Jim Rogers, President & CEO of Mega Precious Metals Interviewed by Ted Ohashi of InvestmentPitch - Video of Interview Posted on www.InvestmentPitch.com

This video interview is available for viewing on InvestmentPitch.com. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Mega Precious" in the search box.

Vancouver, British Columbia, February 16, 2012 - Ted Ohashi, analyst with InvestmentPitch, interviews Jim Rogers, President & CEO of Mega Precious Metals (TSXV:MGP).

This video interview is available for viewing on InvestmentPitch.com. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Mega Precious" in the search box.

Mega Precious Metals is a well financed Canadian-based mineral exploration company with several projects in Northwestern Ontario, Manitoba and Nunavut.

In 2011 both the Red Lake projects in Ontario saw significant advances in their

project evolution. At the North Madsen Project, Mega has completed a comprehensive due diligence study of the historical drill core, surface mapping, compilation of all technical data, diamond drilling, surface channel sampling stripping and detailed grid mapping. At Headway the combined drilling has confirmed the geological model and Hole MH1103 is now advancing toward the target horizon beyond the 2011 year end depth of 2462 metres.

During 2011, Mega drilled more than 27,000 metres in 76 holes at the Monument Bay Gold Camp in North Eastern Manitoba, mainly in step out drilling and successfully extended the open pit and high grade mineralization associated with the Burn Zone by increasing the size of the Burn Zone mineralization by over 300%.

The property hosts multiple high-grade gold mineralized zones within the Stull Lake greenstone belt which is along strike of the Stull Wunnummin Fault zone, one of the main controls for mineralization at Goldcorp's Musselwhite mine in Northern Ontario.

Mr. Rogers commented, "Mega is committed to finding and making mines.   Red Lake and the North Madsen area have a rich history of underground mining.   Mega's approach to unlock the economic potential of the North Madsen Project is to compile and analyze the drilling and historical mining done throughout the years.   I believe that when one steps back and considers the advances in mining technology, large scale equipment and improvements to milling, metallurgy and recovery that the North Madsen property is very comparable to districts where open pit mining is common place.   The technical issues at Headway have delayed and overshadowed the project, however, we believe in the potential of a high grade zone(s) in the hanging wall of Goldcorp's Red Lake Gold Mines and our goal is to get to a target depth in 2012. We are excited and look forward to discovering new gold ounces and moving Mega's Red Lake and Monument Bay projects closer to feasibility in 2012."

For more information on Mega Precious Metals, please visit the company's website at www.megapmi.com, or contact Jim Rogers at 807-766-3380 or email info@megapmi.com.

Ted Ohashi has an extensive background in both media and the financial community. Ted's been an analyst, portfolio manager, research director for the largest Western Canadian based securities firm, and president of a mutual fund management company.

InvestmentPitch.com is a multimedia company that provides a combined solution for creating and hosting financial video content, and distributing it across multiple platforms to investors and financial professionals. InvestmentPitch.com specializes in producing short three minute videos based on news releases and research reports.

CONTACT: InvestmentPitch.com Barry Morgan, CFO 604-684-5524 bmorgan@investmentpitch.com

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: InvestmentPitch via Thomson Reuters ONE

[HUG#1586868]

Übersicht  |  Drucken  |  nach Oben