Ibero Mining Corp. Stock Analysis IMC.V

Ibero Mining Corp. engages in the exploration and acquiring mineral properties. The company is headquartered in Burlington, Ontario. The company went IPO on 2021-04-21. The firm is focused on exploration in highly prospective geological settings in European jurisdictions. The company owns a total of 100% interest in EVX Portugal, a private Portugal-based company, that holds the legal exploration rights from the Portugal Government on the Borba 2 exploration property, covering approximately 328 square kilometers in the Alentejo region in Southern Portugal. Miguel Vacas is the most advanced prospect within the Borba 2 license. The company also has an agreement to acquire up to 80% interest in a private Portuguese company, Indice Crucial Lda (Indice Crucial), that holds exploration rights on several past producing copper and gold projects, as well as other advanced gold exploration applications in Portugal. The Barrancos properties are located in south Central Portugal, near the Spanish border and cover an area of 74 square kilometers.