TORONTO, ONTARIO--(MARKET WIRE)--Aug 19, 2008 -- George A. Brown, CEO of Duran Ventures Inc. (CDNX:DRV.V - News), announces that the Company has terminated the property option on the JD Property in the Toodoggone Area in BC. The terms of the property option were as described in an August 28, 2007 news release.

The Company paid $35,000 and issued 200,000 common shares of Duran to the property vendors within 30 days of regulatory approval of the agreement as required. The Company also completed the $100,000 minimum exploration work required in the agreement. The property has been returned to the vendors fully compliant for a minimum of twelve calendar months for the assessment requirements as dictated by the applicable mining laws and regulations

The Company elected not to make the first anniversary option payments of $35,000 in cash and $100,000 in cash or shares and to return the property to the vendors.

The termination decision was based on a Company evaluation of exploration priorities. The Company will focus on the development of the Aguila and Pasacancha Project in Ancash, Peru. The Business Combination as announced in a news release on April 3, 2008 is expected to be completed by the end of September 2008. This will result in Duran owning 100% of the Aguila and Pasacancha Project with the elimination of the currently existing right to a 5% royalty to MacMillan Gold Corp. (CDNX:MMG.V - News).

Duran Ventures Inc. is a Canadian resource company listed on the TSX VENTURE Exchange: Symbol "DRV"

The TSX-V Exchange has not reviewed and accepts no responsibility for the adequacy or accuracy of this release

     Contacts:
     Duran Ventures Inc.
     George A. Brown
     CEO
     (416) 867-1101
     (416) 867-1222 (FAX)
     Email: duranventures@ca.inter.net