Ventana Gold Corp.

Ventana Gold Corp.

February 27, 2008 13:59 ET

Ventana Enters Into Loan Agreement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 27, 2008) - Ventana Gold Corp. ("Ventana" or the "Company") announces it has entered into a loan agreement for US$750,000 of which US$500,000 was used to pay an option agreement payment in connection with the La Bodega property. The balance will be used for working capital. The lender is a private company controlled by a Director of the Company. The loan bears an interest rate of 18% per annum, with an expiry date of January 31, 2009 or upon completion of an equity financing of not less than $2,000,000. As further consideration, the Company will issue to the lender, share purchase warrants once the Company's shares are listed for trading on a stock exchange.

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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