COPAQUIRE AND TABACO PROPERTIES, CHILE. 43-101 REPORTS FILED ON SEDAR

January 17, 2006

The company is pleased to announce the filing on SEDAR of the 43-101 reports for its Tabaco copper oxide property and its Copaquire copper-molybdenum property in Chile.
The reports were prepared by Stanley D. Robinson, M.Sc., P.Geo.

ON BEHALF OF THE BOARD OF DIRECTORS OF
INTERNATIONAL PBX VENTURES LTD.

Gary Medford, President and CEO

Investor Relations:Robert A. Young 1 877 626 2121
PBX Office: 604 681 7748

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

The company relies on “forward- looking” statement litigation protection.

©2008 International PBX Ventures Ltd.