DRILLING UPDATE - INDEPENDENT EXPERT CONFIRMS EXCITING BASE METAL PROSPECT IN IMC TULLA LICENCE AREA
The directors of IMC Exploration Group Plc (“IMC”) wish to inform shareholders that, following encouraging indications from Drillhole 11-3729-01 in Prospecting Licence Area 3729, Tulla, Co. Clare, an independent expert was engaged by IMC to undertake further investigative work to confirm the view of the company that the results were of a highly significant and encouraging nature. Dr John Kelly of SLR Consulting Ireland Limited (“SLR”), an expert on the characteristics of Irish Base Metal Deposits, was commissioned to provide an independent report on the drill core.
Exceptional sample results from initial field work in gold licence area
IMC Exploration Group Plc is pleased to announce results from its Kilmichael Wexford Prospecting Licence PL 2551.
The board of IMC Exploration Group Plc ("IMC"), the recently listed Irish gold and base metals exploration and mining company, is delighted to report encouraging gold sample results of up to 76.8 grams per tonne of gold (2.46 ounces per tonne) from rock grab samples taken from its Kilmichael Prospecting Licence Area.
IMC Exploration Group plc announces the commencement of a continuous eighteen month drilling program.
The board of IMC Exploration Group ("IMC"), the recently listed Irish gold and base metals exploration and mining company, is pleased to announce the commencement of its fully funded eighteen month drilling program on its thirteen gold and base metal prospecting licences.
The Directors of IMC Exploration Group Plc ("IMC" or "the Company") are pleased to announce that the Company's application for Admission to PLUS-quoted has been approved and that the Company's entire issued Ordinary Share Capital of 53,308,507 Shares have been admitted to trading on PLUS-quoted today 12th October 2011.
Download IMC Exploration Group plc - PLUS–Quoted Market Admission Document (5.75MB).
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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.
Contact details
IMC Exploration Group plc,
70 Ballybough Road,
Ballybough,
Dublin 3, Ireland
Telephone: +353 872819215
Email: info@imcexploration.com
