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608 - 475Howe Street
Vancouver, BC Canada V6C 2B3
TEL: (604) 681-7748 • FAX: (604) 681-0568
TSX VENTURE EXCHANGE SYMBOL: PBX
EMAIL: [email protected]
WEB SITE: www.internationalpbx.com

 


MARCH 18, 2004

WORK ON SIERRA PINTADA AND TABACO PROPERTIES COMMENCES

A crew has been mobilized to the Tabaco property camp to extend mapping and sampling of this oxide copper deposit as preparatory to commencing a second round of drilling. The area drilled in last years campaign covered only a 600 metre stretch of a 2.4 km oxide system. Extensive development of leachable oxide copper at a grade of 1 per cent copper, from surface down to about 30 metres, was encountered as well as the source underlying skarn sulphide copper mineralization with sections grading up to 1.6 per cent copper over 28 metres, and greater widths of 1 per cent copper. Induced polarization surveys also trace the sulphide system, at depth, over 2.4 km.

A crew has also commenced sampling of the Sierra Pintada property which comprises two approximately 100 metre wide zones, each about 12 km long. One zone hosts high grade gold showings with minor copper and the other high grade copper showings with minor gold.

Results of this work will be reported as received as well as gold results from ongoing sampling of our Tierra de Oro gold property.


BY ORDER OF THE BOARD

Gary Medford

DIRECTOR

 

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The company relies on “forward- looking” statement litigation protection

 

Contact: Robert A. Young: 1 877 626 2121
Vancouver office 604 681 7748