TIDMIMCP
IMC Exploration Group Plc
("IMC" or the "Company" or the "Group")
TIDM IMCP
Update on Exploration Programme
IMC is pleased to announce that, in conjunction with its joint venture partner
Koza Limited, it has recently commenced an extensive target generation, mapping
and rock sampling programme on its Goldmines River licence PL 3857 in Co.
Wicklow, and on licence PL 2551 in Co. Wexford. This work, scheduled to
commence in early 2017, is in addition to the previous drilling programme, and
is part of our works programme on our five precious metal Licence Areas, and is
essential preparatory work for our next phase fully funded drilling programme.
Commenting on this development, IMC Chairman, Liam McGrattan said: "The
recently published Geological Survey of Ireland Tellus Survey confirms high
levels of gold in streams near the Goldmines River and Avoca regions of
Wicklow, areas included in our licences. The fact that the new data identifies
gold values in streams that flow across and along the edges of the Leinster
granite, a complex area long thought to be the source for the gold
mineralisation in the region encourages us to believe that this comprehensive,
extensive and agreed works programme will identify promising drill targets."
The Directors of the issuer accept responsibility for this announcement.
Contact Details:
IMC Exploration Group Plc
Mr. Liam McGrattan
Tel. Ireland: +353 87 2745427
Keith Bayley Rogers & Co. Limited
Mr. Hugh Oram
Tel. +44 207 464 4090
8th December 2016
