MPRXF News Alert Mega Prec Metals (MPRXF) 0.0369 02/15/2015

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Mega Prec Metals (MPRXF) 0.0369 $MPRXF

Mega Precious Metals Commences Winter Drill Program with Two Drill Rigs and Provides an Exploration Update for Monument Bay
Marketwired - Mon Feb 09, 8:27AM CST
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" is pleased to announce the company has commenced a 5,000 metre winter drill program at the Monument Bay Gold and Tungsten Project located in Manitoba. The company has two drill rigs on the property focusing on resource expansion and new target development building on the success of the 2014 drill results which demonstrated a robust and high-grade gold/tungsten system. This mineralized system continues to have significant potential for resource expansion on strike along the Twin Lakes Shear Trend as well as outlining new mineralized structures such as the South Limb and Altered Island Shear Trends (December 1, 2014).
MGP.VN: 0.040 (unch)

Mega Precious Metals Drills 18 m at 2.6 g/t Gold Including 0.24% Tungsten and 4.5 g/t Gold Over 3 m at Monument Bay
Marketwired - Thu Jan 15, 9:28AM CST
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" is pleased to announce additional drill results from the 2014 drill and Old Core Assay Program ("OCAP" at the Monument Bay Project, located in Manitoba. The success of the 2014 exploration program continues to confirm and extend the continuity of near surface high grade gold/tungsten structures that have multiple occurrences of visible gold ("VG" . In addition, Mega has defined new mineralized structures and has extended the mineralization below the conceptual open pit (figure 1). The gold and tungsten intercepts announced below focus on the east side of the Twin Lakes deposit. These intercepts have the potential to significantly increase the size and grade of the current mineralized footprint as they are not included in the recently announced resource update (November 21, 2014).
MGP.VN: 0.040 (unch)

Mega Precious Metals Discovers Significant Mineralized Trends at Its Monument Bay Project and Appoints Tim Twomey as VP Exploration
Marketwired - Mon Dec 01, 8:38AM CST
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" is very pleased to announce that the company continues to develop an updated comprehensive exploration model for the entire 338 km2 Monument Bay Project. This new exploration model includes recent fall drilling results from two wildcat drill holes (TL-14-543 and TL-14-544), the compilation of new magnetic inversions and previous geophysical, geochemical, drilling and channel sampling within the region. This updated model has identified two new structures, the "South Limb Shear Trend" and "Altered Island Shear Trend" both structures are within 2 km south of Twin Lakes Gold Tungsten Deposit. The new structures display compelling geological and geophysical characteristics similar to the main Twin Lakes Shear Trend which hosts multiple gold deposits. (Figures 1 and 2)
MGP.VN: 0.040 (unch)

Mega Precious Metals Files Its Technical Report for the Monument Bay Project Mineral Resource Estimate
Marketwire Canada - Fri Nov 21, 6:05PM CST
Mega Precious Metals Inc. (TSX VENTURE:MGP) ("Mega" or the "Company" is pleased to announce that it has filed a technical report (the "Report" , prepared for the Monument Bay Project in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101" . The Report, dated November 21, 2014, has an effective date of August 12, 2014 and may be found on the Company's website at http://www.megapmi.com or under the Company's profile at www.sedar.com.
MGP.VN: 0.040 (unch)

Pinetree Capital Ltd. Acquires Securities of Mega Precious Metals Inc.
Marketwired - Thu Nov 13, 10:07AM CST
Pinetree Capital Ltd. (TSX: PNP), announces that through a series of transactions that ending on November 12, 2014, it acquired ownership of 470,000 common shares ("Common Shares" of Mega Precious Metals Inc. ("Mega" through the facilities of the TSX Venture Exchange representing approximately 0.3% of the total issued and outstanding common shares of Mega as of November 12, 2014. As a result of this transaction, Pinetree and its joint actors collectively held, as at November 12, 2014, an aggregate of 35,794,795 common shares of Mega, including the Common Shares, and rights to acquire an additional 4,250,000 common shares of Mega upon exercise of certain convertible securities (the "Convertible Securities" . Of these totals, Pinetree owns 23,250,000 common shares, including the Common Shares, and 2,000,000 of the Convertible Securities directly (the "Pinetree Convertible Securities" . In the event that the Convertible Securities are fully exercised, the holdings of Pinetree and its joint actors represents a total of 40,044,795 common shares of Mega, or approximately 22.6% of all issued and outstanding common shares as at November 12, 2014, calculated on a partially diluted basis assuming the exercise of the Convertible Securities only. In the event that the Pinetree Convertible Securities are fully exercised, the direct holdings of Pinetree represents a total of 25,250,000 common shares of Mega, or approximately 14.4% of all issued and outstanding common shares as at November 12, 2014, calculated on a partially diluted basis assuming the exercise of the Convertible Securities only.
PNP.TO: 0.08 (unch)

African Gold Group: Recent Dumping Of Junior Mining Shares By Pinetree Capital Provides A Unique Opportunity
The Critical Investor - at Seeking Alpha - Sat Nov 01, 5:30AM CDT


Mega Precious Metals Reports Updated Mineral Resource Estimate for the Monument Bay Project With a Significant Increase in Grade and Resources
Marketwired - Wed Oct 08, 6:01AM CDT
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" is pleased to release an updated gold and initial tungsten mineral resource estimate ("resource; "resources"; "estimate" for the Company's 100% owned Monument Bay Project located in northeastern Manitoba. The undiluted and in-situ estimate was completed by WSP utilizing a 3D block model and supported with input from the Company's geological personnel and an extensive external third party peer review by Tim Twomey, P. Geo. Table 1 provides a deposit summary of the resource categorized by pit constrained and underground constrained cut-off grades (COG). For clarity, a reconciliation of changes with respect to the previously released resource estimate (June 17, 2013) is provided in Table 2 and 3. Three potential resource models were created to demonstrate either a higher grade scenario or utilizing larger and deeper potential pit shells that could be considered in a less-constrained capital markets environment are profiled in Table 6.
MGP.VN: 0.040 (unch)

Mega Precious Metals Provides Positive Metallurgical Results for the Monument Bay Project
Marketwire - Thu Oct 02, 8:33AM CDT
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" is pleased to announce positive results from the ongoing metallurgical work being completed by Thibault & Associates Inc. on the conceptual open pit within the Twin Lakes Deposit at the Monument Bay Project. The metallurgical program results will be included as part of Mega's upcoming maiden gold and tungsten NI 43-101 Resource Estimate and for future Preliminary Economic Assessment ("PEA" work.
MGP.VN: 0.040 (unch)

Mega Precious Metals Announces the Appointment of Anthony Makuch to the Board of Directors
Marketwire - Wed Oct 01, 8:17AM CDT
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" announces the appointment of Anthony (Tony) Makuch to the Board of Directors. Currently, Mr. Makuch is the President and CEO of Lake Shore Gold Corp. ("Lake Shore" . Tony has over 25 years of management, operations and development experience in the mining industry. As President and CEO of Lake Shore Gold, Mr. Makuch has been instrumental in the development of Lake Shore to a 180,000 ounce per year gold producer. Prior to Lake Shore, Mr. Makuch was Senior Vice President and Chief Operating Officer for FNX Mining. Tony holds a Bachelor of Science Degree (Honours Applied Earth Sciences) from the University of Waterloo in Ontario, and both a Masters of Science Degree in Engineering and a Masters of Business Administration from Queen's University in Ontario.
LSG: 0.88 (+0.02), MGP.VN: 0.040 (unch)

Mega Precious Metals Expands High Grade Gold and Tungsten Mineralization and Commences Fall Drilling Program at Monument Bay
Marketwire - Thu Sep 25, 8:15AM CDT
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" is pleased to announce additional drill results from its ongoing drill and OCAP (Old Core Assay Program) which continues to expand the high grade gold and tungsten ("WO3" mineralization at its "Monument Bay Project, located in Manitoba. Mega's 2014 drill program has encountered multiple high grade gold and gold / tungsten (WO3) structures near surface within broader gold mineralized zones with multiple occurrences of visible gold ("VG" .
MGP.VN: 0.040 (unch)

Mega Precious Metals Intersects 38m of 4.43 g/t Gold Expanding Near Surface High Grade Gold Structure at Monument Bay
Marketwire - Wed Aug 06, 8:12AM CDT
Mega Precious Metals Inc. (TSX VENTURE: MGP) ("Mega" is pleased to announce an additional seven (7) holes from its 29 hole, 4,784m winter drill program and nine (9) holes from its OCAP (Old Core Assay Program) on its high grade gold and tungsten ("WO3" 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.
MGP.VN: 0.040 (unch)




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