Suite 2230 - 885 West Georgia Street, Vancouver, BC, Canada, V6C 3E8
www.mphventurescorp.com
TSX Venture Exchange Symbol: MPS Telephone: (604) 687-3376
Email: info@mphventurescorp.com Facsimile: (604) 687-3119
NEWS RELEASE
December 14, 2009
MPH Ventures Intersects more Gold Mineralization on Raney Project,
Timmins, NE Ontario
Vancouver, BC - MPH Ventures Corp. (TSX-V: MPS) (FWB: IJA1) (the
"Company") reports drill core assay results from the fall phase 2
exploration program on the Company's 100% owned 3500 acre Raney Gold
Project located southwest of Timmins, northeastern Ontario. The
recently completed program focused on extending the limits of the
previously discovered gold bearing structure at and below the 100
metre vertical level.
Raney gold project location map:
http://www.mphventurescorp.com/s/Image.asp?i=maps/MPS_Raney_Location_Map.jpg
This 2nd phase consisted of a four hole, 800 metre diamond drill
program. Drill locations were limited to the north and east by wet
ground, but will be accessible for additional drilling during a phase
3 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 1.4
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 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.jpg
MPH president Jim Pettit commented "This drill program was planned to
test the limits of this gold bearing structure at or below the 100
metre level. The results from the small number of drill holes to date
indicate excellent potential for the discovery of a continuous zone
of gold mineralization. The system appears to be open to the east
and the Company looks forward to a winter drill program to test this
theory in the new year. Due to the unusually mild weather through
November we were not able to test the strike extension to the east
because of poor ground conditions".
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 molybdenum exploration company
focused on mineral development within Canada.
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 .
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.