November 15 , 2007
The company is pleased to announce it has filed the report “Mineral Resource Estimate Copaquire Project, Region de Tarapaca, Provincia de Iquique, Region I, Chile” by Ronald G. Simpson, P.Geo. at SEDAR.com. The report expands on the company’s news release of October 1, 2007 as summarized below. (View Report)
|
Cutoff Grade (Mo%) |
Tonnes > Cutoff |
Average Grade |
Contained Metal |
||
Mo % |
Cu % |
lbs Mo |
lbs Cu |
|||
Indicated |
0.02 |
183,200,000 |
0.046 |
0.107 |
185,800,000 |
432,200,000 |
|
0.03 |
160,000,000 |
0.049 |
0.106 |
172,800,000 |
373,800,000 |
|
0.04 |
98,000,000 |
0.058 |
0.097 |
125,300,000 |
209,500,000 |
Inferred |
0.02 |
212,800,000 |
0.041 |
0.097 |
192,400,000 |
455,100,000 |
|
0.03 |
193,400,000 |
0.043 |
0.096 |
183,300,000 |
409,300,000 |
|
0.04 |
110,200,000 |
0.049 |
0.094 |
119,100,000 |
228,400,000 |
Drilling continues at Copaquire with three drills operating. Approximately one ton of mineralized rock has arrived at Vancouver for metallurgical testing in preparation for the Preliminary Economic Assessment program.
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.