IMC Exploration Group PLC - Irish base metal exploration firm - Says drillhole 20-1200-01 intersected a 47 metre mineralised acid volcanic horizon at depths up to 50 metres deeper than historical drilling, during appraisal drilling on North Wexford gold project. Gold mineralisation occurs over five closely-spaced intervals, the company notes. "Having now validated that gold mineralisation is present in the rhyolites, future exploration will focus along strike, to determine an exploration vector towards the probable feeder zone of the mineralisation," said Chair Eamon O'Brien.
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By Evelina Grecenko; evelinagrecenko@alliancenews.com
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Imc Exploration (IMC)