TORONTO, CANADA – June 1, 2010 – Duran Ventures Inc. (“Duran” or the “Company”) (TSX-V: DRV) is

pleased to provide an update on exploration activities at the Company’s Ichuña Project, which covers 1,000

hectares and is located 120 kilometres northeast of Arequipa, in the Department of Moquegua in Southern

Peru. Results have been received from the Company’s second field campaign, which consisted of 1:5000

scale geological mapping and the collection of 148 chip and panel samples. Ichuña is located some three

kilometres from the Canahuire Project of Gold Fields Limited (“Gold Fields”) and Compañia de Minas

Buenaventura S.A.A. (“Buenaventura”), for which these companies have recently published a mineral

resource estimate of 83.7 million tonnes of 1.9 grams of gold per tonne and 8.2 grams of silver per tonne, for

an inferred resource of 5.6 million ounces of gold (calculated as a gold equivalent).

The Ichuña property is underlain by sedimentary and volcanic units which are cut by intermediate porphyritic

intrusive bodies. Company geologists have so far defined seven mineralized zones on the property with a

variety of styles of mineralization related to intrusive events. These include porphyritic intrusive bodies

displaying evidence of supergene copper enrichment, skarn zones at the contacts between intrusive and

carbonate-rich sedimentary rock, and altered stockwork zones in intrusive, volcanic, and sedimentary units.

The evidence points to a widespread, well-mineralized hydrothermal system related to intrusive activity, with

anomalous copper, silver, lead, zinc, arsenic, barium, antimony, and manganese. The mineralized areas

cover an area larger than 1.0 x 2.5 kilometres.

Samples were collected as 0.5 to 3.0-metre rock chips and channel samples, as well as panel samples

ranging from 0.5 x 1.0-metre to 3.0 x 3.0-metre areas. Silver values ranged as high as 1,645 g Ag/T (47.9

troy oz/ton), with 16 of 148 samples assaying over 100.0 g Ag/T and 41 of 148 samples assaying greater

than 10.0 g Ag/T. 32 of 148 samples had copper values of greater than 1.0%, with values as high as 6.95%.

59 of 148 samples had copper values greater than 0.1%, showing very widespread anomalous copper

values. Lead and zinc values were elevated as well, with 32 of 148 samples assaying over 0.1% lead, with

high values of 5.0% lead. 31 of 148 samples assayed greater than 0.1% zinc, with 5 samples returning over

1% zinc. A table of sample highlights follows, and maps showing copper and silver geochemical anomalies

are shown below.

The Company is very pleased with these sampling results, and intends to aggressively advance the Ichuña

Project to a drill-ready status. The continued exploration success at the neighboring Canahuire Project of

Gold Fields and Buenaventura, and Duran’s encouraging sample results at Ichuña, point to the emergence

of an important new mineralized district in Moquegua.

561 Chip 4 3.05 6.0

580 Panel 3x1 5.37 47.4

586 Panel 2x1 1.95 32.6

596 Panel 2x1 1.12 44.7

609 Panel 2x2 1.30 562.0

618 Channel 3 0.59 6.6

626 Chip 3 1.70 22.5

628 Chip 2.5 3.19 27.2

630 Chip 3 1.23 38.3

634 Chip 3 2.49 63.9

635 Chip 3 2.58 60.5

636 Panel 3x2 0.90 21.1

641 Panel 2X2 0.49 167.0

643 Panel 1x1 0.40 237.0

644 Panel 1x1 0.85 1645.0

652 Panel 1x1 2.45 227.0

653 Panel 1x1 1.25 17.5

654 Panel 1x1 1.87 9.8

655 Panel 1x1 0.92 5.0

656 Channel 3 1.18 9.7

657 Channel 3 1.75 16.3

658 Channel 3 3.07 83.0

659 Channel 3 6.95 131.0

660 Channel 3 6.11 320.0

661 Channel 3 2.13 25.6

662 Channel 3 4.81 53.1

663 Channel 3 4.92 62.2

683 Panel 3x3 1.13 3.0

684 Panel 3x3 1.69 12.5

686 Panel 3x3 3.16 18.8

687 Panel 3x3 6.33 23.2

688 Panel 3x3 1.19 8.2

689 Panel 3x3 0.64 3.3

692 Channel 1 1.53 211.0

694 Channel 1 0.10 21.6

696 Panel 2x2 0.72 170.0

698 Channel 2 1.98 30.9

699 Channel 1 0.63 43.7

700 Panel 1X1 2.54 64.6

701 Channel 1 0.50 534.0

702 Panel 1X1 0.52 335.0

706 Channel 1 3.31 155.0

707 Channel 1 3.86 159.0

708 Panel 1X1 2.21 100.0

All samples are prepared and analyzed at ALS Chemex in Lima (a certified laboratory). Analysis for gold is

by fire assay with atomic absorption finish. Other elements are analyzed using a multi-element ICP analysis;

elements assaying over-limits with the ICP procedure are re-analyzed using atomic absorption. The

company maintains secure care and custody of samples.

Duran Ventures has completed the contractual obligation of investing a minimum of $US 100,000.00 in the

Double Jack Mines Limited (“Double Jack”) properties prior to May 31