MPH Ventures Corp.
TSX VENTURE : MPS
FRANKFURT : IJA1

MPH Ventures Corp.

May 28, 2009 09:00 ET

MPH Ventures Expands Historical Intersection on Raney Gold Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 28, 2009) - MPH Ventures Corp. (TSX VENTURE:MPS) (FRANKFURT:IJA1) (the "Company") reports drill core assay results from a hole completed by a previous operator of the Raney Gold Project in northeastern Ontario. While examining the core from drill hole RAN-08-04, an un-sampled section with appreciable quartz veining and sericite alteration was identified and sampled. The split section returned an assay of 14.38 g/t Au over 1.7 metres, and is contiguous with the historical intersection in hole RAN-08-04 of 2.76 g/t Au over 15.5 metres.

Raney gold project location map:
http://www.mphventurescorp.com/s/Image.asp?i=maps/MPS_Raney_Location_Map.jpg

The new assay results combined with the historical assay results average 3.91 g/t Au over 17.20 metres. Individual sample results are include in Table 1. Photographs of the drill core for this intersection are posted on the MPH website.

Drill Hole RAN-08-04 Showing New Intersection
http://www.mphventurescorp.com/i/pdf/MPS-Raney-Past-Drilling-2.pdf



Table 1 - DDH RAN-08-04 Assay Results

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Company Sample From m To m Width m g/t Au
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MPH 8943 107.0 108.0 1.0 0.02
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MPH 8944 108.0 109.0 1.0 24.10
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MPH 8945 109.0 109.7 0.7 0.50
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Prev Operator 119884 109.7 110.7 1.0 14.95
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Prev Operator 119885 110.7 111.4 0.7 12.09
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Prev Operator 119886 111.4 112.0 0.6 1.38
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Prev Operator 119887 112.0 112.9 0.9 0.44
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Prev Operator 119888 112.9 113.8 0.9 1.15
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Prev Operator 119890 113.8 114.8 1.0 2.46
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Prev Operator 119891 114.8 115.8 1.0 0.97
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Prev Operator 119892 115.8 116.8 1.0 1.43
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Prev Operator 119894 116.8 117.8 1.0 3.08
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Prev Operator 119895 117.8 118.7 0.9 2.11
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Prev Operator 119896 118.7 119.6 0.9 0.09
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Prev Operator 119897 119.6 120.2 0.6 1.21
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Prev Operator 119898 120.2 121.2 1.0 0.29
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Prev Operator 119899 121.2 122.4 1.2 0.46
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Prev Operator 119900 122.4 123.4 1.0 1.20
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Prev Operator 8551 123.4 124.4 1.0 1.35
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Prev Operator 8552 124.4 125.2 0.8 3.85
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Prev Operator 8553 125.2 126.2 1.0 0.02
----------------------------------------------------------------------------


MPH president Jim Pettit commented "The review of the work by previous operators has provided us with some very positive results within the early stages of the exploration program. The results demonstrate the exceptional exploration potential of the Raney project, with robust widths and grades. It is notable that only a couple of drill holes have ever tested this promising alteration system. At this point we have mobilized a drill to the property and look forward to future results from this intriguing property."

MPH Ventures has commenced the drilling of 2 drill holes (Ran-09-06 and Ran-09-07) as step-out holes to the east and west on strike to the historic drill holes.

A drill plan providing the location of the historical drill holes is located on the MPH website.

The exploration program is being carried out under the direction of Todd Keast, PGeo. The information in this news release was prepared by Todd Keast, PGeo. a qualified person as defined by National Instrument 43-101.

The company has a quality control program to ensure best practices in the sampling and analysis of drill core. At the drill site, the BQ size core is placed in core boxes and delivered to a secure core processing facility. The core is "split" using a diamond saw by experienced exploration technicians and logged by Todd Keast. Half of the core is left in the core box as a permanent reference of the interval sampled and half of the designated sample interval is delivered in sealed bags for preparation at ALS Chemex Prep Lab located in Sudbury, Ontario, with the pulps shipped to ALS Chemex Assay Laboratory in Vancouver, B.C. All samples are assayed for gold by Fire Assay with an AA finish, using 30 gram samples. Accuracy of results are tested through the systematic inclusion of blanks and reference standards. ALS Chemex is an ISO 17025 certified Laboratory.

MPH Ventures Corp. is a gold and molybdenum exploration company focused on mineral development within 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.

Contact Information

  • MPH Ventures Corp.
    James G. Pettit
    President
    (604) 687-3376 or Toll Free: 1-800-567-8181
    (604) 687-3119 (FAX)
    or
    MPH Ventures Corp.
    Don Myers
    Director
    (604) 687-3376 or Toll Free: 1-800-567-8181
    (604) 687-3119 (FAX)
    Email: info@mphventurescorp.com
    Website: www.mphventurescorp.com