone can be compared to the  Destor -Porcupine fault where many deposits and millions of ounces of  gold have been identified. The Gold camp it helped create has become  synonymous with gold. This is why management believes they have multiple  shots at finding a billion dollar deposit and not just as a gold  discovery, but that of nickel as well. The Baltimore Zone has a  10 km trend that has never been systematically explored, it is going to  take allot of drilling and Manitou has demonstrated their commitment  with multiple increases to their drill program in order to define a  discovery. Their commitment to drilling this vastly unexplored area may  have just paid off as they have made a very significant Nickel  discovery. Manitou announced that  they Identified Nickel-Iron alloy in drill core, outlining a 60 km  structural trend highlighting large tonnage Nickel & Gold potential.  The recently completed 3 hole program all returned intercepts of  200meters plus of 0.25% nickel equivalent. They  are an indication of something potentially bigger lurking beneath the  surface, something of greater magnitude may be present. The discovery can be  compared compared to Canada Nickel's Crawford deposit, located in  Timmins, and the Dumont nickel deposit, located in Quebec. Not only does Manitou  control a gold focused company within 366Square km land package, they  now have a Nickel discovery within that same land package and are  creating a whole new Pubco to support Nickel Cobalt and PGE Discoveries  without taking away from the gold focus. A definite Win Win for Manitou  shareholders as they receive 80% of the new company Meet Western Nickel, a spinout courtesy of the recent nickel discovery on the Goudreau Property. With a potential  discovery area this big, they are going to need help, and boy do they  have it. They aren’t going to be doing this alone. Manitou is supported  by 2 majors in Alamos (AGI) and O3 Mining (OIII ) who are providing  Board Representation, Treasury Support and Technical Guidance for  exploration. Lastly, Manitou isn’t  alone in the area. They are surrounded by Majors, one who also happens  to be Alamos ( operator of the high grade Island Gold Mine and Manitou  partner ) and Argonaut Gold (AR) who are preparing for production in  2023. Sit back and enjoy this  great interview with CEO Richard Murphy as explains why Manitou is the  next Smallcap discovery stock to own in one of Canada’s largest gold and  now Nickel camps in the search of Canada’s next billion dollar deposit.