Tabaco Drilling Rescheduled for April
International PBX Ventures Ltd. has been informed by its drill contractor that the delivery of a drill to the Tabaco property has been delayed due to extended equipment maintenance. The delivery date is now scheduled for mid April.
�I am disappointed with the news as we are all anxious to start drilling the 3D IP anomaly as soon as possible� commented George Sookochoff. This 3D IP 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.
The Tabaco property is located on the same trend as the Relincho copper-molybdenum porphyry property now being explored by Global Copper Corp. (GLQ-T), in that it skirts the edge of the same volcanic-batholithic contact. 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 http://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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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
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. |