21 , 2003
TABACO GEOPHYSICAL SURVEY YIELDS BIG TARGET
Management has just completed a field review
of its large Chilean gold, silver and copper property holdings
and prioritized its exploration efforts. With receipt of the
final induced polarization report on the Tabaco property the
company believes that a drill program should be mounted as
an immediate priority to test a substantial induced polarization
anomaly present at a minimum depth of about 125 metres and
wth a strike length of 1500 metres and a width of about 500
metres. The anomaly is well defined to a depth of about 300
metres where tested on one crossline and is open along strike.
In light of the extensive copper gold and silver mineralization
present on the property at surface and in previous shallow
drilling, management believes the possibility of intersecting
a copper-gold-silver primary sulphide body is exceptional.
The survey confirms the company's interpretation gained from
geological mapping that a porphyry system underlies the area.
BY ORDER OF THE BOARD
"Gary Medford, PhD., P.Geo."
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
INTERNATIONAL PBX VENTURES LTD.
608-475 Howe Street
Vancouver, BC CANADA V6C 2B3
Tel: (604) 681-7748
Fax: (604) 681-0568
Email: [email protected]
Trading Symbol: IVU - Canadian Venture