Ventana Gold Corp.
TSX : VEN

Ventana Gold Corp.

October 28, 2009 09:02 ET

Ventana Announces Additional La Mascota Drill Results-20.9 Metres at 7.3 Grams Per Tonne Gold-and Adds 10th Drill Rig

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 28, 2009) - Ventana Gold Corp. (TSX:VEN) ("Ventana" or "the Company") announces drill results from eight additional in-fill drill holes at the La Mascota zone on the La Bodega gold project in Colombia. The results reported here include drill holes 125, 129, 131 and holes 133 through 137. These are in-fill holes which have increased drill density within the first 800 metres of strike and extended the drilled depth along dip. Ventana has also accelerated the exploration program at La Mascota with the addition of a 10th rig.

Select drill hole intercepts are reported below:

DRILL HOLE NO.FROM (metres)TO (metres)INTERVAL (metres)AU (grams/tonne)
La Mascota Zone
DDH-09-LB-125



  including
7.00
66.40
155.00
232.00
236.10
12.50
69.60
182.00
242.60
240.00
5.50
3.20
27.00
10.60
3.90
1.42
2.35
1.18
9.05
21.81
DDH-09-LB-129



  including
64.60
248.00
255.06
307.00
313.00
68.60
287.50
259.00
328.00
320.20
4.00
39.50
3.94
21.00
7.20
6.13
4.62
13.29
2.50
4.70
DDH-09-LB-131111.00
127.00
203.00
271.00
291.00
309.00
328.00
343.00
365.00
114.00
130.70
207.80
285.00
294.85
324.00
334.00
347.00
369.00
3.00
3.70
4.80
14.00
3.85
15.00
6.00
4.00
4.00
1.43
1.76
4.30
2.51
2.36
2.35
1.23
2.64
2.60
DDH-09-LB-133



  including
47.70
63.70
73.00
163.06
172.00
293.05
55.00
64.65
94.00
184.00
176.00
295.00
7.30
0.95
21.00
20.94
4.00
1.95
3.38
4.87
2.00
7.32
31.90
5.52
DDH-09-LB-134178.00
245.00
184.60
259.50
6.60
14.50
1.36
2.35
DDH-09-LB-13544.00
54.00
116.00
152.30
283.00
48.00
59.00
120.00
157.75
284.00
4.00
5.00
4.00
5.45
1.00
1.70
4.02
1.61
2.26
8.71
DDH-09-LB-136
113.00
264.30
300.00
115.00
279.00
345.00
2.00
14.70
45.00
6.65
4.86
4.27
DDH-09-LB-137
  including

  and
  including
86.00
89.00
181.00
291.00
291.00
97.00
91.90
222.00
306.80
299.50
11.00
2.90
41.00
15.80
8.50
3.18
8.40
2.64
2.54
3.73

Drill intercepts are based on a 0.5 gram/tonne gold cut-off with no upper cut. Drill intercept lengths are down-hole lengths reflecting apparent widths of mineralization. True width of intercepts in hole 142 are about 60% of reported drilled width, 141 about 70% and 138 about 90%.

Figure 1 is a plan view showing the trend of mineralization along the La Bodega and La Mascota zones. The reported holes are located within each of the cross section lines noted on the plan view. Figure 2 illustrates these cross sections in the plane of each reported hole. All cross sections show new and previously reported drill results along with remaining planned holes to attain sufficient density for an NI 43-101 compliant resource. The reported holes continue to demonstrate continuity along strike and extend the deposit down-dip. As part of the La Mascota initial resource calculation, interpretation of the mineralized structure is ongoing with independent consultants Warren Pratt, Rob Sim and Bruce Davis.

Ventana President and CEO Steve Orr said: "Ventana currently has eight core drills conducting infill and extension drilling on the La Mascota deposit. Another two drills are expected to arrive by the end of October and we then plan to begin drilling on Las Mercedes, a parallel mineralized zone adjacent to and east of La Mascota. Exploration is also continuing with one drill on the step-out drilling along the additional 1.3 kilometres of tenements we control along the mineralized trend."

The 2009 drill program is part of Ventana's ongoing gold exploration program in the California-Vetas gold mining district of northeast Colombia. Ventana's exploration activities are currently concentrated on the high grade La Mascota zone. Property acquisitions in early 2009 consolidated a land position that now totals 4,573 hectares and added additional strike length that may extend the La Mascota zone 1,300 meters to the southwest.

To view Figure 1, please click on the following link: http://media3.marketwire.com/docs/1028Fig1ven.JPG

Mineralization at the La Bodega project occurs as a series of north-northwest-dipping parallel-sheeted vein zones, breccias and mineralized faults hosted within a broad, northeast trending regional fault zone.

A drill hole location map, cross sections and a complete listing of drill intercepts reported to date are available at www.ventanagold.com.

To view Figures 2 to 10, please click on the following link: http://media3.marketwire.com/docs/VEN1028fig2to10.pdf

Review by Qualified Person, Quality Control and Reports
The results of Ventana's drilling program have been reviewed, verified and compiled by Jon Lehmann, L.P.G., a qualified person as defined by National Instrument 43-101 (NI 43-101). Mr. Lehmann has over 25 years of mineral exploration experience, is a Licensed Professional Geologist in the State of Washington and a member in good standing of the Canadian Institute of Mining and Metallurgy.

To ensure reliable sample results Ventana has a rigorous QA/QC program in place that monitors the chain-of-custody of samples and includes the insertion of blanks, duplicates, and certified reference standards in each batch of samples. Core is photographed and sawed in half with one half retained in a secured facility for verification purposes. Sample preparation (crushing and pulverizing) is performed at an independent local laboratory established by a joint effort between the regional environmental permitting agency and the German Geological Survey, and at the Colombian preparation laboratory of ACME Analytical Laboratories. Prepared samples are direct-shipped to ACME Analytical Laboratories in Vancouver, B.C., an ISO 9001:2000 certified laboratory, for analysis. Pulp splits of mineralized intervals are re-assayed at an independent referee laboratory, Inspectorate America Corp. in Reno, Nevada.

Independent NI 43-101 technical reports have been prepared by EurGeol Miller O'Prey, P.Geo., for the La Bodega project and the nearby California-Vetas project to provide an updated review of the exploration activities that have occurred on the projects. These reports, dated June 14, 2008, are posted on Ventana's website at www.ventanagold.com.

About Ventana
Ventana is a Vancouver-based mineral exploration and development company with mineral rights to 4,573 hectares of exploration property in northeastern Colombia. Ventana is currently drilling at the La Bodega project with a focus on expanding the high-grade La Mascota zone. The Company's shares trade on the Toronto Stock Exchange under the symbol VEN.

Cautionary Statement Regarding Forward-looking Information
Certain of the statements made and information contained in this press release may constitute forward-looking information within the meaning of applicable securities legislation. All information and statements which are not historical fact constitute forward-looking information and, in many cases, can be identified by words such as "may", "will", "expect", "plan", "anticipate", "believe", "estimate", "potential", or other similar terminology. The forward-looking information contained in this press release is based on the reasonable expectations and beliefs of management as at the date of this press release and involves numerous assumptions, known and unknown risks and uncertainties, both general and specific to Ventana and the industry in which the Company operates. Such assumptions, risks and uncertainties include, but are not limited to future prices of gold, the factual results of current exploration, development and mining activities, changes in project parameters as plans continue to be evaluated as well as those factors disclosed in Ventana's documents filed from time to time with the securities regulators in the provinces of British Columbia, Alberta and Ontario. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results, performance or achievements of the Company, or industry results, may vary materially from those described in this press release. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as otherwise required by law, Ventana does not intend to and assumes no obligation to update or revise forward-looking information, whether as a result of new information, plans, events or otherwise.

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