MPH Ventures Files Updated NI 43-101 Resource Estimate on Pidgeon Molybdenum Project, NW Ontario

MPH Ventures Corp. (TSX VENTURE:MPS) (FRANKFURT:IJA1) (the "Company") is pleased
to announce that it has filed a National Instrument 43-101 ("NI 43-101")
Technical Report for its 3420 acre Pidgeon Molybdenum Project (the "Property")
located approximately 50 kilometres east from the city of Dryden in the District
of Kenora, Northwestern Ontario. 


The independent technical report, entitled "Pidgeon Molybdenum Project National
Instrument 43-101 Compliant Technical Report" (the "Technical Report") and dated
July 05, 2012 was prepared for MPH by Cliff Duke, P.Eng. of Riverbend Geological
Services Inc. ("Riverbend") of Beausejour, Manitoba. 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/i/pdf/Pidgeon-NI-43-101.pdf and
http://www.mphventurescorp.com/i/pdf/Pidgeon-App_A-07-12.pdf


Pidgeon Molybdenum Mines Ltd. (PMML), a wholly owned subsidiary of MPH Ventures
Corp., holds a 100% interest in a contiguous group of 13 mineral claims under a
mining lease and 3 additional patented claims attached to the lease. The Company
also owns 100% of four mineral claims, acquired by staking, and a 100% interest
in 10 additional claims, acquired pursuant to an option agreement. Both
groupings surround the mining lease and collectively these land positions make
up the Property.


Pidgeon Molybdenum Deposit Location Map:
http://www.mphventurescorp.com/s/Image.asp?i=maps/MPS-ON-Pidgeon-Fig_41.gif


In 2007 Wardrop Engineering Inc. ("Wardrop") was commissioned to prepare an NI
43-101 compliant technical report for the Pidgeon Molybdenum deposit. Wardrop
reviewed the historical data and estimated that the Pidgeon Molybdenum deposit
contained an inferred resource of 8.5 million tonnes grading 0.099% Molybdenum
(Mo). Since acquiring the project in 2007, the Company has drilled 47 holes on
the project, 36 of which encountered significant molybdenum mineralization. The
Technical Report prepared by Riverbend provides an independent updated resource
estimation of the Pidgeon Molybdenum deposit. The updated NI 43-101 report
estimated the resource of the Pidgeon Molybdenum deposit to contain 2.66 million
tonnes of 0.117% Mo (6,856,000 lbs. Mo) in the Indicated resource classification
and 12.39 million tonnes of 0.083% Mo (22,658,000 lbs. Mo) in the Inferred
resource classification, both at a cutoff grade of 0.04% Mo. 


The Technical Report also states that the Pidgeon deposit has the potential to
be a large tonnage, low grade molybdenite deposit amenable to open pit mining
methods. The deposit is open at both the west and east ends, as well as at
depth. In addition, Riverbend noted the presence of molybdenite in a 1966 Rio
Tinto drill hole, some 1.5 kilometres east of Lateral Lake. The west lens of the
deposit was not tested in the most recent drill programs. The report recommends
that MPH spend an additional $444,000 to drill 20 additional holes to test the
west lens, and extend the limits of the deposit at both the east and west ends.
If the results of this drilling are favourable, the Technical Report recommends
a second phase of drilling consisting of 60 diamond drill holes to better define
grade continuity at an estimated cost of $1,350,000. The Company is currently
evaluating the Pidgeon Molybdenum Project as well as its other exploration
properties and will make a decision on the direction the Company pursues with
regards to its next round of exploration.


Qualified Person:

The Technical Report was prepared by Cliff Duke, P.Eng., of Riverbend Geological
Services Inc. in accordance with National Instrument 43-101. Cliff Duke is a
"Qualified Person" as defined by NI 43-101.


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


About MPH Ventures Corp.:

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

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.