Group Eleven Resources Corp. is pleased to announce the discovery of high-grade massive sulphides as part of an initial step-out reconnaissance drill program at its 100%-interest Ballywire zinc prospect , PG West Project , Ireland. Highlights: G11-468-03 intersected a broad zone of zinc-lead-silver mineralization over a width of 66.0m, including four higher-grade zones : 5.00m of 8.3% Zn+Pb and 107 g/t Ag , including [...]
Group Eleven Resources Corp. is pleased to provide an interim update on its zinc and copper exploration activities in the Republic of Ireland. Highlights: At the Ballywire zinc prospect, four holes have now been completed, stepping out several hundred metres each from hole G11-468-02 ; assays are expected over the next 3-6 weeks At the Carrickittle West zinc prospect , the Company has begun planning for a follow-up hole [...]
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 19, 2022. Annual General Meeting Results A total of 869,638,065 common shares were represented at the AGM, representing 43.991% 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 an update on its zinc exploration drilling at the Stonepark project- Highlights: Group Eleven has returned its first ever drill intercept of a major fault structure in the Limerick region ; the structure is on the south side of the Limerick Volcanic Complex, approximately 5-6km south of Glencore's Pallas Green zinc deposit[1], cutting through the Waulsortian Limestone and [...]
Group Eleven Resources Corp. is pleased to announce the appointment of Jeannine Webb, CPA, as Chief Financial Officer of Group Eleven effective May 16, 2022. Jeannine is a Vancouver-based Chartered Professional Accountant with over 25 years' experience in the resource sector, having served as the Chief Financial Officer for a number of mineral exploration companies. She is currently the CFO of [...]
Group Eleven Resources Corp. is pleased to report assay results from the Company's maiden drill hole recently completed at the Tullacondra copper-silver historic estimate1, 20km south of the Company's PG West project , Ireland. Separately, follow-up drilling at the Company's Ballywire zinc prospect, PG West, Ireland, has now begun. Highlights: G11-3535-01 intersected 130.1m of 0.50% Cu and 20.8 g/t Ag , including 65.1m of [...]
Group Eleven Resources Corp. is pleased to report results from first-pass reconnaissance drilling at the 1km NW extension at the Carrickittle prospect within its 100%-owned PG West project , Ireland. Group Eleven also announces that it plans two rigs and over 6,000m of drilling in 2022, its largest annual drill budget to date. This includes Stonepark JV1, Ballywire, Tullacondra , follow-up drilling at Carrickittle and [...]
Group Eleven Resources announces the upcoming departure of its CFO. Shaun Heinrichs is pursuing another opportunity but has committed to remaining with Group Eleven for the next two months in order to ensure a smooth transition. The Company has commenced a search process for a new CFO and expects to announce Shaun's replacement prior to his departure. "On behalf of the Company, I would like to extend my sincere gratitude [...]
Group Eleven Resources Corp. is pleased to announce that it has closed its non-brokered private placement, initially announced on February 3rd, 2022 and subsequently increased on February 4th, 2022, totalling $2,499,800 through the issuance of 20,831,666 units of the Company at a price of $0.12 per unit. All currency is denominated in Canadian dollars. Each unit consists of one common share and one half non-transferrable [...]
Group Eleven Resources Corp. is pleased to announce that, based on significant investor demand, the Company has increased the size of the previously announced private placement from $1,500,000 to up to $2,500,000, totalling the sale of up to 20,833,333 units of the Company at a price of $0.12 per unit. All currency is denominated in Canadian dollars. Each unit will consist of one common share and one half [...]
Group Eleven Resources Corp. is pleased to announce a non-brokered private placement totalling up to 12,500,000 units at a price of $0.12 per unit for gross proceeds of up to $1,500,000. All currency is denominated in Canadian dollars. Each unit will consist of one common share and one half non-transferrable common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one additional Common Share [...]
Group Eleven Resources Corp. is pleased to announce that drilling has started on its Stonepark project. Separately, plans for the Company's initial drilling at the recently staked Tullacondra Copper-Silver Prospect, near the PG West Project, are also underway. Highlights: First hole of a six-hole program at Stonepark began yesterday at the Carrickittle North locality With a target depth of 750m, this hole represents a [...]