World Ventures Inc. estimates that the initial exploration work on the Lapon Canyon mine can be completed within six months. 
This initial exploration includes:
- The clearing of the blocked lower level tunnel for sampling to confirm the historical report of high-grade zones;
- additional geological sampling of all three levels to determine the extent of the gold deposit in the mine; and
- A comprehensive evaluation of the development and processing costs to determine the feasibility of extracting gold from the property. The company policy is that the extraction cost must be low enough and the gold content high enough to clearly justify further development. Profit cannot be dependent upon an inflated gold price: the mine must be profitable at current -- and even lower -- gold prices.
Estimated cost to complete the initial phase is a maximum of $500,000 U.S. Should assays confirm the anticipated high grade zones, financing to put the mine into production will likely come through a gold loan from a European bank.
Given the existing mine workings, the existing road and water access and the access to custom milling facilities, bringing a small 200-ton per day mine into production on the site is estimated to take a year and cost an estimated $3 million dollars.
POTENTIAL RETURN At current gold prices, a 200-ton model as outlined above could make approximately 22 million dollars annual profit. This assumes a gold concentration of approximately one ounce per ton. This estimate is based on reported samples from the underground tunnels.
Highlights of this proposed program:
- examination of existing mine workings to verify reported grades of one ounce of gold per ton located in veins 5-to-6 feet wide which extend for more than 150 feet in length;
- evaluation of the potential for gold-bearing rock with commercial grade within the area of underground tunnels;
- to check out previously reported high grade at the face of tunnel "A";
- to check out open pit potential previously reported;
- a partially developed underground with road access and water;
- custom milling available within trucking distance, allowing mining to begin and income to be earned without the expense of constructing a mill;
- a completed agreement giving World Ventures Inc. a current lease and purchase rights to the property; and
- an expert management team with more than 90 years' combined experience in the mining industry.
PUBLICLY TRADED SHARES:
The company shares are traded over the counter under the designation WVNTF:OTC:BB.
All required Canadian and US regulatory filings have been completed to date. To obtain current stock prices or copies of filed document, including financial statements and annual reports, please click on the links listed at left.
INVESTMENT RISK:
As with all speculative investments, an investment in World Ventures Inc. carries risk. Although World Ventures Inc. is presenting all the information currently known about the property and management believes in the potential of the project, there are unknown factors involved which could impact on the investment return.
In presenting this information, care has been taken to indicate information which is based on assumptions or reported information which has not been confirmed by extensive geological sampling. The current work program is designed to determine the existing gold content of the mine and the feasibility of future profitable development.
Therefore:
Statements made on this site which are not historical facts, such as anticipated payments, production, sales of assets, exploration results and plans, costs, prices or sales performance are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995, and involve a number of risks and uncertainties that could cause actual results to differ materially from those projected, anticipated, expected or implied.
These risks and uncertainties include, but are not limited to, metals price volatility, volatility of metals production, project development risks and ability to raise financing.
The company undertakes no obligation and has no intention of updating forward-looking statements.
Please note: These historically reported high-grade zones have not been confirmed by World Ventures Inc. and are the subject of the current work program.
World Ventures Inc. has a current lease plus an outright purchase agreement on the 3800-acre Lapon Canyon Gold Mine property. The agreement was finalized in March 2002. At any point, World Ventures Inc. may exercise its option to purchase the property.
Proposed Work Program 
