Vena Resources Inc

5 news results for the tag: Vena Resources Inc.

Vena Resources Updates Exploration and Development Strategy

October 24th, 2008

Vena Resources Inc. provide shareholders with an overview of its exploration and development strategy during these times of world-wide economic concern.
Vena’s current cash position, including committed investments from our partners Cameco and Glencore is close to $9 million dollars. As it is currently unknown when the global economy will rebound, Vena has taken steps to [...]

Vena Resources Completes Phase-One of Uranium Drill Program at Macusani

September 4th, 2008

Vena Resources Inc. announce that the phase one drilling program at Macusani has been completed. This diamond drill program has been completed with 7,583 metres drilled at Tantamaco and 6,215 metres drilled at Nueva Corani for a total of 13,798 metres resulting in 6,755 samples assayed. All assay data is now complete and recorded. Additional [...]

Vena Resources Expands Management Team and Implements Shareholders Rights Plan

September 1st, 2008

Vena Resources Inc. announce that Jose Roberto de Romana Letts has joined the Vena Board of Directors and Silvia Dedios Villaizan has been promoted to Vice President, Corporate Development based in Lima, Peru.
Mr. de Romana Letts is a member of a well known and respected family involved in the mining industry in Peru. He has [...]

Vena Acquires 100% of Coal Company in Peru and Provides Development Plans for Peruvian Anthracite Coal Market

August 13th, 2008

Vena Resources Inc.announces it has now acquired 100% of Sudamericana de Carbon (SDC), a Peruvian company focused on the exploration, development and mining of anthracite coal. As previously announced on February 26, 2008, Vena had entered into an agreement with SDC whereby Vena could earn a 70% interest in SDC by spending US$2.5 million in [...]

Vena Begins Second Phase 8,000 Metre Drill Program at Azulcocha West

July 19th, 2008

Vena Resources Inc. is pleased to announce that the second drill program has commenced at Azulcocha West. An additional 27 drill holes have been designed for a total of 8,000 metres of drilling. Drilling includes targets on the Cantagallo, Recuperada and El Triunfo areas along the southern area of the Azulcocha West property including a [...]