International PBX Ventures Ltd
(TSX.V: PBX)
George Sookochoff, CEO

 

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International PBX Ventures Ltd. is a resource exploration company involved in exploring for gold, copper and molybdenum in Chile. Through its Chilean subsidiary, Minera IPBX Limitada, International PBX Ventures Ltd owns title to 8 properties totaling 25,000 hectares. The main project the Copaquire, is an advance staged exploration project of 1,457 hectares covering a major copper-molybdenum porphyry system in the prolific copper-molybdenum porphyry belt of northern Chile. This belt contains the highest concentration of copper in the world. The property is approximately 8 kilometer west of Teck Resources’ Quebrada Blanca copper-molybdenum mine and 20 kilometer west of Xtrata/Anglo American’s Collahuasi mine. The company recently completed a positive preliminary assessment report on the Copaquire which shows the economics of the project benefiting from today’s strong copper and molybdenum metal prices.