In 1795, the discovery of gold nuggets near Woodenbridge in Co. Wicklow precipitated Ireland's only indigenous gold rush. From the gravels of what became known as the Goldmine River, up to 9,000 ounces of gold were recovered, mainly by local people. The most profitable location was below Ballinagore Bridge at the 'Red Hole'. Here, gold was recovered from an ancient river channel exposed beneath a capping of glacially derived material. Despite thorough searching, prospectors failed to find a convincing bedrock source.
Since the mid-1980s, many gold occurrences have been found throughout Ireland by exploration companies and the Geological Surveys. Up to 300 gold occurrences are documented by the Geological Survey of Ireland (GSI).
IMC Exploration are now offering an opportunity to invest in gold exploration in this extremely exciting environment.