Ibero Mining Begins to Trade Under New Symbol IMC.V on the TSX Venture Exchange
Ibero Mining Corp. (TSX.V:IMC)(OTCQB:AUCCF), formerly EuroPacific Metals Inc., has begun trading under its new ticker symbol 'IMC' on the TSX Venture Exchange. This rebranding reflects the company's strategic shift towards mineral resource exploration in the Iberian Peninsula, particularly within the mineral-rich Iberian Pyrite Belt. The company's flagship asset, the Miguel Vacas project, has shown promising results from recent drilling, including 22.8m grading 2.76% Cu from 49.4m with 9m grading 7.49% Cu from 57.8m in the first hole. Ibero Mining has completed 11 holes totaling 1,410m at Miguel Vacas, with significant copper mineralization found in a polyphase steeply dipping hydrothermal quartz breccia. The company remains focused on low-cost, efficient resource extraction while supporting EU resource initiatives.
Ibero Mining Corp. (TSX.V:IMC)(OTCQB:AUCCF), precedentemente EuroPacific Metals Inc., ha iniziato a scambiare sotto il suo nuovo simbolo ticker 'IMC' alla Borsa di Venture TSX. Questo rebranding riflette il cambio strategico dell'azienda verso l'esplorazione delle risorse minerali nella Peniola Iberica, in particolare all'interno della ricca Cintura di Pirite Iberica. L'asset principale dell'azienda, il progetto Miguel Vacas, ha mostrato risultati promettenti dai recenti sondaggi, inclusi 22.8m con un grado del 2.76% di Cu da 49.4m con 9m a gradazione 7.49% di Cu da 57.8m nel primo foro. Ibero Mining ha completato 11 fori totali di 1,410m a Miguel Vacas, con significativa mineralizzazione di rame trovata in una breccia idrotermale in quarzo a strati ripidi. L'azienda rimane concentrata su un'estrazione delle risorse a basso costo ed efficiente, supportando nel contempo le iniziative delle risorse dell'UE.
Ibero Mining Corp. (TSX.V:IMC)(OTCQB:AUCCF), anteriormente EuroPacific Metals Inc., ha comenzado a cotizar bajo su nuevo símbolo de ticker 'IMC' en la Bolsa de Valores de Venture de TSX. Este cambio de marca refleja el cambio estratégico de la empresa hacia la exploración de recursos minerales en la Península Ibérica, particularmente dentro del rico Cinturón de Pirita Ibérica. El activo principal de la empresa, el proyecto Miguel Vacas, ha mostrado resultados prometedores de recientes perforaciones, incluyendo 22.8m con un grado del 2.76% de Cu desde 49.4m con 9m a un grado del 7.49% de Cu desde 57.8m en el primer pozo. Ibero Mining ha completado 11 pozos que totalizan 1,410m en Miguel Vacas, con una significativa mineralización de cobre encontrada en una brecha hidrotermal de cuarzo con inclinación pronunciada. La empresa se mantiene enfocada en la extracción de recursos de bajo costo y eficiente, apoyando las iniciativas de recursos de la UE.
Ibero Mining Corp. (TSX.V:IMC)(OTCQB:AUCCF), 이전에 EuroPacific Metals Inc.였던 회사가 TSX 벤처 거래소에서 새로운 티커 심볼 'IMC'로 거래를 시작했습니다. 이 리브랜딩은 이베리아 반도체에서의 광물 자원 탐사로의 전략적 전환을 반영합니다. 회사의 주요 자산인 미구엘 바카스 프로젝트는 최근 시추 결과가 유망한 것으로 나타났으며, 첫 번째 구멍에서 49.4m에서 2.76% Cu의 22.8m와 57.8m에서 7.49% Cu의 9m이 포함되었습니다. Ibero Mining은 미구엘 바카스에서 총 1,410m에 걸쳐 11개의 구멍을 완료했으며, 다단계 급경사의 열수 석영 브레시아에서 중요한 구리 광화가 발견되었습니다. 회사는 저비용의 효율적인 자원 추출에 집중하면서 EU 자원 이니셔티브를 지원하고 있습니다.
Ibero Mining Corp. (TSX.V:IMC)(OTCQB:AUCCF), anciennement EuroPacific Metals Inc., a commencé à négocier sous son nouveau symbole boursier 'IMC' sur la Bourse de Venture TSX. Ce rebranding reflète le changement stratégique de l'entreprise vers l'exploration des ressources minérales dans la Péninsule Ibérique, en particulier au sein de la riche Ceinture de Pyrite Ibérique. L'actif phare de l'entreprise, le projet Miguel Vacas, a montré des résultats prometteurs lors de récents forages, y compris 22,8 m avec un taux de 2,76 % Cu à partir de 49,4 m avec 9 m à un taux de 7,49 % Cu à partir de 57,8 m dans le premier trou. Ibero Mining a complété 11 trous totalisant 1 410 m à Miguel Vacas, avec une minéralisation de cuivre significative trouvée dans une brèche de quartz hydrothermale fortement inclinée. L'entreprise se concentre sur une extraction des ressources à faible coût et efficace tout en soutenant les initiatives de ressources de l'UE.
Ibero Mining Corp. (TSX.V:IMC)(OTCQB:AUCCF), zuvor bekannt als EuroPacific Metals Inc., hat unter ihrem neuen Börsensymbol 'IMC' am TSX Venture Exchange mit dem Handel begonnen. Diese Umbenennung spiegelt den strategischen Wechsel des Unternehmens hin zur Erschließung mineralischer Ressourcen auf der Iberischen Halbinsel wider, insbesondere im mineralreichen Iberischen Pyritgürtel. Das Hauptprojekt des Unternehmens, das Miguel Vacas Projekt, hat vielversprechende Ergebnisse aus den jüngsten Bohrungen gezeigt, darunter 22,8 m mit 2,76 % Cu aus 49,4 m und 9 m mit 7,49 % Cu aus 57,8 m im ersten Bohrloch. Ibero Mining hat insgesamt 11 Löcher mit einer Gesamtlänge von 1.410 m in Miguel Vacas abgeschlossen, wobei signifikante Kupfermineralisierungen in einer polyphasischen, steil abfallenden hydrothermalen Quarzbrekzie gefunden wurden. Das Unternehmen bleibt auf kostengünstige, effiziente Ressourcengewinnung fokussiert und unterstützt gleichzeitig die Ressourceninitiativen der EU.
- Rebranding to Ibero Mining Corp. aligns with strategic focus on mineral-rich Iberian Peninsula
- Promising drilling results at Miguel Vacas project, including 22.8m grading 2.76% Cu
- Completed 11 holes totaling 1,410m at Miguel Vacas copper deposit
- Successful intersection of breccia zone over 1.1km strike length, open along strike to north and south
- Multiple high-grade copper intersections in drill holes
- None.
VANCOUVER, BC / ACCESSWIRE / September 13, 2024 / Ibero Mining Corp., (TSX.V:IMC)(OTCQB:AUCCF) (the "Company" or "Ibero") formerly known as EuroPacific Metals Inc., officially began trading effective at today's opening under its new ticker symbol "IMC" on the TSX Venture Exchange.
Karim Rayani, Chief Executive Officer and director stated: "We are very pleased to announce the rebranding of EuroPacific Metals Inc. to Ibero Mining Corp., marking a pivotal shift in our strategy towards mineral resource exploration in the Iberian Peninsula. This new identity better reflects our focus on high-potential projects, particularly within the Iberian Pyrite Belt, one of the most mineral-rich regions in the world. The Company remains committed to its flagship asset the Miguel Vacas project where recent drilling intersected on 22.8m grading 2.76 % Cu from 49.4m with 9m grading
The rebranding marks a pivotal shift in the Company's focus towards mineral resources in Europe, particularly along the Iberian Peninsula. The change emphasizes their efforts in the Iberian Pyrite Belt, a region rich in polymetallic sulfides, including copper, zinc, lead, and gold. The Company remains committed to low-cost, efficient resource extraction while supporting EU resource initiatives. Importantly, there will be no changes in the Company's capitalization, and shareholders do not need to take any action regarding the name or symbol.
Miguel Vacas, Prospect - Borba Property, Portugal
The Company has completed 11 holes at the Miguel Vacas copper deposit totaling 1,410m. Most of the holes intercepted a wide quartz-breccia zone varying from approximately 5m up to more than 30m thick. An undercut > 350m hole was completed in addition to the initial plan.
Copper mineralization is hosted in a polyphase steeply dipping hydrothermal quartz breccia-oriented NNE-SSW. The shallower part of the breccia zone (<80m) has been mined by open pit methods and minor underground methods on the upper 80m of a supergene blanket and cupper was recovered through a heap leaching operation using sulphuric acid followed copper electrodeposition in pools with iron scrab.
Results have been received for eight of the eleven holes drilled to date. All holes have successfully intersected the breccia zone over a strike length of 1.1km and confirmed it is open along strike both to the north and south.
Significant results include (further details are summarized in the table below):
Hole # 1 - 22.8m grading 2.76 % Cu, from 49.4m with 9.0m grading
7.49% Cu from 57.8mHole # 3 - 12.3m grading
1.55% Cu, from 66.6m.Hole #4 - 10.5m grading 2.56 % Cu, from 62.0m, with 5.0m grading
4.52% Cu, from 62.0mHole #8 - 14.1 m grading
1.06% Cu from 47.0m, with 6.9m grading1.81% Cu, from 52.2mHole #10 - 7.9m grading
1.15% Cu from 74.9m
Based on these findings, a decision was made to drill a deeper hole (Hole #11) to investigate the primary ore at depth and to compare it with shallow intercepts regarding mineralogy, grades and thickness. Assays are still pending and we look forward to reporting on the final assays once received.
About Ibero Mining Corp.
Ibero Mining Corp. is a Canadian public company listed on TSXV and in US on OTCQB. The Company holds brownfield gold, and copper-gold projects located in Portugal. The Company is focused on exploration in highly prospective geological settings in European jurisdictions. Ibero Mining Corp. (IMC) owns a total of
Qualified Person
Technical information in this PR has been prepared in accordance with National Instrument 43-101 and approved for inclusion by Mr. José Mario Castelo Branco, EuroGeol, who is a "Qualified Person" with over 35 years' experience in the Exploration and Mining Geology industry. Mr. Castelo Branco holds a B.Sc. in Geology from the University of Porto in Portugal. He is also a member of the Portuguese Association of Geologists, the European Federation of Geologists, Member of the Prospectors and Developers of Canada, the Society of Economic Geologists and the Society for Geology Applied to Mineral Deposits.
On behalf of the Board of Directors
Ibero Mining Corp.
Mr. Karim Rayani, Chair & Chief Executive Officer
11th Floor - 1111 Melville Street
Vancouver, BC V6E 3V6
E: k@r7.capital
www.iberomining.ca
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Language and Forward-Looking Statements
This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
SOURCE: Ibero Mining Corp.
View the original press release on accesswire.com
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