All of the deposits remain open both along strike and down-plunge and new prospective horizons located in close proximity to the current resource are currently being further defined by drilling, OCAP, and surface exploration which will provide valuable information to make additional new discoveries.
Live Conference Call Access Information
The Corporation has scheduled a conference call for investors and analysts at 10:00 AM (Eastern Time) Wednesday June 19, 2013. The Monument Bay Technical Presentation which will accompany this call will be available for download after 4pm on June 18, 2013 at:
North American Toll-Free Number: 1.866.261.676, Participant Code: 6714263#
International Toll-Free Number: 0080045622524, Participant Code: 6714263#
International Toll Number: 416.850.2050, Participant Code: 6714263#
Qualified Person Comments
Mr. Todd McCracken, P.Geo. of Tetra Tech and Wenchang Ni, P.Eng of Tetra Tech are Qualified Persons and independent of the Company as defined by Section 1.5 of the NI 43-101 guidelines and have reviewed and approved the technical information contained in this release. The resource estimate has been prepared in compliance with National Instrument 43-101 and form NI 43-101F1, which requires that the estimate be prepared in accordance with the "CIM Definition Standards on Mineral Resources and Mineral Reserves as prepared by the CIM Standing Committee on Reserve Definitions and as adopted by CIM Council, December 11, 2005.
Mega Precious Metals Inc. is a well financed Canadian-based mineral exploration company with several projects in Northwestern Ontario, Manitoba and Nunavut. The Company is committed to an accelerated growth strategy and is backed by a team of experienced mining experts and a strong financial position. The Company is poised for rapid expansion through quick response to new opportunities and changes in the market. Mega's common shares trade on the TSX Venture Exchange under the symbol MGP.
For further information and presentation material, please review the Mega website at www.megapmi.com.
Certain statements in this press release relating to the Company's exploration activities, project expenditures and business plans are "forward-looking statements" within the meaning of securities legislation. The Company does not intend, and does not assume any obligation, to update these forward-looking statements. These forward-looking statements represent management's best judgment based on current facts and assumptions that management considers reasonable. The Company makes no representation that reasonable business people in possession of the same information would reach the same conclusions. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. In particular, fluctuations in the price of gold or in currency markets could prevent the Company from achieving its targets. Readers should not place undue reliance on forward-looking statements. More information about risks and uncertainties affecting the Company and its business is available in Mega Precious Metal's filings which are posted on sedar at www.sedar.com.
There is no guarantee that drill results reported in this news release will lead to the identification of a deposit that can be mined economically, and further work is required to identify a reserve or resource.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Mega Precious Metals Inc.
Glen Kuntz, P.Geo.
President and Chief Executive Officer
807-766-3380 or TF: 877-592-3380
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