International PBX Ventures: Drilling Begins on Sulfato Copper Zone

International PBX Ventures Ltd. (TSX VENTURE:PBX) reported that the Phase II drill program has now begun on the Sulfato copper zone on its wholly-owned Copaquire copper-molybdenum-rhenium project in northern Chile.

The press release is quoted as saying:

Phase I was recently completed with the resulting Preliminary Assessment Report (PA) prepared by AMEC Mining and Metals S.A. The PA suggests the Copaquire copper molybdenum resource which encompasses only 15% of the entire porphyry will be mined by open pit and AMEC has developed an ultimate pit and selected a scoping level production plan to process 36,000 tonnes of mill feed per day.

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