Iberian Resources
The Company
Iberian Resources Limited is a 86.2% owned subsidiary of Tamaya Resources Limited, an Australian Stock Exchange-listed resource company (ASX:TMR) focused on the exploration and development of gold and base metal deposits in Chile, Australia and Europe.
Iberian Resources has two centres of operations, one in Armenia (copper-gold) and the other in Portugal (gold-tungsten).
The company’s Armenian operations are located in the south of the country where there are a number of existing producers of copper, and are focused in bringing the Lichkvaz copper-gold project into production, with resource drilling and development activities.
In Portugal, the focus is on exploration for gold in the Alentejo region (Montemor, Monfurado and Portalegre), near Lisbon, and tungsten in the Douro River valley (Regua), near Oporto. It also holds a 50 km long lease on the Iberian Pyrite Belt, where it controls exploration nears the Caveira pyrite mine.
Strategy
Iberian Resources' strategy is to focus on bringing into production its portfolio of projects, through quality exploration and development and by applying the talents of its employees and associates.
Iberian Resources' aim is to become a European gold and specialty metals producer based in its quality assets in Armenia and Portugal.