Duran Ventures Inc.

volume of a cylinder = pi x (r)2 x h r = radius h = height (depth) target is 400m N-S, 500m+ E-W and 500m+ deep using 450m average (N-S + E-W /2) gives radius of 225m volume is 79,500,000 cubic metres 2.6 tonnes per cubic metre = 206,700,000 tonnes at 0.5% Cu Eq average = 1,033,500 tonnes Cu Eq x 2,204 lbs per tonne = 2,277,834,000 lbs Cu Equiv In situ at $4 per lb Cu Eq = $9,000,000,000+ A take out offer at 10% of in situ = $900.000,000 or at 5% in situ = $450,000,000 $2+ per share at 5% in situ EXCLUDING all the other projects and properties!