VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 20, 2006) - Journey Resources Corp. ("Journey") (TSX VENTURE:JNY) (FRANKFURT:JL4) is pleased to report that drilling continues at its 75% owned Vianey Property in north-central Guerrero State, Mexico.
Drilling is being conducted from the surface, for a total of approximately 3,000 metres. To date, 13 holes have been drilled and we are currently awaiting results. This drill program is scheduled to complete in mid-January, 2007, with a Phase II drill program contemplated.
The current drilling program is designed to penetrate the Vianey vein system at depths below the -75 meter level, which is the deepest level of prior underground mine production, thereby extending the depth extent of mineralization. In addition, the drilling will examine the ground from the surface to the Vianey vein to prospect for other potential zones of mineralization and will include further examination of the San Pedro and Twilight mineralized breccia zones. Core samples from current drilling confirms that hydrothermally altered granodiorite porphyry occurs below the -75 level and in the southeast portion of the underground workings.
Surface and underground mapping and sampling will assist in the assessment of the Property for further work contemplated in 2007. High-grade silver mineralization with supporting zinc, lead, copper and gold credits has been encountered.
The Vianey Mine is a poly-metallic (Zn-Pb-Cu sulphides) vein system with substantial silver and minor gold credits, situated in limestone-argillite-siltstone rocks of the Cretaceous Morelos-Guerrero Basin. Numerous poly-metallic veins, skarns, and replacement deposits occur in the district, usually associated with intrusive masses of granodiorite plutons and dikes. The Twilight Zone breccia and San Pedro breccia are mineralized zones within and adjacent to granodiorite igneous rocks, thus there is an important relationship between the sedimentary rocks, veins, breccias and intrusive rocks at the Vianey Mine.
A review of past calculations, including the most recent exploration activities completed in 1997, by Hawley, P.J., 2000b, provides a total in all categories of 345,020 metric tonnes grading 2.13% lead, 3.66% zinc and 269 grams of silver per tonne. (These data are historical resource estimates under National Instrument 43-101, which have not been sufficiently verified by a qualified person to be classified as current mineral resources. Neither Journey nor Wits Basin are treating these historical estimates as current resource estimates and therefore, these historical estimates should not be relied upon).
The design and overall management of the program is being provided by Journey's consulting geologist Rodney A. Blakestad, J.D., C.P.G., the Independent Qualified Person (QP), as defined by NI 43-101, on the Vianey project.
On June 28, 2006, Journey entered into an option agreement with Wits Basin Precious Minerals Inc. ("Wits Basin"), whereby Journey granted Wits Basin an exclusive option to acquire up to a 50% interest in certain mining claims comprising the Vianey Mine Concession. Journey and Wits have subsequently entered into a joint venture agreement dated December 18, 2006 with respect to their interests in the Option Agreement and the Vianey Property (the "Joint Venture Agreement"). Pursuant to the Joint Venture Agreement, Wits Basin has earned and currently holds a 25% undivided interest in the Property and Journey, who will act as operator of the Joint Venture, currently holds a 75% undivided interest in the Property. Wits Basin maintains its option to earn an additional 25% interest in and to the Property by fulfilling certain payment and expenditure requirements, including the issuance of 500,000 shares of its common stock to Journey on or before January 15, 2007, and by expending an additional aggregate amount of US$500,000 to the Joint Venture for funding of a Phase II drilling project on or before September 30, 2007.
Journey Resources Corp. is a mineral-exploration resource company trading on the TSX Venture Exchange (Symbol: JNY). The Company is currently exploring three advanced exploration-stage projects; the Vianey Mine Silver Project, the Musgrove Gold Project and the Empire Mine Project. The Vianey Mine Project consists of concessions totaling 5,022 hectares in Guerrero State west of Mexico City, Mexico. The Musgrove Project is a prospect for a disseminated gold bulk-tonnage surface project similar to the Beartrack Mine, a nearby former gold producer. The Empire Mine Project is a poly-metallic skarn deposit containing copper, zinc, gold and silver ores, and is located in the Alder Creek Mining District in Custer County, Idaho.
ON BEHALF OF THE BOARD OF DIRECTORS
JATINDER (JACK) BAL, Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Journey Resources Corp.
(604) 633-2442 or Toll Free 1-800-667-1442