MPH starts drilling the Godfrey Project, Carscallen Twp, near West Timmins
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Message: MPH starts drilling the Godfrey Project, Carscallen Twp, near West Timmins
MPH Ventures Corp
Suite 2230 - 885 West Georgia Street
Vancouver, British Columbia
V6C 3E8
| TSX-V Trading Symbol: MPS Email: info@mphventurescorp.com(Email address obfuscated: enable JavaScript to view) |
Telephone: (604) 687-3376 Facsimile: (604) 687-3119 |
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Thu Dec 17, 2009 MPH Ventures Drill Program begins on the Godfrey Gold Property,Timmins, NE Ontario |
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Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (FWB: IJA1) (the "Company") is pleased to announce the mobilization and commencement of drilling on the Company's 100% owned Godfrey Gold property located 20 km west of Timmins, Ontario and 9 km northwest of the Lakeshore Gold Timmins Mine. Click Here for Godfrey Gold property location map, West Timmins The plan is to complete two holes for a total of 400 metres before the Christmas break. Drilling will initially test Induced Polarization (IP) chargeability anomalies identified during the MPH Ventures fall 2009 geophysical program. IP surveys have delineated a prospective chargeability anomaly coincident with a resistivity anomaly extending for 275 metres across the south portion of the Godfrey Gold property. This area is host to a 125 metre long trench exposed by previous operators within a highly altered felsic intrusion. Multiple quartz veins and shear structures contain pyrite, chalcopyrite, galena and visible gold with grab sample assay results up to 429 grams/tonne gold (13.8 oz/ton Au). Five grab samples collected during the Company's initial property visit returned assay values between 0.01 grams/tonne to 84 grams/tonne gold (2.7 oz/ton Au). The higher grade sample of quartz vein material contained pyrite and chalcopyrite, hosted within an altered felsic intrusion. MPH president Jim Pettit commented "We are excited to be able to get a few holes in before the Christmas break. This is a highly prospective property with good geology and a great location. We look forward to the results in the New Year from the testing the geophysical targets identified from our Fall 09 program". The exploration program is being carried out under the direction of Todd Keast, P. Geo. The information in this news release was prepared by Todd Keast, P. Geo., a qualified person as defined by National Instrument 43-101. MPH Ventures Corp. is a gold and molybdenum exploration company focused on mineral development within Canada. For further information on MPH Ventures Corp. (TSX-V: MPS) visit the Company's web site at www.mphventurescorp.com ON BEHALF OF THE BOARD OF DIRECTORS "Jim Pettit" |
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