Duran Ventures Inc.
TSX VENTURE : DRV

Duran Ventures Inc.

April 30, 2008 12:01 ET

Duran Files Audited Financials and MD&A

TORONTO, ONTARIO--(Marketwire - April 30, 2008) - George A. Brown, CEO of Duran Ventures Inc. (TSX VENTURE:DRV), is pleased to announce that the audited financial statements for the year ended December 31, 2007 with comparatives for 2006 have been filed on SEDAR along with the Management's Discussion and Analysis for the year ended December 31, 2007.

Highlights include:

-$3,434,430 working capital including cash of $3,361,333 at December 31, 2007

-$475,750 additional working capital from 1,219,000 warrants and 95,000 options exercised subsequent to year end

-$45,385 additional working capital from 300,000 RPT Uranium shares sold subsequent to year end

-$1,000,000 additional working capital from a Private Placement at $1.00 with no commissions, no discounts, and no finder's fees closed subsequent to year end

-Expenses for 2007 of approximately $28,000 per month to operate a public listed company net of non-cash stock based compensation expenses, exploration expenditure write-offs, and interest income of approximately $5,000 per month

-$1,937,344 in exploration expenditures in the year ended December 31, 2007

-Business Combination agreement signed with MacMillan Gold Corp. to combine 100% of Peru assets into "New" Duran subject to shareholder approval

-Business Combination will also eliminate a potential 5% Net Smelter Royalty on the Peru properties and will provide matching working capital from MacMillan Gold Corp. at the time of the Business Combination excluding the funds from the private placement completed after the Business Combination agreement

The Company is well funded to continue with the exploration plans for 2008 which includes significant drilling in Ancash, Peru at the Aguila Cu-Mo Project and at the Pasacancha Au-Ag-Pb-Zn Project.

Peru drilling progress update: Diamond Drill Hole 6 described in the April 22, 2008 news release with a target depth of 700+ metres was at 558.9 metres at the end of April 27, 2008.

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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