DRV Duran Ventures Inc.

Duran Ventures Inc. (TSX VENTURE:DRV)(BVL:DRV) ("Duran" or the "Company") is
pleased to announce that it has signed a Definitive Agreement ("the Agreement")
with a well-funded private Peruvian mining company (the "Optionee") to earn a
70% interest in the Company's Don Pancho Polymetallic Silver-Lead-Zinc Project
(the "Project") located in the Department of Lima, Peru for total cash
consideration of US$2,030,000. The Company previously announced that it had
entered into a Letter of Intent ("LOI") with the Optionee in a press release
dated August 15, 2012.


Under the terms of the Agreement the Optionee has the following option payment
obligations to Duran:




1.  US$250,000 upon signing the Agreement;
2.  US$750,000 eighteen (18) months after signing the Agreement; and
3.  US$1,000,000 to exercise the Optionee's purchase option to acquire 70%
    of the Project no later than forty-two (42) months after signing the
    Agreement.



The Optionee paid Duran US$30,000 upon signing the LOI in August, 2012.

In addition, the Optionee has the following exploration obligations:



1.  Undertake a diamond drill program of at least 3,000 metres on the
    Project during the first eighteen (18) months after signing the
    Agreement; 
2.  Incur exploration costs of at least US$3,500,000, including the diamond
    drill program, on the Project during the first thirty-six (36) months
    after signing the Agreement; and 
3.  Undertake to commence an economic study on the Project within thirty-six
    (36) months of signing the Agreement.



The Don Pancho project covers an area of 800 hectares and is located nine
kilometres west of the historical Santander silver-lead-zinc mine currently
being developed by Trevali Resources Corp. Mapping and sampling shows the
silver-lead-zinc mineralization is associated with an extensive breccia zone.


Duran is a Canadian exploration company focused on the exploration and
development of porphyry copper, precious metal, and polymetallic deposits in
Peru. 


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


Disclosure Regarding Forward-Looking Statements: This press release contains
certain "Forward-Looking Statements" within the meaning of applicable securities
legislation. We use words such as "might", "will", "should", "anticipate",
"plan", "expect", "believe", "estimate", "forecast" and similar terminology to
identify forward looking statements and forward-looking information. Such
statements and information are based on assumptions, estimates, opinions and
analysis made by management in light of its experience, current conditions and
its expectations of future developments as well as other factors which it
believes to be reasonable and relevant. Forward-looking statements and
information involve known and unknown risks, uncertainties and other factors
that may cause our actual results to differ materially from those expressed or
implied in the forward-looking statements and information and accordingly,
readers should not place undue reliance on such statements and information.
Risks and uncertainties that may cause actual results to vary include but are
not limited to the speculative nature of mineral exploration and development,
including the uncertainty of resource estimates; operational and technical
difficulties; the availability to the Company of suitable financing
alternatives; fluctuations in copper and molybdenum and other commodity prices;
changes to and compliance with applicable laws and regulations, including
environmental laws and obtaining requisite permits; political, economic and
other risks arising from our Peruvian activities; fluctuations in foreign
exchange rates; as well as other risks and uncertainties which are more fully
described in our annual and quarterly Management's Discussion and Analysis and
in other filings made by us with Canadian securities regulatory authorities and
available at www.sedar.com. While the Company believes that the expectations
expressed by such forward-looking statements and forward-looking information and
the assumptions, estimates, opinions and analysis underlying such expectations
are reasonable, there can be no assurance that they will prove to be correct. In
evaluating forward-looking statements and information, readers should carefully
consider the various factors which could cause actual results or events to
differ materially from those expressed or implied in the forward looking
statements and forward-looking information.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Duran Ventures Inc.
Jeffrey Reeder
(416) 867-1591
info@duranventuresinc.com
www.duranventuresinc.com

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