26 April 2017 ASX ANNOUNCEMENT Drilling commenced at Biranup o RC and Diamond drilling program underway ASX: VRX o Gold and cobalt targets Capital Structure Ventnor Resources Ltd (Ventnor) (ASX: VRX) is pleased to announce it has commenced a 2,200 metre, 26 hole RC drill and 640 metre, 4 hole diamond drill program at its Biranup Project area, 370 kilometres north-east of Kalgoorlie in Western Australia. Shares on Issue 223 million Unlisted Options 18.38 million Prospects being drilled are: Market Cap @ 1.5¢ a share $3.5 million (fully diluted) Fire Dragon - Two diamond drillholes to test high grade cobalt and silver mineralisation. Cash $1.6M Red Dragon - 14 RC holes are planned over untested historic aircore gold geochem anomalies and two diamond drillholes to follow up previous high grade results. Paul Boyatzis Non-Executive Chairman Corporate Directory Black Dragon – two RC holes are planned to test the intersection in BDRC1026, 5m @ 3.57g/t (announced 16 November 2015) Bruce Maluish Managing Director In addition to this work a 20,000 line metre auger and geochem program will be conducted over the Silver Dragon magnetic feature (announced 13 October 2016) Peter Pawlowitsch Non-Executive Director Drilling commenced last weekend and is expected to take 2 weeks. John Geary Company Secretary Assay results and interpretations should be available 3-4 weeks after drilling. Company Projects Ventnor has a continuing royalty on future production by Sandfire from the Thaduna/Green Dragon Copper Project in the Doolgunna district, WA. Biranup Project adjacent to the Tropicana Gold Mine, WA. Warrawanda Nickel Project south of Newman, WA. The Company is actively assessing other gold and base metal projects in Australia. Project Location A multi-purpose drill rig has been mobilised to site and will undertake both the RC and Diamond drilling. Prospect locations below; Prospect locations Further information: Bruce Maluish Managing Director Ventnor Resources 0418 940 417 Andrew Rowell Cannings Purple arowell@canningspurple.com.au 0400 466 226 Competent Person’s Statement The information in this release that relates to Exploration Results is based on, and fairly represents, information compiled by Mr David Reid who is a Member of the Australian Institute of Geoscientists (MAIG). Mr Reid is a contractor to Ventnor Resources Limited. Mr Reid has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the “2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Reid consents to the inclusion in this report of the matters based on information provided by him and in the form and context in which it appears. About Ventnor Ventnor Resources is a gold and base metals-focused explorer that reached agreement with its JV partner Sandfire Resources NL for Sandfire to acquire 100% ownership of the historic Thaduna/Green Dragon Copper Project, 170 km north of Meekatharra in Western Australia, with Ventnor to maintain a royalty interest. The Thaduna/Green Dragon Project is located 40km east of DeGrussa and represents the largest copper resource in the Doolgunna-Bryah Basin Region outside of Sandfire’s DeGrussa-Doolgunna Project. Ventnor has been granted a tenement (Biranup Project) adjacent to the Tropicana Gold Mine in WA that is prospective for gold and base metals, with prospects identified following an extensive review of historical data. The Company has compiled an extensive database of historic exploration, completed initial drill programs at a number of its prospects, conducted extensive MLEM surveys in the region and undertaking an extensive drill program. Ventnor has pending applications for more ground in the area. Also in Western Australia, 40 km south of Newman, is Ventnor’s Warrawanda Nickel Project, which is prospective for nickel sulphides. Proven Management The Ventnor directors have extensive experience in gold exploration and production and in the management of publicly listed mining and exploration companies. Project Locations