Duran Reports Pasacancha Hole 4B Results

TORONTO, ON - George A. Brown, CEO, and Cary Pothorin, President, of Duran Ventures Inc. reported on exploration activities at the Pasacancha Silver-Lead-Zinc Target in Ancash, Peru. Conversions from the reported metric units were done using 1 metre equals 3.3 feet rounded to nearest foot and 31.1 grams equals 1 troy ounce rounded to nearest tenth of a troy ounce.
Pasacancha hole 4B was drilled in December 2008 directly to the east at an inclination of minus 65 degrees to a final depth of 377.15 metres. The hole intersected vein and stockwork zones with common sphalerite, galena, argentite, pyrite, and pyrrhotite in phyllic-altered diorite porphyry, then passed through a significant fault zone into weakly altered diorite hornblende porphyry.
33 of 145 core samples from Hole 4B report silver values of over 15.5 g Ag/t (0.5 oz Ag/t), with an individual sample assaying 389 g Ag/t (12.5 oz Ag/t). The above intersections represent measured drill widths. Actual true widths have not yet been determined but are currently thought to be approximately 55% of the measured drilled widths.
The Pasacancha Target, which management view as a potentially bulk mineable target, is interpreted to be an intrusive-hosted Silver-Lead-Zinc vein system which has been displaced to the northeast by a shallow-dipping thrust fault and is thought to be comprised of telescoped mineralization related to the emplacement of the Aguila Copper-Moly porphyry system. The intrusive host of the Pasacancha mineralization is thought to be related to the diorite porphyry bodies of the Aguila Target, located approximately two kilometers to the west of the Pasacancha Target.
Duran is excited at the potential to find additional exploration targets within the area between the Aguila Main Porphyry Target and the Pasacancha Porphyry Target. The company plans to execute an induced-polarization geophysical survey over this zone during the course of 2009. Duran plans to continue advancing the Pasacancha Target, several identified Aguila style targets, as well as new exploration targets on our 11,000 hectares of exploration properties in the district.
The company’s address is 350 Wellington St. W., Suite G19, Toronto, ON M5V 3W9, 416-867-1101, fax: 416-867-1222, email: [email protected].