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
END