World Ventures Updates Shareholders on Sultan Minerals Program Jersey-Emerald.NANAIMO, British Columbia There are several federal and provincial electoral districts with the name Nanaimo. These are listed on Nanaimo (electoral districts) "Nanaimo" redirects here. For the SkyTrain station, see Nanaimo Station Nanaimo (IPA: -- World Ventures Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :WVNTF), whose shareholders are receiving a 1.5% royalty on production by Sultan Minerals on the Jersey-Emerald property, would like to draw attention to a recent news release issued by Sultan Minerals Inc. "Sultan Minerals Inc.'s 2006 exploration program is now under way on its Jersey-Emerald molybdenum molybdenum (məlĭb`dənəm) [Gr.,=leadlike], metallic chemical element; symbol Mo; at. no. 42; at. wt. 95.94; m.p. about 2,617°C;; b.p. about 4,612°C;; sp. gr. 10.22 at 20°C;; valence +2, +3, +4, +5, or +6. property in the Salmo area of British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography . A program of underground and surface drilling will investigate the size of the East Dodger molybdenum zone, which has been intersected in 21 diamond drill holes over an area that measures 3,200 feet north-south by 400 feet east-west and to a depth of 300 feet. This very large target presently remains open in all directions and at depth. Metallurgical test work on molybdenum recoveries is in progress and government permits have been requested for an underground drifting program for bulk sampling purposes. Approval is expected within a few days." The schedule of programs outlined by Sultan will be carried out largely on ground on which World Ventures holds an NSR NSR abbr. normal sinus rhythm NSR Normal sinus rhythm, see there (net smelter royalty) interest, involving the former Jersey-Emerald mine lands, near Nelson, British Columbia
In its news release, Sultan outlines a metallurgical test program for the recently-drilled East Dodger molybdenum zone. In addition, Sultan discusses the status of a proposed bulk-sampling program to be taken from the old Jersey mine workings, its plan to drill to depth into the deep molybdenum zone from the underground workings, and its proposed drill programs for the Jersey molybdenum north zone and the East Emerald tungsten zone. World Ventures Inc. follows all of these activities with intense interest as they have the potential to add significant value to the company based on its royalty interest royalty interest The proportional ownership interest by the owner of oil and gas rights in income produced by the asset. See also overriding royalty interest. . Shareholders will be kept updated as Sultan releases additional results on this substantial molybdenum and tungsten system. About World Ventures Inc. World Ventures Inc. is an early-stage mining company that focuses on the exploration and production of precious metals Precious Metals Valuable metals such as gold, iridium, palladium, platinum, and silver. Notes: Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal. . The objective of management is to grow World Ventures into a significant gold and precious metals producer by further developing its Nevada and Ontario properties, and by acquiring other advanced-stage projects. Source: World Ventures Inc. For a full audio photo tour go to www.wvntf.haynescapital.com This Press Release may contain, in addition to historical information, forward-looking statements within the meaning of Section 27A of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on management's expectations and beliefs, and involve risks and uncertainties. These statements may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release. |
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