International PBX Ventures Ltd. announced that it has identified several potential porphyry targets on its 100% owned 4,500 hectare Sierra Pintada property which covers 15 kilometers of the Atacama fault system in the Chilean coastal copper-gold belt 650 kilometers north of Santiago. The most interesting target being a new discovery of a mineralized Au+Cu bearing highly silicified brecciated quartz porphyry dyke extending over 1 kilometer coincident with a large IP chargeability anomaly. The company's prior exploration programs on the Sierra Pintada identified two strong copper and gold-bearing mineralised structures, Vina and Gloria, each at least 15 kilometres in length and 50 to 200 metres in width. Wherever these structures emerge from beneath overburden they are the centers of numerous prospect pits, adits and shafts to depth of 50 metres on high grade Cu-Au (Ag,+/-Co) and Au-Cu (Ag) fissure veins from 1-5 metres in width. The discovery of a new Au-Cu bearing mineralized silicified brecciated quartz porphyry dyke coincident with a strong IP target greater than 1 km long is now considered the highest priority target on the Sierra Pintada property. During a 2009 field evaluation, a silicified brecciated quartz porphyry dyke with up to 30% fine disseminated pyrite running up to 0.685 g/t Au, 6.2 g/t Ag and 0.0365% Cu was discovered directly above the strongest part of the IP target. The IP geophysical survey also outlined a buried unexplained 1.2 kilometer long IP target coincident with a 500 meter wide resistivity-low trend striking northeast through the Gloria Zone. This resistivity-low is coincident with part of the main northeast trending Atacama fault system known to host most of the Au bearing zones on the Sierra Pintada property. In the Tortora Zone (southern extension of the Gloria Zone) a 500 meter long by 300 meter deep resistivity low anomaly occurs coincident with a gold bearing alteration zone. Recent samples taken from the open cut and from stockpiles returned anomalous Au-Ag with grades of up to 7.86 g/t Au and 7.4 g/t Ag. Several other samples were taken from much smaller hand worked open cuts approximately 2 kilometers to the northeast along strike from the area of active workings and returned high grade values of up to 17.35 g/t Au and 1.8 g/t Ag. Numerous old trenches, adits and open cuts from 1-10 metres wide, with conspicuous green oxide copper minerals, are present throughout this sector. Chip sampling results from 2004 ranged from 0.2% to 8.0% Cu and 0.1 g/t and 2.5 g/t Au over 1-5 metre widths .

International PBX Ventures Ltd. reported consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported net loss of CAD 194,409 compared to CAD 4,747,718 or CAD 0.06 per basic and diluted share for the same period previous year. Net operating loss before other items was CAD 208,645 compared to CAD 456,134 for the same period previous year. Net cash used in operating activities for the period was CAD 221,391 compared to CAD 325,653 for the same period previous year. Expenditure on acquisition of mineral properties was CAD 16,594 and Expenditure on acquisition of equipment was CAD 4 compared to expenditure on acquisition of mineral properties of CAD 741,768 and Expenditure on acquisition of equipment of CAD 5,875 for the same period in 2008. For the six months, the company reported net loss of CAD 516,036 or CAD 0.01 per basic and diluted share compared to CAD 5,346,403 or CAD 0.07 per basic and diluted share for the same period previous year. Net operating loss before other items was CAD 531,897 compared to CAD 1,056,603 for the same period previous year. Net cash used in operating activities for the period was CAD 536,339 compared to CAD 1,688,144 for the same period previous year. Expenditure on acquisition of mineral properties was CAD 111,363 and expenditure on acquisition of equipment was CAD 2,227 compared to expenditure on acquisition of mineral properties of CAD 2,413,230 and expenditure on acquisition of equipment of CAD 12,987 for the same period in 2008.

International PBX Ventures Ltd., Annual General Meeting, Sep 25, 2009, at 10:00 US Pacific Time. Location: Suite 200 – 475 Howe Street, Vancouver, British Columbia,Canada. Agenda: To receive the company's audited financial statements for the financial year ended December 31, 2008 and the auditor's report and management's discussion and analysis thereon; to re-appoint Manning Elliot LLP, Chartered accountants, as the company's auditor for the ensuing fiscal year and to authorize the directors to set the auditor's remuneration; to determine the number of directors and to elect directors for the ensuing year; to consider, and if thought fit, to approve the company's 2009 sock option plan; to consider, and if thought fit, to approve the re-pricing of certain stock option grants, as more particularly described in the accompanying information circular; and to approve the transaction of such other business as may properly come before the meeting and any adjournment thereof .