Ventana Gold Corp.

Ventana Gold Corp.

November 29, 2007 19:31 ET

Ventana Announces Board Appointment, Files Q1 Financials

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 29, 2007) - Ventana Gold Corp. ("Ventana") is pleased announce the appointment of Mike Clarke to its Board of Directors, effective immediately. The Company made the appointment at Ventana's first Annual General Meeting held on November 27, 2007. The meeting also resulted in the re-appointment of Donald Clark, R. Stuart Angus, and Michael Steeves to the Board of Directors.

Mr. Clarke holds a Ph.D in Geology and has more than 30 years of international experience in the resource industry. Mr. Clarke is currently the Vice-President, Exploration for Augusta Resource Corporation, and has also worked in various senior level positions with First Quantum Minerals, Saudi Arabian Mining Company and Cyprus Exploration. Earlier in his career, he worked with San Luis Mining (Luismin, a subsidiary of Goldcorp), where he led the discovery of the Santa Rita silver-gold deposit and the San Antonio gold-silver deposit in Mexico.

Ventana also reports it has filed its first quarter financial statements for fiscal 2008. The first quarter financial report along with the management discussion and analysis have now been filed on SEDAR, and can also be found on the Company's website at

The Company also announces the granting of 75,000 incentive stock options to a director of the Company at an exercise price of $1.00 per share for a period of five years expiring on November 27, 2012.

ABOUT VENTANA GOLD CORP. - Ventana currently holds 3,788 hectares of exploration property in the California-Vetas gold district in Colombia, of which 3,610 hectares are wholly-owned with the remainder under option to acquire a 100% interest. The Company is currently drilling at La Bodega, a property lying adjacent to Greystar Resources' Angostura gold-silver deposit.

On behalf of the Board of Directors of Ventana,

Donald B. Clark, President and Director


The statements that are not historical facts are forward-looking statements involving known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described from time to time in Ventana's latest quarterly report and management discussion and analysis. Ventana assumes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.

No stock exchange has reviewed or accepts responsibility for the adequacy or accuracy of this news release.

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