MPH Ventures Corp.
TSX VENTURE : MPS
FRANKFURT : IJA1

MPH Ventures Corp.

May 20, 2010 09:00 ET

MPH Results on Raney Gold Project and New NI 43-101 Resource Calculation Being Completed on Pidgeon Molybdenum Deposit

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 20, 2010) - MPH Ventures Corp. (TSX VENTURE:MPS) (FRANKFURT:IJA1) (the "Company") reports drill results from the winter exploration program on the Company's 100% owned 3500 acre Raney Gold Project located southwest of Timmins, northeastern Ontario.

The drilling was designed to evaluate a number of prospective anomalies identified by the recently completed Induced Polarization (IP) Survey which extended 400 metres to the west and 400 metres to the east on strike with the known gold zone on the Raney project. MPH Ventures drilled five holes, totaling 650 metres, to test the numerous chargeability and resistivity anomalies identified by the IP Survey.

Hole R-10-01 was planned to test the extension of the Raney gold structure 100 metres east of the previous drilling. This hole intersected numerous gold intercepts over narrow widths including 18.85 g/t Au over 0.40 metres, 7.08 g/t Au over 0.75 metres, 3.67 g/t Au over 1.0 metre, and 2.85 g/t Au over 1.0 metre. The drilling confirms the eastward continuity of the structure. The other four holes did not intersect significant gold mineralization but sufficiently explained the geophysical anomalies.

Hole From M To M Intersection M G/T Gold
R-10-01 49.50 50.50 1.00 3.67
R-10-01 54.00 55.00 1.00 0.74
R-10-01 57.00 58.40 1.40 0.05
R-10-01 58.40 58.80 0.40 18.85
R-10-01 58.80 60.00 1.20 0.12
R-10-01 84.00 85.00 1.00 2.85
R-10-01 95.50 96.50 1.00 0.21
R-10-01 96.50 97.50 1.00 0.26
R-10-01 97.50 98.50 1.00 2.45
R-10-01 108.80 110.00 1.20 0.21
R-10-01 110.00 110.75 0.75 0.03
R-10-01 110.75 111.50 0.75 7.08
R-10-01 111.50 112.50 1.00 0.21

Raney gold property grid with past drill hole locations:
http://www.mphventurescorp.com/i/maps/Raney_gridsketch.jpg

To date, nineteen diamond drill holes have been completed on the project. Significant gold intercepts include 7.7 g/t Au over 6.8 metres within a broader zone of 3.9 g/t Au over 17.2 metres in hole R-09-04, 6.5 g/t Au over 8.0 metres in hole R-09-08, 3.5 g/t Au over 6.8 metres in hole 99-01, and 18.85 g/t Au over 0.40 metres in hole R-10-01.

Results from the limited drilling to date show excellent potential for the discovery of a continuous gold structure on strike and at depth. The Company is reviewing all data in order to determine the next phase of drilling.

The exploration program was 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.

In other news, MPH Ventures is currently updating its NI 43-101 resource estimate for its 100% owned 3,420 acre "Pidgeon Molybdenum Deposit" located near Dryden, Ontario. Since acquiring the project from BHP Billiton and Goldcorp in 2007, MPH Ventures has drilled over 40 holes on the project and has hit significant molybdenum intersections within open pit parameters.

MPH Ventures is focused on the development of its wholly owned gold and molybdenum projects located throughout Ontario. Management of MPH has extensive expertise in identifying and adding value to exploration projects throughout Ontario, Canada.

For further information on MPH Ventures Corp. (TSX VENTURE:MPS) visit the Company's web site at www.mphventurescorp.com.

ON BEHALF OF THE BOARD OF DIRECTORS

JAMES G. PETTIT
President

This news release may contain certain "Forward-Looking Statements" that may involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. For a more detailed discussion of such risks and other factors, refer to the Company's filings with Canadian Securities regulators available on www.sedar.com.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

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