Diapositiva 1 - PrecisionIR

Board of DirectorsExtensive Mining, Capital Markets and Local KnowledgeJuan Vegarra, Chairman, CEO & Founder - Juan Vegarra is a native of Peru and continues to foster hissignificant base of contacts within both the Peruvian government and the mining industry. Prior to hisappointment as Chairman and CEO of Vena Resources in 2003, Mr. Vegarra enjoyed a successful career as aMicrosoft executive. He was the founder of the Company and manages the overall corporate strategy anddirection. He holds an engineering bachelor degree from the University of Maryland as well as an MBA fromthe University of Washington.Dr. Klaus Zeitler – Klaus Zeitler has been involved in the mining industry for over 30 years. Dr. Zeitler was amanaging director of Metallgesellschaft AG, a German metals conglomerate and in 1986 founded and was adirector and CEO of Metall Mining, later Inmet, a TSX listed company with assets of over $4 billion and basemetal and gold mines in different parts of the world. After having been a director of Teck and Cominco formany years, Dr. Zeitler joined Teck in 1997 as Senior Vice President and had responsibilities for the explorationand development of mines in Peru, Mexico and the USA. Since his retirement in 2002 from Teck Cominco and inaddition to being President, CEO and a director of Amerigo Resources Ltd., Dr. Zeitler is also Chairman and adirector of Candente Copper Corp., a TSX listed company, and of Rio Alto Mining Limited, a TSX VentureExchange listed company. He has been actively involved as a director in various junior base and preciousmetal companies. Dr. Zeitler is a member of the Canadian Institute of Mining and Metallurgy and theProspectors and Developers Association. Dr. Zeitler holds a PhD in economic planning.Miguel Grau M., LLB - Miguel Grau resides in Peru and has been instrumental in the negotiation andimplementation of several internationally viable resource projects, including the Shell-Mobil Camisea NaturalGas project and the Antamina mining project. Mr. Grau was a Director of Antamina until 2005 and chairman ofMinera Milpo 1999 through 2002, one of the largest Peruvian zinc producers. He is also a member of the boardof TSX listed mining companies like Bear Creek Mining and formerly Peru Copper until sold to Chinalco, and isrelated in Peru to companies such as Rio TInto, Xstrata, among others.TSX: VEM | BVL: VEM | Germany: V1RA5

Board of Directors – continuedExtensive Mining, Capital Markets and Local KnowledgeJose Roberto Romaña Letts - Jose Roberto Romaña Letts, a native of Peru has a long history and strong tiesin the mining sector of Peru. His most recent position in the mining industry was as a senior executive forVolcan, one of Peru’s largest mining companies. Mr. de Romaña has a degree in Management and Finance fromSt. Edward’s University in Austin, Texas and has attended numerous courses and seminars locally in Peru. Mr. deRomaña is also a director of a number of successful Peruvian companies involved in a variety of industries,including health, distribution and a manufacturer of equipment for the mining, agriculture and fishingactivities.John Clarke – John Clarke has been Vice President, Business Development with CGX Energy Inc., a TSXV listedexploration company. Prior to joining CGX, Mr. Clarke was Executive Vice President, Corporate as well as beinga director and one of the original founders of Candax Energy Inc., a TSX listed E&P company. Mr. Clarke has over35 years international experience in the energy sector and a broad capital markets background, including eightyears as a Vice President and Senior Oil & Gas Analyst with Deutsche Bank and Octagon Capital Corporation,where he was ranked top North American Oil & Gas Analyst in 2003 and 2004 by Forbes/Starmine. Mr. Clarke hasa Bachelor of Science in Physics from Birmingham University, Birmingham, UK and a Masters in Science fromImperial College, London, UK as well as a Bachelor of Arts in English from the University of Calgary.André Gauthier – André Gauthier has over 33 years of experience in the mining exploration. He is currentlyPresident of Lara Exploration Ltd. and a Director of the Peruvian Mining Society, President of the ForeignInvestment Committee and Director of the SARCC and a founding member and Director of the Canada PeruChamber of Commerce. Mr. Gauthier commenced his career with SOQUEM in 1977 and from 1978 to 1982 wasan Exploration Geologist with Falconbridge Ltd., Exploration Manager with Noramco, from 1989 to 2005 was theInternational Exploration Manager of Cambior Inc. with a focus on the Andes and most recently was thePresident of Inca Pacific Resources Inc. until October 31, 2011. He has a Masters Degree in Mineral Explorationand is an active member of many mining and professional organizations.TSX: VEM | BVL: VEM | Germany: V1RA6

Management TeamSolid Team with Strong Mining ExperienceDavid Bent, General Manager, Peru and Vice President, Exploration – David Bent has over 30 years ofmining experience and extensive knowledge of exploration for base metals, precious metals and uranium inover a dozen countries. Prior to joining Vena Resources, Mr. Bent was Vice President of Exploration for UNORInc. where he was responsible for the uranium exploration program in the Arctic. Mr. Bent worked for manyyears with Noranda where he held numerous senior positions. At Noranda, Mr. Bent played an integral role inthe Real de Angeles (Ag-Zn) discovery which was at one time the second largest Ag producer in the world andthe Antamina (Cu-Zn) mine which is expanding from 70,000 tpd to 120,000 tpd with reserves of over 822million tonnes. He also held senior positions with Newmont Mining and Normany Mining in Peru. Mr. Bentearned his B.Sc. in Geology from Acadia University. He is a member of the Association of ProfessionalGeoscientists of Nova Scotia.Andres Tinajero, CMA, MBA, Vice President, Finance and Chief Financial Officer - Mr. Tinajero hasover 15 years of business experience, having supported a broad range of industries, including mining, not forprofit, manufacturing and retail; establishing a strong accounting and business skill set, transitioning into thepublic sector serving in leadership roles for small and medium sized companies in extractive industries.During this same period, he has served as CFO of a number of start-ups and medium sized Public companiesacross Canada. Currently he serves as Director for Lakeside Minerals. He holds degrees in BusinessAdministration and an MBA, and is also a Member of the Canadian Institute of Certified ManagementAccountants, and currently enrolled in the Director's Program through the University of Toronto.Silvia Dedios, Vice President, Corporate Development – Mrs. Dedios has over 20 years of finance,administration and business experience. Prior to joining Vena Resources, Mrs. Dedios was a senior manager incompanies related to the mining, production and commerce industries in Peru. Mrs. Dedios holds an MBA inbusiness administration and advanced degrees in Finance.TSX: VEM | BVL: VEM | Germany: V1RA7

Management TeamSolid Team with Strong Mining ExperienceMiguel Sanchez, Technical Manager – Mr. Sanchez has over 10 years of mining experience in base andprecious metals with a focus on the design and operation of underground and open pit mines, includingVena’s former Azulcocha zinc mine. Prior to joining Vena, Mr. Sanchez was involved in the development of anumber of mining projects in Peru on behalf of Atacocha Mining, Southern Copper, Buenaventura and PanAmerican Silver in senior positions of responsibility. Mr. Sanchez is a Mining Engineer with a degree fromPontificia Universidad Catolica del Peru.Matthew Husson, Corporate Secretary - Mr. Husson is a lawyer practicing corporate and securities lawwith a focus on the mining industry. He is currently an associate at Irwin Lowy LLP and a member of the LawSociety of Upper Canada. He has experience representing mining issuers in public offerings, privateplacements, mergers and acquisitions, stock exchange listings and he provides advice relating to continuousdisclosure and other regulatory compliance obligations. Mr. Husson obtained a Bachelor of Laws from theUniversity of Alberta and an Honours Bachelor of Arts (Political Science) from McMaster University.Charlotte May, Senior Marketing Manager - Ms. May has over 20 years experience gained in theinstitutional broker industry and the resource sectors. Ms. May provides consulting services to a number ofjunior resource companies in the areas of marketing, corporate secretarial and public companyadministration.TSX: VEM | BVL: VEM | Germany: V1RA8

Esquilache – Ag/AuHistorical High Grade Silver MineTSX: VEM | BVL: VEM | Germany: V1RA9

Esquilache – Ag/AuHistorical Silver Mine• 1,000 ha located in thecentral zone of a largecaldera only 28 kmfrom Chucapaca (7.6mil. oz. Au eq.)• Historical silver minethat produced 400 tpdfrom 1950 through1962 by Hochschild anduntil 1973 by informalminers• Numerous un-mined orpartially mined veins insouthern zone withadit access• Two drill programs and43-101 completedTSX: VEM | BVL: VEM | Germany: V1RA1010

Esquilache – Ag/AuHistorical Silver Mine• Work to date (2009 to 2012) (total ~$1.5 million)• 2,378 surface geochemical samples• 431 underground samples• 31 surface DDH holes (5,710 metres)• Exploration work focused on areas with little previous mining• Only ~60% of the South zone has been tested by wide spaced (200 metres x 200metres) surface geochemical sampling which leaves a majority of the totalproject untested• Sampling has shown economic silver veins are ready for mining close to portalentrances• Significant drill results (true width) include:• 977.0 g/t Ag + 4.88 g/t Au over 2.0 metres• 506.0 g/t Ag over 5.0 metres• 254.5 g/t Ag over 2.0 metres• 348.4 g/t Ag + 1.93 g/t Au over 2.8 metres• 320.9 g/t Ag + 0.95 g/t Au over 2.0 metresTSX: VEM | BVL: VEM | Germany: V1RA1111

Esquilache – Ag/AuIdealized Section of the San Antonio CalderaTSX: VEM | BVL: VEM | Germany: V1RA12

Esquilache – Ag/AuStructures and IntrusivesNorth Zone:Creston TargetSouth Zone:Mamacocha TargetTSX: VEM | BVL: VEM | Germany: V1RA13

Esquilache – Ag/AuHistorical Silver MineResources Certificationby QP (High Quality work)TSX: VEM | BVL: VEM | Germany: V1RASystematic sampling andshort drilling on vein14

Esquilache – Ag/AuPotential Resources / Reserves from old Waste DumpsVictoria B DumpTasks being performed:• Systematic backhoe sampling• Metallurgical tests• Preliminary mining plansAzufrada DumpTSX: VEM | BVL: VEM | Germany: V1RANv.06 Victoria Vein Dump15

TSX: VEM | BVL: VEM | Germany: V1RAEsquilache – Ag/AuNorth Zone – Creston Target – Potential Sepulveda Pit16

Esquilache – Ag/AuNorth Zone – Creston Target – Potential Sepulveda Pit8-11 Oz/t Ag

Esquilache – Ag/AuHistorical Section of Blanca Vein – Underground WorkingsTSX: VEM | BVL: VEM | Germany: V1RALongitudinal Blanca Vein – Creston Target18

Esquilache – Ag/AuSouth Zone – Mamacocha Target – Potential Elvira/Ivet PitMamacocha VeinTSX: VEM | BVL: VEM | Germany: V1RA19

Esquilache – Ag/AuLocal GeologyNorth Zone (Creston)South Zone (Mamacocha)TSX: VEM | BVL: VEM | Germany: V1RA2020

Esquilache – Ag/AuDrill Holes ESH-24, 27 & 30ESH-24-2011 Ivet/Elvira Vein 102.00-124.00 m22 m at 1.93g/t Au, 348.36g/t AgOpen PitModelAg g/tTSX: VEM | BVL: VEM | Germany: V1RAESH-30-2011 Ivet/Elvira Vein 188.15-191.10 m2 m at 0.11g/t Au, 254.50g/t Ag21

Esquilache – Ag/AuSurface SamplingSignificant Results – 132 Samples:• 1,147.00 g/t Ag, 1.40% Cu, 28.05% Pband 16.67% Zn across 3.30 metres• Au: 20 samples > 1 g/t,• 2 samples > 2 g/t,• 3 samples > 5 g/t• Ag: 101 samples > 60 g/t,• 52 samples >120 g/t,• 32 samples > 200 g/t• Pb: 84 samples > 1%,• 50 samples > 2%,• 26 samples > 3%,• Zn: 101 samples > 1%,• 73 samples > 2%,• 41 samples > 3%TSX: VEM | BVL: VEM | Germany: V1RA22

Pucara - Au/CuMina de PlataKaty VeinGladys VeinBuried Porphyry Cu?TSX: VEM | BVL: VEM | Germany: V1RALooking north2323

Pucara – Au/CuProject Overview• 1,662 ha• Located in a major structural corridor• 22 DDH completed to date• Work to date totals $3 million• Previous operator (Miski Mayo)conducted a geophysical survey (IP,ground magnetics) and completedeight DDH holes• Known mineralized vein structureswith base metal values• Significant depth potential on veins +potential porphyry mineralizationTSX: VEM | BVL: VEM | Germany: V1RA2424

Pucara – Au/CuDrill ProgramSignificantundergroundsampleresultsSignificant DDH IntersectionsDRILLHOLE FROM TO WIDTH Au PPM Ag PPM Cu% Pb% Zn% ZonePUC-001-06 13.40 14.35 0.95 1.58

Pucara – Au/CuExploration PlansTSX: VEM | BVL: VEM | Germany: V1RA2626

Granja Nueva – Au/CuNorthern Peru – Next to World Class Deposit – La GranjaTSX: VEM | BVL: VEM | Germany: V1RA3027

Granja Nueva – Au/CuIdealized Geological ModelTSX: VEM | BVL: VEM | Germany: V1RA2828

JR 24 – Epithermal VeinsPucacocha AreaVein SystemTSX: VEM | BVL: VEM | Germany: V1RA29

Masma ProjectRegional ContextTSX: VEM | BVL: VEM | Germany: V1RA30

Azulcocha East – ZnNear Mine ExplorationTSX: VEM | BVL: VEM | Germany: V1RA31

Azulcocha East – ZnNear Mine ExplorationAzulcocha East Significant DDH IntersectionsDDH No. From (m) To (m) Length (m) Zn % Mn %86.45 89 2.55 4.25 6.69B489 92 3.0 7.36 7.9092 96 4.0 9.00 10.5086.45 96 9.6 7.22 8.6773 74 1.0 3.45 7.00B574 78 4.0 11.40 8.1078 80 2.0 9.30 8.0073 80 7.0 9.66 7.9196 98 2.0 6.60 10.00B698 100 2.0 11.50 8.60100 108.5 8.5 9.00 8.6696 108.5 12.5 9.02 8.8687.3 90 2.7 4.90 6.00B790 92 2.0 8.20 7.3092 98 6.0 8.70 7.9087.3 98 10.7 7.65 7.31101 102 1.0 3.20 6.60B8102 103 1.0 3.50 5.50103 104.5 1.5 6.20 7.20101 104.5 3.5 4.57 6.54Lengths included are core lengths - not true widths.TSX: VEM | BVL: VEM | Germany: V1RA32

Uranium Assets15,000 Hectares• 15,000 hectares located in southern Peru• Partner with Cameco Corporation, world’s second largest uraniumproducer with average sales of 31.8 million pounds U 3 0 8• Five drill programs have been undertaken on the Corporation’s uraniumproperties and a 43-101 completedTSX: VEM | BVL: VEM | Germany: V1RA33

Uranium AssetsJoint Venture with CamecoMinergia SAC• Cameco has the option to increase itsownership to 60% by completing afeasibility study and to 70% byinitiating mine development• Future investment in uranium in Peru –including acquisition of additionaluranium interests by either party – willbe made through Minergia• Vena is the operator of the jointventure company in Peru2012 Resource Summary - U308MeasuredIndicatedInferred5,691,588 lb12,525,199 lb17,422,031 lbTSX: VEM | BVL: VEM | Germany: V1RA347

Uranium AssetsMacusani Region – Technical Work Completed• Property - 4,900 hectares• Uranium in ignimbrites• 14,534 metres of DDHscompleted during 2006 to2008• 12,316 metres of DDHscompleted during 2009and 2010• 11,109 metres of DDHscompleted during 2011• 2013 work plans beingdeveloped• NI 43-101 resourceestimate filed on SEDAR.TSX: VEM | BVL: VEM | Germany: V1RA359

Canada: VEM | Peru: VEM | Germany: V1RA | US: VNARFAwards for Social Responsibility and Environmental Leadership36