Thailand Project Update

ASX Announcement Thursday, 12 May 2016 Ref: /VMS/606/VMS0385

Venture Minerals Limited (ASX code: VMS), would like to update shareholders on its Thali and Pak Yang projects located in the Loei Belt in Northern Thailand. Following various statements made by the Thai government concerning the future of gold mining at Kingsgate's, Chatree Mine, Venture would like to reaffirm to shareholders that both the Company's granted tenure and tenements under application are for base metals and are therefore not impacted by the current government statements made around the future of gold mining in Thailand.

Accordingly, Venture will continue to focus on advancing a number of silver/lead/zinc targets already identified within both the Thali and Pak Yang project areas.

Detailed information on all aspects of Venture Minerals' projects can be found on the Company's website www.ventureminerals.com.au.

Venture Minerals Limited

PO BOX 8234 Subiaco East WA 6008 288 Churchill Avenue Subiaco WA 6008

Telephone: +61 8 9381 4222

Fax: +61 8 9381 4211

ACN 119 678 385

ABN 51 119 678 385