IMC Exploration Group Plc Update re. Collaboration with Trinity College Dublin

 
TIDMIMC 
 
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY IMC TO 
 CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION 
(EU) NO. 596/2014, AS AMENDED ("MAR"). ON THE PUBLICATION OF THIS ANNOUNCEMENT 
 VIA A REGULATORY INFORMATION SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW 
                    CONSIDERED TO BE IN THE PUBLIC DOMAIN. 
 
                 IMC Exploration Group Public Limited Company 
                                    ("IMC") 
Work by the Raw Materials Characterization Laboratory at Trinity College Dublin 
on the distribution of precious metals at IMC's Avoca deposit and Kilmacoo gold 
                         prospect in Ireland continues 
 
IMC, in association with the Raw Materials Characterization Laboratory at 
Trinity College Dublin, is continuing studies on the precious metals to be 
found at IMC's wholly-owned Avoca deposit and Kilmacoo gold prospect in Co. 
Wicklow, Ireland. The collaboration between the Raw Materials Research Group at 
Trinity College Dublin and IMC was announced on 24th September 2019. The aim of 
the continuing work is further to characterise the form and distribution of 
gold to assess the extent of syn-tectonic enrichment during the Caledonian 
Orogeny. IMC's project represents an opportunity to apply a state-of-the-art 
microanalytical approach to a major, historical deposit which has significant 
exploration upside.  The study is refining the understanding of metal zonation 
and sulphide paragenesis within the Avoca orebodies and Kilmacoo Au prospect 
and it will allow the development of a robust mineral deposit model for gold 
mineralisation across the Avoca District in particular and South-East Ireland 
in general. 
 
 
The project will contribute important mineral chemical data on sulphide phases 
hosting gold, benefiting exploration and supporting future metallurgical work 
on the mineralisation at Avoca and Kilmacoo. 
 
Eamon O'Brien commented, "It is significant that our Kilmacoo project at Avoca, 
Co. Wicklow is being worked on by the Raw Materials Characterization Laboratory 
of Trinity College Dublin. The presence of an inferred resource of gold, 
silver, lead, copper and zinc in the Avoca spoils' and tailings' project has 
already been set out in IMC's Mineral Resource Estimate ("MRE") announced on 
11th September 2019, which was prepared in accordance with the JORC Code 
(2012). The MRE is of great significance to IMC, with the gold estimate alone 
coming in at 20,000 ozs. The microanalytical approach will also benefit and 
support our forthcoming metallurgical testing." 
 
This regulatory release has been approved by Eur Geol Professor Garth Earls, 
PGeo, FSEG, who is an independent consulting geologist and a Competent Person 
as defined in the JORC 2012 reporting code. 
 
Eamon P. O'Brien, 
Executive Chairman, 
5th November 2019 
 
The Directors of IMC, after due and careful enquiry, accept responsibility for 
the contents of this announcement. 
 
REGULATORY ANNOUNCEMENT ENDS. 
 
Enquiries: 
 
IMC Exploration Group plc 
Kathryn Byrne: [phone] 
 
Keith, Bayley, Rogers & Co. Limited 
Graham Atthill-Beck: [phone] / [phone] / 
[e-mail] 
Brinsley Holman: [phone] / [e-mail] 
 
 
 
END 
 

(END) Dow Jones Newswires

November 06, 2019 04:03 ET (09:03 GMT)