TORONTO, ONTARIO - (Aug. 25, 2008) - George A. Brown, CEO of both Duran Ventures Inc. (TSX VENTURE:DRV) and MacMillan Gold Corp. (TSX VENTURE:MMG), is pleased to provide the following update on exploration activities at the Aguila Cu-Mo Target and the Pasacancha Ag-Au-Pb-Zn Target in Ancash, Peru. Cary Pothorin, P.Geo., President of Minera Aguila de Oro SAC and David Bending, P.Geo., are both Vice Presidents of Duran Ventures and of MacMillan Gold, are Qualified Persons as defined in National Policy 43-101, and are responsible for all technical information contained in this joint news release.
Aguila Hole 9 was drilled for 485.4 metres towards the west representing 420 metres depth from the collar and 467 metres depth projected to surface from the bottom of the hole. Aguila Hole 10 was drilled for 574.8 metres towards the east from the same drill platform on a section line which is 50 metres to the south of the initial section line which included Holes 1 through 7. Hole 10 is 497 metres depth from collar and 673 metres depth projected to surface from the bottom of the hole. These holes were designed to determine the distance at depth between the west contact and the east contact. The results for Hole 9 and Hole 10 will therefore be news released together after they have been received and compiled. The distance between the bottom of Hole 9 and the bottom of Hole 10 is 506 metres. The width between the west contact in Hole 9 and the east contact in Hole 10 has been estimated from core visuals as being approximately 250 metres.
Aguila Hole 11 was drilled for 375.9 metres towards the west on the same section line from a platform 68 metres to the east of the platform used for Hole 9 and Hole 10.
The second drill contracted from Performin EIRL of Peru (news release July 28, 2008) arrived on site as planned on August 6, 2008. It began drilling Pasacancha Hole 1 on August 11, 2008. At the end of shift on August 24, 2008 the drill had completed 284 of the targeted 500 metres.
All samples are delivered to the Lima laboratory of Inspectorate Services Peru SAC (a certified laboratory) for preparation and multi-element ICP analysis followed by AQR/AA assaying for base Metals and 30 gram FA/AA assaying for Au and Ag. The company has a QA/QC protocol in place including the use of duplicate sampling by outside labs, certified standards and blanks and secure care and custody of samples.
Investors are invited to visit the MacMillan Gold IR Hub at www.agoracom.com/IR/MacMillan where they can post questions and receive answers or review existing questions and answers. Investors may also email questions or request to be added to the investor email list at MMG@agoracom.com
The TSX Venture Exchange has not reviewed and accepts no responsibility for the adequacy or accuracy of this news release.
CONTACT INFORMATION:
MacMillan Gold Corp. & Duran Ventures Inc.
George A Brown
CEO
(416) 867-1101
Fax: (416) 867-1222 (FAX)
Email: duranventures@ca.inter.net
Email: macmillangold@ca.inter.net