Mega Precious Metals Inc MPRXF

News à 18:01- June 11.

[rickyclean]

Mega Precious Metals Intersects 55m of 3.33 g/t Gold Including 15.0 g/t Gold Over 5m, Expands Multiple High Grade Structures Near Surface at Monument Bay

18:01 EDT Wednesday, June 11, 2014

THUNDER BAY, ONTARIO--(Marketwired - June 11, 2014) -Mega Precious Metals Inc. (TSX VENTURE:MGP) ("Mega") is pleased to announce an additional four (4) holes from its 29 hole, 4,784m winter drill program and six (6) holes from its OCAP (Old Core Assay Program) on its high grade gold and tungsten Monument Bay Project, located in Manitoba. The success of the winter drill program continues to expand multiple high grade gold/tungsten structures to surface within the porphyritic dyke host rock and associated shear zones at the Twin Lakes Deposit.

Highlights:

• Mega's 2014 drill program has now encountered multiple high grade gold and gold/tungsten structures near surface within broader gold mineralized zones with multiple occurrences of visible gold ("VG")
  • TL-14-532 intersects 55.0m of 3.33 g/t gold including 15.0 g/t gold over 5.0m plus 14.0m @ 0.16 WO3
  • TL-14-527 intersects 37.6m of 3.06 g/t gold including 5.32 g/t gold and 0.12% WO3 over 17.0m

• The OCAP program continues to define broad gold zones coupled with multiple gold/tungsten shear zones that were previously left unassayed
  • TL-02-99 intersects 20.0m of 2.38 g/t gold along with 0.98% WO3 over 2.1m
  • TL-03-123 intersects 19.0m of 1.56 g/t gold along with 4.64 g/t gold and 0.27% WO3 over 8.1m
  • TL-13-503 intersects 24.5m of 1.00 g/t gold including 2.35 g/t gold and 0.17% WO3 over 8.5m
  • TL-11-427 intersects 43.0m of 1.66 g/t gold including 5.71 g/t gold over 10.0m plus 0.03% WO3 over 14.0m