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