International PBX Ventures Ltd. announce that it has acquired an additional 2,100 hectares (21 sq.kms) in the prolific Chilean copper-
molybdenum porphyry belt. The Huatacondo claims are located 8kms west of the Company’s wholly-owned Copaquire Copper-Molybdenum-Rhenium
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Both the Huatacondo and Copaquire claims are located in the Quebrada Blanca district of the copper-moly porphyry belt. In some districts of
the porphyry belt, there is more than one deposit, thus defining a cluster. The Quebrada Blanca cluster consists of four copper-moly
deposits: Teck Resources’ Quebrada Blanca, Xstrata/Anglo American’s Collahuasi Ujina and Collahuassi Rosario and PBX’s Copaquire (“The
Geology of Chile” Published by The Geological Society of London). The copper-moly deposits in this cluster are distributed transversely (E-
W) to the Domeyko fault. The Huatacondo claims are situated in this East-West trend.
George Sookochoff, President and CEO, said that “While the Huatacondo claims are early stage, we believe they represent quality exploration
targets at low entry costs in a region known to host numerous copper-moly porphyries.”
Amerigo Resources Ltd. a Canadian junior company producing copper and molybdenum from its MVC operations near Santiago, Chile announce that
the Company has received official confirmation that the Listings Committee of the Toronto Stock Exchange (“TSX”) has determined that the
Company satisfies TSX’s continued listing requirements. The Company’s reliance on the financial hardship exemption for its February 2009
financing resulted in a mandatory listing review pursuant to TSX Company Manual rules.[url=http://www.kenyacrusher.com/related-crusher-
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Dr. Klaus Zeitler, Amerigo’s President, stated, “Although we have always been confident Amerigo has met in the past and continues to meet
TSX listing requirements, we are pleased to receive official confirmation to this effect from the TSX.”
The Silver Bell District has produced more than 176 Mt at an average grade of 0.63% copper from skarn, secondary enrichment blankets, and
oxide copper deposits associated with a Laramide porphyry copper system, and had 1990 reserves reported in Long, 1995 of 185Mt at 0.61%
copper. Field work conducted by BCE geologists in 2007 revealed several lines of evidence pointing to multiple target areas within two,
largely untested zones of possible skarn and porphyry-style copper mineralization. Zone 1 lies in the southeast portion of the property,
where copper-rich skarn mineralization hosted in Paleozoic carbonate-rich units and related porphyry-style mineralization are projected to
underlie outcropping mineralized rocks composed of quartz-chalcopyrite vein swarms in Laramide igneous rocks and gold-bearing chalcopyrite-
chlorite-specularite +/- quartz veins in Mesozoic sedimentary rocks in the adjacent contact aureole. Zone 2 comprises the western portion of
the property, where new alteration mapping combined with the faulted and offset portions of structural blocks interpreted to contain the
known trends of porphyry copper and skarn mineralization project beneath cover rocks to the west of outcroping mineralization. Ten drill
sites have been permitted on the property, and Geo intends on conducting a first-round of drill test of Zone 1 in 2009, with BCE serving as
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