January 21, 2013 02:00 ET

IMC Defines Further Significant Gold Mineralization

                                                                                      21 January 2013
                                         IMC Exploration Group Plc
                                         ("IMC" or the "Company")
                            IMC Defines Further Significant Gold Mineralization

The  directors of IMC Exploration Group plc ("IMC") are pleased to announce additional assay  results  from
follow  up  sampling  on  our Wexford licence PL 2551.  Following our  announcement  of  12  December  2012
regarding Drillhole 12-2551-04 in Co. Wexford where a core interval from 11.50 to 13.00m has yielded 354g/t
gold  (=11.38oz/t gold), three distinct gold zones, two at shallow depths and a third at  a  deeper  level,
have now been identified within this drillhole as follows:

Zone 1    4.50 metres (10.00m-14.50m),
          including 1.50m @ 354g/t (11.38oz/t) as previously reported (12/12/2012);
          1.50m @ 2.32g/t and 1.50m @ 1.13g/t.
Zone 2    5.00 metres (18.50m-23.50m),
          including 0.50m @ 6.16g/t and 1.50m @ 2.97g/t.
Zone 3    7.10 metres (149.60m-156.70m),
          including 0.80m @ 2.39 g/t and 1.00m @ 1.63g/t.
The  above  assays were carried out by OMAC Laboratories, a member of ALS Global (Stewart Group Geochemical
and Assay).

Dr Glenn Millar commented:

"The  Board  of  IMC is very encouraged by these additional significant results from PL Area  2551  and  is
presently  engaged  in the next phase of follow-up drilling.  IMC has made remarkable  progress  in  recent
months and is confident that further drilling will comprehensively define this valuable gold resource."

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

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