Iberian recently released results of its exploration program on Vinchos Este, a surface diamond drilling program located in an area some 300-400 meters to the east of the current Condestable mine.  As reported previously, the drill program was to test potential extension of surface horizons underground.

The program has confirmed the extension of mineralization within Vinchos Este, and further work will be planned by way of in-fill underground diamond drilling during 2010 with a view to further delineation and understanding of the area, and in order to allow 43-101 compliant reporting for this additional area of mineralization.

A total of 1,590 metres was drilled, and the results are summarized in the following table:

The onsite supervision of the diamond drill program was done by Carlos Rodriguez, Superintendent of Geology at Condestable (since 2005) under the supervision of Mike Newbury, P.Eng. as Qualified Person. The diamond drill program produced 443 core samples of 0.92 meters long on average.  The cores were cut by saw and 50% sent for assay to the secure Condestable lab onsite for analysis.  The assay procedure was Atomic Absortion Spectometry (Aqua Regia Digestion). The lab undertakes batch duplicates and replicates for quality control in their analytical procedures.

The map below shows the location of the Vinchos Este Exploration in relation to the Condestable Mine and to other nearby Iberian exploration properties.