IMC Exploration Group plc Gold Sample Results Dublin 23rd November 2011 EXCEPTIONAL SAMPLE RESULTS FROM INITIAL FIELD WORK IN GOLD LICENCE AREA. IMC Exploration Group Plc is pleased to announce results from its Kilmichael Wexford Prospecting Licence PL 2551. The board of IMC Exploration Group Plc ("IMC"), the recently listed Irish gold and base metals exploration and mining company, is delighted to report encouraging gold sample results of up to 76.8 grams per tonne of gold (2.46 ounces per tonne) from rock grab samples taken from its Kilmichael Prospecting Licence Area. Further field work in this and our other Gold licence areas will be followed up with a drilling programme as soon as possible. -------------------------------------------------------------------------------------------------- Sample Au Ag As ppm ppm Ppm -------------------------------------------------------------------------------------------------- KLMR-001 4.88 <5 147 -------------------------------------------------------------------------------------------------- KLMR-002 76.80 4.9 884 -------------------------------------------------------------------------------------------------- Note: 1 ppm = 1 g/t UPDATE ON TULLA BASE METAL LICENCE EXPLORATION. Our initial drilling programme in Tulla, Co. Clare has now been completed, and an examination and evaluation of the data obtained indicates a need to return to this site as soon as possible for further drilling. Hugh Gibney, Chairman of IMC commented 'The gold sample results are exceptional and hugely encouraging. It is remarkable for a new exploration company to make such great progress within six weeks of listing on the PLUS market. Our eighteen month, fully funded drilling programme is continuing in parallel with further field work on our other licence areas.' 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 ]

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