International
PBX Ventures Ltd. Discovers Large
3D IP Anomaly Below Existing Tabaco Copper Resource
International PBX Ventures Ltd.
announces the discovery of a large three dimensional (3D) Induced Polarization
(IP) anomaly located beneath the existing copper resource.? The anomaly is elongated northeast-southwest,
800 meters long by 400 meters wide and is open at depth and to the northeast.
The top of the anomaly ranges in depth from 50 to 250 meters.
!["Tabaco 3D IP Anomaly" Tabaco 3D IP Anomaly](http://internationalpbx.com/listmessenger/public/images/3DIPAnomaly_thumb.jpg)
The 2003 and 2006 drill programs
did not confirm the presence of a porphyry copper system. However it did
encounter strong copper skarn mineralization normally found marginal to
porphyry copper systems.?? In addition,
several geologists have observed that the extent of surface alteration is
disproportionately greater than the amount of copper mineralization drilled to
date. The IP survey was undertaken to test if a copper porphyry system exists
at a greater depth than has been previously drilled. Unlike a conventional 2D
IP, the current IP survey has deeper penetration and produces a geophysical 3D
model in keeping with the geometry of the geological model.
Upon review of the new geophysical
results, earlier drilling appears to have intersected the upper part of the
anomaly in drill hole TAB01-03 which returned 44.0 meters of 1.29 percent
copper.
The company is in the process of securing a drill capable of
testing this anomaly.
ON BEHALF OF THE BOA RD OF DIRECTORS OF
INTERNATIONAL PBX VENTURES LTD.
George Sookochoff, CEO