Positive Drill Results At Aquila Target

TORONTO, ON - George A. Brown, CEO, and Cary Pothorin, President, of Duran Ventures reported on exploration activities at the Aguila Cu-Mo Target in Ancash, Peru.
Aguila Hole 14 was collared to the south of section 10100N, and drilled towards the southwest at an inclination of -60 degrees. The hole was drilled to a final depth of 459.6 metres, which is an approximate vertical depth of 398 metres from the collar or 357 metres projected from surface. The first 77.9 metres intersected altered and mineralized wall rock sediments and intrusive breccia, the next 308.45 metres intersected altered and mineralized diorite porphyry intrusive with minor intrusive breccia, and the final 68.9 metres were in altered and mineralized sedimentary rock. Over the entire 455.25 metre assayed interval (from 4.35 to 459.60 metres), the samples returned an average of 0.499% Cu and 0.038% Mo for a copper equivalent of 0.879%. The 259.58 metre interval from 131.12 to 390.70 metres returned 0.652% Cu and 0.041% Mo for a copper equivalent of 1.066%.
The drill pattern completed to date over the Aguila Main Target is spread over an area approximately 200 metres by 400 metres covering the main Aguila intrusive body and some surrounding wall rock. No vertical depth limit has been encountered in the drill holes; strong, consistent copper and molybdenum mineralization has been intersected in the diorite porphyry body to a vertical depth of over 600 metres. Aguila Hole 6 with vertical depth of 626.4 metres projected from drill collar terminated in 5.5 metres of 0.687% Cu and 0.045% Mo for 1.135% Cu Equivalent. Copper and molybdenum mineralization in the altered wallrock near intrusive contacts has proven to be significant, particularly in molybdenum content Aguila Hole 8 intersected 179.9 metres within mineralized sedimentary wallrock of 0.194% Cu and 0.055% Mo for 0.746% Cu Equivalent.
While some lateral limits have been defined by the early stage drilling within the Aguila intrusive, mapping and field reconnaissance work has determined that there is considerable size potential which remains to be tested over the extended Aguila property. As a target, the Aguila porphyry remains open to the east, the south, and north. Related but untested mineralized intrusive bodies occur both in proximity to the main Aguila porphyry, and also on Duran's other regional properties. Recent regional reconnaissance work resulted in the staking of 1,100 additional hectares, bringing Duran's total to 11,000 hectares. The Aguila exploration focus for 2009 will concentrate on defining and advancing new Aguila-style targets to the drill stage.
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].