Apr 21 2015
Iberian Minerals Ltd (the "Company") is pleased to announce that it has retained International Geophysical Technology, S.L. to conduct a high-resolution airborne magnetic survey on the Cehegin Iron Ore Project in Southeastern Spain.
The aeromagnetic survey marks the first stage of an aggressive multiphase exploration program to be undertaken during the 2015 season.
International Geophysical Technology will commence a 1,122 line kilometre (100 metre line spacing) helicopter-borne magnetic survey. The helicopter will be equipped with an attached aviation-certified boom housing the airborne magnetometer.
The main objectives of the airborne survey are to confirm and define the extent of several additional targets that have been identified through a data compilation program, which was compiled during the 1980's by Altos Hornos de Viscaya, the former operators of the Cehegin Iron Ore mine. These targets exhibit similar geological features to the previously mined region of the Cehegin and are interspersed throughout the project. This information will allow the Company to identify additional iron targets for the upcoming reconnaissance drill program.
An extensive body of information will be gathered during the next several months and this will be compiled and assessed with a view to effectively and efficiently plan subsequent exploration programs.
Mr. Stanley C. Bartlett, M.Sc., PGeo is responsible for the technical reporting in this news release and is the Company's "Qualified Person" for the purpose of NI 43-101.
About Iberian Minerals
Iberian Minerals is a Canadian junior mining company focused in Spain. The Company is currently studying the re-opening of the Cehegin iron ore concessions in south-eastern Spain and is in the process of evaluating a number of additional resource assets throughout Spain. For further information go to www.iberianminerals.ca.
Source: http://www.iberianminerals.ca/