Boley-Kilmichael Gold Project County Wexford, IRELAND IMC Exploration Group plc 70 Ballybough Road, Ballybough, Dublin 3, Ireland ISDX: IMCP / PLU: IMCP Project Overview • Shear-hosted gold target • Bonanza grade gold discovered during drilling at Boley: 1.5 m grading 354 g/t within a 13.5 m interval averaging 3.5 g/t Au (applying 20 g/t top cut). Further significant grade intersections including [email protected] g/t Au. DDH 12-2551-04 - Boley SAMPLE No. Interval (m) Length(m) Au (ppm) Repeat Au(ppm) As (ppm) R00128 10.00 - 11.50 1.50 2.32 329 16623 11.50 - 13.00 1.50 >100 354 1145 R00129 13.00 - 14.50 1.50 1.13 143 R00130 14.50 - 16.00 1.50 0.07 22 R00124 16.00 - 18.50 2.50 0.11 72 R00131 18.50 - 19.00 0.50 6.16 2480 R00132 19.00 - 20.50 1.50 2.97 1090 R00133 20.50 - 23.50 3.00 1.34 1080 • Large area of untested ground – potential for significant new discoveries • Lack of systematic exploration in area ISDX: IMCP / PLU: IMCP 2 Project Location ISDX: IMCP / PLU: IMCP 3 Historic Exploration • PL2551 previously held by Irish Base Metals, Riofinex, Minco, Irish Marine Oil, Aquitaine Mining and Midas Mineral Resources • Numerous bedrock and float gold occurrences, up to 935 g/t Au identified • Exploration carried out primarily in the Ballyowen- Ballygarrett and Kilmichael areas • Notable drill intercepts of 0.72m@10 g/t, [email protected] g/t and [email protected] g/t Au • Limited follow-up work ISDX: IMCP / PLU: IMCP 4 Historic Exploration Company Year Work Carried Out Notable Results Area of Interest Irish Base Metals 1964-1966 Prospecting, shallow soils Pb, Zn and Cu anomalies identified in the areas of Ballyowen- sampling Ballyowen-Ballygarrett and Kilmichael Ballygarrett, Kilmichael Texasgulf Ireland Ltd. 1977-1983 Prospecting, Aeromag survey, n/a Aquitaine Mining 1983 n/a n/a (Ireland) Ltd. Riofinex 1985-1993 Stream sediment sampling, 935 g/t from boulder at Ballygarrett, 10 g/t Au intersected Ballyowen- shallow soils and Pionjar over 0.7m of drilling. Fine gold noted in pan concentrates Ballygarrett sampling, trenching, diamond from Ballyowen. drilling Irish Marine Oil/Minco 1994-2006 Prospecting, mapping, Pionjar Mineralized quartz vein at Kilmichael grading 18.24 g/t Au Kilmichael, sampling, drilling over 0.6m at surface; 0.7m intersection grading 35.05 g/t Au Ballyowen- at 26m depth. Gold values up to 295g/t from a mineralized Ballygarrett boulder at Kilmichael. Midas Mineral 2007-2010 n/a n/a Resources ISDX: IMCP / PLU: IMCP 5 Current Exploration To-date IMC have: • Verified that soil geochemistry can be used to identify mineralized zones • Completed a 6-hole diamond drilling programme with notable gold grades intersected in each of the target areas of Boley, Kilmichael, Ballyowen-Ballygarrett and Knockbrandon • Intersected bedrock gold in the Boley area, including bonanza grades of 354 g/t Au over 1.5 m • Recognised that mineralization appears related to second-order ENE trending zones(?), oblique to primary regional NE-trending structures ISDX: IMCP / PLU: IMCP 6 Priority Targets KNOCKBRANDON KILMICHAEL • Shallow soils • Surface quartz vein anomalies follow sample returned ENE trend Knockbrandon 18.24 g/t Au • Drilling intersected • 295 g/t Au returned [email protected] g/t Au for mineralized float Kilmichael • Drilling intersections of 0.7m@35 g/t Au BOLEY and [email protected] g/t • Mineralized Au Ballyowen- intersection of 13.5m BALLYOWEN-BALLYGARRETT Ballygarrett @ 3.5g/t Au with • 935g/t Au returned bonanza grade of 354 from a mineralized g/t Au over 1.5m boulder • Mineralized float Boley • Drilling intersections of returned gold values 0.7m@10 g/t Au and up to 8 g/t. [email protected] g/t Au • Stream sediments • Fine gold noted in pan contained 7130 and concentrates 1490 ppb Au ISDX: IMCP / PLU: IMCP 7 Knockbrandon • Mineralized boulders returned gold values of 6.5, 4.8 and 2.1 g/t Au • Fine grained gold noted in panned concentrates • Shallow soils sampling by IMC has successfully delineated gold mineralized zones; coincident shallow soils and lithogeochemical anomalies • Mineralization appears related to second order ENE trending zones? – slightly oblique to main NE trending structures • Drilling by IMC (hole 2551/03) intersected 9.64 g/t Au over a 0.25 m interval (104.5-104.75 m) ISDX: IMCP / PLU: IMCP 8 Knockbrandon ENE-trending structure controlling mineralization? Drilling by IMC (hole 2551/03) intersected 9.64 g/t Au over a 0.25 m interval (104.5-104.75m) ISDX: IMCP / PLU: IMCP 9 Knockbrandon tr. Au 16-23 ppm As [email protected] g/t Au >1% As tr. Au 31-430 ppm As ISDX: IMCP / PLU: IMCP 10 Kilmichael • Gold appears related to ENE-trending zone • Historic exploration in the area returned gold assay values of 18.24 g/t Au from quartz vein samples 295, 190 and 32.9 g/t Au from mineralized boulders • Low tenor soil anomalies identified by IMC (maximum values of 31, 23 and 22 ppb Au) • Gold intersections of [email protected] g/t, [email protected] g/t, [email protected]/t (Minco, 1998) and [email protected] (IMC, 2012) ISDX: IMCP / PLU: IMCP 11 Kilmichael ENE-trending structure controlling mineralization? ISDX: IMCP / PLU: IMCP 12 Kilmichael Mineralized zone, discontinuous or truncated and offset?? Section possibly parallels NW-structure ISDX: IMCP / PLU: IMCP 13 Kilmichael Possible continuation of mineralized zone noted in previous section? ISDX: IMCP / PLU: IMCP 14 Kilmichael Possible graben structure separating mineralized zones in IMC2551/01 and Minco holes 2551/1 and 2551/2 ISDX: IMCP / PLU: IMCP 15 Ballyowen-Ballygarrett • Visible gold found with quartz in a shear zone • Abundant gold grains recovered from panned concentrates • Mineralized boulders returned gold values up to 935 g/t Au (Minco, 1998); IMC follow-up sampling returned 76.8 g/t Au • Deep overburden sampling returned maximum gold values of 2332, 1057, 768 and 656 ppb Au • Stream sediment sampling returned gold Gold grains from panned values of 110 and 256 ppb Au concentrates • Drilling intersected 0.7m@10 g/t, [email protected] g/t and [email protected] g/t Au ISDX: IMCP / PLU: IMCP 16 Ballyowen-Ballygarrett ENE-trending structure controlling mineralization? Ballyowen-Ballygarrett Drill Site ISDX: IMCP / PLU: IMCP 17 Ballyowen-Ballygarrett [email protected] g/t Au 1 to 1.15m @ 1.37, 2.49 and 2.38 g/t Au tr. to 0.69 g/t Au 14 – 205 ppm As As values range from below detection to a maximum of 7970ppm tr. to 0.43 g/t Au 32 - 411 ppm As ISDX: IMCP / PLU: IMCP 18 Ballyowen-Ballygarrett [email protected]/t Au As ranges from 15-16,800 ppm As ranges from 33-5960 ppm [email protected]/t Au 0.72m@>10 g/t Au ISDX: IMCP / PLU: IMCP 19 Ballyowen-Ballygarrett NE-trending mineralized zone at Ballyowen-Ballygarrett ISDX: IMCP / PLU: IMCP 20 Boley • Stream sediment samples returned gold values of 7130 and 1490 ppb Au • Mineralized float returned gold assays of 8 g/t, 0.5 g/t and 0.7 g/t • Intersected broad zone of mineralization over 13.5 meters including bonanza grade (1.5m@354 g/t Au) as well as 5 m zone grading 2.4 g/t Au • Average grade over 13.5 m mineralized interval of 3.5 g/t Au (top cut of 20 g/t Au applied) ISDX: IMCP / PLU: IMCP 21 Boley IMC Drillhole 12-2551-04 1.5m@354 g/t Au ISDX: IMCP / PLU: IMCP 22 Boley 350 ISDX: IMCP / PLU: IMCP 23 Structural Control on Mineralization Structural control of mineralization: Intersection of secondary ENE-trending structures with main regional trend? Formation of mineralized corridors? ISDX: IMCP / PLU: IMCP 24 Structural Control on Mineralization Dark blue-grey slate, phyllite & schist Green & grey slate with thin siltstone Gold anomalism associated with ENE-trending zones Basalt & gabbro ISDX: IMCP / PLU: IMCP 25 Recommendations • Develop better understanding of the structural controls through: 1. Landsat structural study 2. Reprocessing of available airborne geophysics (magnetic and electromagnetic data) • Large soil geochemistry survey to cover 5 km untested area between Boley and Kilmichael • Define bedrock gold source through tracing of boulder train, stream source etc • Detailed prospecting at Boley and as follow-up to soil geochemistry survey ISDX: IMCP / PLU: IMCP 26 Proposed Soil Survey Knockbrandon ENE-trending Au anomaly Kilmichael & Ballyowen-Ballygarrett ENE-trending Au anomalies Proposed area to be covered by soil geochemistry survey. This would encompass targets with known bedrock Au and potentially Boley reveal additional mineralized areas. ISDX: IMCP / PLU: IMCP 27 Directors Liam McGrattan (Chairman) Liam McGrattan has a background in sales and finance, having successfully launched Custom Finance Ltd, a specialist leasing company. For the past ten years he has specialised in the small cap equities market, being involved in a number of highly successful private and publicly quoted companies on the PLUS-quoted market and the AIM of the London Stock Exchange. Nial Ring (CEO / Financial Director) Nial Ring (FCCA) graduated from Dublin City University with an Accounting/Finance Degree and began his career with Allied Irish Bank plc. He is a licentiate of the Institute of Bankers and has a Diploma in Financial Services Law from the National University of Ireland, Dublin. He has served as General Manager of Barrick Capital Corporation, a wholly owned subsidiary of Barrick Gold, based in Dublin's International Financial Services Centre.