PBX Acquires Claims West of Its Copaquire Copper-Molybdenum-Rhenium Project

International PBX Ventures Ltd. announce that it has acquired an additional 2,100 hectares (21 sq.kms) in the prolific Chilean copper-molybdenum porphyry belt. The Huatacondo claims are located 8kms west of the Company’s wholly-owned Copaquire Copper-Molybdenum-Rhenium property. Both the Huatacondo and Copaquire claims are located in the Quebrada Blanca district of the copper-moly porphyry belt.... 

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PBX Makes Final Option Payment on Its Copaquire Copper Moly Property, Chile

International PBX Ventures Ltd. announce that it has made a final payment of $750,000 on its option to purchase a 100% interest in the Copaquire property in northern Chile. The option agreement was signed on January 16, 2004 and the total amount paid was $2,100,000. The vendor retains a 2% NSR subject to a buy out by PBX for US$2,000,000 or alternatively for US$1,000,000 per percentage point. To date...