Thurs, 14/2/2013
The directors of IMC Exploration Group Plc are delighted to announce IMC has been awarded two additional prospecting licences,PL Area 3849 and PL Area 3850 (both in Co. Wicklow)by the Exploration and Mining Division of the Department of Communications, Energy and Natural resources. These licences include the historic Avoca mine and are close to where IMC had its recent significant gold discovery yielding 354g/t gold (=11.38oz/t gold).IMC now holds four contiguous exploration licence areas in Co. Wicklow.
Dr Glenn Millar, Managing Director IMC, commented
"In keeping with IMC's strategy to build a world class gold resource, these new additional licences, along with our recent gold find, give IMC the capacity to immediately accelerate our exploration programme in this area".
The Directors of the company accept responsibility for the contents of this announcement.
For further information please contact:
IMC Exploration Group Plc
Mr. Liam McGrattan
Investor Relations
Tel. Ireland: +353 87 2745427
Dr. Glenn Millar
Managing Director
Tel. Ireland: +353 86 1714790
Mr. Hugh Gibney
Executive Chairman
Tel. Ireland: +353 1 823 0510
Albene Mendy
William Albert Securities Limited
Corporate Advisers
Tel. UK +203 006 3247