IMC Exploration Group Plc : IMC defines further significant gold mineralization

       IMC Exploration Group Plc : IMC defines further significant gold
                                mineralization

                               21 January 2013

                          IMC Exploration Group Plc
                           ("IMC" or the "Company")

             IMC defines further significant gold mineralization

The directors of  IMC Exploration Group  plc ("IMC") are  pleased to  announce 
additional assay results  from follow up  sampling on our  Wexford licence  PL 
2551. Following our  announcement of  12December 2012  regarding Drill  hole 
12-2551-04 in  Co. Wexford  where a  core interval  from 11.50  to 13.00m  has 
yielded 354g/t  gold (=11.38oz/t  gold),  three distinct  gold zones,  two  at 
shallow depths and a third at a deeper level, have now been identified  within 
this drill hole as follows:

Zone 1 4.50 metres (10.00m-14.50m),
       including  1.50m   @   354g/t  (11.38oz/t)   as   previously   reported 
       (12/12/2012);
       1.50m @ 2.32g/t and 1.50m @ 1.13g/t.
       
Zone 2 5.00 metres (18.50m-23.50m),
       including 0.50m @ 6.16g/t and 1.50m @ 2.97g/t.
       
Zone 3 7.10 metres (149.60m-156.70m),
       including 0.80m @ 2.39 g/t and 1.00m @ 1.63g/t.

The above assays were carried out by OMAC Laboratories, a member of ALS Global
(Stewart Group Geochemical and Assay).

Dr Glenn Millar commented:

"The Board of IMC is very  encouraged by these additional significant  results 
from PL Area  2551 and is  presently engaged  in the next  phase of  follow-up 
drilling. IMC has made remarkable progress in recent months and is  confident 
that  further  drilling  will   comprehensively  define  this  valuable   gold 
resource."

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: +353 87 2745427

Mr. Hugh Gibney
Tel. Ireland: +353 1 823 0510

Dr. Glenn Millar
Managing Director
Tel. Ireland: +353 86 1714790

Kathryn Byrne
Limelight Communications
Tel. Ireland: +353 85 2336033

William Albert Securities Limited
Tel: +44 203 0063247
albene.mendy@williamalbert.com

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Source: IMC Exploration Group Plc via Thomson Reuters ONE
HUG#1671747