IMC Exploration Group plc announced assay results from a drillhole at its Boley project on PL 2551 Co. Wexford, Ireland. IMC identified an area of extensive anomalous gold values in panned concentrates and in 2012 first drilled the Boley target.  This drillhole intersected two zones of gold mineralization with the upper zone associated with a bonanza grade quartz boulder with visible gold which assayed 354g/t Au over a 1.5m interval.  The lower zone contained values of 2m grading 1.4g/t Au.

  Drillhole 24-2551-01 was designed to test the interpreted strike extent of the two zones of gold mineralization 150m to the northeast.  The drillhole intersected both mineralized zones and returned values of 1m grading 5.8g/t Au from 90.5 ? 91.5m in the upper zone and 1m grading 1.1g/t Au from 139.5 ? 140.5m in the lower zone.  Background gold values are present throughout both zones, which are interpreted as shear zones, and are considered prospective for orogenic style gold mineralization.  The drillhole reached a depth of 172.5m.

  The mineralization is present in wide zones of quartz-veined sediments (6m and 20m wide respectively) of which the upper zone is interpreted as the probable host of the 354g/t Au bonanza grade boulder.  Geological analysis suggests that there may be several parallel structures in the immediate area, yet untested, which are open along strike and to depth.