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Bullboard - Stock Discussion Forum Kobex Capital Corp V.KXM

"Kobex Minerals Inc was formed on September 17, 1979 in Canada, formerly Kobex Minerals Inc. It is an investment company. The Company's investment objectives is high return investment opportunities in the natural resource sector and preserve capital and limit downside risk by targeting opportunities with attractive risk to reward profiles."

TSXV:KXM - Post Discussion

Kobex Capital Corp > ppm.h seeking nickle-copper
View:
Post by blueskyflyer on Apr 01, 2013 8:26am

ppm.h seeking nickle-copper

in Brazil.    Dr. Roman Shklanka chairman

NEWS RELEASE   
 
PACIFIC IMPERIAL MINES
  ACQUIRES BRAZILIAN NICKEL – COPPER PROPERTY
 
Vancouver,  BC  –  December  4,  2012  Pacific  Imperial  Mines  Inc.  (“the  Company”)  (TSX-VENTURE-NEX:PPM.H)  is
pleased to announce that the Company, through its Brazilian subsidiary, Pacific Imperial Mineração do Brasil Ltda. was the
successful bidder and has been awarded a 100% interest in the Marcionilio Nickel-Copper property (“the Property”).    The
Property was recently offered for public tender by the owner, Companhia Baiana de Pesquisa Mineral (CBPM).
 
CBPM is a Bahia State-owned mineral exploration company that carried out the initial exploration work and identified the
Property as having economic mineral potential.    The Company expects to sign the exploration and development contract
for the Property with CBPM in early January, 2013.
>???????????
 
The  Property,  about  10,090  hectares  in  size,  is  located  in  east-central  Bahia  State  within  an  area  offering  excellent
infrastructure.    CBPM recently carried out an airborne geophysical survey followed by a program of geological mapping,
soil and rock geochemistry, and an induced polarization (IP) survey directed at evaluating the selected targets.
 
The initial exploration work has outlined two targets; a nickel-copper occurrence within a mafic-ultramafic igneous complex
and iron titanium-vanadium mineralization within a gabbro- anorthosite complex.    On the nickel-copper target, a zone 1100
meters by 300 meters of anomalous nickel and copper in soil and rock, co-incident with a 1300 meter-long IP anomaly, was
outlined and is ready to be tested by drilling.
 
The  Company  intends  to  complete  a  NI  43-101  compliant  report  on  the  property  for  submission  to  the  TSX-Venture
exchange in order to qualify the property as one of merit.   
.
For further information contact:
PACIFIC IMPERIAL MINES INC.
H. Leo King, President   
Tel: 604-669-6332/ Fax: 604-688-9336
E-mail: investor@pacificimperialmines.com
 
On behalf of the Board of Directors
PACIFIC IMPERIAL MINES INC.
            “Leo King”
             
H. Leo King, President
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release.

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