MPH Ventures Options Gould Gold Property to Prodigy Gold Inc. in Ontario

MPH Ventures Corp. (TSX VENTURE:MPS) (FRANKFURT:IJA1) (the "Company") announces
that it has signed an option agreement with Prodigy Gold Incorporated that
allows Prodigy to earn up to a 100% interest in the 112 ha Gould Gold property
(the "Property") located adjacent to the Magino Mine gold property in the
Township of Finan, Ontario. 


The principal terms of the option agreement, subject to TSXV approval, are as
follows: 




--  Prodigy will pay MPH $10,000 and issue to MPH 50,000 common shares of
    Prodigy ("Shares") following acceptance by the TSXV of this transaction;
--  Prodigy can earn a 60% interest in the Property within two years of TSXV
    approval by paying MPH an additional $35,000, issuing MPH an additional
    150,000 Shares and incurring expenditures of $250,000; 
--  Prodigy can earn a 100% interest in the Property within three years of
    TSXV approval by paying MPH an additional $25,000 ($70,000 in
    aggregate), issuing MPH an additional 200,000 Shares (400,000 Shares in
    aggregate), incurring additional expenditures of $500,000 ($750,000 in
    aggregate) and granting MPH a net smelter returns royalty of 1%, which
    may be repurchased for $1,000,000; 
--  The Property is subject to an additional 2% net smelter returns royalty
    held by prior owners, half of which may be acquired for $1,000,000. 



About MPH Ventures:

MPH Ventures is focused on the development of its wholly owned molybdenum and
gold projects located throughout Ontario. Management of MPH has extensive
expertise in identifying and adding value to exploration projects throughout
Ontario, Canada. The Company is in the process of completing an update of its NI
43-101 resource estimate of its 100% owned Pidgeon Molybdenum Deposit Project in
Ontario. Since acquiring the project from BHP Billiton and Goldcorp in 2007, MPH
Ventures has drilled over 40 holes on the project and has hit significant
molybdenum intersections within open pit parameters.


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

MPH Ventures Corp. (TSXV:MPS)
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