IMC Exploration Group plc reported that drillhole 20-1200-01 intersected a 47m mineralised acid volcanic horizon (mainly rhyolites) at depths up to 50m deeper than historical drilling, during appraisal drilling on its North Wexford gold project. Gold mineralisation occurs over five closely-spaced intervals (ranging from 0.9 – 1.4m wide) with a maximum grade of 0.4 g/t Au over a 1m interval. These grades are in line with those reported previously from historic drill hole GQ1 (reported 19thNovember 2020; 0.5 g/t Au over 18.6m). The alteration associated with the rhyolites is extensive and indicative of a strong mineralising system that is prospective for both gold and base metals. The acid volcanic package tested by both GQ1 and 20-1200-01 is one of three similar geological horizons that traverse PL 1200. Historical geochemical sampling has proved elevated gold values spatially associated with all three horizons. In total, there is a strike length of circa 9km of highly prospective rock types on the licence. Furthermore, IMC operates both the adjoining licence to the southeast (PL 1199), which has the strike continuation of the same geology as PL 1200, and the highly prospective licence to the northwest (PL 2551), where IMC reported gold grades of 354 g/t Au over a 1.5m width in drilling at Boley.