Following weeks of intense scrutiny of the propriety of it being granted permission for geographical and geophysical surveys in the New River Triangle, Muri Brasil Ventures Inc yesterday announced that it would no longer be pursuing the project, citing misinformation, prejudice and hostility.
The Ministry of Natural Resources and the En-vironment had been criticised for even considering an agreement for survey work in the New River Triangle, not only because of the rich biodiversity and ecologically sensitive characteristics of the area but also because of the border security risk it posed.
Muri Brasil Ventures Inc, in a short press statement yesterday said, “Muri Brasil Ventures Incorpo-rated would like to
