DJ IMC Exploration Group Plc Update on Exploration Programme

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IMC Exploration Group Plc
("IMC" or the "Company" or the "Group")
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

About IMC Exploration

IMC Exploration Group plc (IMC) is currently listed on the London Stock Exchange market (Ticker: IMC). IMC has a Mineral Resource that is classified as ‘inferred’ and has been reported in accordance with the JORC Code (2012). IMC holds properties in southeast Ireland that are highly prospective for gold, copper and other base metals. These include the world famous historic Avoca copper mine.

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Contact details

IMC Exploration Group plc,
70 Ballybough Road,
Dublin 3, Ireland

Telephone: +353 872819215

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