IberAmerican owns a 100% working interest in the Alberta II and Carlota properties, located in the significant mining jurisdiction of Galicia, Spain.

Location

  • The mining-friendly Galicia region of northwestern Spain
  • Galicia is the 4th largest mineral jurisdiction in Spain
  • Easily accessible by well-maintained roads and highways – 1.7 km from all-weather road access
  • 28 km east of deep-sea port city of Pontevedra
  • Near 3 airports with commercial capabilities

Exploration and Permitting

  • The Properties are currently at a preliminary stage of exploration
  • The Company has completed an updated 43-101 technical report for the Alberta II Property
  • At least 10 pegmatitic dikes have been identified via surface mapping with predictable nature, and shapes of veins. High-grade lithium confirmed in rock-chip samples (Alberta II NI 43-101 March 25, 2023, available on www.sedarplus.ca)

Geology

  • Iberian Pegmatite Belt is a newly recognized spodumene district
  • Several geological similarities to nearby assets (foreign-listed)
  • Pegmatites occur along a NNW-SSE striking lithium corridor which currently spans more than 25 km
  • Historic pegmatite intercepts were originally identified as quartz when in reality a large percentage of the intercepts are spodumene
  • +10 spodumene bearing pegmatitic outcrops positively confirmed

History

  • The properties were previously owned by Strategic Minerals Europe Corp. through its subsidiary Strategic Minerals Spain
  • Strategic Minerals had previously conducted preliminary technical work on these properties focused on Tin, Tantalum and Niobium