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209 - 475 Howe Street
Vancouver, BC Canada V6C 2B3
TEL: (604) 681-7748 • FAX: (604) 681-0568
Canadian Venture Exchange Symbol: PBX
EMAIL: [email protected]
WEB SITE: www.internationalpbx.com

 

 

November 18 , 2004

CAUTIONARY NOTICE ON TABACO PROJECT RESOURCE

 

As a result of a review by the the British Columbia Securities Commission we are issuing the following press release to clarify our disclosure:

The company previously reported certain mineral resources on our website with respect to the company’s Tabaco property. These estimates do not qualify as current mineral resources and reserves under NI 43-101 and are not supported by a technical report filed on SEDAR. Therefore the company issues the cautionary statement that is has not done the work necessary to verify the classification as “historical” estimates and is not treating them as current mineral resources or reserves and these historical estimates should not be relied upon. The company anticipates that in the next six months additional work including further drilling will be carried out on this property following which a technical report will be filed.

 

 

BY ORDER OF THE BOARD

Gary Medford

DIRECTOR


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

The company relies on “forward- looking” statement litigation protection.