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

Contact Information