Company Information for Vena Resources Inc

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TSX.V; VEM View full financial data

Company Statement

Vena Resources is dedicated to exploring and developing mineral properties in Peru. The Company has entered into joint venture and purchase options on a number of prospective properties, and is currently aggressively exploring and developing four of them: Aucapampa, Las Princesas, Azulcocha and Aurora.  In addition to the foregoing properties, Vena also has a major Uranium initiative underway.

Vena Resources acquisitions of properties in Peru heralds the Company's belief in the country's rich mineralization potential. With the in-country expertise of Vena's key management personnel, Vena is strongly positioned to maximize its relationships on the ground and the potential mineral harvest beneath it. Vena intends to exploit our considerable in-country advantage to advance our project generation program and acquire further quality exploration projects in Peru.

At Vena Resources, our goal is to take a long-term and responsible approach to finding, mining and processing minerals. To accomplish this, we are implementing a strategy of focusing on high quality, long life and cost effective mining operations and to invest in them throughout their lives so that they continue to generate profit for our shareholders.

Current Operations

Vena Resources is a Canadian mining exploration company dedicated to exploring and developing mineral properties in Peru. The Company has become involved in a number of prospective properties, and is currently aggressively exploring several properties. Vena Resources takes a long-term and responsible approach to finding, mining and processing minerals. To accomplish this, Vena is implementing a strategy of focusing on high quality, and cost effective mining operations that will generate profits for our shareholders.

Vena Resources is divided into four distinct business units – Mining Division, Uranium Division, Precious Metals Division and Base Metals Division. Mining and drilling is currently underway at Azulcocha in order to confirm a historic resource of 3.2 million tonnes of zinc, manganese and lead mineralization. In September, drilling commenced at the Azulcocha West Joint Venture with Glencore and also at Pucara, a poly-metallic project. The Aurora base metals property will likely have a fast tracked exploration and drilling program beginning in the next few months.

Vena recently signed a binding agreement with Cameco Corporation to create a jointly owned company to explore and develop Vena’s uranium assets in Peru, in which Vena remains the operator. Approximately 50 drill holes will be drilled in Q4 of 2007 to confirm the extent of this mineralization.

Geographical Spread

Peru

Board of Directors and Key Management

KEY MANAGEMENT

Juan Vegarra, Chairman & CEO

Harry Burgess, Director

Denis Clement

James Fairbairn

Kenneth Grace

Miguel Grau M

Mark Kesselman

Company Address 130 Adelaide Street West Suite 2700 Toronto, ON, Canada, M5H 3P5 Telephone: 416-364-7739 Facsimile: 416-364-5400 Email: info[at]venaresources.com Website: http://www.venaresources.com

Annual General Meeting March

Year End September 30

Related News

18/03/08 - Vena Resources Is Covering All The Bases In Peru
11/07/07 - Vena Resources Beefs Up Its Team for Peru Push

Most Recent Statement

14/04/08 - Vena Resources Advances Esquilache Polymetalic Project in Puno Peru
10/04/08 - Vena Resources Provides Update on Corporate Developments
27/02/08 - Vena Submits Initial NI 43-101 Report on Azulcocha Zinc Project
26/02/08 - Vena Resources Invests in the Clean Coal Business in Peru
25/02/08 - Vena and Cameco Announce Uranium Drill Results in Macusani, Peru
18/02/08 - Vena Resources and Cameco Increase Uranium Exploration Budget in Peru and Provide Update on Uranium Targets in Ixsuya/Lagunillas