MPH Ventures Intersects more Gold Mineralization on Raney Project,
Timmins, NE Ontario
(Thomson Reuters ONE) - Suite 2230 - 885 West Georgia Street, Vancouver, BC, Canada, V6C 3E8 www.mphventurescorp.comTSX Venture Exchange Symbol: MPS Telephone: (604) 687-3376Email: info(at)mphventurescorp.com Facsimile: (604) 687-3119 NEWS RELEASE December 14, 2009MPH Ventures Intersects more Gold Mineralization on Raney Project,Timmins, NE OntarioVancouver, BC - MPH Ventures Corp. (TSX-V: MPS) (FWB: IJA1) (the"Company") reports drill core assay results from the fall phase 2exploration program on the Company's 100% owned 3500 acre Raney GoldProject located southwest of Timmins, northeastern Ontario. Therecently completed program focused on extending the limits of thepreviously discovered gold bearing structure at and below the 100metre vertical level. Raney gold project location map:http://www.mphventurescorp.com/s/Image.asp?i=maps/MPS_Raney_Location_Map.jpgThis 2nd phase consisted of a four hole, 800 metre diamond drillprogram. Drill locations were limited to the north and east by wetground, but will be accessible for additional drilling during a phase3 winter drill program.Table 1 - Raney Phase 2 Assay Results DDH From m To m Width m gm/t Au R-09-11 57.00 60.00 3.00 4.7 R-09-11 59.00 60.00 1.00 11.5 R-09-11 97.00 105.00 8.00 1.6 R-09-12 95.00 97.25 2.50 2.9 R-09-13 NSA R-09-14 177.50 179.25 2.25 1.4To date, fourteen diamond drill holes have been completed on theproject, five holes by past project operators and nine holes by MPHVentures. Significant gold intersections include 7.7 g/t Au over 6.8metres 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. Location of historical Raney gold project drill holes: http://www.mphventurescorp.com/i/maps/MPS-Ran_ddhPlan.jpgMPH president Jim Pettit commented "This drill program was planned totest the limits of this gold bearing structure at or below the 100metre level. The results from the small number of drill holes to dateindicate excellent potential for the discovery of a continuous zoneof gold mineralization. The system appears to be open to the eastand the Company looks forward to a winter drill program to test thistheory in the new year. Due to the unusually mild weather throughNovember we were not able to test the strike extension to the eastbecause of poor ground conditions".The exploration program is being carried out under the direction ofTodd Keast, P. Geo. The information in this news release was preparedby Todd Keast, P. Geo., a qualified person as defined by NationalInstrument 43-101.The Company has a quality control program to ensure best practices inthe sampling and analysis of drill core. At the drill site, the BQsize core is placed in core boxes and delivered to a secure coreprocessing facility. The core is "split" using a diamond saw byexperienced exploration technicians and logged by Todd Keast. Halfof the core is left in the core box as a permanent reference of theinterval sampled and half of the designated sample interval isdelivered in sealed bags for preparation at ALS Chemex Prep Lablocated in Sudbury, Ontario, with the pulps shipped to ALS ChemexAssay Laboratory in Vancouver, B.C. All samples are assayed for goldby Fire Assay with an AA finish, using 30 gram samples. Accuracy ofresults are tested through the systematic inclusion of blanks andreference standards. ALS Chemex is an ISO 17025 certifiedLaboratory.MPH Ventures Corp. is a gold and molybdenum exploration companyfocused on mineral development within Canada.For further information on MPH Ventures Corp. (TSX-V: MPS) visit theCompany's web site at www.mphventurescorp.com .ON BEHALF OF THE BOARD OF DIRECTORS"Jim Pettit"______________________________JAMES G. PETTITPresidentFor further information contact myself or:Don MyersMPH Ventures Corp.DirectorTelephone: 604-687-3376Toll Free: 800-567-8181Facsimile: 604-687-3119Email: info(at)mphventurescorp.comorJay J. BedardEnvoy Strategic PartnersCorporate CommunicationsTelephone: 416-977-7778Email: jay(at)envoystrategicpartners.comNEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDERACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.This news release may contain certain "Forward-Looking Statements"that may involve a number of risks and uncertainties. There can be noassurance that such statements will prove to be accurate, and actualresults and future events could differ materially from thoseanticipated in such statements. For a more detailed discussion ofsuch risks and other factors, refer to the Company's filings withCanadian Securities regulators available on www.sedar.com .This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 14.12.2009 - 10:01 Uhr
Sprache: Deutsch
News-ID 9585
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