International Base Metals Limited (IBML) is an Australian unlisted mineral exploration company with an experienced management team of mining industry professionals.
The last eigtheen months have seen significant progress for IBML. The Company has acquired three exploration project areas in Namibia (southern Africa) covering nine Exclusive Prospecting Licences (EPLs), with known copper mineralisation and excellent potential for resource definition as well as three large Exclusive Reconnaissance Licences (ERLs)
In addition the Company has secured a cornerstone investor, Chinese explorer West Minerals Pty Ltd, which has invested A$2 million. Together with an upcoming Placement, this will fund IBML through to an Initial Public Offering (IPO) planned for late 2008.
