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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (150520)	3/14/2009 1:01:52 PM
From: Goose94	Read Replies (1) \| Respond to of 314136

If we're lucky this be in the ground. Feb 23, '09 Duran Ventures (DRV-V) preliminary regional sampling and assessment work carried out in various areas of Duran's 11,000 hectares of exploration properties over the past few months has been successful in locating several gold, silver and copper showings. Anomalous samples with values as high as 7.8 grams per tonne gold, 191 g silver/t and 9.1 per cent copper were collected in separate samples from various areas of Duran's exploration properties. Seventeen samples returned gold values of over one g gold/t, and 12 samples returned silver values of over 31.1 g silver/t (one troy ounce). Historic small-scale mining in the area produced gold, copper and silver from vein and manto systems in the San Juan, Santa Rosa and Pucapampa mines, all of which fall within Duran's exploration properties. Previously unknown to the company, chalcopyrite-bearing porphyritic intrusive bodies have been found both in the northwest and southeast ends of Duran's exploration properties. One sample from these returned 0.65 per cent copper and 1.9 g gold/t. The company will be continuing to assess these new areas in more detail during 2009 as it continues the regional assessment of its properties. Management is very encouraged by these early stage results indicating the potential for numerous additional precious mineral targets within its large exploration properties. Duran Ventures plans further development work this year in the Aguila and Pasacancha areas to define future drill targets. The work program includes an induced polarization (IP) and magnetic (Mag) geophysical surveys, detailed geological mapping and sampling, and assessment of the mineral potential of the area between Aguila and Pasacancha. Several mineralized intrusive bodies have been found in this area and are in process of being sampled and mapped in detail. Continued diamond drilling is planned in 2009 for the Pasacancha silver-lead-zinc target as well as for new prospects to be identified in the area of the IP and Mag surveys. Duran geologists began a surface channel sampling program over the Aguila East porphyry body in January of this year. The program consists of four parallel samples lines separated by 50 metres distance between lines. To date, only line A (linea A) has been completed since fieldwork was temporarily suspended due to extremely heavy rains this year. This work is expected to resume in March when weather permits. Samples are being collected by cutting a continuous 20-centimetre-wide channel to a depth of five centimetres with a diamond saw, chiselling out the rock in the channel, and quartering the material down to an adequate size for laboratory samples. Most samples were three metres in length. Results will be released after completion of the channel sampling program. Management believes that the Aguila East will develop into a significant secondary target which will expand upon the currently known Aguila Main target with 14 successful drill holes (Jan. 5, '09, news release) and which will merit further development to the drill-testing stage. Duran management remains very optimistic for the potential to locate and define new and significant porphyry and vein or manto-type copper and precious metal targets in what is emerging as a very important mineralized district. It remains committed to developing what it sees as tremendous mineral potential in the Aguila area. Cary Pothorin, PGeo, president of Duran Ventures, is a qualified person as defined in National Policy 43-101, and is responsible for all technical information contained in this news release.