Iberian Minerals Ltd., formerly Solid Resources Ltd. ("Iberian Minerals" or the
"Company") (TSX VENTURE:IML) is pleased to announce that, further to its news
releases dated October 21, 2013: (click HERE) and May 6, 2014: (click HERE), it
has signed a definitive and exclusive Joint Venture Agreement (the "JVA") with a
wholly owned subsidiary of Glencore plc ("Glencore") in respect of the Cehegin
Iron Ore Project located in Cehegin, Province of Murcia, south-eastern Spain.


About Iberian Minerals 

Iberian Minerals is a Canadian junior mining company focused in Spain on the
exploration and development of rare and industrial metals. The Company is
currently studying the re-opening of the Cehegin iron ore concessions in
south-eastern Spain and will be applying for an exploitation permit on its
Alberta-1 tantalum/tin and lithium property in north-western Spain. Please visit
the Company's new website at: www.iberianminerals.ca.


About Glencore plc 

Glencore is one of the world's largest global diversified natural resource
companies. As a leading integrated producer and marketer of commodities with a
well-balanced portfolio of diverse industrial assets, they are strongly
positioned to capture value at every stage of the supply chain, from sourcing
materials deep underground to delivering products to an international customer
base. The Group's industrial and marketing activities are supported by a global
network of more than 90 offices located in over 50 countries. Their diversified
operations comprise over 150 mining and metallurgical sites, offshore oil
production assets, farms and agricultural facilities. They employ approximately
200,000 people, including contractors.


Certain statements contained in this press release, including statements which
are related to exploration activity and future prospects and profitability and
which may contain words such as "could", "should", "expect", "believe", "will"
and similar expressions and statements relating to matters that are not
historical facts are forward-looking statements. Such forward-looking statements
involve known and unknown risks and uncertainties which may cause the actual
results, performances and/or achievements of Iberian Minerals to be materially
different from any future results, performances or achievements expressed or
implied by such forward-looking statements. Such factors include fluctuations in
the market conditions and prices of, tantalum, lithium, tin, iron ore and other
metals and related products and services; competition; political and economic
conditions in countries in which Iberian Minerals does business; changes in laws
and regulations, including environmental regulations, to which Iberian Minerals
is subject, and other factors which are described in further detail in Iberian
Minerals filings with the Canadian Securities Regulators.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Iberian Minerals Ltd.
Greg Pendura
President & CEO
780-800-0726
www.iberianminerals.ca


Fox-Davies Capital
Daniel Fox-Davies
Managing Director
+44(0) 20 3463 5000


Fox-Davies Capital
Jonathan Evans
Director, Corporate Finance
+44(0) 20 3463 5000
www.fox-davies.com