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DJ IMC Exploration Group Plc Update on Exploration Programme

 
TIDMIMCP 
 
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 
 
 
 
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(END) Dow Jones Newswires

December 08, 2016 02:00 ET (07:00 GMT)