The Company aquired a group of concessions in the Pucara area of southern Peru.  

The Pucara project has been mined for 12 years by a small miner.  Most recently, Pucara has been explored by CVRD of Brazil, completing 1,600 metres in eight diamond drilled holes.  The mineralization is mainly veins with widths varying from 1 to 5 metres and disseminated structures containing gold and copper.  The principal veins are Santo Tomas and Esperanza; both outcrop for more than two kilometres.  The Gladys disseminated structure located in the center portion of the project outcrops for at least 90 metres by 17 metres, containing chalcopyrite and gold with some galena and sphalerite.  Several structures with disseminated mineralization are also present along the northern boundary of the project.  Vena has retained a Denver based metallurgical consultant to test the oxide mineralized portion of the Gladys structure for a possible flotation recovery scheme.  If successful, this would be followed by a standard flotation recovery system for the sulfide portion of the Gladys mineralized body.

After a review of the property by Vena personnel as well as a consulting geologist, the Company completed a drill program totaling 4,400 metres in 21 targets.  The depth of the holes ranged from 150 and 300 metres.

An extensive underground development program is expected to be undertaken to delineate a resource and to drift along the vein structures and begin engineering studies to possible mine the Gladys pit in the near term.