Thu Mar 25, 2010 MPH Ventures Elevates Raney Gold Project Exploration Program
Vancouver, BC -- MPH Ventures Corp. (TSX-V: MPS) (FWB: IJA1) (the "Company") is pleased to announce an expanded diamond drill program to evaluate a number of anomalies identified by the recently completed Induced Polarization Survey. Concurrently the Company completed over 7.6 kilometres of line cutting to assist in the identification and confirmation of additional targets on the 100% owned, 3500 acre Raney property located southwest of Timmins, Ontario.
The IP survey conducted by MPH Ventures over the Raney property gold occurrence extended 400 metres to the west and 400 metres to the east on strike with the known gold zone. Multiple chargeability and resistivity anomalies were identified by the survey and a diamond drill program is planned to begin immediately.
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 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, 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.
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 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 grass roots exploration properties in Canada and the world.
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
For further information contact myself or:
Don Myers
MPH Ventures Corp.
Director
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@mphventurescorp.com
or
Jay J. Bedard
Envoy Strategic Partners
Corporate Communications
Telephone: 416-977-7778
Email: jay@envoystrategicpartners.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.
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.
You can view the Next News Releases item: Tue Mar 30, 2010, Drill Program Initiated on Raney Gold Project by MPH Ventures near Timmins, Ontario
You can view the Previous News Releases item: Wed Feb 24, 2010, MPH Godfrey Gold Phase One Drill Program Completed, West Timmins, Ontario
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