IM Exploration Inc. announced the results of its initial exploration program at its Mulloy Graphite Project in Rowlandson Township, Ontario. The work at the Property consisted of 10 kilometres of preliminary line-cutting, followed by 9 kilometres of geophysical surveying, both magnetic and electromagnetic (HLEM). Exploration efforts were concentrated around a prospective target at the western boundary of the Property. Exploration Program Results; Two conductors were identified from the November-to-December 2019 survey. The first conductor is coincident with a strong magnetic high and is interpreted to be associated with a potential iron formation. In the vicinity of the Property, iron formations can be associated with base metal and gold mineralization. The conductor extends roughly east-west across the entire survey area (500 metres) and remains open at both ends. The second conductor shows a slightly weaker response with no significant magnetic correlation. The lack of a magnetic response would suggest that Conductor B represents a graphite target. Conductor B runs parallel to Conductor A for approximately 200 metres and remains open to the west of the survey area. Further exploratory sampling and drilling would be required before the Company can confirm these interpretations.