AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

Aim to develop and manufacture the best technology graphite in the world
Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More | *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013 Read More | *SPONSOR

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from Cannacord morning coffee letter

posted on Feb 03, 10 03:03PM

Iberian Minerals* (IZN : TSX-V : $0.51), Net Change: -0.01, % Change: -1.92%, Volume: 403,800

Going to Costco for some zinc cyanide and sodium dichromite!

Iberian announced that authorities have issued environmental authorization permitting the use of six new reagents at its Aguas Tenidas mine in Spain. With the receipt of this permit, the company is now able to use zinc cyanide and sodium dichromite reagents to produce a separate copper and lead concentrate (instead of one bulk concentrate). This translates to higher metal payablilities. To facilitate this process the company is installing a modular copper and lead separation circuit. The mechanical and electrical installation of this circuit is now completed and the circuit is in the commissioning phase with water testing of the circuit now underway. The company anticipates this modified circuit to be fully operational by the end of February 2010. Iberian is a copper and zinc producer with interests in Spain and Peru. Canaccord Adams Base Metals Analyst Orest Wowkodaw is bullish on the stock based the company’s very attractive

relative valuation (trades at a massive discount to his 10% NPV) and low risk/cost asset base. He notes that a successful ramp up at Aguas Tenidas and the roll off of low priced copper hedges are critical milestones required to achieve a re-rating in the shares over the next 12 months.