Mega Precious Metals Inc MPRXF

Dundee Securities comments on Mega Precious Metals Inc.

[hockeyguy123]

According to Dundee Securities:

https://app.box.com/s/9mvbwup7f2bxz1b9fpd3

Mega Precious Metals Intersects 61M of 3.44 g/t Gold Including 6.64 g/t Gold Over 30M, Expands High Grade Continuity Near Surface at Monument Bay

Event: Drill Results from Mega Precious’ Monument Bay – MGP-T, Not Rated

Impact: Positive

Following our positive field review of Monument Bay, we note that the latest encouraging drill results validate the exploration model. With the Quartz Feldpar Porphyry (QFP) easily recognized as a favorable host to gold and tungsten mineralization, targeting and improving the drilling odds becomes easier.

With a strike length of over 8km and true width of 30m plus (the QFP plus adjacent shear zones a generally greater than 50m true width) we believe Monument Bay is a viable open pit situation with a great starter pit hosting 667k oz Au grading 2.7 g/t Au.

Stay posted as this story builds and comparisons to the celebrated Hollinger deposit in Timmins become more relevant.

[thehammer2]

Stay posted as this story builds and comparisons to the celebrated Hollinger deposit in Timmins become more relevant. Very interesting comparison from them IMHO. TH