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DURAN SIGNS LETTER OF INTENT FOR THE SALE OF THE DON PANCHO PROPERTY IN PERU; PROVIDES UPDATE ON AGUILA NORTE PROCESSING PLANT

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Duran Ventures Inc. (TSXV: DRV; BVL: DRV) ('Duran' or the 'Company') is pleased to announce that it has entered into a letter of intent ('LOI') to sell the Company's Don Pancho polymetallic silver-lead-zinc project ('Don Pancho' or the 'Project') located in the Department of Lima, Peru, to Tartisan Resources Corp. ('Tartisan') for cash consideration of $50,000 CDN and 500,000 shares of Tartisan. Duran will also receive an additional 500,000 shares of Tartisan as certain Project milestones are achieved by Tartisan, and will retain a 2% Net Smelter Royalty ('NSR') in the Project of which 1% can be purchased by Tartisan for $500,000 CDN. The parties intend to replace the LOI with a definitive...

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