World Ventures Inc.  has acquired over 57,000 acres (23,700 hectares) of mineral lands in the vicinity of Fort a la Corne, Saskatchewan, Canada. This large tract is being prospected for gold and diamonds and was acquired based on the results of a preliminary exploration program of the area that the company carried out in 1995 and 1996.

"We are very pleased with the recent resurgence in the price of gold and the exciting news from nearby diamond operations such as that reported by the syndicate of Shore Gold, Debeers and Cameco who are exploring for diamonds in a kimberlite zone. We can now explore the full potential of our holdings," commented Ray Carson, President of World Ventures.

The strong gold market and advances in diamond evaluation from the Fort a la Corne area by Shore Gold Inc., De Beers, and others have prompted World Ventures to follow up its extensive proprietary airborne magnetic survey flown in 1995 and its drilling results from 1996. The Company's program consisted of an airborne and ground follow up magnetometer surveys and two drill holes. The airborne geophysical survey covered an area of approximately twenty miles by sixty miles. 

Several "bulls eye" magnetometer targets on the World Ventures holdings are untested and these drilling targets may be kimberlite pipes which are known to host diamond deposits in the region. The two World Ventures drill holes are located 20 miles apart and have identified well mineralized sulfide iron formations that contain some interesting gold values. These properties were acquired as part of World Ventures' overall commitment to gold exploration. The gold and diamonds mentioned above are conceptual exploration targets from previous work and activities in the region. Only preliminary exploration has been conducted on these properties and there can be no assurance that additional exploration will result in the discovery of mineral deposits, but because of the successes by major mining operations in the area and preliminary work done, management at World Ventures is very encouraged.