Ibero Mining Corp.
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- Ibero Mining Corp is a Canada-based junior exploration company focused on the acquisition and development of copper, gold, and silver mineral properties primarily in Portugal. The company holds advanced-stage copper-gold projects, including the flagship Miguel Vacas copper mine located in the Iberian Pyrite Belt, one of the world’s most significant polymetallic sulfide regions. Its core products and services include exploration, drilling, geological modeling, and resource delineation of copper and gold deposits. The company implements advanced drilling programs; it targets both shallow oxidized zones suitable for open-pit and heap leach extraction and deeper sulfide bodies using step-out drilling. Ibero’s portfolio also includes the Barrancos copper-gold projects and Borba 2 copper-gold projects in southern Portugal, with exploration licenses covering several past-producing and advanced-stage projects. It employs geochemical and geological modeling, detailed mapping, and modern core recovery technologies to develop its mineral resources and plans hydrometallurgical processing for efficient extraction. Founded in 2010 and headquartered in Vancouver, Canada, Ibero Mining operates mainly in Portugal but retains Canadian exploration roots. The company trades on the TSX Venture Exchange under the symbol "IMC" and on OTCQB as "AUCCF." Recent strategic changes include the rebranding from Europacific Metals Inc. to Ibero Mining Corp. in September 2024 to better align with its operational focus on the Iberian Peninsula. The company has completed several drilling campaigns at Miguel Vacas, confirming a wide mineralized quartz-breccia zone extending over 1.1 kilometers with significant copper grades, including a recent drill hole intersecting 19.9 meters grading 0.89% copper. It targets an inferred resource potential exceeding 20 million tons and plans expanded drilling programs through 2025 with additional geophysical surveys. In addition, a private placement in 2024 raised CAD 323,000 to fund exploration activities, particularly accelerating drilling and assay efforts at Miguel Vacas. The company remains focused on increasing resource estimates and refining its geological models, emphasizing sustainability and low-cost extraction methods. Ibero Mining operates within the mineral exploration industry, targeting institutional investors and stakeholders focused on copper and gold projects with near-term production potential. Its operational strategy leverages the historic yet underexplored Iberian Pyrite Belt’s geology, combining historical mining data with advanced technology to optimize resource discovery and development. The company has also entered agreements with local entities such as Indice Crucial Lda for exploration rights on past-producing properties. With its combination of brownfield projects, advanced drilling programs, and a growing resource base, Ibero Mining positions itself as a key junior explorer in Europe's copper-gold sector, with an emphasis on expanding mineral resources and securing a path toward production. Overall, Ibero Mining Corp provides copper and gold exploration services predominantly in Portugal, backed by recent strategic rebranding, significant drilling success, and ongoing resource expansion supported by targeted financing and operational enhancements. This positions it as an exploration company with near-term production potential within the Iberian Pyrite Belt’s mineral-rich districts and a comprehensive portfolio of advanced-stage copper-gold projects that leverage systematic geological evaluation and modern exploration technologies.
Company News
Ibero Announces Closing of Non-Brokered Private Placement of Units
Ibero Mining Reports Results From Deep Undercut Drill Hole At Miguel Vacas Mine
EuroPacific Metals rebrands to Ibero Mining - ICYMI
Ibero Mining Begins to Trade Under New Symbol IMC.V on the TSX Venture Exchange
EuroPacific Metals rebrands as Ibero Mining
EuroPacific Announces Name Change to Ibero Mining Corp., New Symbol "IMC" to Commence Friday, September 13th
EuroPacific Metals closes oversubscribed financing
EuroPacific Closes Final Tranche of Oversubscribed Private Placement for Total Gross Proceeds of $323,000
EuroPacific Metals announces management changes, provides update on Miguel Vacas drill program
Karim Rayani Appointed Executive Chairman of Europacific, Will Continue as CEO, Wazir Khan Joins the Board, Catalin Kilofliski Resigns
EuroPacific Metals closes first tranche of placing
EuroPacific Closes First Tranche of Private Placement
Europacific Metals reports high-grade copper drill results from Miguel Vacas – ICYMI
EuroPacific Metals hits high-grade copper in latest drilling at Miguel Vacas
EuroPacific Announces Drill Assay Results Targeting High-Grade Copper Zone to 350m at Miguel Vacas Confirming Significant Mineralization at Depth
EuroPacific Metals clarifies terms of private placement
EuroPacific Clarifies Use of Proceeds and Insider Participation
EuroPacific Non-Brokered Private Placement
EuroPacific targets high-grade copper zone with deeper drill hole at Miguel Vacas project
EuroPacific Announces Drill Plan Extension Down to 350 Meters Undercutting the High-Grade Copper Zone at Miguel Vacas Located in Southern Portugal