November 09, 2012 02:00 ET

Drilling Update

                                                                           9th November 2012

                                IMC Exploration Group Plc
                                ("IMC" or the "Company")

                                     Drilling update
IMC Exploration Group Plc is pleased to provide the following update on the company's
continuing exploration focus for gold and base metal mineralisation in Co Wexford and Co
Wicklow in Ireland.

Following on from the previously announced positive drilling campaign in recent months in
Wexford, drilling activity has now intensified in the south-western part of Wexford licence
PL 2551 at Boley, near Camolin.

The present drill hole, No. 4, is situated approximately 5km along the strike area from the
earlier drill hole No. 2 undertaken at Ballygarrett where enhanced values of gold, silver, 
lead and zinc were reported by IMC in September.

Dr. Glenn Millar commented:
"After the excellent results from recent drilling on our Wexford prospecting licence area,
IMC is now committed to forging ahead with the drilling program in order to establish and
define the limits of a viable mineral resource in the area."

The Directors of the company accept responsibility for the contents of this announcement.

For further information please contact:

IMC Exploration Group Plc
Mr. Liam McGrattan
Tel. Ireland: +353 87 2745427

Mr. Hugh Gibney
Tel. Ireland: +353 1 823 0510

Dr. Glenn Millar
Managing Director
Tel. Ireland: +353 86 1714790

LHM Casey McGrath
Mr. Con Casey
Tel. Ireland: +353 1 495 9200

Kathryn Byrne
Limelight Communications
Tel. Ireland: +353 85 2336033

Contact Information