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Duran Ventures Provides Update on Exploration Program at Panteria Copper GoldProject

(Toronto, Ontario November 4, 2014) Duran Ventures Inc. (TSXV: DRV; BVL: DRV) (Duran or theCompany) is pleased to provide an update on its 100% owned Panteria Cu-Mo-Au-Ag porphyry project located210 kilometres southeast of the city of Lima, in the Huancavelica Department of the Republic of Peru. The Panteriaproject comprises 7,200 hectares in 15 mineral concessions. Surface exploration during the summer of 2014 hasresulted in expanding the porphyry target at the Panteria Zone and the discovery of two new zones located 1.2kilometres south and 4.5 kilometres east of the main Panteria Zone.

The Company completed an extensive geological mapping and sampling program comprising of 1008 rock samplesalong with an extensive geological and geophysical program that resulted in the identification of the three

prospective zones. The main Panteria Zone suggests that the covered porphyry exists beneath a well definedlithocap.

During 2014, the first ever induced polarization (IP) survey, coupled with conceptual geological modeling, confirmedand amplified porphyry targets on the main Panteria Zone. Geophysics has highlighted a strong chargeability (>44mV/V) anomaly surrounding a resistivity and magnetic high that is located more than 500 meters from the historicdrilling. This geophysical anomaly is greater than 800 metres in width and shows a classic porphyry style geophysicalIP signature with corresponding magnetic high. The high chargeability response reflects a pyrite shell exposed inlower elevations. The target now requires drilling to determine the level of the porphyry.

The 2014 exploration program resulted in the definition of two new zones. One zone, the Kiosko Zone, is located

1,200 metres south-southeast of the historic drilling and shows a broad structurally controlled geochemical anomalywith dimensions of 1,800 metres by 500 metres located 1,200 metres south-southeast of the historic drilling.Sampling and mapping suggests the presence of an east-west fractured mineralizing hydrothermal system showingelevated gold, silver, and molybdenum. In total, 123 samples were taken from this zone where 19 samples rangebetween 0.1 and 1.075 g/t Au averaging 0.231 g/t Au.

The second zone, the Ronaldo Zone, was discovered this year while prospecting creeks and is located 4.5 kilometreseast of the main Panteria Zone. Follow up sampling and mapping encountered gold and silver mineralization in a highsulphidation lithocap that is hosted in shallow dipping volcanics at higher elevations. At lower elevations, creeksexpose hydrothermal breccias and quartz-pyrite-pyrrhotite-magnetite stockwork with locally anomalous gold values.

Similar to the Panteria Zone, outcropping, advanced argillic altered volcanic rocks at the Ronaldo Zone includetourmaline and dumortierite that stratigraphically overly the breccias.

Detailed mapping was completed over a part of the high sulphidation mineralization at the Ronaldo zone and 259rock samples were collected in an area measuring 1 X 2 kilometers. Of the 259 samples, 8 samples returned assayvalues between 1.07 and 4 g/t Au with an average of 1.76 g/t, 19 returned values between 0.51 and 0.995 g/t Auwith an average of 0.732 g/t, and 27 assayed between 0.113 and 0.475 g/t Au with an average of 0.239 g/t. Silverassay results are also encouraging. Of the 259 samples, 13 samples assayed between 31 g/t Ag and 490 g/t Ag withan average of 93.98 g/t, 11 samples assayed between 16.3 g/t and 29.4 g/t Ag with an average of 22.25 g/t, 19samples assayed between 5.4 g/t Ag and 14.4 g/t Ag with an average of 10.06 g/t, and 18 samples assayed between

2.5 g/t and 5 g/t silver with an average of 3.63 g/t. Eleven of the 259 samples analyzed between 110 ppm Mo and

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802 ppm Mo with an average of 272 ppm. A broad colour anomaly is present over the area with approximatedimensions of 14 square kilometres that requires follow up exploration.

Quality Control and Assays

Sample collection in the field was accompanied by industry standard documentation including sample location, type,width, and description. All samples were delivered to Inspectorate Services SAC in Lima, Peru by geologists oremployees of Duran Ventures. Inspectorate is an ISO certified laboratory. At Inspectorate, the samples were crushed,pulverized, split, and assayed for gold by fire-assay with atomic absorption finish and 44-element aqua regiadigestion ICP emission spectrometry or 44-element four acid digestion ICP emission spectrometry. Samplescontaining greater than 200 parts per million silver were reanalyzed with an atomic absorption finish. A secondarylaboratory will be used for check assays.

Further detailed geological explanations and maps can be viewed on Duran's website located at:http://www.duranventuresinc.com/panteria.php. Ryan Grywul, P.Geo., and a qualified person as defined in NationalInstrument 43-101, is responsible for all technical information contained in this news release.

About Duran

Duran Ventures Inc. is a Canadian exploration company focused on the exploration and development of porphyrycopper, precious metal, and polymetallic deposits in Peru.

Duran Ventures Inc. is a Canadian resource com pany l is ted on theTSX Venture Exchang e and the Bolsa de Valores de Lima: Symbol DRV

For addition al inform ation, contac t: Jeffrey Reeder Tel: (647) 302-3290Websi te : www .duranventures inc.com Email: info@duranventuresinc.com

Neither the TSX Ventu re Exchange no r its Regulation Services Prov ider (as that term is d efined in thepol ic ies of the TSX Venture Exchange) accepts r espons ib i l i ty for th e adequacy o r accuracy o f th is

release.

Disclosure Regarding Forward-Looking S tatements : This press release contains certain Forward -LookingStatements within the meaning of applicable securities legislation. We use words such as might, will,should, anticipate, plan, expect, believe, estimate, forecast and similar terminology to identify forwardlooking statements and forward-looking information. Such statements and information are based onassumptions, estimates, opinions and analysis made by management in light of its experience, current conditionsand its expectations of future developments as well as other factors which it believes to be reasonable andrelevant. Forward-looking statements and information involve known and unknown risks, uncertainties and otherfactors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and information and accordingly, readers should not place undue reliance on suchstatements and information. Risks and uncertainties are more fully described in our annual and quarterlyManagements Discussion and Analysis and in oth er filings made by us with Canadian securities regulatoryauthorities and available at www.sedar.com. While the Company believes that the expectations expressed bysuch forward-looking statements and forward-looking information and the assumptions, estimates, opinions andanalysis underlying such expectations are reasonable, there can be no assurance that they will prove to becorrect. In evaluating forward-looking statements and information, readers should carefully consider the variousfactors which could cause actual results or events to differ materially from those expressed or implied in theforward looking statements and forward-looking information.

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