MPM Mining Inc. owns or controls through leases 15 patented lode claims amounting to approximately 300 acres in the historical Emery Mining District of Powell County, Montana. MPM controls former mine sites that have been inactive since 1930, each has old adits, tunnels, and there is over 80,000 tons of dump ore at the site. All testing and metallurgical work has been completed.

The company owns a 200-ton per day floatation mill. MPM has an impoundment area consisting of two acres with a capacity of approximately 48,000 tons of tailings with area available to increase the containment to approximately 10 acres providing approximately 725,000 tons of tailings. The impoundment area retains an adequate supply so that no water is discharged into existing streams.

MPM has spent over $1.3 million on four exploration and drilling programs including work done by Freeport McMoran, Exxon and most recently Hecla Mining Company. Hecla’s drilling results were extremely encouraging in that some drill holes confirmed the presence of open pit ore and that certain deposits might be enlarged and improved in grade by further drilling. Additionally, there is considerable evidence of significant mineralized materials awaiting drilling programs.

The company is actively seeking a joint venture partner to do further exploration and development work and to bring the property into production.