“Company”) is pleased to provide the following corporate update resulting from the Annual and

TORONTO, CANADA – June 30, 2011 – Duran Ventures Inc. (TSX-V: DRV) (“Duran” or the “Company”) is pleased to provide the following corporate update resulting from the Annual and Special Meeting of Shareholders held on June 29, 2011.

The five nominees as proposed by the Company were elected to the board. The directors are Mr. Joseph Del Campo, Mr. John P. Thompson, Mr. J. Todd Bruce, Mr. Steven S Brunelle, and Mr. Jeffrey J. Reeder.

McGovern, Hurley, Cunningham, LLP Chartered Accountants, were re-appointed as auditors for the Company for the ensuing year.

The shareholders approved, with a 91% majority of votes cast at the meeting, a resolution ratifying the shareholder rights plan of the Company, and re-approved the 10% rolling stock option plan of the Company in accordance with the policies of the TSX Venture Exchange.

The Company also announces that a total of 2,510,000 options to purchase common shares of the Company have been granted to directors, officers, employees, and consultants at an exercise price of $0.215 per share, expiring on June 29, 2016. The grant is subject to regulatory approval.

Duran is a Canadian exploration company focused on the exploration and development of porphyry copper, precious metal, and polymetallic deposits in Peru. The Company’s principal project is the Aguila Copper-Molybdenum Porphyry Project located in Northern Peru.

Duran Ventures Inc. is a Canadian resource company listed on the TSX Venture Exchange: Symbol “DRV”

For additional information, contact: Jeffrey Reeder Tel: (416)867-1591 or Dan Hamilton (416) 867-1591

Website: www.duranventuresinc.com Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Disclosure Regarding Forward-Looking Statements: This press release contains certain “Forward-Looking Statements” within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Corporation’s expectations are disclosed in the Corporation’s documents filed from time to time with the TSX Venture Exchange and, among others, the Ontario Securities Commission as well as under the heading “Risk Factors” in the Company’s annual and interim Management Discussion and Analysis.