Duran Ventures Inc.
TSX VENTURE : DRV

Duran Ventures Inc.

December 11, 2009 10:30 ET

Duran Ventures Begins Exploration Program on Double Jack Properties

TORONTO, ONTARIO--(Marketwire - Dec. 11, 2009) - Duran Ventures Inc. (TSX VENTURE:DRV) is pleased to initiate exploration work on the Double Jack properties, as described in the Company´s news release on September 1st, 2009. Duran will focus initial work on the Panteria Porphyry Copper prospect in Huancavelica, Peru. The Company will begin with surface mapping and sampling to define specific targets on which to focus more detailed work, such as channel sampling, trenching, and possibly geophysics. Hatum Minas' initial sampling programs at Panteria confirmed widespread anomalous copper, gold, and silver over an 800 by 250 metre zone, with local quartz-sulfide stockworks and veining in porphyritic intrusive rocks. Duran will also be evaluating the Ichuña copper-silver and the Matucana polymetallic lead-zinc-silver projects.

Cary Pothorin, President of Duran Ventures, is quoted as saying, "The Double Jack property option is a very positive way for Duran to gain exposure to more of Peru´s excellent mineral potential. Since Panteria has significant potential as a porphyry copper prospect, it fits very well with Duran´s focus on the Aguila Porphyry Copper-Molybdenum project. The Company plans to aggressively pursue this and other suitable opportunities in Peru over the course of the next several years."

All samples will be prepared and analyzed at ALS Chemex in Lima (a certified laboratory) using a four-acid digestion and atomic absorption (AA) method for copper, molybdenum, and silver as well as a multi-element ICP analysis, and a fire assay-atomic absorption finish procedure for gold (FA/AA). The company has a QA/QC protocol in place, including the use of certified standards and secure care and custody of samples.

The Company also wishes to announce that it has received conditional approval from the TSX Venture Exchange for a non-brokered private placement financing of up to $75,000. The financing is to raise up to $75,000 by the issue of up to 500,000 common shares at $0.15 per share. Each share unit purchased in this offering includes a warrant which entitles the holder to purchase an additional common share of Duran at an exercise price of $0.20. The warrants will expire twelve months from the date of issue. The financing also includes a provision for a finder´s fee payable at a rate of up to 10% of gross proceeds from share unit sales or in equivalent common shares at a rate of up to 10% of the number of share units sold. The securities issued in connection with the financing are subject to a four month hold period from the date of issue.

Duran currently has 90,561,612 common shares issued and outstanding.

Duran is a Canadian exploration company focused on the exploration and development of porphyry copper, precious metal, and polymetallic deposits in Peru. Cary Pothorin, P. Geo., President of Duran, is a Qualified Person as defined in National Policy 43-101, and is responsible for all technical information contained in this news release.

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

Disclosure Regarding Forward-Looking Statements: This press release contains certain "Forward-Looking Statements" within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Corporation's expectations are disclosed in the Corporation's documents filed from time to time with the TSX Venture Exchange and, among others, the Ontario Securities Commission as well as under the heading "Risk Factors" in the Company's annual and interim Management Discussion and Analysis.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

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