The document discusses Iberian Minerals' operations and projects. It provides production estimates for 2011 of 107,775,600 pounds of copper and 74,715,600 pounds of zinc. It also notes that Iberian Minerals has over 29 million tonnes of consolidated reserves across its projects. The document highlights the Condestable mine in Peru and the Aguas Tenidas mine in Spain as the company's core assets.

1. Click to edit Master title style
June 2011

2. Forward Looking Statements
This presentation contains certain “forward-looking statements” and “forward-looking information” under applicable securities laws.
Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Forward-looking
statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, and
other similar words, or statements that certain events or conditions “may” or “will” occur. Forward looking information may include,
but is not limited to, statements with respect to the future financial or operating performances of the Corporation, its subsidiaries and
their respective projects, the timing and amount of estimated future production, estimated costs of future production, capital,
operating and exploration expenditures, the future price of copper, gold and zinc, the estimation of mineral reserves and resources, the
realization of mineral reserve estimates, the costs and timing of future exploration, requirements for additional capital, government
regulation of exploration, development and mining operations, environmental risks, reclamation and rehabilitation expenses, title
disputes or claims, and limitations of insurance coverage. Forward-looking statements are based on the opinions and estimates of
management at the date the statements are made, and are based on a number of assumptions and subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking
statements. Many of these assumptions are based on factors and events that are not within the control of the Corporation and there is
no assurance they will prove to be correct. Factors that could cause actual results to vary materially from results anticipated by such
forward-looking statements include changes in market conditions and other risk factors discussed or referred to in the section entitled
“Risk Factors” in the Corporation’s annual information form dated March 30, 2011. Although the Corporation has attempted to identify
important factors that could cause actual actions, events or results to differ materially from those described in forward-looking
statements, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be
no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from
those anticipated in such statements. The Corporation undertakes no obligation to update forward-looking statements if circumstances
or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to
place undue reliance on forward-looking statements.
Unless otherwise stated, the information contained in this presentation is as of June 8, 2011. Unless otherwise stated, all dollars are
US$.
2

3. Corporate Summary
• Toronto Venture Exchange listed: IZN
• Stable Countries of Operations
• Peru – Condestable Mine (Cu/Ag/Au)
• Spain -Aguas Tenidas (Cu/Zn/Pb/Ag)
2010 Metal Production 2011 Production Estimate
95,840,940 lbs Cu 107,775,600 lbs Cu
38,636,120 lbs Zn 74,715,600 lbs Zn
• Recently awarded Sotiel Mine in Spain
• Consolidated Reserves 29Mt+
• More than 2,000 employees and contract
workers worldwide
• Strong management and operations teams
• Excellent environmental, social and safety
record
• Headquartered in Seville, with offices in
Toronto and Lima.
3

4. Capital Structure
Balance Sheet (in US$ '000s) Dec 31, 2010
Cash 12,964
Restricted Cash 3,809
Total Assets 567,042
Long Term Debt 128,577
Convertible Debenture 28,648
Shareholder's Equity 265,020
(All other figures on this page in Cdn$)
Common Shares 366.5M
Options 10.9M
Warrants1, 7.6M IZN six month chart
Debentures 2 44.6M
Fully Diluted 429.6M 52 week range $0.39-$1.09
(as at June 8, 2011) Market Cap June 1, 2011 $351M
Average daily volume (3 mo) 234,371
Major Shareholders
Trafigura Beheer B.V 48.4%
Hedgehog Capital LLC 10.7%
1 Warrants:
- 7.6M warrants exercisable at $1.30 expiring June 30, 2013.
2 Includes $25M convertible debenture, bearing interest at 7%, payable quarterly in arrears and mature on December 31,
2011. Exercise of warrants reduces remainder payable. Conversion results in 44.6M share issuance.
4

5. Analyst Coverage
Institution Analyst
BMO David Cotterell
Canaccord Capital Corp. Orest Wowkodaw
Cormark Securities Inc. Cliff Hale-Sanders
GMP Securities David Charles
Macquarie Capital Markets Canada Ltd Pierre Vaillancourt
Paradigm Capital Jeff Woolley
Versant Partners Anthona Curic
Wellington West Capital Markets Steve Parsons
5

6. Price / Net Asset Value
0.00x
0.20x
0.40x
0.60x
0.80x
1.00x
1.20x
1.40x
Duluth
Candente
Baja
PolyMet
Developer
Amerigo
Quadra FNX
Iberian
Producer
Developer Average
Inmet
Mirabela
Average
Imperial Metals
Breakwater
Anvil
Taseko
Nevada Copper
Producer Average
Price to Net Asset Value Comparison
Augusta
Equinox
Source: Bloomberg as at March 8, 2011; NAVs based on research analyst consensus.
Mercator
HudBay
Lundin
Capstone
Copper Mountain
First Quantum
Katanga
6

7. Iberian – Strong Copper Producer
2011E Production
350
Developer Producer
300
2011E Cu Production (kt)
250
200
150
100
50
0
KAT
AVM
IMN
HBM
FM
III
LUN
EQN
ML
MNB
BWR
IZN
ARG
CUM
TKO
CS
QUX
2012E Production 2013E Production
350 350
Developer Producer Developer Producer
300 300
2012E Cu Production (kt)
250 2013E Cu Production (kt) 250
200 200
150 150
100 100
50 50
0 0
KAT
AVM
FM
III
IMN
LUN
EQN
ML
HBM
MNB
BWR
ARG
CUM
IZN
TKO
CS
QUX
MNB
IMN
III
LUN
ML
HBM
FM
IZN
EQN
CS
QUX
KAT
CUM
BWR
AVM
TKO
Year Gold Silver Copper Zinc Lead
Source: Research analyst consensus 2011E $1,398.30 $26.65 $4.25 $1.10 $1.06
2012E $1,447.86 $27.50 $4.21 $1.14 $1.06
2013E $1,296.26 $23.75 $3.66 $1.11 $1.01
7

8. Iberian – Strong in Peer Group (Cu Eq)
2011E Production
450
Developer Producer
400
2011E Cu Eq. Production (kt)
350
300
250
200
150
100
50
0
MNB
IMN
III
ML
IZN
LUN
HBM
FM
EQN
CS
QUX
KAT
ARG
CUM
AVM
TKO
BWR
2012E Production 2013E Production
500 500
Developer Producer Developer Producer
450 450
2012E Cu Eq. Production (kt)
2013E Cu Eq. Production (kt)
400 400
350 350
300 300
250 250
200 200
150 150
100 100
50 50
0 0
CUM
ARG
KAT
AVM
HBM
FM
LUN
CS
QUX
EQN
TKO
BWR
IMN
MNB
ML
IZN
III
MNB
IMN
HBM
ML
III
IZN
EQN
LUN
QUX
KAT
FM
BWR
CS
AVM
CUM
TKO
Year Gold Silver Copper Zinc Lead
Source: Research analyst consensus
2011E $1,398.30 $26.65 $4.25 $1.10 $1.06
2012E $1,447.86 $27.50 $4.21 $1.14 $1.06
2013E $1,296.26 $23.75 $3.66 $1.11 $1.01
8

9. Accomplishments
• Commercial Production at Aguas Tenidas (1.7mtpa) (Oct 2009)
• Additional reagent permits for Aguas Tenidas (Feb 2010)
• Raul Mine $28M lease and royalty purchase (Mar 2010)
• Completed $55M debt refinancing at Condestable (Mar 2010)
• Completed $50M debt financing at Aguas Tenidas (Apr 2010)
• Received €10,093,472 grant from Junta De Andalucia (Jun 2010)
• Completed 30% expansion of Aguas Tenidas Plant – now at 2.2mtpa or 6,000 tpd (Sept
2010)
• Drill program initiated at Condestable (Sept 2010)
• Awarded Sotiel Copper Zinc Mine in Spain (May 2011)
• Announced $66M bought deal financing (May 2011)
9

10. Condestable Mine – Excellent Infrastructure
• 5th largest underground copper producer in Peru
• 90km from Lima, with excellent access to infrastructure
• Two mines – Condestable and Raul.
• One plant, operating at 6,000tpd
• Low direct costs due to minimal ground support and no
required backfilling
• Promising exploration potential
Condestable
Mine
10

11. Key Facts
• Purchased in 2008 for US$ 115M in equity –
deemed at $1.80 per share.
• Reserves – 10Mt @ 1.27% copper (as of
June 30, 2008)
• Historically replaces reserves each year
• Continuously operated for last 10 years
• 3 year collective labour agreement ongoing
(Jan 2012)
• Awarded 2009 & 2010 safest underground
mine in Peru
• 1,200 permanent employees
11

12. Condestable – Production & Guidance
Production Unit 2010 2011*
Ore Processed t 2,234,500 2,290,600
Concentrate DMT 92,300 92,700
Contained copper T 23,155 23,900
Contained copper lbs 51,033,620 52,675,600
Fine gold oz 13,800 15,500
Fine silver oz 291,000 289,300
• 2011 cash cost guidance US$ 1.15 per payable pound of copper
• 2010 estimated cash operating costs of US$ 1.03 per payable pound of copper.
• 2011 estimated average head grade of approximately 1.15% Cu, and recovery rate of
90% per year.
• Capex 2011 - US$ 10.2M
• 2011 Exploration Budget - US$ 1.9M (included in US$ 10.2 overall budget)
• Sustaining Capex - US$ 5M-7M
*Forecast as of Jan 2011
12

13. Geology
Condestable Mine
Raul Mine
200m
Copper mineralization at Condestable
occurs in stratiform sulphide-rich
replacement bodies (mantos) and
crosscutting sulphide bearing quartz veins
13

14. CMC - Modern Mining Operations
14

15. Near Mine Exploration Prospects
N
N
Condestable10
Future Exploration
Targets
San Marcos
Mala
Pacifico Sur
Condestable
80 Ha
Mine
Cerro Pacay
210 Ha
Vinchos Sur
85 Ha
5km Cerro Perico
175 Ha New prospects
15

16. Exploration – Vinchos Sur
• Part of Raul purchase, test work began at Vinchos Sur
in May 2010
• 1,800m drill program underway
• Recent drilling has confirmed continuity of
mineralization some 230m deeper than the current
mantos stope operations
Karina Vein
16

17. Exploration - Cerro Pacay (IOCG)
Nros:104-126 Cu 0.73% Nros:1648-1656 Cu 1.14%
N Nros.174-175 S
Nros: 1684 – 1699 Cu 0.91%
Sample No. 175
Sample No. 174
Structure 340ºN, cataclastita,
Vein – fault de 0.3 m, 230º/80NW,
with quartz veins of 0.1m
Boxes of diorita
Cu: 7.93%
Cu: 7.73%
Au: 6.07 g/t
Au: 12.1 g/t
Ag: 19.4 ppm
Ag: 18.25 ppm
Exploration (Oct – Dec 2010)
Scale1:2,000 210 Ha
Trenching and geochemical sampling
17

18. Aguas Tenidas – in Prolific Iberian Pyrite Belt
• Located in the Andalucia
province of Huelva in
southwest Spain. Aguas Tenidas
Rio Tinto Las Cruces
• 80km from Huelva, 120 km La Zarza Aznalcollar
from Seville.
• Part of a roughly east-west Seville
striking chain of VMS deposits
which includes: Huelva
- Neves Corvo (Lundin Mining)
- Las Cruces (INMET Mining)
- Rio Tinto (EMED Mining)
- Aznalcollar (Boliden)
Cadiz
- Aljustrel (Almina)
- La Zarza (Antofagasta & Ormonde)
Algeciras
18

19. Mine & Processing Infrastructure in Place
Paste Plant
Tailings Area
Processing Plant
Santa Barbara Ramp
Crusher
19

20. Key Facts
• New processing plant & low debt
• Two types of ore: cupriferous &
polymetallic
• Commercial production @ 1.7mtpa
declared October 2009
• 30% Expansion Complete 2010 – now
operating at 2.2mtpa (6,000tpd)
• Exploration potential on strike and in
vicinity
• JV with Cadillac Ventures on strike with
mine
20

21. Aguas Tenidas – Production & Guidance
Production Unit 2010 2011
Total Ore Processed t 1,681,200 2,200,000
Copper Ores t 1,173,200 1,310,000
Copper concentrate DMT 80,540 97,500
Contained copper t 17,860 21,500
Contained copper lbs 39,363,440 47,386,000 • 2011 Operating costs of
Copper recovery rate % 83 83
Copper concentrate grade % 22 22 US$1.75 per payable pound of
Copper grade % 1.84 1.97 copper.
Polymetallic Ores t 508,000 890,000 • 2010 YTD operating costs of
Copper concentrate DMT 8,460 17,500
Contained copper t 2,470 3,500 US$ 2.05 per payable pound
Contained copper lbs 5,443,880 7,714,000 of copper (as of Q3 2010)
Copper recovery rate % 37 42
Copper concentrate grade % 22 22 • Capex 2011 – US$ 28M
Copper grade % 1.18 1.00
Zinc concentrate DMT 36,190 69,000
• Exploration 2011 – US$ 2.6
Contained zinc t 17,320 33,900 for surface exploration
Contained zinc lbs 38,173,280 74,715,600
Zinc recovery rate % 63 66 • Sustaining Capex US$ 15-
Zinc concentrate grade % 47-49 49
Zinc grade % 5.51 5.80
20M
Lead concentrate DMT 1,180 8,500
Contained lead t 220 3,700
Contained lead lbs 484,880 8,157,100
Lead concentrate grade % 18-20 43.5
Lead recovery rate % n/a 50
Fine silver (from Copper & Poly) oz 696,530 730,000
21

22. Operations – Modern Fleet
22

23. Operations – Newly Expanded
23

24. Newly Expanded Processing Plant
24

25. Long Section – Potential to the West
500m
Long section view of Aguas Tenidas Resource Limits from Adam Wheeler 43-101
25

26. Exploration – Potential Expansion
26

27. Metal Production
Metal Production Life-of-Mine
(tonnes)
100,000
90,000
91,126
80,000
70,125 77,448
70,000 74,973
60,000
t
50,000
46,435
42,643
40,000 39,660 43,860
33,220
30,000
29,304 29,873
28,170 27,438 27,923
22,919 26,835
20,000 24,037
8,233 16,092 15,532 19,587
10,000 13,944 9,436
9,879 8,035 8,324
4,530 6,909 7,207
0
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Copper Lead Zinc
Based on Report 43-101 Technical Report by Adam Wheeler, 11 September 2009
27

28. Sotiel Mine – near term potential
• Sotiel is located 35km from Aguas Tenidas, which will allow
materials to be transported by road or railway for processing
at an expanded processing plant.
• The newly awarded property consists of 17 concessions and
covers approximately 200ha2.
• Similar to Aguas Tenidas, Sotiel has 1/3 cupriferous and 2/3
polymetallic ores and was in operation until 2002.
• The mine previously operated at 3,000tpd, and similar results
are expected going forward.
• While operating, the mine produced approximately 8.4MT of
polymetallic ores at 4.52% Zn (1983-2000) and approximately
1.1MT of cupriferous ores at 3.27% copper (1994-2000) Copper Reserves at Migollas
• The Company intends to undertake a new drilling
program to further define the inferred resource
category.
• Further drilling at the Migollas Este deposit could
add more tonnage to existing resource.
• Work at Sotiel is scheduled to begin in June 2011
Cross section of the Mine, including historical drilling
28

29. Sotiel – Historic Resources
SOTIEL
POLYMETALLIC ORE CUPRIFEROUS ORE
T %Cu Zn Pb Tones %Cu Zn Pb
ORE MINED 1983-2000 8,438,500 4.52 1,102,000 3.27
RESOURCES MEAS. 2000
SOTIEL 577,000 0.56 5.57 2.24
SOTIEL EAST 941,000 0.73 5.71 2.62
MIGOLLAS ZONE 2 279,000 6.20 0.75 0.39
RESOURCES IND. 2000
SOTIEL 4,100,000 0.5 5.7 2.3
SOTIEL EAST 2,338,000 0.61 5.24 2.19
MIGOLLAS ZONE 1 4,940,000 0.60 4.77 2.24
MIGOLLAS ZONE 2 151,000 4.6 1.11 0.52
In 2000, a resource and reserve estimate was included in the final report to the government
authorities as part of the mine closure plan and was compiled using an earlier resource estimate
(prepared in accordance with the Australasian Code for Reporting of Mineral Resources and Ore
Reserves (the “JORC Code”)) along with substantiated drilling and block modelling.
29

30. Appendix
Hedging 31
Condestable Mine – Resources Tables 34
Aguas Tenidas Mine - Resource Tables 35
Aguas Tenidas Mine – JV Property 38
Board of Directors 39
Management 40

31. Hedging
Copper Hedging - Condestable Gold Hedging - Condestable
60,000 20,000
50,000
15,000
Pounds in '000s
40,000
Ounces
10,000 Production
30,000 Production
Hedged
20,000 Hedged 5,000
10,000
0
0 2011 2012 2013 2014
2011 2012 2013 2014
Copper Hedging - Aguas Tenidas Zinc Hedging - Aguas Tenidas
70,000 180,000
160,000
60,000
140,000
Pounds in 000's
Pounds in 000's
50,000 120,000
40,000 100,000
Production Production
80,000
30,000
Hedged 60,000 Hedged
20,000 40,000
10,000 20,000
0 0
2011 2012 2013 2014 2011 2012 2013 2014
29

32. Hedging - Condestable
As of February 11, 2011, production at the Condestable Mine has been hedged as follows:
Forward Contracts:
Metal Period Unit Pricing (U.S.$)
FMT Pounds (000s) $/tonne $/lb
Copper 2011 20,625 45,457 3,494 1.59
Copper January 2012 1,750 3,857 3,408 1.55
Ounces $/oz
Gold 2011 2,400 741.50
Copper Collar Hedge Ranges:
Period Unit Pricing (U.S.$)
Floor Ceiling
FMT Pounds (oos) $/tonne $/pound $/tonne $/pound
February 2012 - March 2013 7,000 15,428 $6,500 $2.95 $8,760 $3.97
1,050 2,314 $7,500 $3.40 $10,450 $4.97
1,960 4,320 $8,000 $3.63 $10,970 $4.98
3,990 8,794 $8,000 $3.63 $10,950 $4.97
• The hedging has been executed using a zero cost collar hedging strategy whereby positions
have been entered into to achieve a minimum hedge price (floor) and a maximum hedge price
(ceiling). There is no cost to the Company for this collar hedging strategy.
• The counter party to all contracts is Condestable's senior secured lender (Societe Generale) and
is without any margin call requirements.
30

33. Hedging – Aguas Tenidas
The hedging forwards for Aguas Tenidas Mine, as of June 30, 2010 are as follows:
Metal Period Unit Price (U.S.$)
FMT Pounds (000s) $/tonne $/lb
Copper 2011 19,602 43,203 4,865 2.21
Copper 2012 17,496 38,561 7,390 3.35
Copper January-March 2013 1,800 3,667 7,319 3.32
Zinc 2011 16,848 37,133 1,601 0.73
Zinc 2012 13,446 29,635 2,042 0.93
Zinc January-March 2013 1,125 2,479 2,272 1.03
31

34. Condestable – Reserves & Resources
• Strong record of reserve replacement
• Mine continuously operated for 10+ years
Mineral Resources as at June 30, 2008
Classification 000's tonnes % Copper
Measured 5,246 1.76
Indicated 2,433 1.82
Total Measured & Indicated 7,679 1.77
Inferred 8,806 1.24
Proven and Probable Reserves as at June 30, 2008
Classification 000's tonnes % Copper
Proven 6,696 1.27
Probable 3,120 1.3
Total Proven & Probable 9,816 1.28
Stocks (Proven) 262 0.8
Total for Mining Plan 10,078 1.27
Extracted from SRK Consulting 43-101 Technical Report dated January 2009
32

35. Aguas Tenidas Reserves – Multi year mine life
Aguas Tenidas – Proven and Probable Mineral Reserves at 30th June, 2009
Reserve Category Mt
Proven 4.85
Probable 14.36
Total 19.21
Reserve Tonnes NSR
Cu % Zn % Pb % Ag g/t Au g/t
Category Mt Euro/t
Cupriferous
Proven 2.41 2.16 0.80 0.17 21.90 0.30 70.90
Probable 6.40 2.32 0.99 0.24 28.20 0.43 77.80
TOTAL 8.81 2.27 0.94 0.22 26.50 0.40 75.90
Polymetallic
Proven 2.44 0.87 6.48 1.86 62.90 0.87 82.20
Probable 7.96 1.28 6.48 1.98 70.80 0.78 101.50
TOTAL 10.40 1.19 6.48 1.95 69.00 0.80 97.00
Extracted from Report 43-101 Technical Report by Adam Wheeler, 11 September 2009
33

36. Aguas Tenidas Resources – 9 years + growing
Aguas Tenidas – Measured and Indicated Mineral Resources at 30th June, 2009
Combined Resources
Class Mt
Measured 11.72
Indicated 15.78
Total 27.50
Resource Category Mt Cu (%) Zn (%) Pb (%) Ag (g/t) Au (g/t)
Cupriferous
Measured 5.40 1.9 0.9 0.2 23.0 0.4
Indicated 6.76 2.4 1.1 0.3 32.1 0.5
Total 12.16 2.2 1.0 0.2 28.1 0.4
Polymetallic
Measured 5.39 0.6 6.7 1.8 56.3 0.8
Indicated 7.13 1.3 7.8 2.3 80.1 0.8
Total 12.52 1.0 7.3 2.1 69.8 0.8
Stockworks
Measured 0.93 2.0 0.3 0.1 9.4 0.1
Indicated 1.89 1.7 0.1 0.1 6.1 0.1
Total 2.82 1.8 0.2 0.1 7.2 0.1
Extracted from Report 43-101 Technical Report by Adam Wheeler, 11 September 2009
34

37. Aguas Tenidas - Inferred Resources
Aguas Tenidas – Inferred Mineral Resources at 30th June, 2009
Total Inferred Resources
Mt 10.62
Class Mt Cu % Zn % Pb % Ag g/t Au g/t
Cupriferous
Main Zone 1.34 3.52 0.61 0.08 23.00 0.44
Western Extension 6.25 1.99 1.51 0.50 37.70 0.67
Total 7.59 2.26 1.35 0.42 35.10 0.63
Polymetallic
Main Zone 0.87 1.24 10.33 2.63 111.20 0.88
Western Extension 1.94 1.64 4.00 1.31 64.70 0.56
Total 2.81 1.52 5.96 1.72 79.10 0.66
Stockworks
690800-691060 0.22 1.38 0.05 0.02 4.60 0.03
Extracted from Report 43-101 Technical Report by Adam Wheeler, 11 September 2009
35

38. Aguas Tenidas - Exploration
AGUAS TENIDAS
• The properties, totalling 232 km2 are in
various stages of exploration and many are
contiguous with the Aguas Tenidas
property.
• Located on the Iberian Pyrite Belt- one of
the largest concentrations of sulphides in
the earth’s crust, the area contains eight
known massive sulphide deposits larger
than 100mt along with many smaller
deposits
• By expending $3 million in exploration
expenditures, Cadillac may earn a 90%
participating interest in the properties.
36

39. Board of Directors
Norman Brewster P.Geo, Chairman of the Board, Director – Norman is a geologist who
joined IZN in 2002. He also sits on the board of Cadillac Ventures Inc.
Philippe Blavier, Director – Philippe is Chairman of the Company’s Audit Committee
and a member of the Remuneration Committee of the Company. He has extensive
experience at BNP Paribas, where he was Head of Corporate & Investment Banking
and Member of the Executive Committee.
Jesus Fernandez, Director – Jesus has been part of the Trafigura team since 2004 as
Manager of the Corporate Finance team, with an emphasis on mining and
downstream oil project investments. He joined IZN’s board in 2008.
L. Jack Gunter, P.Eng, FIMM, Director – Jack has over 45 years experience in the mining
industry. He has worked previously with Rio Tinto and Phelps Dodge, and also sits
on the board of Galantas Gold Corp.
Murray John, Director – Murray is an engineer with more than 25 years experience in
the resource industry. He is currently the President & CEO of Dundee Resources.
Jeremy Weir, Director – Jeremy works as Executive Director and Manager at Trafigura,
where he has also been head of the metals derivatives trading structured products
and risk management departments.
Daniel Vanin, Director – Daniel is the President and CEO of Iberian.
37

40. Management
Daniel Vanin – P.Eng, President & CEO – Daniel has worked in the mining industry for over 30 years and has strong
international mine development and management skills with extensive experience in Canada, South
America, Africa and Russia. He is a professional mining engineer and graduated from McGill University,
Montreal, in 1975. Most recently, Daniel was Executive VP & Chief Operating Officer at High River Gold.
Prior to that, he was Chief Executive Officer of RBG Resources Plc, in Bolivia, where he managed all
operations, project development and construction at the Vinto smelter and Huanuni tin mine.
Jeff Hillis, CFO - Jeff joined Iberian in June 2009. He has worked in the mining industry for over 5 years in progressively
more senior finance and reporting positions. He most recently served as CFO of a TSX listed mining
company based in Toronto. Jeffrey is a Chartered Accountant (Ontario, 2001). He worked for three years
in the audit group of Ernst & Young with major clients in the mining industry.
Johny Orihuela Avila, Operations Manager, Condestable Mine - Johny is a Mining Engineer, graduated from
Universidad Nacional de Ingeniería in 1990. With a postgraduate degree in Mining Management from
Universidad San Ignacio de Loyola. With extensive experience in the mining industry having worked with
numerous companies including Perubar, Iscaycruz and Exsa, he has worked as a General Superintendent
of Mines at Volcan and General Superintendent at Companía Minera Atacocha. Johny has Operations
Manager at Condestable since November 2005.
Robert L. Byrd, General Manager, Aguas Tenidas Mine - Bob joined Iberian in April of 2010, and has over 30 years in
the mining industry in both base and precious metals, principally in Latin America. He is a graduate of the
Colorado School of Mines, and Boston University. Most recently, Bob was President and General
Manager for Pan American Silver in Bolivia. Prior to that, he held positions with Breakwater Resources Ltd
as General Manager, El Mochito in Honduras, through Vice-President, Latin America overseeing
operations in Honduras, Nicaragua and Chile. Prior to joining Breakwater Bob was employed by ASARCO
at both the Southwest Mining Department, and the Tennessee Mines Division.
38