Group Eleven Resources Corp. is pleased to announce that a two-rig drill program has begun at the Company's 100%-owned Ballywire zinc-lead-silver discovery , PG West Project , Republic of Ireland. Highlights Two drill rigs have been mobilized to Ballywire with drilling to commence over the next few days Drilling will focus on the gravity-high anomalies along strike from the discovery area at Ballywire , spanning a [...]
Dec. 22, 2023 /CNW/ - Group Eleven Resources Corp. is pleased to announce that it has closed its previously announced non-brokered private placement for aggregate gross proceeds of $3,000,000, through the sale of 25,000,000 units of the Company at a price of $0.12 per Unit . All currency in this news release is denominated in Canadian dollars. Each Unit consists of one common share in the capital of the Company and [...]
/Not for dissemination in the United States or for distribution to U.S. wire services/ Group Eleven Resources Corp. is pleased to announce that it has increased the size of its non-brokered private placement , as described in the Company's news release dated December 12, 2023. The Company now intends to issue 25,000,000 units of the Company at a price of $0.12 per Unit for gross proceeds of $3,000,000 . All currency in [...]
Group Eleven Resources Corp. is pleased to announce that it has increased the size of its non-brokered private placement , as described in the Company's news release dated December 11, 2023. The Company now intends to issue 16,666,666 units of the Company at a price of $0.12 per Unit for gross proceeds of $2,000,000 . All currency in this news release is denominated in Canadian dollars. Each Unit will consist of one [...]
/Not for dissemination in the United States or for distribution to U.S. wire services/ Group Eleven Resources Corp. is pleased to announce a non-brokered private placement of 12,500,000 units of the Company at a price of $0.12 per Unit for gross proceeds of $1,500,000. All currency in this news release is denominated in Canadian dollars. Each Unit will consist of one common share in the capital of the Company and one-half [...]
Group Eleven Resources Corp. is pleased to announce drill results from five step-out holes at its 100%-owned Ballywire zinc-lead-silver discovery , PG West Project , Republic of Ireland. One more step-out hole and germanium assays remain pending from the Ballywire area, with results expected over the coming weeks. Highlights G11-3552-03 returned 11.2m of 8.9% Zn+Pb and 83 g/t Ag, including 4.7m of 9.7% Zn+Pb and 79 g/t Ag [...]
Group Eleven Resources Corp. is pleased to announce results of a ground gravity survey carried out during June 2023 at its 100%-owned Ballywire zinc-lead-silver discovery , PG West Project , Republic of Ireland. Highlights Detailed ground gravity surveying and modelling over the central portion of the Ballywire discovery area has identified a previously unknown gravity anomaly associated with known high-grade Zn-Pb-Ag [...]
Group Eleven Resources Corp. announces that it has granted incentive stock options, to directors, officers and employees of the Company to purchase up to 1,435,000 common shares in the capital stock of the Company. These options vest over a period of two years from the date of grant, at an exercise price of $0.11 per share. All options granted are subject to regulatory approval. The Company is also pleased to announce [...]
Group Eleven Resources Corp. is pleased to announce assay results from two recent step-out holes at its 100%-owned Ballywire zinc-lead-silver discovery , PG West Project , Ireland. Highlights from drill hole G11-468-12 at Ballywire: Two high-grade zones intersected, including the most extensive alteration and highest silver and copper grades discovered to date on the property: 10.5m of 14.7% Zn+Pb , 399 g/t Ag and 0.31 [...]
Group Eleven Resources Corp. is pleased to announce that all resolutions were passed by the requisite majority at its annual general meeting held in Vancouver, British Columbia on July 27, 2023. Annual General Meeting Results A total of 109,450,166 common shares were represented at the AGM, representing 62.554% of the votes attached to all outstanding common shares as at the record date. All of the matters submitted to [...]
Group Eleven Resources Corp. is pleased to provide a drill progress update and announce the addition of a second drill rig at the Ballywire Zn-Pb-Ag-Ge discovery , PG West Project , Ireland. Drill Update at Ballywire: Two drill holes have been completed , totalling 375m and 323m, respectively; results are to be announced over the coming weeks upon completion of assays expected in due course G11-468-09 was a 375m [...]
Group Eleven Resources Corp. announces that the TSX Venture Exchange has approved the previously announced extension of warrants of the Company which were to otherwise expire on July 28, 2023. The Company has extended the expiry date of the 12,916,667 Warrants granted on July 28, 2020, with each Warrant entitling the holder to purchase one common share of the Company, as follows: Certificate Numbers Aggregate Number of [...]