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Oz Minerals to Potentially Earn 90% Interest in Copaquire for $90M Payment To Int’l PBX Ventures *Client*

Posted by AGORACOM-JC at 2:54 PM on Wednesday, January 2nd, 2013


Terry Lynch, President of International PBX Ventures Ltd. Goes Beyond the Press Release to discuss PBX Signing JV option agreement to allow OZ Minerals to earn a 90% interest in Copaquire by making cash payments of $90 million and drilling up to 30,000 meters.

OZ Minerals Now Drilling Multiple Targets

The Copaquire project is one of the most unique copper-moly projects in all of South America containing both high grade molybdenum and copper. A molybdenum rich core (Cerro Moly) surrounded by a large porphyry copper system (Sulfato) with grades of up to 2% copper.

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