DRV Duran Ventures Inc.

Duran Ventures Inc. (TSX VENTURES:DRV)(BVL:DRV) ("Duran" or the "Company") is
pleased to announce the initiation of a diamond drilling program at the
Company's 100% owned Aguila Porphyry Copper-Molybdenum Project in Ancash, Peru.
Explo Drilling Peru S.R.L has been contracted and drilling is expected to
commence early in February. 


This phase of drilling will focus in the Aguila central pit area where previous
drilling intersected numerous, significant intersections of copper and
molybdenum. The objective of this drill program is to expand the higher grade
measured and indicated resource previously announced by the Company (See
Company's news release dated March 8th, 2012). The following table summarizes
SRK Consulting (Canada) Inc.'s ("SRK") Inferred and Indicated Resource at the
Aguila Project: 




Mineral Resource Statement(i) for Duran Ventures Inc., Aguila Project, Peru,
 SRK Consulting (Canada) Inc., March 5, 2012                                
                                                                            
----------------------------------------------------------------------------
                             Quantity         Grade         Contained Metal 
                            ------------------------------------------------
                                  000'  Cu %   Mo % CuEq %       Cu       Mo
                                tonnes                      Million  Million
Category                                                        lb.      lb.
----------------------------------------------------------------------------
Open Pit Resources                                                          
Indicated                       27,750  0.61   0.04   0.79    374.5     22.0
Inferred                       299,640  0.26   0.02   0.36  1,743.9    125.5
----------------------------------------------------------------------------
Underground Resources                                                       
Inferred                        55,880  0.32   0.03   0.48    394.2     40.7
----------------------------------------------------------------------------
Total Resources                                                             
Indicated                       27,750  0.61   0.04   0.79    374.5     22.0
Inferred                       355,520  0.27   0.02   0.38  2,138.2    166.2
----------------------------------------------------------------------------



(i) Mineral resources are not mineral reserves and do not have demonstrated
economic viability. All figures have been rounded to reflect the relative
accuracy of the estimates. Open pit mineral resources are reported at a cut-off
grade of 0.22 percent copper equivalent and underground mineral resources are
reported at a cut-off grade of 0.26 percent for copper equivalent. Copper
equivalent grades are based on averaged metallurgical recoveries of 87 percent
copper and 88 percent for molybdenum and metal prices assumptions of US$2.85 per
pound of copper and US$13.85 per pound of molybdenum.


The Company's drill plans are designed to expand the existing Indicated Resource
by infill and adjacent drilling proximal to this core of Indicated Resource. The
drill program is expected to reclassify this adjacent material presently
classified as an Inferred Resource as determined by SRK. Much of the higher
grade intersections in the pit area start at, or are close to surface.


Initially, drilling will test mineralization east of the intercept in AGD-016,
returning from surface 396 metres of 0.69% Cu and 0.042% Mo. Furthermore,
previous drill results north of the SRK indicated resource show numerous high
grade intercepts contained within the surrounding Inferred Resource. Drilling in
this area is expected to upgrade the quality of the resource.


Access to drill sites in this initial phase is considered excellent and weather
will not affect the completion of the drill program. Further drilling on the
extensive Aguila property will be considered after review of results from these
five holes. 


Duran is a Canadian exploration company focused on the exploration and
development of porphyry copper and molybdenum, precious metal, and polymetallic
projects in Peru. The Company's principal project is the Aguila
Copper/Molybdenum Project. Jeffrey Reeder, P. Geo., a qualified person as
defined in National Policy 43-101, 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 and the Bolsa de Valores de Lima: 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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