Announcements

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DUBLINMarch 3, 2020 /PRNewswire/ -- IMC presented details of its world class spoils' and tailings' project on its Avoca licence, County Wicklow, Ireland to Mr. Seán Canney TD, the Irish Minister of State for Natural Resources during a meeting yesterday (2nd March 2020) at the Department of Communications, Climate Action and Environment, at the Prospectors and Developers Association of Canada ('PDAC'). This was particularly worthwhile as abstraction of the metals from the spoils and tailings, which are significant and were described in the inferred Mineral Resource Estimate previously announced by IMC, also dovetails with an essential environmental clean-up of the deleterious legacy of earlier mining activities in the area. 

The PDAC convention is one of the most prestigious mining gatherings in the world with an estimated 25,000 delegates this year in attendance.  IMC was privileged to have had the opportunity to present to the Irish Minister and to showcase IMC at such an outstanding convention.

Eamon O'Brien, Chairman commented 'The PDAC convention was a significant event for IMC. IMC availed itself of the opportunity to engage with a number of  international mining companies, including those with similar spoils' and tailings' projects to IMC's assets in Avoca, County Wicklow.' 

Enquiries:

IMC Exploration Group plc
Kathryn Byrne: +353 85 233 6033
Keith, Bayley, Rogers & Co. Limited

Graham Atthill-Beck: +44 20 7464 4091 / +44 7506 43 41 07 / +971 50 856 9408 / This email address is being protected from spambots. You need JavaScript enabled to view it. / This email address is being protected from spambots. You need JavaScript enabled to view it. 
Brinsley Holman: +44 20 7464 4098 / This email address is being protected from spambots. You need JavaScript enabled to view it.

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THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY IMC TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014, AS AMENDED ("MAR"). ON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

IMC Exploration Group Public Limited Company (the “Company”)

Chairman’s Statement for the period 1st July to 31st December 2019

The Directors of IMC Exploration Group plc are pleased to present the interim financial results for IMC for the six months to 31st December 2019. The consolidated, unaudited financial statements presented below have been reviewed by the Company's auditors. 

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IMC, in association with the Raw Materials Characterization Laboratory at Trinity College Dublin, is continuing studies on the precious metals to be found at IMC’s wholly-owned Avoca deposit and Kilmacoo gold prospect in Co. Wicklow, Ireland. The collaboration between the Raw Materials Research Group at Trinity College Dublin and IMC was announced on 24th September 2019. The aim of the continuing work is further to characterise the form and distribution of gold to assess the extent of syn-tectonic enrichment during the Caledonian Orogeny. IMC’s project represents an opportunity to apply a state-of-the-art microanalytical approach to a major, historical deposit which has significant exploration upside.  The study is refining the understanding of metal zonation and sulphide paragenesis within the Avoca orebodies and Kilmacoo Au prospect and it will allow the development of a robust mineral deposit model for gold mineralisation across the Avoca District in particular and South-East Ireland in general.

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IMC Exploration Group Public Limited Company

Chairman’s Statement for the year ended 30th June 2019

The Directors of IMC Exploration Group plc (“IMC” or the “Group”) are pleased to present the audited financial results for IMC for the twelve months to 30th June 2019. The consolidated financial statements appearing below (which do not form the full statutory Report and Accounts of the Group) are taken from the Directors’ Report and Financial Statements for the year ended 30th June 2019 being posted to shareholders, a copy of which is available from IMC’s website at https://www.imcexploration.com/.

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,
Ballybough,
Dublin 3, Ireland

Telephone: +353 87 618 3024
Email: eamon.obrien@imcexploration.com

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