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Brand CEO Alan Green talks Open Orphan #ORPH, Volga Gas #VOLG, Thomas Cook #TCG & IMC Exploration #IMC on Vox Markets podcast

Alan Green, CEO of Brand Communications talks about: Open Orphan #ORPH Volga Gas #VGAS Thomas Cook #TCG IMC Exploration #IMC with Justin Waite on the Vox Markets podcast. Interview is 7 minutes 29 seconds in.

IMC Exploration Group Plc (IMCP) announces that a drilling programme has commenced on PL 2551 in Co. Wexford, Ireland.

IMC Exploration Group Plc announces that a drilling programme has commenced on PL  2551 in Co. Wexford, Ireland. This is a highly prospective licence for gold mineralisation.  There are many occurrences of gold in panned concentrates, gold in soils, gold in deep overburden, gold in mineralised float and gold in bedrock.

The IMC Directors believe that this current drilling programme will complement the work already carried out by IMC that significantly upgraded the gold potential of this licence.

It is considered that there is strong support for the presence of a zone of major gold mineralisation trending NE to ENE.

Dublin, 4th March 2018 

The Directors of the Company accept responsibility for this announcement. 

END OF REGULATORY ANOUNCEMENT

Enquiries:
IMC Exploration Group Plc
Mr. Eamon O’Brien: Tel. Ireland: +353 87 6183024
Ms. Kathryn Byrne: Tel. Ireland: +353 85 2336033

Keith, Bayley, Rogers & Co. Limited 
Graham Atthill-Beck: Tel: +44 20 7464 4091/+44 750 643 4107/+971 50 856 9408
E-mail: Graham.Atthill-Beck@kbrl.co.uk
Brinsley Holman: Tel: +44 207 464 4098
E-mail: Brinsley.Holman@kbrl.co.uk

IMC Exploration Group Plc (IMCP) – Issue of Equity; Directors’ Interests

The board of IMC is pleased to announce that it has raised GBP 120,000 before expenses by way of a placing (the “Placing”) of 10,000,000 new ordinary shares of EUR0.001 each in the capital of the Company (“Ordinary Shares”) at a price of 1.2 pence per share (the “Placing Shares”). The total number of Ordinary Shares in issue following the Placing is 250,014,285.

The net proceeds of the Placing will be used to continue with IMC’s three main Projects: IMC’s study on PL 3850 on its spoils and tailings project in Avoca, Co. Wicklow, IMC’s north Wexford gold project and IMC’s zinc project in Tulla, Co. Clare.

The board has been advised that the new Chairman, Mr Eamon O’Brien, has subscribed for 4,340,000 of the Placing Shares. This will increase his shareholding in IMC from 1,900,000 (0.79%) to 6,240,000 Ordinary Shares, or 2.50%.

IMC further confirms that the directors’ shareholdings and their percentages of voting rights in the issued share capital of IMC as it has been enlarged by the Placing described above, are as follows:

Name of Director Number of Ordinary Shares Percentage of Issued Share Capital
Eamon O’Brien 6,240,000 2.50
Dr. Glenn Millar 3,600,001 1.44
Laz Fleming 3,615,001 1.45
Kathryn Byrne 1,025,000 0.41

Dublin, 3rd October 2018

The Directors of the issuer accept responsibility for this announcement.

Enquiries:

IMC Exploration Group Plc
Mr. Eamon O’Brien
Telephone (Ireland): +353 87 6183024

Keith, Bayley, Rogers & Co. Limited
Mr. Brinsley Holman
Telephone: +44 20 7464 4098
Mr. Graham Atthill-Beck
Telephone: +44 20 7464 4091/+44 750 643 4107/+971 50 856 9408

IMC Exploration (IMCP) – International Mining Developments Impact Positively on IMC

Global events in recent months have impacted very positively on the mining sector and IMC Exploration (ISDX:IMCP) is in a position to benefit from these developments. On a macro level, the rising price of gold and zinc since the beginning of the year is very reassuring but we are also very mindful of, and encouraged by, the results of an Irish Government sponsored/instigated geological survey.

In March 2016, the Geological Survey of Ireland (GSI) released the Tellus Survey, revealing higher than expected values of gold and platinum in the streams and rivers of Counties Wicklow and Wexford in south east Ireland.  All five of IMC’s precious metal prospecting licences in Wicklow and Wexford are sited centrally in the survey region, the very licence areas we are exploring with our joint venture partners, Koza Limited (a subsidiary of the gold mining major, Koza Altin Isletmeleri AS).

The Tellus Survey further confirms high levels of gold in streams near the Gold Mine River and Avoca region of Wicklow, justifying, confirming and validating the current geological exploration programme underway with Koza Limited.

The company has had several approaches from international mining companies in relation to its base metal licences.  These approaches have come as a result of a resurgence of interest in the base metal sector in Ireland, leaving IMC well positioned to take advantage of this via our 10 base metal licences, through the imminent implementation of our comprehensive, fully costed and attainable 18 month base metal Work’s Programme.

Chairman, Liam McGrattan said:  “Ireland’s position as the largest producer of zinc concentrates in Europe and its rank as the 10th largest producer of zinc concentrates in the world, IMC is poised to join the list of companies adding value to this national asset. This is a great time for gold and base metals and is an exciting time for IMC.”

The Directors of the issuer accept responsibility for this announcement.

Contact Details:

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

Brand Communications
Mr. Alan Green
Tel. +44 (o)7976 431608

IMC Exploration Group (IMCP) – Publication of Prospectus

IMCIMC Exploration Group plc

(Incorporated and Registered in Ireland under the Irish Companies Acts 1963-2009 with registered number 500487)

Publication of Prospectus in relation to the proposed application for admission of all of the 107,816,719 Ordinary Shares in issue to the standard segment of the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange

The Directors of IMC Exploration Group plc are pleased to announce that the Central Bank of Ireland has approved the Prospectus dated 17th May 2016 relating to the Company’s proposed application for admission of all of the 107,816,719 Ordinary Shares in issue to the standard segment of the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange.

The prospectus is available on the Company’s website (http://www.imcexploration.com/news/prospectus) and is available for inspection in physical format at the Company’s registered office, 70 Ballybough Road, Ballybough, Dublin 3, Ireland during business hours (Monday – Friday. 9am – 5pm) up to and including 31st May 2016. Investors may also refer to this address to request a paper copy of the prospectus.

The Company will apply for admission of all of the 107,816,719 ordinary shares in issue to the standard segment of the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange and expects admission to take place on or about 31st May 2016.

The Directors take responsibility for this announcement.

Contact Details:

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

Brand Communications
Mr. Alan Green
Tel. +44 07976 431608

18 May 2016

CEO Interview: Partnership with Koza Gold a great opportunity for IMC Exploration (IMCP) in Ireland

The Finance Director of IMC Exploration PLC, Nial Ring, joined Alan Green, CEO of Brand Communications, on the Tip TV Finance Show to discuss the projects and developments ahead for the company.

What does the future hold for IMC Exploration?

Ring began by outlining that IMC has 5 precious metal and 10 base metal licences in Ireland, and has entered a joint venture with Koza Gold. He continued that Koza Gold has invested 1.4 million euros for 55% of the precious metal licences, and Ring already noted that they have drilled over 1000 metres, have analysed 420 drill holes and spent plenty of time and money investigating in Ireland. He highlighted that IMC Exploration is preparing to be fully-listed on the stock market in order to be able to raise capital for future deals with Koza Gold or other firms interested in working with IMC.

Alan Green discusses CEB Resources, Nanoco & IMC Exploration on the ADVFN podcast

CEB ResourcesAlan Green discusses CEB Resources (CEB), Nanoco (NANO) & IMC Exploration (IMCP) with Justin Waite on the ADVFN podcast.

The interview on podcast 341 is 21 minutes,20 seconds in. Click here to listen.

IMC Exploration – Update on Base Metal Licences

IMCIMC 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.

Contact Details:

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

Gold Frenzy, the story of Wicklow’s gold pt 6 – IMC Exploration

IMCGoldFrenzyGold Frenzy, the story of Wicklow’s gold – An excerpt from the book  by Dr Peadar McArdle.

Dr McArdle, who recently retired as Director of the Geological Survey of Ireland, has had a long term interest in the history and origin of the Goldmine River gold deposits.

Text copyright Dr Peadar McArdle 2011.

Pt 6- Start of official gold mining operations.

The first technical report of the gold workings below the bridge at Ballinvalley was published by Abraham Mills Esq., manager of the Cronebane Copper Mines at Avoca, Thomas King and Thomas Weaver, in the prestigious Philosophical Transactions of the Royal Society of London for the year 1796 and subsequently reprinted in the Transactions of the Dublin Society for 1801. The account describes the extent of the workings and the nature of the bedrock and overburden of Croghan Kinshelagh and its ravines. Particular attention was paid to the distribution of quartz veins, all of which were reported as barren of gold.

Operations were started on 12 August 1796 and it is reported that a gold particle was recovered on that very day. Thomas Weaver, as one of three Commissioners (including Abraham Mills) appointed to manager the venture, was a key figure and he would in time gain a considerable reputation as a geologist. However at this time he was a relatively recent graduate of the University of Freiburg, aged only 23, and he had been in charge of the copper mines at Cronebane and Tigroney since 1793. The Goldmines Act received the Royal Assent in April 1797 and the first ingot of gold was sold to the Bank of Ireland two months later. The purpose of the operation, according to G.A. Kinahan, was “endeavour to collect all the gold deposited, and thereby to remove every temptation for the assembling of mobs, whose numbers had before that time increased to a very alarming degree.” A most noble motivation! There was no question that the Government, whether British or not, might be interested in any gold recovered!

The workings were carried out efficiently and thoroughly, using riffles and similar equipment. However in Cornwall, the tin ore was not confined to linear stream courses nor was it covered by barren subsoil. Instead it was scattered throughout granite bedrock that, by means of chemical alteration, now had the appearance of soft disaggregated subsoil from which the durable pieces of ore could be easily washed. In Goldmine River the gold was preferentially found to occur at the base of the subsoil (as Camden had originally reported to London) and so the overburden right down to bedrock was thoroughly worked and all gold particles extracted. Only when the overburden exceeded 9 metres in thickness did this not happen. By the time of the May 1798 Rebellion, when the workings ceased, another 17 kg gold had been profitably recovered. A decent amount of production but nothing compared with the 80kg recovered by the neighbours in just six weeks. Weaver states in 1819. “Government had fully reimbursed its advances, the produce of the undertaking having defrayed its own expenses, and left a surplus in hand.”

IMC2A party of militia went to the workings at the end of May 1798, when the disaffected workforce had apparently gone off to join the rebels, and transported all the timber and materials back to Rathdrum where they were used in fitting out a barracks. The militia were only just in time, for shortly afterwards the rebels arrived and destroyed any buildings or workings remaining at Goldmine River. The Commissioners of the company served as military officers themselves and were rewarded by the company when the rebellion ended, with First Lt Weaver receiving silver plate worth30 guineas, a handsome reward.

To be continued…

Other books by Dr Peadar McArdle can be viewed on Amazon here

Gold Frenzy, the story of Wicklow’s gold pt 5 – IMC Exploration

IMCGoldFrenzyGold Frenzy, the story of Wickow’s gold – An excerpt from the book  by Dr Peadar McArdle.

Dr McArdle, who recently retired as Director of the Geological Survey of Ireland, has had a long term interest in the history and origin of the Goldmine River gold deposits.

Text copyright Dr Peadar McArdle 2011.

Pt 5- Wicklow Gold Mine Bill ends glorious gold rush

Back in the valleys surrounding Croghan Mountain, residents would have become less interested in the machinations of Dublin Castle and no doubt allowed themselves to reflect with quiet satisfaction on recent events in their own neighbourhood. In the space of four weeks they had enthusiastically recovered as much as 80kg of the precious metal – perhaps more than a quarter of all the gold that would eventually be found here. Nevertheless it must be conceded that the glorious gold rush was at an end.

All falls silent now for some time regarding gold mining events. The Dublin authorities had apparently made a submission to Hi Majesty’s ministers in London. By early December 1795 Finn’s Leinster Journal  indicated that now decisive answer had been received, the Cabinet being evidently distracted with more serious matters elsewhere. “In the meantime our Irish Potosi remains unexplored to the great disappointment of many.” The next reference in this newspaper is more prosaic, a report from the House of Commons of the Irish Parliament for Tuesday 14 March 1797. The Chancellor of the Exchequer presented a Bill to enable the Lords of the Treasury to regulate the working of gold mines. He said that the Wicklow gold mine had been productive but expensive to work. Accordingly, it was intended to commit its management to the landowners who would be obliged to return to the Treasury “a quantity of ore equal to what had been found to be the average.”

The Bill sailed through the Irish House of Commons in March-April 1797 without any controversy or dissent. The Bill was read a third time on 23 March and then sent to the Lords for their concurrence. Finally on 24 April the Lord Lieutenant summoned the Commons to the House of Peers where it pleased His Excellency to give the Royal Assent to a series of Bills, including that on the Wicklow old Mine. A good day’s work was recorded and their Lordships adjourned to the next day.

IMC2It is clear from the Chancellor’s remarks that the workings had not lain idle since the diggers were banished by the militia in October 1795. Gold operations on behalf of the Government were operated by the engineers from Avoca. In fact these workings began on 12 August 1796 close to the Red Hole below the bridge at Ballinvalley. The lithograph prepared by Thomas Sautell Roberts for the information of members of the Irish House of Commons shows workings on a scale and with a degree of order that could not have been achieved in the circumstances of the 1795 gold rush. So preparations for the next phase of operations had already been underway for some time in the Goldmine valley itself.

The coverage of the gold rush in the various media shows a remarkable degree of consistency and this no doubt reflects that they tended to use the same information sources. The Wicklow events clearly made an impression in the wider world, as reflected, for example, in the contemporary London play, The Lads of the Hills, or, The Wicklow Gold Mine.

To be continued…

Other books by Dr Peadar McArdle can be viewed on Amazon here

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