It was revealed at the meeting that FIVE large companies approached Duran and signed Confidentiality Agreements. In fact, one company offered $100,000 for an exclusive CA, which Jeff Reeder wisely turned down. These companies include: Lundin Mining, Teck Comminco, BHP Billiton, Vale and Minera Inmet (Inmet’s South American division), all multi-billion-market cap companies. Clearly, results to date on the Aguila and the surrounding anomalies, including the Pinoles discovery, have attracted significant attention from very large, powerful companies.

Aguila work to be conducted

A consulting firm has been hired to interpret the geophysics in order to provide the best drill targets on new anomalies immediately surrounding the Aguila. If Duran can drill and prove it has at least one more potentially large porphyry copper deposit it is believed DRV can attract a very large joint venture partner. With five large companies expressing an interested in the Aguila, it is hoped that Duran will be able to negotiate very favourable joint venture terms.

Ichuna (Adjacent to a major gold discovery by Gold Fields and Buenaventura)

Excellent surface results to date (see press release June 1, 2010) will be followed up with geophysics on the Ichuna property with the objective of outlining drill targets for this fall. Gold Fields and Buenaventura have staked ground all around the Ichuna property. The Ichuna has water flowing through its property, while the property next door that contains the discovery does not. A road to the discovery runs through the Ichuna. It is hoped that Buenaventura will have an interest in acquiring the property under a sizable joint venture agreement.

Corongo property

The Corongo property is located northwest of the Aguila open pit and was a past producer of gold and silver. There are numerous high priority targets for gold, silver and copper. The property is under option. The purchaser must spend $1 million dollars over two years, the first $500,000 this year. Work will begin in August.

As a speculative investment Duran ranks head and shoulders above most junior mining companies.

It is all about risk reward

1) The Aguila copper moly deposit has as an ore grade as good or better than many deposits recently sold for hundreds of millions.

2) It has both water and hydro on or very near its property.

3) There is another copper porphyry deposit being developed immediately adjacent to the Aguila by Pinoles, the largest gold and silver producer in Mexico.

4) It has FIVE very large companies that have expressed an interest in their deposit. The chances of the Aguila being acquired by one of these six companies seem quite high.

5) It has a property next to a MAJOR gold discovery. Surface work shows high-grade copper, silver on their property.

6) It has acquired a high quality gold property coveted by Barrick, one of the largest gold companies in the world.

All the above factors significantly reduce the risk while enhancing the potential reward.

Most of the work being done over the next several months will be directed to attract a large JV partner who will spend big bucks to advance one or more of Duran's properties.

Hopefully Jeff will put the AGM presentation on the website sight.