Group Eleven Resources Corp. announces that, subject to the approval of the TSX Venture Exchange, the Company is seeking to extend the term of certain warrants of the Company which would otherwise expire on July 28, 2023. Warrant Repricing and Extension The Company intends to extend 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 [...]
Group Eleven Resources Corp. is pleased to announce assay results from three latest step-out holes at its Ballywire Zn-Pb-Ag discovery , PG West Project. Each hole returned significant mineralization , expanding the footprint of known mineralization and demonstrating potential for further growth. Drill Update at Ballywire: G11-468-10, extending known mineralization by 75m downdip, intersected mineralization over 67.0m [...]
Group Eleven Resources Corp. announces that it has issued a total of 1,714,284 deferred share units to three independent directors as settlement of remuneration owing for directorship services provided in fiscal years 2020 and 2022, in accordance with the provisions of the Company's deferred share unit plan. Correction to Terms of Finder's Warrants Further to the Company's news release dated May 26, 2023 announcing the [...]
Group Eleven Resources Corp. is pleased to announce that it has closed its non-brokered private placement , as previously announced in the Company's news releases dated May 1, 2023 and May 2, 2023. In connection with the Private Placement, the Company issued 16,666,666 units at a price of $0.09 per Unit for aggregate gross proceeds of approximately $1,500,000. Each Unit consists of one common share in the capital of the [...]
Group Eleven Resources Corp. is pleased to announce an increase in the size of its previously announced non-brokered private placement , as described in the Company's news release dated May 01, 2023. The Company now intends to issue up to 16,666,666 units of the Company at a price of $0.09 per Unit for gross proceeds of up to $1,500,000 . All currency in this news release is denominated in Canadian dollars. Each Unit will [...]
/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 up to 11,111,111 units of the Company at a price of $0.09 per Unit for gross proceeds of up to $1,000,000. 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 [...]
Group Eleven Resources Corp. is pleased to announce that it intersected semi-massive sulphides in a thick zone of mineralization located 115m down-dip of the discovery hole at its Ballywire Zn-Pb-Ag discovery , PG West Project , Ireland. The Company also provides a drill update and announces the identification of gravity anomalies at Ballywire. Drill Update at Ballywire: Three of four holes have now been drilled as part [...]
Group Eleven Resources Corp. is pleased to announce that it intersected a wide zone of zinc-lead-silver mineralization 60m to the east of the discovery hole at its Ballywire zinc prospect , PG West Project , Republic of Ireland. Highlights: G11-468-06 intersected 6.04m of 12.4% Zn+Pb and 68 g/t Ag, including 2.48m of 29.2% Zn+Pb and 160 g/t Ag, within a wider zone of 10.08m of 8.6% Zn+Pb and 46 g/t Ag, in a 60m step-out [...]
Group Eleven Resources Corp. is pleased to announce that drilling continues at its Ballywire zinc discovery , PG West Project , Ireland. The Company also reports results from regional drilling at its Stonepark Project and its PG West Project, Ireland. Highlights - Ballywire Follow-up drill program at the Ballywire discovery, consisting of five holes totalling approximately 1,500m is ongoing at a steady pace To date, three [...]
Group Eleven Resources Corp. is pleased to announce the commencement of a follow-up drill program stepping out from the recently announced discovery hole at its Ballywire zinc prospect , PG West Project , Republic of Ireland. Highlights - Ballywire: Mobilization has begun on the previously-announced follow-up program at Ballywire, consisting of an initial five holes totalling approx. 1,500m Step-out distances are planned [...]
Group Eleven Resources Corp. is pleased to announce plans for follow-up drill programs at the Ballywire zinc prospect , PG West Project and the Carrickittle West zinc prospect , Stonepark zinc prospect , Ireland. Highlights: Follow-up drilling at the Ballywire discovery is expected to begin in 4-6 weeks and finish by year-end This follow up program is planned to consist of an initial five holes totalling 1,500m, drilled [...]
Group Eleven Resources Corp. is pleased to announce the re-commencement of drilling at its 76.56%-interest Stonepark zinc prospect , Ireland. Highlights: Drilling continues with two rigs on Group Eleven's zinc prospects in Ireland, as part of a previously announced and fully-funded drill program totalling over 6,000m in 2022 At Stonepark, three holes of the previously announced six-hole program have been completed and [...]
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