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Group Eleven Commences Step-Out Drilling and Releases 3D Geological Model at Ballinalack Zinc Project, Republic of Ireland
Group Eleven Commences Step-Out Drilling and Releases 3D Geological Model at Ballinalack Z...
About this update from Group Eleven Resources Corp.
[{"type":"text","content":"\n\n\n\nGroup Eleven Commences Step-Out Drilling and Releases 3D Geological Model at Ballinalack Zinc Project, Republic of Ireland\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Aug. 6, 2019\n\n\n\nVANCOUVER, Aug. 6, 2019 /CNW/ - Group Eleven Resources Corp. (TSX.V: ZNG; OTCQB: GRLVF; FRA: 3GE) (\"Group Eleven\" or the \"Company\") is pleased to report that diamond drilling has begun on the Ballinalack zinc project (\"Ballinalack\") located  in the Republic of Ireland, focussing on the prospective Navan Beds located several hundred metres below the existing Ballinalack zinc deposit (see details below). Ballinalack is a joint venture between Group Eleven (60%-interest) and Shenzhen Zhongjin Lingnan Nonfemet Company Limited (\"Nonfemet\", 40%-interest), one of the largest zinc producers in China. Nonfemet is a contributing joint venture partner. Ballinalack is located 50 kilometres from Boliden's substantial Navan (Tara) zinc mine, considered to be one of the largest zinc deposits in the world and hosted in the Navan Beds. \n\n \n \n\n \n\"It has long been postulated that a second horizon of mineralization may exist beneath the current resource, however, this target remained impeded by geological complexity which we have only recently started to decipher with today's powerful 3D visualization software,\" stated Bart Jaworski, CEO. \"We very much look forward to the start of testing this exciting target.\" \nDetails of the Target \nThe aim of the drill program is to explore for zinc-lead-silver mineralization with the prospective Navan Beds located several hundred metres below the existing Ballinalack zinc deposit. The Ballinalack mineral resource estimate (\"MRE\" or \"deposit\") is located near-surface (with depths ranging from 10 to 300 metres) and consists of 5.4 million tonnes grading 7.6% zinc and 1.1% lead within the inferred category (see news release dated November 28, 2018). The deposit averages 9.0 g/t silver, based on partial silver assays from historic work (i.e. all intervals which were not assayed historically were ass...