International PBX Ventures Ltd.
TSX VENTURE : PBX

International PBX Ventures Ltd.

April 25, 2007 09:00 ET

International PBX Ventures Ltd.: Copaquire Molybdenum-Copper Porhyry, Chile

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 25, 2007) - International PBX Ventures Ltd. (TSX VENTURE:PBX) is pleased to report continuing excellent results from the molybdenum-copper resource definition program comprising 10,000 metres of diamond drilling.



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From To Width
Hole # (m) (m) (m) % Mo % Cu Comments
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CQ 43 50.0 116.2 66.2 0.032 0.13 abandoned in fault
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CQ 44 18.0 342.0 324.0 0.063 0.09 Primary sulphide
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including 18.0 86.0 68.0 0.069 0.23
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86.0 186.0 100.0 0.086 0.07
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Note: 0.01% Mo equals 0.2 lb/short ton
0.1% copper equals 2.0 lb/short ton
Hole locations are posted on www.internationalpbx.com.


All analyses were carried out at ALS Patagonia Laboratories, Coquimbo, Chile using the atomic absorption spectro photogrametric (AA) technique following hot four-acid digestion.

Terence Walker MSc, P.Geo., is the qualified person under National Instrument 43-101 in charge of the program and the company's exploration manager in Chile. The results should be considered preliminary exploration data.

Copaquire is located in northern Chile on the west fissure which hosts some of the largest copper-molybdenum porphyry mines in the world. It is the last well-exposed major porphyry system in Chile yet to be fully explored. The company has an option to purchase a 100 per cent interest in the property.

ON BEHALF OF THE BOARD OF DIRECTORS OF INTERNATIONAL PBX VENTURES LTD.

Dr. Gary Medford, P.Geo., President and CEO

The company relies on "forward-looking" statement litigation protection.

TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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