For Immediate Release

TSXV: IML OTCQB: SLDRF

Iberian Minerals Grant Stock Options

Edmonton, Alberta - December 18, 2015 - Iberian Minerals Ltd. ("the Company") (TSXV: IML) (OTCQB: SLDRF) reports that the Company has granted an aggregate of 6,300,000 stock options to directors, officers, employees and various consultants of the Company. The options are at an exercise price of $0.10 per share and valid for a period of five years from the date of the grant, subject to vesting provisions. The options are granted in accordance with the Company's Stock Option Plan approved by the shareholders on July 23, 2014. Effective December 17, 2015, 3,100,000 stock options expired.

The grant of the options has been approved by the Board of Directors and is subject to the final approval of the TSX Venture Exchange.

About Iberian Minerals

Iberian Minerals is a Canadian junior mining company focused in Spain. The Company's business strategy is to actively engage its Spanish contacts and technical team towards the further accumulation of high interest assets throughout the mineral rich Iberian Peninsula. Iberian Minerals is currently evaluating its Caurio gold/copper/silver concessions located in the Rio Narcea Gold Belt in Asturias, northern Spain and the recently acquired Aroche Wollastonite concession in the province of Huelva, south western Spain. The Company is also studying the re-opening of the Cehegin iron ore concessions in south eastern Spain. For further information, go to www.iberianminerals.ca

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.