VENTANA APPOINTS RANDY SMALLWOOD TO BOARD OF
DIRECTORS
Vancouver, B.C., November 21, 2008 – Ventana Gold Corp. (TSX: VEN) (“Ventana”
or the “Company”) is pleased to announce the appointment of Randy Smallwood
to the Company’s Board of Directors, effective immediately.
Mr. Smallwood is Executive Vice President of Corporate Development for
Silver Wheaton Corp. He was part of the founding team for Silver Wheaton in
2004, and since 2007 has been primarily focused on growing Silver Wheaton into
the largest pure-silver mining company in the world. Prior to 2007, Mr.
Smallwood was Director of Project Development for both Silver Wheaton and
Goldcorp/Wheaton River Minerals. In this role he was responsible for all project evaluations
through a six-year period of acquisitions and corporate mergers, ultimately
building Goldcorp into the one of the largest gold companies in the world.
Earlier in his career Mr. Smallwood also worked with Homestake Mining Company,
Teck Corp. and Westmin Resources. He holds a geological engineering degree from
the University of British Columbia.
Ventana CEO Richard Warke
said: “Randy’s exceptional track record in the mining industry will be of
great benefit to Ventana as we move our flagship La Bodega project forward. He
has demonstrated exceptional leadership at Silver Wheaton and was instrumental
in leading the rapid growth of that company. We are extremely pleased to
welcome him to the Board and expect his knowledge and experience will
contribute to Ventana’s success.”
In addition to the appointment of Mr. Smallwood to Ventana’s Board,
Mike Clarke is stepping down from the Board. Mr. Clarke has been a Director
since 2007 and the Board thanks him for his contributions to the Company.
ABOUT VENTANA GOLD CORP. – Ventana currently holds
3,895 hectares of exploration property in the California-Vetas gold district in
Colombia, of which 3,611 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.
For additional information
please visit http://www.ventanagold.com/or contact:
Marlo Hamer-Jackson,
Investor Relations Manager
Phone: (604) 687-1717
Fax: (604) 687-1715
On behalf of the Board of
Directors,
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/s/ Richard W. Warke
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Richard W. Warke
Chief Executive Officer
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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.
The TSX does not accept
responsibility for the adequacy or accuracy of this release. For additional
information, contact the Company.
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