Normally, the discrepancy between what is planned, and what is executed, is substantial, and the timeline between the two often measured in years. The reason I am comfortably recommending Journey at this time is because of the people who have recently joined Silveria’s board as managers of the exploration programs for Journey.

They are none other than Dr.’s Peter Pollard and Chris Wilson, both of whom are alumni of Ivanhoe Mines and many other high profile producing companies.

When I asked Dr. Wilson about what drew him to Journey, he stated unequivocally that “it’s (Silveria) the best project I’ve seen in the last couple of years.”

But more on them later.
Silveria Overview
The Silveria property is located 80 kilometres west-northwest of Lima in the Huarochiri Province of Peru. Journey will earn up to a 75% interest by spending $11.8 million on exploration.

Journey plans to implement a structured exploration program to assess the size potential of the deposit at the Silveria property.

The Silveria claims encompass the past producing Pacococha, Millotingo, Silveria and Germania mines located in the San Mateo Mining District, Province of Huarochiri, Department of Lima, Peru. Past production from the Millotingo mine id documented at 39 million ounces of silver, 97 million pounds of copper, and 44 million pounds of zinc.

A total of 2.6 million tonnes of mill feed is reported to have been produced at an average grade of 14.50 troy ounces per short ton of silver with gold as a byproduct (an average headgrade of 21.50 troy ounces per short ton of silver is reported for production years 1962 to 1973) (Stone, David, PEng, Godden, Stephen, CEng, FIMMM, technical report on the Silveria project, Aug. 20, 2007).

The Silveria Property is 3959 hectares, and 30 kilometers south-west of Peru Copper's Toromocho property and Pan American Silver's Morococha Mine.

The Silveria property is currently permitted to operate a milling facility at 500 tonne/day. Journey plans to purchase and implement a plant to exploit current dumps and mine workings at Silveria.

According to a 43-101 report completed by Minefill Services in August 2007:

“Numerous underground mine workings exist across the Project area, which workings are marked by the presence of drift portals and related rock dumps. The exploited mineralization is contained within vein deposits of the epithermal quartz-adularia, low-sulfidation type. Broad alteration zones are also apparent. There are approximately 33 mineralized veins in the Pacococha mining area, seven mineralized veins at Germania-Silveria and two mineralized veins at Millotingo. Not all the veins appear to have been previously exploited. Field indications, as well as historical geology plans, suggest that additional mineralized veins might exist. The metals with economic potential include gold, silver, copper, lead and zinc (not listed in order of economic significance).”

No formal, NI 43-101 compliant mineral resource or reserve estimates exist for any of the four historical mining areas. However, the following potential mineral resources have been identified:

• tailings dams adjacent to the Millotingo mill;
• numerous, small- to medium-size mineralized surface rock dumps (not including dumps left by artisan miners for collection and sale);
• un-stoped vein areas in the underground mine workings, on existing production levels and in newly developed stoping areas both beyond and beneath the developed limits of the existing production levels; and
• various surface exploration targets.

A total of 34 grab samples of rock have been collected from dumps located down slope of accessible drift portals. The assay results show anomalous to low-grade gold values in all the Pacococha and Germania mine samples, but ore-grade gold values from Millotingo mine.

Silver grades are consistently high in all the dump samples, with assays ranging from 3.50 g/t to 2,220 g/t Ag. Base metal values vary between 0.007% and 3.90% Cu, 0.01% and 7.15% Pb and 0.07% to 19.70% Zn, with the lowest values reported for the Millotingo samples.

Exploration Plan
Q1/Q2 2008
Eight geologist exploration program to focus on a) generative exploration of surrounding gossans; b) detailed mapping of veins, select surface sampling and design of drill program; c) review and limited sampling of tailings; and d) verification sampling of select underground drives.
Budget: CA$250,000.

Q3/Q4 2008
Diamond drilling of select veins to determine depth/strike potential; detailed verification re-sampling of underground ore blocks, 3D resource modeling and generation of NI43-101 compliant resource.

Fast track through establishment of a Project Development Group comprising major consultancies: 3D modeling and scoping; metallurgy; environmental and social; process engineering. Decision on flowpath to production and early cash flow.
Budget: CA$2,000,000

Other Projects
Musgrove Creek, Idaho
The Musgrove Creek Gold Project is located 40 kilometers (25 miles) southwest of Salmon, Idaho and covers approximately 1,500 acres. The region has been the focus of mining activity since the late 1800s. Several significant gold deposits have been mined in the area. The latest and largest operation was the Meridian’s Beartrack epithermal gold deposit, which is 15 miles northeast of the Musgrove Project. The Beartrack Deposit was reported to have produced 513,822 ounces of gold from 1996 to 2001.

Planned drilling will include reopening 4,700 feet of additional drill roads, the construction of 9 new drill pads and the drilling of 9 holes, 7,500 feet in total length. The drilling will test the main portion of the Ostrander Creek gold-in-soil anomaly delineated in 2004. Drilling will be accomplished using a newly acquired skid mounted Hydracore 2000 diamond drill owned by the Company. The purpose of the drill program is to assist in defining the mineralized zone(s), with the objective of increasing the mineral resource and advancing the project toward a feasibility study and eventual production.

Vianey Silver Mine, Mexico
The Vianey property is comprised of two blocks totaling 5,022 hectares (approximately 12,400 acres) and has a silver-lead-zinc mineralization production history. The concession is located in the southern Mexican state of Guerrero, 250 kilometres south of Mexico City and 160 kilometres north of Acapulco. Less than 2 kilometres away is the town of Atzcala, with water, telephone and medical facilities, as well as a sufficient labor pool. There is existing electrical power at the mine and a major power line passes near the property.

Journey entered into a joint venture agreement with Wits Basin Precious Minerals Inc. (“Wits Basin”) to form a 50% joint venture , Wits Basin has earned their interest in the joint venture. Journey will be the operator of the joint venture.

Journey’s priority, as the operator on the project, remains to be the preparation of a 43-101 compliant report for the purposes of justifying commercial development of the Vianey Mine based on historic and recent drilling.

Key Management

Jatinder (Jack) Bal
President, Chief Executive Officer and Director
Jack Bal has served as our President, Chief Executive Officer and Director since November 2003, and is responsible for all aspects of our general management. Mr. Bal has over 11 years of experience in the resource industry and public markets. Mr. Bal has served as President of Centerline Capital Corp., a private management company since November 2003. Mr. Bal is currently a director of CMC Metals Corp. and Upper Canyon Minerals Corp., both of which are resource companies listed on the TSX Venture Exchange. Mr. Bal is also President and Director of Cascadia Energy Corp., a private US company in the business of acquiring and exploring oil and gas properties.

Dr. Chris Wilson
Vice President, Exploration
Dr. Chris Wilson graduated with a BSc (Hons) in geology from University College of Wales, Aberystwyth in 1985 and with a PhD from the Flinders University of South Australia in 1991. Chris is a Qualified Person (NI43-101 and JORC) and is a Chartered Professional Geologist. He is Fellow of the Australian Institute of Mining and Metallurgy and a Fellow of the Society of Economic Geologists. Chris is an established geologist with over fifteen years broad experience in prospect generation and area selection through to the design and management of resource definition drilling programs. He has significant experience with low and high sulphidation silver-gold epithermal systems, silver-base metal vein systems, gold-copper-molybdenum porphyry systems, iron-oxide copper-gold styles of mineralization and sediment-hosted gold systems. Chris worked as an independent consultant and associate principal exploration geologist with SRK (UK) and SRK Exploration Services since 2005. Prior to that he worked with Ivanhoe Mines Ltd from 1995 and was the exploration manager for Ivanhoe Mines in Mongolia from 2002 until October 2004 when he was responsible for countrywide area selection, grass-roots exploration, and management of a copper-gold exploration portfolio consisting of over 125 licences totaling over 11 million hectares. Chris maintains an exploration-focused geological consultancy with Dr. Peter Pollard that supplies geologists to projects worldwide.

Dr. Peter Pollard
Director
Dr. Pollard graduated with a BSc (Hons) in geology in 1979 and a PhD in 1985 from James Cook University, Townsville, Australia. Dr. Pollard is a Qualified Person (under NI 43-101 and JORC), a member of the Australasian Institute of Mining and Metallurgy and a Fellow of the Society of Economic Geologists. Dr. Pollard has over 20 years experience as a consultant in project generation and evaluation, paragenesis and breccia interpretation, and gold petrology. He has consulted on some of the major porphyry copper-gold (Grasberg, Oyu Tolgoi, Escondida Norte) and iron-oxide copper-gold (Olympic Dam, Carajas district, Cloncurry district) deposits worldwide. Dr. Pollard also runs a series of exploration training courses, which have been presented in over 15 countries. He has significant experience with low and high sulphidation silver-gold epithermal systems, gold-copper-molybdenum porphyry systems, iron-oxide copper-gold mineralization, sediment-hosted copper and gold systems, and tin, tungsten, tantalum and rare-earth element mineralization. Dr. Pollard also worked as a research scientist at James Cook University for 13 years, studying intrusion-related hydrothermal systems, mainly in copper-gold, tin-tungsten and rare-metal systems and has published over 60 papers in international journals and books. Peter is currently an exploration-focused, geological consultant with Dr. Chris Wilson, supplying geologists to projects worldwide.

Robert Bryce, BSc, MBA, P.Eng
Director
Since May, 1996, Mr. Bryce has served as President and Director of Abitex Resources Ltd., a nickel exploration company based in Val d”Or, Quebec. From 1991 to 1994, Mr. Bryce was President of Mining Operations for Aur Resources Inc., where he was in charge of the construction and development of the 4,000 tonne-per-day Louvicourt base-metal mine in Quebec, and General Manager of BHP Billiton’s 7,500 tonne-per-day Selbaie Mine in Quebec. Mr. Bryce currently serves as a Director for Western Wind Energy Corp., Tagish Lake Gold Corp., Kalahari Resources Inc., Alexis Minerals Corp. and Scorpio Mining Corp.

Leonard De Melt
Director
Mr De Melt is an engineering graduate of the Haileybury School of Mines. Mr. De Melt also holds a Bachelor of Arts degree in business and economics and a diploma of mechanical studies from the British Columbia Institute of Technology. He has held management positions with 12 mining companies internationally, and was instrumental in starting and building six mines, including Gulf Oil’s Rabbit Lake mine (uranium), Syncrude mine (oil sands), Denison Mines’ Quintette (coal), Homestake’s Golden Bear mine (gold), BHP’s Ekati mine (diamonds) and Goldust’s Croiner mine (gold). Mr. De Melt is well known within the mining industry and brings nearly 30 years of project management and mine development experience to the Company. Mr. De Melt is a director of several public and private mining companies, including Acero-Martin, Grenville Gold Corporation, Canadian Shield Resources Inc., SYMC Resources Ltd. and International PBX Ventures Inc., all listed on the TSX Venture Exchange.

Clint Sharples
Director
Mr. Sharples has served as President of Paramount Pallet Inc. since 2002; previously he was Controller and held various Vice President positions with Paramount from 1994 to 2002. In addition, Mr. Sharples has been a partner in FGI Inc., a private investment company, since January, 1999. Mr. Sharples has served as a Director of Modu-Loc Fence rentals, Thermal Energy International and the Canadian Pallet Council. Lorne Torhjelm
Chief Financial Officer & Corporate Secretary
Lorne Torhjelm has served as our Chief Financial Officer and Corporate Secretary since May, 2005 and May, 2004 respectively, and is responsible for overseeing all aspects of our finances. Mr. Torhjelm is a self-employed investment manager, and is currently President and Director of Upper Canyon Minerals Corp. and a Director of Panoro Minerals Ltd. In addition, Mr. Torhjelm is also the Corporate Secretary of Cascadia Energy Corp., a private US company in the business of acquiring and exploring oil and gas properties. Mr. Torhjelm was also President of RNJ Ventures Ltd. from 1989 to 2004.

Share Data

Issued and Outstanding: 37,344,187 Warrants, Options: 10,360,483 Fully Diluted: 47,704,670 Institutional Ownership: 10%+ 52 Week High-Low: $0.22 - 0.45 Avg Daily Volume (3 month): 178,944 Cash on Hand: $300,000 Mining Development Precious & Base Metals Projects Located In United States, Mexico, Peru

About StocksUnderADollar.com
StocksUnderADollar.com is a publication of Resourcex Media Management, a division of Resourcex Financial Group.

The information provided herein is derived from sources believed to be reliable but no warranty as to accuracy is express or implied. Richard Ford, as a consultant to Resourcex Financial Group, has received a cash fee for the preparation of this report. Mr. Ford, Resourcex Publishing, Resourcex Financial Group, and its employees have no shares, options or warrants in the companies herein mentioned, and no consideration above and beyond the cash fee has been received, nor will be received, for the creation and distribution of this report.

This document is provided for information purposes only, and is not to be construed as investment advice to either purchase or sell securities in any company herein mentioned.

As usual, I urge all readers to complete their own due diligence in determining the suitability of this company as an investment, and further strongly suggest that potential investors in Journey Resources consult with a registered investment advisor prior to making any investment in this or any other company.


Richard Ford
Publisher