Vena Resources Inc.
OTC Bulletin Board : VNARF
FRANKFURT : V1R
TSX : VEM

Vena Resources Inc.

August 30, 2007 10:43 ET

Vena Begins 8,000 Metre Drill Program at Azulcocha West-Base Metals Project

TORONTO, ONTARIO--(Marketwire - Aug. 30, 2007) - Vena Resources Inc. ("Vena" or the "Company") (TSX:VEM)(LIMA:VEM)(FRANKFURT:V1R)(OTCBB:VNARF) is pleased to announce that drilling has commenced at Azulcocha West. A total of 20 platforms have been built to drill up to 40 holes on 10 targets for a total of 8,000 metres of drilling. Drilling includes targets within the Waie and El Triunfo properties as well as several new projects within the Azulcocha West Joint Venture properties.

The drilling locations have been determined by Vena and Glencore geologists and were based on the recent completion of a 54 line-kilometre geophysics program (magnetometry, IP, and resistivity) over 6,000 hectares, detailed geological mapping and a more than 500 sample geochemical study that returned significant values for zinc, copper and lead.

SEDIMISU has been contracted to complete 2,000 metres of core drilling utilizing two rigs and is currently drilling the first hole at El Triunfo. Choque Drilling SA has been contracted to complete 6,000 metres of core drilling utilizing two rigs that are currently mobilizing and will begin drilling next week.

Azulcocha West is a joint venture with Glencore to explore the western portion of Azulcocha over the next two years at a cost to Glencore of US$3.75 million. Azulcocha is near Huancayo, Peru, located approximately 260 kilometres east from the city of Lima.

The drilling programs are being supervised by Dr. James W. Stewart P.Geo., Vena's Qualified Person as defined by NI 43-101. Core samples will be cut longitudinally with a diamond saw, with one half of the core placed in sealed bags and initially shipped to SGS laboratories in Lima, Peru, an ISO certified assay laboratory. SGS is in the process of building an on-site lab to be completed by late September. The program includes a comprehensive assay quality control routine comprising the systematic use of standards, blanks and field duplicate samples. Secondary laboratories will be used for check assaying.

For further information please visit the Company website at www.venaresources.com.

Statements in this press release regarding the Company's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.

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