• Montag, 23 Dezember 2024
  • 08:10 Uhr Frankfurt
  • 07:10 Uhr London
  • 02:10 Uhr New York
  • 02:10 Uhr Toronto
  • 23:10 Uhr Vancouver
  • 18:10 Uhr Sydney

MPH Ventures Corporation: Files NI 43-101 Technical Report on the Raney Gold Property

27.11.2012  |  Marketwire
VANCOUVER, BC -- (Marketwire - Nov. 27, 2012) - 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 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



NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.



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
Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!



Mineninfo
MPH Ventures Corp.
Bergbau
-
-
Copyright © Minenportal.de 2006-2024 | MinenPortal.de ist eine Marke von GoldSeiten.de und Mitglied der GoldSeiten Mediengruppe
Alle Angaben ohne Gewähr! Es wird keinerlei Haftung für die Richtigkeit der Angaben und der Kurse übernommen!
Informationen zur Zeitverzögerung der Kursdaten und Börsenbedingungen. Kursdaten: Data Supplied by BSB-Software.