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MPS

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Share Name Share Symbol Market Type
TSXV:MPS TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

MPH Ventures Files NI 43-101 Technical Report on the Raney Gold Property, Southwest of Timmins, Ontario

27/11/2012 5:53pm

Marketwired Canada


MPH Ventures Corp. (TSX VENTURE:MPS) (OTC PINK:MPSFF) (FRANKFURT:IJA1) (the
"Company") is pleased to announce that it has filed a National Instrument 43-101
("NI-43-101") Technical Report for its 1408 hectare Raney Township Gold Property
(the "Property") located in northern Ontario, Canada, approximately 110 km
southwest of the city of Timmins, on the eastern side of Raney Lake.


The independent technical report, entitled "Technical Report on the Raney
Township Gold Property, Raney Township, Porcupine Mining District, Ontario
Canada" (the "Technical Report") and dated November 15, 2012 was prepared for
the Company by Karen Kettles, Msc., P.Geo. of Sudbury, Ontario. The Technical
Report is available under MPH's profile on SEDAR at www.sedar.com and the full
report is available on the Company's website at http://www.mphventurescorp.com.


The Company holds a 100% interest, subject to a 2% net smelter return royalty,
in the a contiguous group of twelve unpatented mining claims totaling 1408
hectare and 88 claim units. Raney location map:


Raney Gold Project (Timmins, Ontario) Location Map
http://www.mphventurescorp.com/s/Image.asp?i=maps/MPS_Raney_Location_Map.jpg 

Work to date by the Company consisted of trenching and sampling, induced
polarization (IP) surveys, followed by drilling on the Property during the
winter of 2009 and 2010. The only known gold occurrence on the Company's
Property is the Raney Gold Occurrence, which is the focus of the report. MPH
Ventures completed four separate phases of drilling on the Raney Project
totaling 2,151 metres of drilling in fourteen holes. 


The Report recommends a two phase exploration program to further evaluate the
Raney Township Gold property. The proposed budget for both phases is $406,725. 


Qualified Person:

The Technical Report was prepared by Karen Kettles, M.Sc., P.Geo., in accordance
with National Instrument 43-101. Karen Kettles is a "Qualified Person" as
defined by NI 43-101.


The Technical Report was reviewed by Robert Marvin, P.Geo., CPG, who is a
"Qualified Person" according to the definitions of NI 43-101. Mr. Marvin has
reviewed the preparation of the technical information and data included in this
news release.


MPH Ventures Corp. is a molybdenum and gold 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

FOR FURTHER INFORMATION PLEASE CONTACT: 
MPH Ventures Corp.
James G. Pettit
President
604-687-3376 or Toll Free: 800-567-8181
604-687-3119 (FAX)


MPH Ventures Corp.
Don Myers
Director
604-687-3376 or Toll Free: 800-567-8181
604-687-3119 (FAX)
info@mphventurescorp.com
www.mphventurescorp.com

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