M a r c h

2 0 1 6

EXPLORATION

PORTFOLIO (Peru)

TSX.V: DRV 2

Disclaimer

Certain information presented, including discussions of future plans and operations,

contains forward-looking statements involving substantial known and unknown risks and

uncertainties. These forward-looking statements are subject to risk and uncertainty,

many of which are beyond control of company management. These may include, but

are not limited to the influence of general economic conditions, industry conditions,

fluctuations of commodity prices and foreign exchange rate conditions, prices, rates,

environmental risk, industry competition, availability of qualified staff and management,

stock market volatility, timely and cost effective access to sufficient working capital or

financing from internal and external sources. Actual results, performance, or

achievements may differ materially from those expressed or implied by these forward

looking statements.

Information in this presentation regarding the Company’s mineral properties was

prepared and reviewed by Jeffrey Reeder, P.Geo., Duran’s President and CEO, and a

non-independent Qualified Person for the purpose of National Instrument 43-101,

Standards of Disclosure for Mineral Projects.

Mineralization present in proximal properties is not necessarily indicative of

mineralization on the Company’s properties.

Forward Looking Statements

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Porphyry, skarn, or

polymetallic belt

Epithermal belt

IOCG+/-porphyry belt

Deposit or Producer

Significant Mining Projects in Peru Select production figures, output

forecasts, or resources

Sources: Various Company

websites, annual reports,

and publications.

Modified from: Cardozo,

2006; Hedenquist, 2012;

Acosta et al., 2013.

Duran Ventures Property

Property under

Joint Venture

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Duran Ventures Property

Property under Joint Venture

Duran Ventures Project Locations,

100% Owned

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Huachocolpa

Ag-Zn-Pb-Cu-Au

Polymetallic Project

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Huachocolpa Ag-Zn-Pb-Cu-Au

Project Concessions

Huachocolpa

LIMA

260 km from Lima

Access via 445km

asphalted

highway followed

by 25 kms of

serviced gravel

roads

Huachacolpa

Mining District

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Huachocolpa Ag-Zn-Pb-Cu-Au

Project Concessions

Sample Width

(m)

Au

(g/t)

Ag

(g/t)

Cu

(%)

Pb

(%)

Zn

(%)

1601 0.2 0.13 1848 1.87 5.72 0.5

Averages

Samples Width (m) Au (g/t) Ag (g/t) Zn (%) Pb (%)

10 0.79 0.32 32.43 6.8 2.48

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Huachocolpa Project

Castorindo Zone, Pamela and Castor Veins

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Huachocolpa Project

Tangana West Zone, Marilu Vein

Sample Width

(m)

Au

(g/t)

Ag

(g/t)

Zn

(%)

Pb

(%)

Cu

(%)

1659 1.5 3.38 395 1.03 2.82 0.90

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Huachocolpa Project

Tangana West Zone, Alexandria Vein

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Mamaniña Cu-Mo-Au

Porphyry / Skarn

Project

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Mamaniña Cu-Mo-Au

Porphyry, Concessions

Mamaniña

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Possible

Porphyry

Centre?

Alteration Halo and

Historical Drilling

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Panteria Cu-Au-Mo

Porphyry

Project

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Panteria Project - Concessions

Panteria

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Panteria Porphyry Cu-Mo-Au Project

- Multiple Exploration Targets

Claim Outline

Cla

im O

utl

ine

• 100% owned

• ~7,200 ha

land package

• Good road

access

throughout

• Multiple

exploration

targets with

historical

drilling

• Multiple

porphyry

prospects

• Au-Ag

epithermal

zones

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Massive Sulphide Mamaniña

Contact Skarn - Chalcopyrite

Panteria Advance Argillic

Panteria

Phyllic

Alteration

Cross-section showing alteration zones around a porphyry system and the

vertical scale of the mineralising system which can span up to 8 km of the crust

(modified from Sillitoe ,1973).

Panteria

Stockwork

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Minasnioc Au-Ag

Epithermal Project

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Minasnioc Gold

Silver Project

Location

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Minasnioc Au-Ag Project

Concessions

Minasnioc

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Alteration and

Barrick Diamond Drilling

Claim Boundary

Aura

Azul 7

Minasnioc

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Minasnioc Project

100% Owned

Historical Diamond

Drilling by Barrick

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Ichuña Cu-Ag

Epithermal Project

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Ichuña Project

Ichuña

LIMA

Located adjacent and less than 3 km from Buenaventura’s San Gabriel (Canahuire) Deposit within the Chucapaca project (2.5 million ounce gold: 50% Indicated-50% Inferred*) in Southern Peru

San Gabriel underground scoping study shows positive business case at 3,000 tpd*

The discovery hole (2008) at San Gabriel was a blind target drilled to test an IP anomaly

* source http://www.buenaventura.com, 2015 Presentation

Copper-silver mineralization on surface

Rio Alto drilled 7 Holes (outside IP anomaly)

IP Geophysical Anomaly Never drilled

Geophysics survey showing parallel structures similar to the San Gabriel (Canahuire) Deposit

Community Agreements can be renewed

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Ichuña Project - Well Positioned in a

New Mineral District in Southern Peru

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District and Property Geology

6km

San Gabriel

Deposit

Chucapaca Dome

Complex

Geophysical

Anomaly

27 TSX.V: DRV 27

Don Pancho

Polymetallic

Ag-Pb-Zn-(Mn)

Project

TSX.V: DRV 28

Don Pancho

Pb-Zn-Ag Project Regional Setting

Acquired by application in 2007

100% owned, no royalties

$1.5M spent

Community agreements in place

Located in polymetallic trend including the world class Iscaycruz mine, Yauliyacu. and Uchucchacua mines

9 kms west of Trevali’s Santander Mine

6 kms east of Tingo Hydroelectric Plant

Don Pancho

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Chargeability -100m Depth

Resistivity -100m Depth

Pb-Zn-Ag breccia zone exposed over an area of 800 m X 300 m

Management believes this zone could be better tested by drilling at right angles to previous ddh program

Don Pancho Project

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Don Pancho

Drill Hole Locations

6 holes drilled – all intersected polymetallic mineralization. Best result 4.4% Zn, 3.3% Pb, 61 g/t Ag over 1.15m

Untested drill directions remain.

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