NEWS RELEASE

Stock Quote | Email | Home

INTERNATIONAL PBX GRANTS OPTION TO EXPLORE HORNITOS AND PALO NEGRO IOCG TARGET CLAIMS, CHILE

September 12 , 2007


The company is pleased to report that it has granted an option to Aldershot Resources Ltd. to explore the company’s Hornitos and Palo Negro claims. The claims cover 9700 hectares of the Atacama fault system which hosts major iron-oxide and iron-oxide-copper-gold deposits. For more details see the Aldershot news release issued today.

The company will receive one millon Aldershot common shares upon regulatory approval and Aldershot must expend $3 million ($250,000 committed) over four years to earn an eighty per cent undivided interest. International PBX will retain a twenty per cent carried interest

 

 

 

 

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.

©2007 International PBX Ventures Ltd.