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Wed, October 26, 2011
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Commencement of a continuous eighteen month drilling program
October 26, 2011 04:29 ET
Commencement of a continuous eighteen month drilling program
IMC Exploration Group plc Announces the commencement of a continuous eighteen month drilling program. Dublin 26th October 2011 The board of IMC Exploration Group ("IMC"), the recently listed Irish gold and base metals exploration and mining company, is pleased to announce the commencement of its fully funded eighteen month drilling program on its thirteen gold and base metal prospecting licences. Already the first drill hole in the Tulla licence area, in east Co. Clare, has intersected significant calcite mineralization capping an interval of semi-massive pyrite mineralization. The style and the geology of this mineralisation are broadly similar to other known mineralisation in the Limerick Basin such as the recently discovered high grade mineralisation at Kilbricken. Dr Glenn Millar, CEO of IMC comments: "The commencement of the drilling program together with the initial positive indications of significant mineralization is very encouraging and the drilling program will now continue apace over the next eighteen months." The Directors of IMC Exploration Group plc are responsible for the contents of this announcement. Contact Details: IMC Exploration Group Plc Mr. Liam McGrattan Tel. Ireland: +353 87 2745427 Mr. Hugh Gibney Tel. Ireland: +353 1 823 0510 LHM Casey McGrath Mr. Con Casey Tel. Ireland: +353 1 495 9200 [ con.casey@lhmcaseymcgrath.ie ]