March 25, 2013 09:47 ET

Unaudited Consolidated Interim Results for the six months ended 31st December 2012

                                            IMC Exploration Group PLC
                                             ("IMC" or the "Company")
                Unaudited Consolidated Interim Results for the six months ended 31st December 2012


Dear Shareholder,

I am pleased to present the interim financial and operating results for IMC for the six months to 31st December

The second half of 2012 proved to be an exciting time for your company, the highlight being the discovery of
"bonanza" grade gold during drilling at Boley, Co. Wexford which yielded grades of 354g/t gold (11.38oz/t gold)
within a 13.5m interval averaging 3.5g/t gold.

This exceptional result followed on from other previous positive results and further drilling results have
identified three distinct gold zones in this licence area.

Further work is presently being carried out in Wexford, including the reprocessing of available airborne geophysics
and geochemical surveys, all of which will give a clear definition of the enormous potential of the Wexford licence

In Tulla Co. Clare findings from further drilling, backed up by an independent Competent Person's Report, confirmed
the area's potential to host significant zinc and other base metal mineralisation.  Features of a type associated
with Silvermines, Lisheen and Galmoy Zn-Pb deposits were identified which endorsed the directors' belief that the
Tulla area hosts significant base metal mineralisation.

The recent award by the Department of Communications, Energy and Natural Resources of two licences in Avoca, Co.
Wicklow is a significant achievement by the company. This is a further endorsement of our progress to date as well
as our ability to put in place professional, competent and achievable strategic plans to maximise the potential of
each licence area.

We have already commissioned an independent report on the Avoca Licence area, where drilling targets have been
identified and a detailed program of exploration, drilling and analysis of our five licence areas in
Wicklow/Wexford is underway.

We will keep you, our shareholders, informed of all developments as your company enters a further exciting stage of
its development.

Dr Glenn Millar,
Chief Executive Officer

Unaudited Consolidated statement of comprehensive income                                   
for the period ended 31 December 2012                                                     
                                                                 Six Months      Six Months
                                                 Notes            31-Dec-12       31-Dec-11
                                                                       Euro            Euro

Continuing Operations                                                     -               -
Revenue                                                                   -               -
Other Income                                                          5,193               -
Administrative Expenses                                           (170,235)       (252,433)
(Loss) before tax                                                 (165,042)       (252,433)
Income tax expense                                                        -               -
(Loss) for period from continuing operations                      (165,042)       (252,433)
Other Comprehensive income                                                -               -
Loss for the period and total comprehensive loss for the period   (165,042)       (252,433)
Earnings per share (all continuing)                                                 
Loss per ordinary share - basic & diluted            1             (0.0031)        (0.0049)

Unaudited Consolidated Statement of Financial Position                                    
As At 31st December 2012                                                                  
                                                                31-Dec-12        31-Dec-11
                                                 Note                Euro             Euro
Non Current Assets                                 2              511,029          137,528
Current assets                                                                            
Debtors                                                           135,233           28,570
Cash and cash equivalents                                         303,414        1,039,317
Total assets                                                      949,676        1,205,415
Equity and liabilities                                     

"A" Ordinary Share Capital                         3               38,093           38,093
Ordinary Share Capital                             3               53,309           53,309
Share Premium - Ordinary Shares                    3            1,319,107        1,319,107
Retained Earnings                                               (513,550)        (256,933)

Equity attributable to the owners of the Company                  896,959        1,153,576
Current Liabilities                                                                       
Trade & Other Payables                                             52,717           51,839
Total liabilities                                                  52,717           51,839
Total equity and liabilities                                      949,676        1,205,415

Unaudited Consolidated Statement of Changes in Equity                                                        
for the period ended 31 December 2012                                                                       
                                   "A" Ordinary   Ordinary Share    Share Premium      Retained         Total
                                  Share Capital          Capital       - Ordinary        losses
                                           Euro             Euro             Euro          Euro          Euro
Balance at 30 June 2012                  38,093           53,309        1,319,107     (348,508)     1,062,001

Loss for the Period                           -                -                -     (165,042)     (165,042)
Other comprehensive loss                                                                                     
for the period                                -                -                -             -             -
Total Comprehensive loss    
for the period                                -                -                -     (165,042)     (165,042)

Issue of share capital                        -                -                -             -             -

Balance at 31 Dec 2012                   38,093           53,309        1,319,107     (513,550)       896,959

Accounting policies

Basis of Preparation

The  financial statements have been prepared on a historical cost basis. The financial statements are presented  in

    (a)  Statement of Compliance
The  consolidated unaudited interim financial statements of IMC Exploration Group Plc and its subsidiary  have  not
been  reviewed by the auditor and have been prepared in accordance with International Financial Reporting Standards
('IFRS') as adopted by the European Union ('EU'). In addition to complying with its legal obligation to comply with
IFRS  as adopted for use in the EU, the Group has also complied with IFRS as issued by the International Accounting
Standards Board ('IASB').

1. Loss per share                                                                   
Basic loss per Ordinary Share amounts are calculated by dividing net loss for the period
attributable to ordinary equity holders of the parent by the weighted average number of Ordinary
Shares outstanding during the period.
Basic  earnings per share                                                           
The weighted average number of ordinary shares used in the calculation of basic and diluted
earnings per share is as follows                                                    
                                                                        31-Dec-12         31-Dec-11
                                                                             Euro              Euro

Loss for the period attributable to equity holders of the parent          165,042           346,008

Weighted average number of ordinary shares for the purposes            
of basic earnings per share                                            53,129,059        37,206,946
Basic (loss) per ordinary share                                          (0.0031)          (0.0049)

2. Intangible assets - Exploration and Evaluation Assets                              
                                                                            Ireland             Total
Cost                                                                           Euro              Euro
At 30th June 2012                                                           314,392           314,392
Additions                                                                   181,895           181,895
At 31 December 2012                                                         496,287           496,287

Provision for diminution in value                                                                    
At 30th June 2012                                                                 -                 -
Charge for period                                                                 -                 -
At 31 December 201                                                                -                 -
Net book value                                                                                       
At 31 December 2012                                                         496,287           496,287
At 30th June 2012                                                           314,392           314,392

Expenditure on exploration activities is deferred on areas of interest until a reasonable assessment 
can be determined of the existence or otherwise of economically recoverable reserves. No amortisation 
has been charged in the period. The directors have reviewed the carrying value of the exploration and 
evaluation assets and consider it to be fairly stated and not impaired at 31 December 2012. The 
recoverability of the exploration and evaluation assets is dependent on the successful development or 
disposal of the Group's licence areas.

3. Share capital - Group and Company                                        31-Dec-12         31-Dec-11
Authorised equity                                                                Euro              Euro
200,000,000 Ordinary shares of Euro0.001 each                                 200,000           200,000
50,000 "A" Ordinary of  one euro                                               50,000            50,000
                                                                              250,000           250,000

Issued, called up and fully paid:                            Number of          Share                  
                                                                shares        Capital           Premium
Euro 0.001 Ordinary Shares                                                       Euro              Euro
At 30 June 2012                                             53,308,507         53,309         1,319,107
Issued in period                                                     -              -                 -
As at 31 December 2012                                      53,308,507         53,309         1,319,107

Issued, called up and partly paid:                           Number of          Share             Share
                                                                shares        Capital           Premium
One Euro A Ordinary Shares                                                       Euro              Euro
At 30 June 2012                                                 38,093         38,093                 -
Issued in period                                                     -              -                 -
As at 31 December 2012                                          38,093         38,093                 -

"A" Ordinary Shares have the right to receive notice of and attend but not to vote at general
meetings, no right to a dividend, right to return of capital but no further right to participate in
a distribution of assets of the company.

General information on the Company and the Group

IMC Exploration Group Plc has secured full rights to 18 licences for base metal exploration in the Irish Base Metal
Province and 5 licences for gold exploration in Wicklow/Wexford.

The Group has conducted a review of historic mineral exploration data utilising the extensive experience, knowledge
and  expertise  of  the  team.  Drill  targets have been generated on each of the  prospecting  licences  based  on
exploration models developed by the Group. The Group intends to undertake an exploration programme that includes  a
comprehensive historical data compilation and review, geochemical sampling, geophysical data capture/processing and
ultimately drilling based on these analyses.
                     The directors of the issuer accept responsibility for this announcement.

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

Mr. Hugh Gibney
Tel. Ireland: +353 87 671 9332

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

Contact Information