Overview
IMC holds 3 main projects in Ireland, the realisation of the potential of which will significantly enhance its asset base and shareholder value.
IMC is listed on the Standard Segment of the Official List of the London Stock Exchange (Ticker: IMC).
AVOCA, Co Wicklow (PL 3849 and PL 3850)
The Avoca mines have left a legacy of spoil heaps on the landscape with gold, silver, copper, lead and zinc that has been unrecoverable until now.
IMC completed a JORC Compliant Mineral Resource Estimate (MRE) report on the spoil heaps at Avoca. This showed, inter alia, significant tonnage (1,871,000t) of pre crushed rock and grades of gold (0.3g/t), copper (.14%), silver (9ppm) and lead (0.42%) in the spoil heaps on the eastern half of the site. This equates to c.20,000ozs of Gold, 2.6k tonnes of Copper and 7.8k tonnes of Lead and 600k ozs of Silver.
IMC’s North Wexford, Gold Project PL 2551
Bonanza grade gold discovered during IMC drilling at Boley (PL 2551): 1.5 m grading 354 g/t within a 13.5 m interval averaging 3.5 g/t Au (applying 20 g/t top cut). Notable drill intercepts at PL 2551 of 0.72m @ 10g/t Au; 1.3m @ 3.81 g/t Au; 1.2m @8.3 g/t Au and 5m @ 2.4 g/t Au. Based on the Koza report on legacy data review, we intend to implement its recommendations.