Ventana Announces Additional Drill Results at La Mascota-50m of 6.25g/t Gold Intercepted

VANCOUVER, BRITISH COLUMBIA–(Marketwire – June 17, 2010) – Ventana Gold Corp. (TSX:VEN) (“Ventana” or “the Company) is pleased to announce drill results from 19 additional holes on the La Mascota zone, part of the La Bodega gold project in Colombia.

Fifteen of the new holes were infill holes in the main La Mascota zone (holes 201, 205, 208, 211, 212, 213, 216, 218, 220, 221, 226, 227, 233, 235 and 239) and four were step-out holes drilled on the El Cuatro property (holes 214, 219, 228 and 238). Refer to the attached map and cross sections for details. Click here to view: http://media3.marketwire.com/docs/ven617maps.pdf.

Infill drilling at La Mascota continues to return excellent results, with hole 239 on section 9475E returning a 50 metre intercept grading 6.25 grams per tonne gold and 29.75 grams per tonne silver, and hole 233 on section 9750E returning an 11 metre intercept grading 13.98 grams per tonne gold and 107.17 grams per tonne silver.

Drilling continues to indicate that the La Mascota mineralization extends at depth. In hole 216 on Section 9300E, three intervals of mineralization were intercepted from a depth of 402 to 561 metres that included 20.7 metres at 5.52 grams per tonne gold and 17.07 grams per tonne silver, 36 metres at 3.14 grams per tonne gold and 54.5 grams per tonne silver, and 56 metres at 3.6 grams per tonne gold and 16.3 grams per tonne silver.

Step-out drill results onto the El Cuatro tenements are starting to indicate the presence of more porphyry style mineralization typified by increasing base metals values. Hole 238 on section 8800E intercepted 5 metres at 4.9% copper along with 222.9 grams per tonne silver and 5.49 grams per tonne gold within a section of 76 metres grading 1.31 grams per tonne gold, 33.88 grams per tonne silver and 0.51% copper. The previously reported hole 187 on the same section intercepted 0.41% copper over 31 metres.

Ventana currently has nine drills conducting exploration at the La Bodega project. The Company plans to increase its current rate of exploration with additional drill rigs assigned to the recently acquired La Baja tenement area once the mineral title transfer is completed.

These reports, dated June 14, 2008, are posted on Ventana’s website at www.ventanagold.com.