JOURNEY RESOURCES CORP. ANNOUNCES PRELIMINARY RESULTS FROM THE 2009 DRILLING OF THE MUSGROVE CREEK GOLD PROJECT
Feb. 18, 2010 (TheNewswire.ca) --
Vancouver, B.C. - JOURNEY RESOURCES CORP. (OOTC:JNYRF) (TSXV:JNY) ("Journey") announces preliminary results from the 2009 drilling of the 100% owned Musgrove Creek Gold Project, near Salmon, Idaho.
The results from Journey's two previous drill programs, have indicated a tangible target for ore grade mineralization (named the "Johny Northwest target area"), located midway between those two groups of drill holes. Ten reverse circulation holes totalling 625 meters (2050 feet) were drilled from an existing access road to test the target area. Significant gold mineralization was drilled in eight of these holes, and the best gold intercepts are shown in the following table. The width of the intercepts indicated below are along the drill hole; the true width of the mineralized zones are not known at this time. It is worth noting that hole MG-09-64 ended at 250 feet in mineralization.
Drill HoleFrom (ft)To (ft)Width (ft)Width (m)Au g/tComments
MG-09-5612513051.520.80
23023551.55.59
MG-09-5710010551.53.38
MG-09-5813013551.52.97
17017551.53.29
19520051.53.08
MG-09-6090100103.0* 20.18* Check assaying required
MG-09-6195105103.01.73
MG-09-6285100154.6* 5.07* Check assaying required
110130206.11.32
20521051.56.01
MG-09-634050103.011.15
MG-09-645570154.63.11
125145206.18.71Includes 1.5m (5') @ 23.1 g/t
225250257.63.92
The Company has staked an additional 20 claims, expanding the property to the south and south-west in an area previously held by other claimants. The claim package now includes 107 unpatented lode mining claims.
The company is in the process of preparing and submitting to the regulatory authorities the plan of operation for the 2010 work year.
Analytical work on the drill samples was performed by ALS Chemex in Elko and Sparks, Nevada. Mr. Robert M. Hatch, Licensed Geologist, is currently the Qualified Person for exploration activities at Musgrove Creek, and has reviewed the drill hole data contained herein
Musgrove Creek is an advanced gold exploration project located in Lemhi County, Idaho, approximately 24 km (15 miles) southwest of the recently mined Beartrack gold deposit. The property is accessed from Salmon or Challis, Idaho by about 80 km (50 miles) of paved, gravel and dirt roads.
Musgrove Creek contains a NI 43-101 Inferred Mineral Resource estimate of 8 million tonnes at 1.22 g/t Au (0.036 oz/ton) at a gold cut-off of 0.8 g/t (0.023 oz/ton). This is equivalent to 9,761 kg (313,822 oz) of gold at zero dilution (Gruenwald and Makepeace, 2004). Recent exploration activity conducted at Musgrove is focused on adding to that resource with the objective of establishing a minable deposit.
Jack Bal, President and CEO of Journey commented: "We are very encouraged by the high grade results in the "Johny Northwest target area" which is adjacent to the "Johny's Point" Resource Area. The results should provide the necessary information to assist in confirming the target area; our focus on the Musgrove project continues to be, to add to the currently defined resource."
About Journey Resources Corp.
Journey Resources Corp. www.journeyresourcescorp.com is a mineral-exploration resource company trading on the TSX Venture Exchange (Symbol : JNY) and the Frankfurt Stock Exchange (Symbol : JL4). The Company is currently exploring four advanced exploration-stage projects; the Musgrove Gold Project, the Charay Gold Project, the Vianey Mine Silver Project and the Silver Mountain Project. 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 Charay property consists of concessions totaling 380 hectares, located in Sinaloa, Mexico. The Vianey Mine Project consists of concessions totaling 5,022 hectares in Guerrero State west of Mexico City, Mexico. In addition, the Company owns 100% right, title and interest in and to certain mining claims comprising the Silver Mountain Property in Lima, Peru. The Silver Mountain Property is an advanced stage exploration property covering approximately 1,684 hectares, located approximately 75 kilometers east of Lima City and 50 kilometers south of Peru Copper's Toromocho property and Pan American Silver (NASDAQ:PAAS) (TSX:PAA) ´s Morococha Mine.
ON BEHALF OF JOURNEY RESOURCES CORP.
"Jatinder (Jack) Bal"
JATINDER (JACK) BALPresident & CEOJOURNEY RESOURCES CORP.
For further information on Journey Resources Corp., contact Jack Bal at (604) 633-2442, toll free 1-800-667-1442, e-mail jackbal@journeyresourcescorp.com, or visit our website at www.journeyresourcescorp.com.
