MPH Ventures Corp. (TSX VENTURE:MPS) (FRANKFURT: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 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.


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