08 , 2003
TIERRA DE ORO GOLD CAMP, CHILE, RETURN NEGOTIATED:
ZULEMA IS MINERALIZED
The company has been successful in negotiating
the return and full release of the Tierra de Oro Gold Camp
from the optionee (news release of May1,2002) with payment
of $12,500. The Tierra de Oro Gold Camp covers over 20 sq
km and hosts numerous pits and shafts from early 1900 mining
and highgrading that are located along more than 30 linear
kilometers of intersecting major gold-bearing structures within
oxidized granitic rock.
The property possesses many drill-ready highgrade
underground and open pit targets and has negligible overburden.
The company has a 100% interest in the property
The company is pleased to report that our
joint venture partner on the Zulema property has completed
a highly successful first phase of exploration in the search
for a Candelaria type copper-gold IOCG deposit.Our company
will retain a 30 per cent interest in the property. Readers
are referred to the Pathfinder Resources news release yesterday
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