Iberian Minerals Corp.

Iberian Minerals Corp.

September 11, 2007 11:49 ET

Iberian Minerals Corp. Announcement of New CFO Appointment

TORONTO, ONTARIO--(Marketwire - Sept. 11, 2007) - Iberian Minerals Corp. (the "Company") (TSX VENTURE:IZN) is pleased to announce the appointment of Mr. Harvey McKenzie to the position of Chief Financial Officer of the Company. As discussed in the press release of July 18th 2007 Mr. McKenzie is a CA with over 35 years of professional experience in public and private companies, many of those in the mining industry. At this time the Company would like to thank Mr. Leo O'Shaughnessy for his contributions to the Company during his tenure as CFO. Mr. O'Shaughnessy will continue to provide his expertise and knowledge to the Company on a consultancy basis going forward.

About Iberian Minerals Corp.

Iberian Minerals Corp., through its wholly owned subsidiary MATSA, is currently proceeding with the re-opening of the Aguas Tenidas copper/zinc project located in the Region of Andalucia, SW Spain. In January 2006, a feasibility report on the project was prepared by SRK Consulting of Cardiff UK, which demonstrated the technical feasibility and economic viability of the project (press release January 20, 2006). Elements of this feasibility report have been updated by Adam Wheeler and RSG Consulting Pty Ltd. (press release of May 22, 2007), which is available at www.sedar.com. The Company has also signed a long-term offtake agreement with Trafigura Beheer AG for the sale of all its metal concentrates from Aguas Tenidas.

In addition to the Aguas Tenidas project the Company, through MATSA, holds an extensive land position of exploration properties within the Iberian Pyrite Belt.

This press release includes certain "Forward-Looking Statements" within the meaning of the US Private Securities Reform Act of 1995. Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". All dollar amounts are in Canadian dollars unless otherwise noted.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Iberian Minerals Corp.
    Peter Miller
    (416) 815-8558
    Iberian Minerals Corp.
    Norm Brewster
    (416) 815-8558