IMC Exploration is pleased to announce that its ten base metal licences have been reviewed and renewed by the Exploration and Mining Division of the Department of Communication, Minerals and Natural Resources.
These include licences in Co. Clare (PL 3550, PL 3806, PL 3644 & PL 3729), Co. Tipperary (PL 3670, PL 3426 and PL 3677), Co. Roscommon (PL 2103 and PL3460), Tipperary and Offaly (PL3668).
IMC has a works programme in place for these ten base metal licences and is currently in discussion with interested parties to progress this exploration.
Chairman Liam McGrattan commented ‘We believe zinc prices will start to appreciate towards the end of 2015 as several large zinc mines around the world become exhausted. We believe this is the opportune time to exploit this potential.’
The Directors of the issuer accept responsibility for this announcement.
IMC Exploration Group Plc
Mr. Liam McGrattan
Tel. Ireland: +353 87 2745427
Keith Bayley Rogers & Co. Limited
Mr. Hugh Oram
Tel. +44 207 464 4090