Ventura Update on Property Agreement at Inmaculada Gold-Silver Project, Peru

SCOTTSDALE, Ariz.--(Business Wire)--
Ventura Gold Corp. ("the Company") (TSX-V: VGO) announces that the Hochschild
Mining PLC, ("Hochschild") back-in right to acquire an additional 11% interest
(for an aggregate 60% interest) in the Inmaculada gold-silver project
("Inmaculada") in Southern Peru, has expired unexercised.

Ventura continues as operator of Inmaculada, with the right to a controlling
interest, having completed all exploration requirements to earn its initial 51%
joint venture interest in Inmaculada, subject only to the issuance of an
additional 400,000 common shares of the Company to Hochschild by February 2010.

Ventura is currently considering its one-time right, expiring after 20 business
days, to elect to acquire an additional 19% interest (for an aggregate 70%
interest) in Inmaculada by solely funding and completing a feasibility study by
January 2013 at 100% cost to the Company.

The detailed terms of the joint venture agreement were outlined in the Company`s
February 12, 2007 news release.

Inmaculada Gold-Silver Resource Estimate

On January 20, 2009, the Company announced a National Instrument ("NI") 43-101
compliant, initial inferred mineral resource estimate of 483,000 ounces of gold
and 16.6 million ounces of silver in the Angela Vein at the Inmaculada Project,
which are contained within an estimated 3.7 million tonnes at an average grade
of 4.0 grams per tonne ("gpt") gold and 139 gpt silver, using a cut-off grade of
3 gpt gold equivalent (using a silver to gold ratio 80:1). The currently defined
Angela Vein mineralized zone has a strike length extending more than 900m,
reaches a depth of over 300m, and remains open at depth and down-plunge to the
northeast. A technical report on Inmaculada was filed on SEDAR on March 6, 2009
and is also available on the Company web site at www.venturagold.com.

The Angela Vein mineral resources are classified in accordance with CIM
guidelines, as required by NI 43-101, by Micon`s Qualified Person B. Terrence
Hennessey (P.Geo.), and the estimate has an effective date of January 5, 2009.
The resources are reported on a 100% project basis.

The Angela Vein is only one of more than seven significant vein systems on the
Inmaculada Project, which are relatively under-explored and crop-out for more
than 25 kilometers. A plan map showing the principal quartz vein targets on the
Property is shown in the Company`s December 3, 2008 news release.

The TSX Venture Exchange neither approves nor disapproves the information
contained in this News Release.

For additional information, contact Eric Edwards, President and Chief Executive
Officer at Tel: 303-357-4862, or Wendy Yang, Investor Relations, at Tel:
303-357-4863. Internet site: www.venturagold.com.

Cautionary Statement:

Some of the statements contained in this release are "forward-looking
statements" within the meaning of Canadian securities law requirements. Such
forward-looking statements involve known and unknown risks, uncertainties and
other factors that may cause our actual results, performance or achievements to
differ materially from the anticipated results, performance or achievements
expressed or implied by such forward-looking statements. Forward looking
statements include the potential of an additional earn-in interest. Factors that
could cause actual results to differ materially from anticipated results include
risks and uncertainties relating to conducting mineral exploration and
feasibility study and the mineral resource estimate. Other risks and
uncertainties are detailed in the Company`s Management Discussion and Analysis
for the year ended March 31, 2008, which is available at www.sedar.com under the
Company`s name. The Company disclaims any intention or obligation to update or
revise any forward-looking statements, whether as a result of new information,
future events or otherwise.

Ventura Gold Corp.
Eric Edwards, 303-357-4862
President and Chief Executive Officer
or
Wendy Yang, 303-357-4863
Investor Relations
www.venturagold.com

Copyright Business Wire 2009