Vena Resources Inc.
TSX VENTURE : VEM

Vena Resources Inc.

October 20, 2005 08:00 ET

Vena Intersects 190 Metres of 0.6% Cu on First Hole at Aurora Project

TORONTO, ONTARIO--(CCNMatthews - Oct. 20, 2005) - Vena Resources Inc. (TSX VENTURE:VEM)(LIMA:VEM) announces that it has intersected significant copper and molybdenum mineralization in the vertical diamond drill hole #1 at its 100% controlled Aurora project in southern Peru.

Our target for disseminated copper-molybdenum mineralization is a brecciated and fractured quartz monzonite porphyry. Limits and boundary of the breccia mass are not well defined. Mineralized breccia appears to be enclosed in a northwest trending mass of porphyry at least 1.8 km long and 400 to 800 m wide, open on both ends.

Field work continues in an effort to define limits of mineralized breccia. The initial assay results from one of the three core drilling rigs currently working the project appear to confirm, and locally exceed, the results of the widely spaced drilling previously completed by Bear Creek Mining (BCM) in late 1999. BCM's drilling information was re-assayed earlier this year and was reported by the Company on June 8, 2005.

"The Company is very excited about these positive initial results from drill hole DDA-1 at Aurora" said Juan Vegarra, Chairman and CEO of Vena Resources. "Our current drilling is focused on extending the mineralization in all directions. So far, we have completed 3 holes out of a 7 hole campaign and assays will be released as soon as they are ready. " A summary table of DDA-1 follows. Due to lab backlog some assays are pending and will be announced when received by the Company.



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Aurora Project Vertical Hole DDA-1
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Hole From (mt) To (mt) Int (mt) Cu % Mo%
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DDA-1 - 132 132 Pending
132 216 84 0.2%
216 406 190 0.6%
406 548 142 0.2%
548 604 56 Pending
-
Including 256 290 34 0.8%
266 290 24 1.0%

368 486 118 0.02%
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The drilling program and geological studies at the Aurora project are being supervised by Dr. Richard Nielsen and Murray Lytle, Vena's Qualified Person as defined by NI 43-101. Core samples are cut with a diamond saw, with one-half of the core placed in sealed bags, and shipped to Act-Labs Assay Labs in Lima, Peru. The program includes an extensive quality control program for assaying which includes the systematic use of standards, blanks, and field duplicate samples. Secondary laboratories are also used for check assaying.

The average grade reported for the entire 417 meter segment assayed is 0.34% Cu. The graph below depicts that the "belly" of grade is in the middle of the hole. %Cu by downhole depth (m).

To view the graph, please click on the following link:

http://www.ccnmatthews.com/docs/vem1020.pdf

About Vena Resources Inc.

Vena Resources is dedicated to building capital appreciation and creating long term shareholder value by developing the mineral resources and social welfare of Peru. Vena Resources commitment will be demonstrated by deploying its financial resources to aggressively acquire and advance high quality people and assets throughout the country. We seek Safe Harbor.

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.

Shares Outstanding: 42,612,894
Fully-Diluted: 52,251,584

The TSX Venture Exchange does not accept the responsibility for the adequacy or accuracy of this release.

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