December 20 , 2006
International PBX Ventures Ltd. is pleased to report the results of the second hole from the south edge of the main molybdenum zone in the resource definition program comprising at least 5000 metres of diamond drilling :
Copaquire - Cerro Moly Phase II Drill Hole Summary |
||||||
|
From (m) |
To (m) |
Width (m) |
% Mo |
% Cu |
|
Hole # |
|
|
|
|
|
|
CQ 32 |
12.0 |
192.0 |
180.0 |
0.050 |
0.14 |
|
including |
12.0 |
64.0 |
52.0 |
0.070 |
0.10 |
|
|
192.0 |
380.0 |
188.0 |
0.022 |
0.11 |
|
All analyses were carried out at ALS Patagonia Laboratories, Coquimbo, Chile using the atomic adsorption spectro photogrametric (AA) technique following hot four-acid digestion.
Terence Walker MSc., P.Geo. is the qualified person under National Instrument 43-101 in charge of the program and the company’s exploration manager in Chile. The results should be considered preliminary exploration data.
ON BEHALF OF THE BOARD OF DIRECTORS OF
INTERNATIONAL PBX VENTURES LTD.
Gary Medford, Ph.D., P.Geo.
PRESIDENT AND CEO
Office: 604 681 7748
Toll Free: 1 877 681 1154
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.