Iberian Minerals reports Q2 net income of $47.8 Million

TORONTO, ONTARIO–(Marketwire – Aug. 16, 2011) – Iberian Minerals Corp. (TSX VENTURE:IZN) today announced financial and operating results for the three and six month periods ended June 30, 2011, with comparative figures for the three and six month periods ended June 30, 2010. The unaudited condensed consolidated financial statements and related notes, and Management Discussion and Analysis may be found on www.sedar.com. Unless stated otherwise, all reported figures are in U.S. dollars. The Company reported net income of $47.80 million for Q2 2011, representing $0.13 per share.

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