Iberian Receives EUR10,093,472 Grant from Junta De Andalucia

Iberian Minerals Corp. (TSX VENTURE:IZN) reported that the previously announced grant of €10,093,472 from the Junta de Andalucia has been received in full by Minas de Aguas Tenidas, S.A.U.

The press release is quoted as saying:

Iberian Minerals Corp. is a Canadian listed global base metals company with interests in Spain and Peru. The Condestable Mine, located in Peru approximately 90 km south of Lima operates at 2.2 million tonnes per year producing copper, and associated silver and gold in a concentrate. The Aguas Tenidas Mine is in the Andalucia region of Spain approximately 110 km north-west of Seville and operates a 1.7 million tonnes per year underground mine and concentrator that produces copper, zinc and lead concentrates that also contain gold and silver. Plans are underway for a plant expansion resulting in a capacity of 2.2 Mtpa at Aguas Tenidas.

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