VANCOUVER, BRITISH COLUMBIA, Sep 14 (MARKET WIRE) –
International PBX Ventures Ltd. (the "Company") (TSX VENTURE: PBX) is
pleased to announce the discovery of a new copper porphyry mineralized
zone named "Copper South" located approximately 2.5 kms west of the
Sulfato South and Cerro Moly Zones.
The discovery was made from a geological prospecting and sampling program
south of the Guatacondo Creek. It consists of a strongly leached
clay-sericite altered zone, mixed with intermittent copper oxides (copper
wad, chalcantite and atacamite) along a north-south trending creek,
approximately 300 meters long by approximately 150 meters wide. The
Copper South porphyry is characterized at lower elevations by a potassic
altered porphyritic granodiorite with quartz stockwork veinlets, thin
coatings of copper oxides and remnant chalcopyrite along fracture
surfaces. The mineralized system remains open in all directions.