- Pyrite mineralisation present throughout rhyolites
- Potential confirmed along strike and to depth
- Mineralogical and analytical studies underway
IMC Exploration Group plc (IMC), the London-listed gold exploration company based in Ireland, is pleased to report that it has intersected a mineralised acid volcanic horizon at depths up to 50m deeper than historical drilling (reported 19th November 2020) during appraisal drilling on its North Wexford gold project. Pyrite mineralisation occurs throughout drill hole 20-1200-01 and the alteration encountered is strongly indicative of a mineralising system. Analytical and mineralogical studies are underway.
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PROPOSED MIGRATION OF SHARES PURSUANT TO THE MIGRATION OF PARTICIPATING SECURITIES ACT 2019
NOTICE IS HEREBY GIVEN pursuant to section 6(4) of the Migration of Participating Securities Act 2019 (the "Migration Act"), that IMC EXPLORATION GROUP PLC (the “Company") will shortly issue a circular ("Circular") to shareholders containing a Notice of an Extraordinary General Meeting of the Company (the "EGM") to be held at 9.00 am. On 12 February 2021 at 70 Ballybough Road, Dublin 3. D03 F9P7.
Highlights
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Trial pits were excavated proving greater depths than expected at West Avoca, indicating the presence of a larger tonnage of spoils and tailings than was originally estimated in the CSA Global Report (2019).
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The gold assays from the trial pits combined with the expected increase in tonnage implies the existing gold Exploration Target at West Avoca is likely to represent an underestimate. Significantly elevated copper, lead and silver grades are also present.
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Furthermore, IMC will commission an update of the existing West Avoca Exploration Target with the objective of upgrading it to an Inferred Resource.
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IMC Exploration Group plc (IMC), the London-listed gold exploration company based in Ireland, is pleased to provide an update on its current drilling at its North Wexford gold project and its West Avoca spoils’ and tailings’ project.
FINAL RESULTS FOR THE YEAR 1ST JULY 2019 TO 30TH JUNE 2020
The Directors of IMC Exploration Group plc (“IMC” or the “Company”) are pleased to present the audited financial results for IMC for the twelve months to 30th June 2020. The consolidated financial statements appearing below (which do not form the full statutory Report and Accounts of the Company) are taken from the Directors’ Report and Financial Statements for the year ended 30th June 2020 posted to shareholders, a copy of which is available from IMC’s website at https://www.imcexploration.com/.
