Drilling Begins on Tabaco Copper
Property
International PBX Ventures Ltd. is pleased to announce that the
drill program is underway on its Tabaco copper property.
The drill program will test for
mineralization of a 3D induced polarization (IP) chargeability anomaly
discovered recently.
This anomaly is considered highly prospective because
exceptionally strong copper mineralization (1.29 per cent copper over 44 metres
as coarse chalcopyrite) was encountered in a shallow 2003 drillhole precisely
where the IP anomaly nears the surface. �I am very excited that we will finally
be testing the 3D IP anomaly especially with the recent Teck Cominco acquisition
of our neighbour Global Copper� commented George Sookochoff.
The Tabaco property is located on the same trend as the Global
Coppers Relincho copper-molybdenum porphyry property located 10 kilometers to
the north. The company believes it may have located a similar porphyry system
at Tabaco that has not been unroofed, and that the shallow copper resource
developed to date merely represents related manto-skarn leakage mineralization.
Please visit our website at www.internationalpbx.com to view
images of the 3D IP anomaly.
ON BEHALF OF
THE BOA
RD OF DIRECTORS OF
INTERNATIONAL PBX VENTURES LTD.
George Sookochoff, CEO
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International PBX Ventures, Ltd.
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EXPLORATION STAGE |
CODE : PBX.V |
ISIN : CA4599591027 |
CUSIP : 459959 102 |
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Intl. PBX Ventures is a copper exploration company based in Canada. Intl. PBX Ventures holds various exploration projects in Canada and in Chile. Its main exploration properties are HORNITOS, TABACO, LAS LOMITAS CHILE, SIERRA PINTADA PROPERTY, PALO NEGRO - HORNITOS, TIERRA DE ORO, COPAQUIRE, SAN JV and ZULEMA in Chile and CROSS LAKE in Canada. Intl. PBX Ventures is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 7.1 millions as of today (US$ 5.2 millions, € 4.9 millions). Its stock quote reached its lowest recent point on August 12, 2015 at CA$ 0.01, and its highest recent level on March 12, 2021 at CA$ 1.49. Intl. PBX Ventures has 157 699 000 shares outstanding. |