02:03 PM EST - Journey Resources Corp. : announced it entered into a mineral claim option agreement with Tektite Financial Inc. and Minera Bacoachi, S.A de C.V., whereby Journey has been granted an exclusive option to acquire a 100% interest in and to certain mining claims comprising the Charay Gold Property, located in Sinaloa, Mexico. In consideration Journey shall pay a total cash amount equal to US$2.72 million with initial payments consisting of $30,000 upon execution of the Option Agreement, $25,000 on or before December 1, 2008 and two additional payments of $50,000 on or before April 1, 2009 and August 1, 2009 respectively. Journey Resources Corp.
shares V.JNY are trading up 11 percent at $0.05.
