Ventana Gold Corp.

Ventana Gold Corp.

February 04, 2010 09:00 ET

Ventana Appoints Blair Way as Vice President Project Development

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 4, 2010) - Ventana Gold Corp. (TSX:VEN) ("Ventana" or "the Company") has appointed Blair Way to the position of Vice President Project Development, effective immediately.

Blair has more than 24 years of international experience with construction projects throughout Australasia, North America and the United Kingdom. He was most recently President and Project Director for OceanaGold in the Philippines. Prior to that he was Project Manager with Hatch Associates in Brisbane, where he supported various mining and metal related projects in Australia, South Africa, China, Papua New Guinea and South East Asia. Earlier in his career, Blair served as a Project Director on major projects for BHP Billiton (QNI Pty Ltd) in Townsville, Queensland, where he oversaw the implementation of sizeable improvement projects from pre-feasibility through to commissioning.

Blair will be responsible for leading Ventana's mining projects through feasibility to design, construction and into operation. He holds a Bachelor of Science (Petroleum Geology) from Acadia University in Nova Scotia, Canada and a Masters of Business Administration from the University of Queensland, Australia.

Ventana President and CEO Steve Orr said: "This appointment is a valuable addition to Ventana's management team, as we continue our aggressive growth strategy and move towards feasibility at the La Bodega project in Colombia."

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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