TORONTO, ONTARIO--(Marketwired - Apr 23, 2014) -
Duran Ventures Inc. (TSX VENTURE:DRV)(LMA:DRV) ("Duran" or the "Company") is pleased to announce that their partner (the "Optionee") has advised the Company that drilling has commenced on the Don Pancho Polymetallic Silver-Lead-Zinc Project (the "Project") located in the Department of Lima, Perú. The Optionee is a well-funded private Peruvian mining company and has the option to earn a 70% interest in the project for cash consideration of US$2,030,000 (US$280,000 paid to date) and incurring at least US$3,500,000 of exploration costs within the first 36 months of the agreement. To complete the option the Optionee is required to deliver an economic study on the project, after which the project will become a joint venture...
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