IMC Exploration Group Plc: 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: [phone]

Mr. Hugh Gibney
Tel. Ireland: [phone]
Dr. Glenn Millar
Managing Director
Tel. Ireland: [phone]

William Albert Securities Limited
Mr.Samrat Bhandari
Tel. UK:  [phone]

Kathryn Byrne
Limelight Communications
Tel. Ireland: [phone]

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Source: IMC Exploration Group Plc via Thomson Reuters ONE

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