Ventana Gold Corp.
TSX : VEN

Ventana Gold Corp.

February 26, 2009 17:49 ET

Ventana Announces Additional La Bodega Drill Results-36.00 metres of 13.34 g/t Au

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 26, 2009) - Ventana Gold Corp. (TSX:VEN) ("Ventana" or the "Company") is pleased to provide drill results from holes 78 through 85 on its flagship, 185-hectare La Bodega property, part of its ongoing gold exploration program in the California-Vetas gold mining district located in northeast Colombia. Of particular note are the results of drill holes 82 and 85, step-out holes which have extended the La Mascota mineralization an additional 100 metres to the southwest, intercepting 3.41 grams per tonne gold over 24.00 metres and 13.34 grams per tonne gold over 36.00 metres respectively. The La Mascota zone has now been tested over 500 metres of strike length and 100 metres down-dip, remaining open for expansion in all directions.

Ventana has drilled 105 core holes totalling 25,457 metres at the La Bodega property through the end of 2008. As announced on February 23, 2009, Ventana has begun a new 2009 drill program to further test strike and dip extensions of the La Mascota mineralization. Two drills have arrived at the project site and will commence drilling in the next few days.

Gold assay results with completed QA/QC verification have been compiled through drill hole 85. Select drill hole intercepts from holes 78 through 85 are reported below:



------------------------------------------------------------------------
FROM TO INTERVAL Au
DRILL HOLE NO. (metres) (metres) (metres) (grams/tonne)
------------------------------------------------------------------------
La Bodega Zone
------------------------------------------------------------------------
DDH-08-LB-078 41.00 53.00 12.00 1.69
and 58.30 74.00 14.70 1.96
------------------------------------------------------------------------
DDH-08-LB-081 0.00 29.00 29.00 0.92
and 35.00 46.50 11.50 1.89
------------------------------------------------------------------------
DDH-08-LB-084 178.00 191.00 13.00 2.03
------------------------------------------------------------------------
La Mascota Zone
------------------------------------------------------------------------
DDH-08-LB-080 181.00 198.00 17.00 1.86
and 202.00 224.00 22.00 6.53
and 238.00 276.00 38.00 4.39
------------------------------------------------------------------------
DDH-08-LB-082 122.00 146.00 24.00 3.41
------------------------------------------------------------------------
DDH-08-LB-085 129.00 134.00 5.00 5.22
and 149.00 185.00 36.00 13.34
------------------------------------------------------------------------

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 with true widths ranging between
60%-100% of the reported down-hole lengths.


A drill hole location map and a complete listing of drill intercepts from the first 85 holes are available at www.ventanagold.com.

Gold mineralization at the La Bodega property is hosted within the same broad, northeast-trending fault zone as the adjacent Angostura deposit of Greystar Resources, which contains a National Instrument 43-101 compliant measured and indicated resource of 11.5 million ounces as announced by Greystar in December, 2008. Mineralization at La Bodega principally occurs as a series of north-northwest-dipping, parallel-sheeted vein zones, breccias and mineralized faults situated within an envelope of pervasively phyllic altered and variably silicified gneiss and intrusive rocks.

Core drilling by Ventana to date has concentrated on testing a 950-metre strike length extending southwest from the property line shared with Greystar Resources. The first 350 metres comprises the La Bodega zone, hosting the namesake La Bodega artisanal mine. The next 200 metres comprises the La Rosa zone, where steep topography has severely limited drill access. The few holes drilled in the La Rosa zone have provided mixed results to date and it remains uncertain whether this may be a fault block which has offset the main mineralized structure or is a more weakly mineralized segment. The next 500 metres beyond La Rosa comprises the La Mascota zone, which remains open to the southwest. An additional zone, Las Mercedes, is a relatively new target area situated 400 metres to the south of the La Bodega zone. Initial scout drill holes at Las Mercedes have intercepted encouraging gold mineralization but more drilling is required to define the geometry and extent of this mineralization.

La Bodega Zone

Drill results to date have shown the La Bodega zone to contain intersections of potentially ore grade material over composite true widths of 60 to 150 metres along a 350 metre strike length and to depths of at least 300 meters, remaining open at depth. A high-grade zone in the footwall of the main mineralized structure was discovered last year and has been traced over a 150 metre strike length where it appears to merge into the main structure to the northeast and remains open to the southwest. The drill holes reported upon here (DDH-08-LB-78, 79 ,81 and 84) were all drilled from two sites located in the footwall area to test the northeast extension of the previously noted high-grade zone. These holes did not intercept the high-grade zone as other holes have shown that it curves to the north, passing just to the north of these drill sites. They did, however, intercept a series of previously unknown lower grade structures indicating potential to expand footwall bulk mineralization.

La Mascota Zone

The La Mascota zone has been shown to contain narrower, though generally higher-grade intersections of potentially ore grade material than that observed in the La Bodega zone, with estimated true composite widths ranging from 20 to 80 meters. The drill holes reported upon here include DDH-08-LB-080 which extended the mineralization encountered in drill hole 73 (14.6m of 7.46 g/t Au and 15.5m of 3.86 g/t Au - see news release dated February 5, 2009) down-dip an additional 90 metres. Drill holes DDH-08-LB-82 and 85 were step-out holes which extended the La Mascota zone an additional 100 metres to the southwest. They tested the mineralized zone to a depth of 100 metres at that location. La Mascota remains open to expansion in all directions.

REVIEW BY QUALIFIED PERSON, QUALITY CONTROL AND REPORTS

The results of the company's drilling program have been reviewed, verified and compiled by VP of Exploration, Jon Lehmann, L.P.G., a qualified person for the purpose of 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.

The company utilizes a rigorous QA/QC program with respect to sampling procedures including chain-of-custody tracking of core until shipment to the analytical laboratory. Core is sawn in half with one half shipped to an independent prep lab and samples shipped for analysis to ACME Analytical Laboratories Ltd., an ISO 9001:2000 and ISO 17025 certified laboratory in Vancouver, B.C. The remainder of the core is stored in a secured storage facility for future assay verification. Blanks, duplicates and certified reference standards are inserted into the sample stream to monitor laboratory performance and mineralized intervals are re-assayed at Inspectorate America Corp. analytical laboratory in Sparks, Nevada.

Independent NI 43-101 Technical Reports were prepared by EurGeol Miller O'Prey, PGeo, for the La Bodega project and the nearby California-Vetas project to provide a review of the exploration activities that have occurred on the projects. These reports are dated June 14, 2008 and are posted on the company's web site at www.ventanagold.com. Ventana plans to complete a NI 43-101 mineral resource estimate in 2009.

ABOUT VENTANA GOLD CORP. - Ventana holds rights to 4,518 hectares of exploration property in the California-Vetas gold district in Colombia, of which 3,710 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.

FORWARD-LOOKING STATEMENTS

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.

For additional information please go to www.ventanagold.com.

On behalf of the Board of Directors of Ventana,

Donald B. Clark, President and Director

FORWARD LOOKING STATEMENTS

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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