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Iberian Minerals Corp. Announces Change to the Board of Directors

09:00 EDT Thursday, August 14, 2008

TORONTO, ONTARIO--(Marketwire - Aug. 14, 2008) - Iberian Minerals Corp. (TSX VENTURE:IZN) Iberian Minerals Corp. ("Iberian" or the "Company") announces that Mr. Thomas Savage Aguilar has tendered his resignation as a director of Iberian in order to pursue other business alternatives.

Iberian would like to thank Mr. Savage for his contributions to the Company during his tenure as a director and wish him well in his future endeavours. Iberian has begun a search to find a suitable replacement director for the departing Mr. Savage.

About Iberian Minerals Corp.

Iberian Minerals Corp. is a Canadian-based global copper and zinc company with developing and producing interests in Spain, the Aguas Tenidas Project and Peru, the Condestable Mine. Iberian Minerals Corp. is well-funded with a strong, experienced management team and a significant partner in its largest shareholder, Trafigura Beheer B.V.