REG-IMC Exploration Group Plc: Award of Additional Exploration Licences

IMC ExplorationAnnouncement

13/08/2019 07:05

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 PLC
(“IMC” or the “Company”)
ADDITIONAL WEXFORD LICENCES AWARDED TO IMC

The Directors of IMC Exploration Group Plc are delighted to announce IMC has
been awarded two additional prospecting licences, PL Area 1200 and PL Area
1199 (both in Co. Wexford) by the Exploration and Mining Division of the
Department of Communications, Climate Action and Environment. IMC was
encouraged to apply for these licences as they adjoin its existing PL 2551
licence, where IMC had previously encountered high gold grades yielding 354g/t
gold (=11.38 oz/t gold) from Drillhole 12-2551-04.  IMC now holds three
adjacent exploration licence areas in Co. Wexford. The Directors believe that
the two new licences should significantly enhance the Company’s North
Wexford gold project.    

Eamon P. O’Brien, Chairman, commented, "In keeping with IMC's strategy to
establish a significant gold resource, these new additional licences, along
with the high gold grades encountered on parts of the adjoining PL 2551, give
IMC the capacity immediately to accelerate its exploration programme in this
area."

Eamon P. O’Brien,
Executive Chairman,
Dublin, 12th August 2019

The Directors of IMC, after due and careful enquiry, accept responsibility for
the contents of this announcement.
REGULATORY ANNOUNCEMENT ENDS.

Contact Details:
Kathryn Byrne: +353 85 233 6033
IMC Exploration Group plc

Graham Atthill-Beck: +44 20 7464 4091/+971 50 856 9408 /
Graham.Atthill-Beck@kbrl.co.uk  
Brinsley Holman: +44 20 7464 4098 / Brinsley.Holman@kbrl.co.uk    
Keith, Bayley, Rogers & Co. Limited



Copyright (c) 2019 PR Newswire Association,LLC. All Rights Reserved