MPH Ventures Corp.
TSX VENTURE : MPS
FRANKFURT : IJA1

MPH Ventures Corp.

June 11, 2009 09:00 ET

MPH Ventures Extends Structure With Reporting of Latest Assays on Raney Gold Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 11, 2009) - MPH Ventures Corp. (TSX VENTURE:MPS) (FRANKFURT:IJA1) (the "Company") reports results from two recently completed diamond drill holes on the 100% owned Raney Gold Project in northeastern Ontario. The holes were designed to test the continuity of a gold bearing alteration system at the 100 metre level which has returned an impressive 3.9 g/t over 17.20 metres, including 7.73 g/t Au over 6.80 metres, in historical hole RAN-08-04.

Hole R-09-06 intersected a 20 metre wide section of quartz-sericite carbonate alteration with significant quartz veining, sulphides and a single occurrence of visible gold. Within this alteration zone, which is located 50 metres east of the intersection reported in RAN-08-04, a 7.5 metre section averaging 1.66 g/t Au was recorded. Hole R-09-07 intersected an 18 metre wide section of moderate alteration, returning slightly anomalous gold values. In addition to the results of these two holes, the structure has been traced for a strike length of 100 metres, with a near vertical orientation.

Raney gold project drill hole location map:
http://www.mphventurescorp.com/i/maps/MPS-Ran_ddhPlan.jpg

The Company has completed three additional holes, results pending, and initiated a mechanical trenching program to expose the alteration zone on surface. Hole R-09-08 was designed as a 25 metre step-out to the east of RAN-08-04. Holes R-09-09 and R-09-10 are two shallow holes that were completed to test the up-dip extent of the zone above holes R-99-01 and RAN-08-04.

MPH consultant Todd Keast, P.Geo, commented "The first two holes completed by MPH demonstrate the continuity of the structure and degree of alteration within the system. As the structural pattern becomes clear, we will focus our drilling on higher grade shoots as demonstrated by the intersection in RAN-08-04. A sheared porphyry intrusion adjacent to the gold zone and a number of parallel shear structures have been identified on the property. These are common features well documented in the prolific gold camps of the Abitibi, and are excellent exploration indicators."

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.

A drill plan and sections providing the location and details of the drill holes are located on the MPH website.

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.

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 mineral 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