2015 Presentation

TSX-V: IML OTCQB: SLDRF

Certain information regarding Iberian Minerals Ltd. (IML) contained herein may be deemed forward looking statements within the meaning of applicable securities

laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements

of fact. Although IML believes that the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not

guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. IML cautions that actual

performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what

IML currently foresees. Factors t hat could cause actual results to differ materially from those in forward-looking statements could include exploitation and

exploration results, continued availability of capital and financing and general economic, market or business conditions.

The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date

and subject to change after that date

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY Mr. Stanley C. Bartlett, M.Sc., P. Geo has reviewed and approved the technical information contained in the website, as the Company’s “Qualified Person”

Disclaimer

Cehegin Magnetite Iron Ore Project

Southeastern Spain

Iberian Minerals Developing a highly prospective iron ore project in Spain

• High grade/Low impurities: Iberian is re-establishing a high grade iron ore mine to supply Europe

• Historical production: Produced 4Mt of 65%, low impurity iron ore between 1975 and 1989

• Substantial resource upside: Exploration data suggests magnetite mineralization at 25 – 30Mt+

• Strategic Partner: JV in place with Glencore (Market Cap – $85 billion)

• Brownfield site: Leading to short permitting period

• Low CAPEX: Project will be low CAPEX and competitive OPEX

Key strengths High quality iron ore project under development in Spain

• European countries produced an aggregate of approximately 38 Mt of iron ore in 2014, importing 135 Mt during this same period

Opportunity for European

Iron Ore Producer

• The project has access to excellent logistics with railways, highways and deep water port/facilities, and regional and local Government support

With access to high quality

infrastructure

• Reports indicate the operation previously produced a magnetite concentrate of 65% Fe with contained impurity elements below penalty levels – which would sell at a premium in today’s market

Premium product potential

• Analysis of the historical exploration data suggests significant magnetite mineralization

Significant Magnetite

Mineralization

.

Management Experienced in bringing iron ore projects in to production

Jonathan Morley Kirk Non-Executive Chairman

Extensive Plc board experience - Longreach Oil and Gas Limited (TSX-V) , Dimension Resources Inc., EastSiberian

PLC (TSX-V), Sorossa Capital PLC (AIM) and Cardinal Resources PLC (AIM)

Greg Pendura Chief Executive

Over 35 years experience founding, financing and advising emerging private and public companies.

Rick Gliege Corporate Development; Director

Expertise in strategic planning, operations, corporate compliance, marketing and development

Michael Nayyar Chief Financial Officer

15 years financial strategy experience in a number of industries, including mining and exploration

Bill Hooley Non-Executive Director

A graduate in Mining Engineering from Imperial College, Royal School of Mines, he is a Fellow of the

Australasian Institute of Mining and Metallurgy. He has worked for a number of major mining companies as

well as running a number of junior mining companies including recent producer Labrador Iron Mines’

Ven Cote Non-Executive Director

As president, CEO and founder of ZCL Composites Inc., with revenues of over £100 million per year, he was

named 2008 Entrepreneur of the Year by Ernst and Young, while ZCL was named one of Canada’s 50 Best

Managed Companies

David Cohen Non-Executive Director

Mr. Cohen is a licensed Attorney of the New York State Bar, admitted in all New York State and Federal Courts, and the Supreme Court of the United States for over the last 25 years. During this time David has held various senior management and directorship roles in both the private and public market sectors.

David Henstridge P.Geol

Over 37 years in the mining industry including 20 years managing public-listed companies. Tasman Metals Ltd.

(TSX-V); Tinka Resources Ltd (TSX-V); Mawson Resources Ltd (TSX-V); Tumi Resources Ltd. (TSX-V)

Dr Alfonso Gracia P.Geol

Former Director of Energy and Mineral Exploration for the Government for the region of Castilly y Leon in

Spain. He has worked over 35 years in the mining industry including Cominco and B.P. Minerals

Stanley Bartlett P.Geol

Vice President and Managing Director of Micon International Ltd. Over 35 years in the mining industry.

Advisory board Experienced in bringing iron ore projects in to production

Iron ore Demand to balance supply by 2018

Performance so far in 2014 - 2015

• The 65% iron ore price has fallen from circa $135/t to $70/t YTD

• Decline principally from major production increases by the likes of RIO, BHP & Vale ( the“Big 3”)

• Rationale of the Big 3: to eliminate non efficient Chinese producers

Outlook going forward

• Historically the price has rebounded sharply from these levels as high cost / low grade operations in China become uneconomic (represents approximately 35% of Chinese supply)

• Chinese efforts to reduce domestic pollution should see greater demand for higher grade product

• Delays and cancellations in start-up of multi-billion dollar projects until more attractive pricing

• Negative economics for smaller iron ore producers, particularly in Australia

• Chinese GDP still growing at 6.8% per year; Indian market expected to generate significant demand

• Iron ore consumption (driven by Chinese demand) to bring global supply in to balance by 2018

European iron ore market The world’s second largest importer of iron ore

• European countries produced an

aggregate of approximately 38Mt of

iron ore in 2014

• It imported 135 Mt during this same

period, largely from Australia and

Brazil.

• The EU is the 2nd largest importer

for iron ore behind China

• The main consumers are Germany,

Italy, France and the UK

Spain High quality infrastructure, local expertise and support

• The current Spanish government is pro-mining and actively permitting projects

• The Region of Murcia classified the Cehegin Iron Ore Project as a strategic initiative

• A mining culture surrounds the area with access to a skilled labour force

• Unemployment in Spain circa 26%

• Tax incentives and subsidies implemented for the mining industry

• The current economic climate affords the opportunity to lock in contracts at

competitive rates.

Murcia

Project overview Focused on bringing Spanish mining projects into production

Cehegin in South East Spain

• 62 mineral concessions

• 38,000m of drilling previously completed on

the four major deposits

• 4mt historical production with a historical

product average grade in excess of 65% Fe

• Very low impurities

• Low CAPEX / Competitive OPEX

• Sales priced to command a premium to

benchmark 62% Fe

• Close proximity to established infrastructure

• Ownership: 80% Iberian; 20% Glencore

Cehegin Iron Ore Project Total expanded area will cover 6,900 ha

Geology Near surface magnetite mineralization

• Near surface deposit for open pit design

• Existing resource open at depth and along strike

• Massive magnetite mineralisation occurring within bedded morphology

• Mineralisation is associated with sub-volcanic intrusive rocks of ofito-doleritic

composition

• Excellent response to magnetometry

Historical production Anticipated product grades in excess of standard 62% iron based on production up to 1985

Category Concentrate %

Iron 65.19

Manganese 0.05

Silica 3.99

Alumina 1.73

Calcium Oxide 0.28

Potassium Oxide 0.06

Sodium Oxide 0.016

Sulphur 0.01

Phosphorous 0.04

Zinc 0.004

Historical exploration 1,243 holes drilled over 37,875 meters

Deposit Type No. Holes Total

Length (m) DTR

Analyses

Chemical Analyses

María

1975-1983 1984-1986

382 135

11,530 4,836

7,914 2,202

320

Coloso

1976-1983

1984

151 240

5,484 5,162

2,658 4,591

38

Soledad

1976-1983

189

6,885 3,597 29

Villamejor

1975-1983 1984-1986

141

5

3,887

91 2,714 15

Total 1,243 37,875 23,676 402

Work program Targeting full production in 2018

Phase 1: Regional Reconnaissance, Exploration & Validation of Historical Data Phase 2: Pre-feasibility Definitive Feasibility Study (“DFS”)

First development phase Exploration and concept

• $2 million towards reconnaissance and verification programs

• Objective to enhance the project’s potential and verify historical data

• Review regional aeromagnetic data to select drill targets

• 2,200m (15 to 18 boreholes) to test the best regional magnetic

anomalies and extend the historical deposits

• Drill at least two boreholes in each of the selected targets

• Drill samples will be subject to Davis Tube analysis

• All work phases will be 20% funded by Glencore

Second phase development Compilation of all previously applied data and studies to generate a pre-feasibility study

• $2 million phase 2 program will provide the requisite data to generate a pre-feasibility study

• Additional 10,000m of drilling included in definition and exploration campaign with drilling to outline mineral resources to an adequate level

• The pre-feasibility study will include:

• Mineral resource estimation;

• Geotechnical investigations;

• Mine design and ore reserves;

• Metallurgical studies;

• Process plant design and engineering studies;

• Infrastructure and support services studies;

• Environment studies; and,

• Cash flow modelling and financial analysis.

• The Company will be conducting environmental studies concurrently throughout phases 1 and 2 to expedite the permitting process

Infrastructure and logistics High quality roads leading to a deep water port

• Power on site

• Paved toll-free highway 6km from site

• 41 tonne truck transportation at circa

US $13 per tonne

• 115km to deep water port (22m)

equipped with high capacity bulk-

loading equipment

• Agreement @ US at circa $6.18/t for

storage, port usage, ship loading,

pilotage, mooring and port taxes

• Experienced labour market and

contractors

Milestones Near term news flow to add value

• Additional acreage to be awarded

• Aeromagnetic survey results

• Drill results from 2,200m drilling campaign

• Davis Tube analysis

• Drill results from 10,000m drilling campaign

• Metallurgical test work results

• Pre-feasibility study

Investment summary Significant resource expansion potential with premium product on the doorstep of European demand

Brownfield project

Significant exploration potential

Significant European demand for iron ore

Politically stable, pro-mining jurisdiction

High quality product/extremely low impurities

Low Capex

World class logistics

Significant near-term news flow and upcoming milestones

Visit www.iberianminerals.ca

For further information contact

Iberian Minerals Ltd.

Greg Pendura, President & CEO

Tel (780) 800-0726

Or

Rick Gliege, Executive Director, Corporate Development

Tel (250) 751-3661

TSX-V: IML OTCQB: SLDRF