VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 7, 2008) - MPH Ventures Corp. (TSX VENTURE:MPS) (the "Company") announces further assay results from its ongoing Phase 1 2008 diamond drill program at its Pidgeon Molybdenum Deposit located in NW Ontario.

MPH Ventures has now completed 12 delineation diamond drill holes of a proposed 40 hole drill program on its Pidgeon Molybdenum Deposit property. The Company reported high-grade molybdenum assay values from its first 3 holes in a January 21, 2008 News Release.

Pidgeon Molybdenum Deposit Drill Map: www.mphventurescorp.com/s/Image.asp?i=maps/MPS-Drill-Hole-Loc-lg.gif

MPH Ventures has now received assays results for drill holes 4, 5, and 6 at its Pidgeon Molybdenum Deposit project. Hole PM08-5 intersected a 46.5 metre intercept averaging 0.14 per cent molybdenum. Within the intercept are high-grade sections including 7.5 metres averaging 0.30 per cent molybdenum. Hole PM08-6 intersected a 41.5 metre section averaging 0.12 per cent molybdenum. Within the intercept are higher-grade sections including 6.5 metres averaging 0.15 per cent molybdenum.

The Pidgeon Molybdenum Deposit is one of Canada's sizeable undeveloped molybdenum deposits, located at the east end of Lateral Lake near Dryden in the Echo Township, Kenora mining district of Northwestern Ontario. Infrastructure in the area is ideal with transportation routes and power. A paved road is located 7 kilometres to the south and the CP Railway is 5 kilometres to the north. Power lines run north-south through the property.

The purpose of this primary drill program is to confirm the location, style, and grade of molybdenum (Mo) mineralization that had been previously reported by Rio Algom in 1981. Phase 1 drill hole locations have been designed to infill gaps in previous historic drill programs and to confirm past reported mineralization. By doing this, MPH Ventures intends to quickly confirm historical data as reported by Rio Algom, and to further increase the size of the deposit.

Results received continue to encourage the Company of the validity of past reports (see News Release November 27, 2007) including Rio Algom's report of 55,000,000 tonnes of an inferred resource of .081% molybdenum starting at surface.

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HOLE ID    Azimuth            Dip   Length M.                 Plan for hole
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 PM08-4        340     45 degrees      165.3    Confirm previous intercepts
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 PM08-5        340     50 degrees      222.8    Confirm previous intercepts
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 PM08-6        340     50 degrees      170.0    Confirm previous intercepts
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                 Weighted Average Grade
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HOLE ID         From M.     To M.   Length M.       Mo%
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PM08-4           138.9     165.3        27.4      0.04%
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including        140.4     140.9         0.5      0.11%
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PM08-5           135.5     182.0        46.5      0.14%
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including        135.5     143.0         7.5      0.30%
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including        135.5     137.0         1.5      0.45%
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including        142.0     142.5         0.5      2.42%
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including        159.5     160.5         1.0      0.27%
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including        178.0     178.5         0.5      0.68%
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PM08-6           126.5     168.0        41.5      0.12%
including        126.5     133.0         6.5      0.15%
including        128.5     131.0         2.5      0.29%
including        138.0     139.0         1.0      0.11%
including        141.0     142.0         1.0      0.12%
including        163.0     164.0         1.0      0.11%
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All intercepts are believed to be 90%+ of true width of mineralization.

MPH Ventures is very pleased with the assay data received to date. This is an excellent start in the process to delineate the Pidgeon Molybdenum Deposit project. The ongoing Phase 1 drill program continues to confirm the molybdenum mineralization reported in previous historical reports. All holes drilled to date have intersected molybdenum mineralization. The completed drill holes continue to confirm and extend the previously described geology and molybdenum mineralization.

The molybdenum mineralization outcrops at surface on the Pidgeon Molybdenum Deposit property and the molybdenum mineralization is continuous to the depths drilled to date. The Company is very encouraged with the information being gleaned from this drill program. MPH Ventures believes it will be successful in increasing the size and tonnage of the project.

Assays from an additional 6 drill holes have not been received and are pending including the deeper intersections. The drill program is ongoing.

At the Pidgeon Molybdenum Deposit property, the drill core is sawn into halves with one-half being sent for analysis and the other kept for future reference. All samples were prepared and analyzed at TSL Analytical Labs in Saskatoon using a four-acid digestion with analysis by induced couple polarization (ICP). A stringent program of check, blank and duplicate sampling was employed throughout with duplicates, standards and blanks being entered into the sample stream at regular intervals.

David J. Busch, B.A., B.Sc., PGeo., MPH Ventures' Project Manager, is the qualified person under the meaning of National Instrument 43-101 and has reviewed the data in this News Release.

MPH Ventures Corp. is a gold, silver, and molybdenum exploration company focused on mineral development within Canada and Latin America.

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

Don Huston, Director

This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various 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. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.

FOR FURTHER INFORMATION PLEASE CONTACT:

MPH Ventures Corp.
Don Huston
Director
(604) 687-3376 or Toll free: 1-800-567-8181