MPH NEWS & CORE PICTURES FROM HOLE # 3
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Message: MPH VENTURES (mps-v) HAS CORE PICTURES FROM HOLE # 3
Line Cutting begins on Raney Gold Project southwest of Timmins, NE Ontario Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (FWB: IJA1) (the "Company") reports that line cutting has begun on the Company's 100% owned 3500 acre Raney Gold Project located southwest of Timmins, Ontario. The line cutting is in preparation for a tightly spaced IP and Magnetic survey over the Raney property gold occurrence. This survey will be extended 300 metres to the west and 300 metres to the east on strike with the known gold zone. The data from this survey will be used to determine the next drill program for the Raney gold zone. Raney gold property proposed grid with past drill hole locations: http://www.mphventurescorp.com/i/maps/Raney_gridsketch.jpg To date, fourteen diamond drill holes have been completed on the project, five holes by past project operators and nine holes by MPH Ventures. Significant gold intersections include 7.7 g/t Au over 6.8 metres in hole R-09-04, 6.5 g/t Au over 8.0 metres in hole R-09-08, and 3.5 g/t Au over 6.8 metres in hole 99-01. Most intersections are positioned between the 90 and 130 metre vertical depth level. Results from the limited drilling to date show excellent potential for the discovery of a continuous gold structure on strike and at depth. In other news, drilling on the Godfrey Gold Project has now been completed. The Company added a third hole to the program based on the visual examination of the core from the first two holes. The third hole was initiated to test the altered intrusion at a depth below the first two holes. Visual assessment indicates a continuation at depth of similar mineralization as observed in holes 1 and 2. Assays are pending. The 100% owned Godfrey Gold property is located 20 km west of Timmins, Ontario and 9 km northwest of the Lakeshore Gold Timmins Mine. Godfrey Gold Project drill hole 3 core picture: http://www.mphventurescorp.com/i/photos/Godfrey-Core-3.jpg 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. The Company has recently acquired several properties in Northeastern Ontario and the West Timmins Mining Camp. 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" ______________________________ JAMES G. PETTIT President |
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