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    Iberian Minerals Announces Drill Results From New Zone West of Aguas Tenidas Mine

    Investing News Network
    Oct. 25, 2011 02:00PM PST
    Base Metals Investing

    Iberian Minerals Corp. (TSXV:IZN) reported that a new significant sulphide area has been outlined to the west of the old Aguas Tenidas Mine.

    Iberian Minerals Corp. (TSXV:IZN) reported that a new significant sulphide area has been outlined to the west of the old Aguas Tenidas Mine.

    As quoted in the press release:

    The old mine, located north of the current operation, and adjacent to the new zone, was in operation from 1916 to 1934, and produced 419,681 tonnes of 5.66% copper. High grade zinc/lead sulphides (with 10-15% combined zinc and lead) were also present; however this was not exploited at the time. This new zone named “Orebody MS-4″ targeted the fourth geophysical anomaly of the Titan 24 results, and has approximate dimensions of 500 meters on strike, 200 meters on dip and an average thickness of 3.5 – 4 meters. The mineralization is similar to that of the Aguas Tenidas ores and would have an average specific gravity of 4.5 tonnes/ m3.

    Click here to read the Iberian Minerals Corp. (TSXV:IZN) press release

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