08:52 EDT Wednesday, April 07, 2010

TORONTO, ONTARIO--(Marketwire - April 7, 2010) - Iberian Minerals Corp. (TSX VENTURE:IZN) is pleased to announce that Robert L. Byrd will be joining Iberian as General Manager at Aguas Tenidas starting April 19th. Bob has over 30 years experience in the mining industry in both base and precious metals, principally in Latin America and 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, and oversaw the development and expansion of the San Vicente JV with COMIBOL, including the construction of a modern mill and tailings storage facility, which was inaugurated in early 2009. Prior to that, he held positions with Breakwater Resources Ltd beginning in the early 90's 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.

Daniel Vanin, President & CEO of Iberian said "We are very pleased to welcome Bob to our MATSA team. His experience in the mining industry and with copper projects in particular, will be a great asset to the Company. We are looking forward to having him as a part of our team