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Projects Overview
Pidgeon Molybdenum Deposit Project
Godfrey Gold Project, West Timmins, Ontario
Raney Township Gold Property, Timmins, Ontario
Big Mac Property, Sudbury, Ontario
The Shining Gold Property, Timmins, Ontario
The Gould Gold Property, Wawa, Ontario
Geneva Lake Gold Property, Sudbury, Ontario
Heyson Project, Red Lake, Ontario
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MPH Ventures Corp. (TSX-V: MPS) is a diversified molybdenum and gold exploration and development company with multiple projects centrally located throughout Northern Ontario including a number of properties near Timmins, Ontario. The Company has acquired the Pidgeon Molybdenum Deposit in Northwestern Ontario from BHP Billiton and Goldcorp with a significant NI 43-101 molybdenum resource. The property is accessible year round and development plans include increasing the resource base, conducting regional exploration and carrying out metallurgical testing for recovery of molybdenum and by-products. MPH Ventures owns 100% of six non-contiguous gold exploration properties comprised of approximately 735 hectares located in Northeastern Ontario. These properties are located throughout various mineral rich mining camps and include the Godfrey Gold property in West Timmins, the Raney project and the grass roots exploration Big Mac, Geneva Lake, Shining Gold and Gould Gold properties. The Raney property is located in Raney Township, approximately 110 km southwest of Timmins, Ontario. To date, fourteen diamond drill holes have been completed on the project. Significant gold intersections include 7.7 g/t Au over 6.8 metres, 6.5 g/t Au over 8.0 metres, and 3.5 g/t Au over 6.8 metres. A phase three 2010 winter drill program was completed. The Company also owns 50% of the 7,000 acres Heyson gold property with Skyharbour Resources Ltd. owning the other 50% interest. The property lies in the southern portion of the central Red Lake, Ontario gold belt, 5 km south of the operating Goldcorp Red Lake and Campbell gold mines. MPH Ventures has identified a large, well-defined "gold-in-till" anomaly on the Heyson property. The width of the anomaly covers 350 metres along a strike length of 1.5 km. Drilling in 2003 tested the Sully Creek Till Anomaly and identified gold values within a distinct hematite-epidote alteration system with the most significant intercept grading 59.4 grams per tonne over 0.4 metres. |
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