Duran Ventures Inc.

Duran Ventures Inc.

April 28, 2008 14:24 ET

Duran Options New Brunswick Properties

TORONTO, ONTARIO--(Marketwire - April 28, 2008) - George A. Brown, CEO of Duran Ventures Inc. (TSX VENTURE:DRV), is pleased to announce the option of four exploration properties in New Brunswick.

Duran has signed a letter of Intent ("LOI") with Arthur Hamilton, P. Geo. and Lorena Hamilton of Bathurst, New Brunswick to option four properties, subject to regulatory approval. Conditional regulatory approval has been received subject to the issue of this news release.

The Buttermilk Brook Property consists of 36 mineral claims covering 576 hectares. The Joe Brook Property, adjoining the Buttermilk to the west, consists of 16 mineral claims covering 256 hectares. Both are in York County in the Miramichi Highlands of central New Brunswick. The Buttermilk Brook is to the north of and is adjoining to the claims registered to Noront Resources Ltd. which include the Maclean Brook, the Burnthill, and the Tin Hill projects.

The Long Lake Property and the Long Lake West Extension consists of 170 mineral claims in Victoria County in northern New Brunswick.

Management of Duran feel that these exploration properties in eastern Canada have the potential to represent additional long term value for our shareholders.

The four properties were optioned for:

Duran shares as follows:
-50,000 shares of Duran due within 10 days of regulatory approval (issued)
-$50,000 worth of Duran shares on or by each of March 31, 2009 and 2010
-$100,000 worth of Duran shares on or by March 31, 2011

Cash option payments totaling $250,000 as follows:
-$25,000 due on signing (paid)
-$25,000 due within 10 days of regulatory approval (paid)
-$50,000 on or by March 31, 2009
-$60,000 on or by March 31, 2010
-$90,000 on or by March 31, 2011

Cumulative exploration spending of $250,000 as follows:
-$50,000 by March 31, 2009
-$125,000 by March 31, 2010
-$250,000 by March 31, 2011

Completion of the above requirements will earn Duran a 100% interest in the properties subject to a 2% Net Smelter Royalty ("NSR"). The NSR may be reduced by 1% for $250,000 and a further 1/2 % for an additional $250,000.

Duran are the operators and may terminate the agreement at any time by returning the properties in good standing with a minimum of six months of assessment work credits.

Duran Ventures Inc. is a Canadian resource company listed on the TSX-V Exchange: Symbol "DRV".

The TSX-V Exchange has not reviewed and accepts no responsibility for the adequacy or accuracy of this release.

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