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Group Eleven Drills 23.5m of 12.3% Zn+Pb and 46 g/t Ag, Further Confirms Deeper Cu-Ag Mineralization and Extends Mineralized Strike by 600m to 3.2km

Vancouver, British Columbia--(Newsfile Corp. - April 16, 2026) - Group Eleven Resources Corp. (TS...

articleGroup Eleven Resources Corp.April 16, 20264/company/group-eleven-resources-corp/news/group-eleven-drills-235m-of-123percent-znpb-and-46-gt-ag-further-confirms-deeper-cu-ag-mineralization-and-extends-mineralized-strike-by-600m-to-32km
Group Eleven Drills 23.5m of 12.3% Zn+Pb and 46 g/t Ag, Further Confirms Deeper Cu-Ag Mineralization and Extends Mineralized Strike by 600m to 3.2km

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[{"type":"text","content":"Group Eleven Drills 23.5m of 12.3% Zn+Pb and 46 g/t Ag, Further Confirms Deeper Cu-Ag Mineralization and Extends Mineralized Strike by 600m to 3.2kmVancouver, British Columbia--(Newsfile Corp. - April 16, 2026) - Group Eleven Resources Corp. (TSXV: ZNG) (OTCQB: GRLVF) (FSE: 3GE) (\"Group Eleven\" or the \"Company\") is pleased to announce new assay results from its Ballywire discovery (\"Ballywire\") at the 100%-owned PG West Project (\"PG West\"), Republic of Ireland.Highlights:25-3552-53 – Extends previous interval from 25-3552-51 announced on 19-Jan-2026, totalling 29.9m of 15.3% Zn+Pb, 552 g/t Ag and 0.67% Cu (from 338m downhole, at base of Waulsortian Limestone), downdip and to the SE along two zones:Waulsortian Limestone hosted (40m extension from 25-3552-51) 57.3m of 6.2% Zn+Pb (3.4% Zn and 2.8% Pb), 35 g/t Ag (from 322m downhole), incl.23.5m of 12.3% Zn+Pb (6.2% Zn and 6.1% Pb), 46 g/t Ag, incl.11.3m of 17.6% Zn+Pb (8.2% Zn and 9.4% Pb), 60 g/t Ag, incl.4.7m of 27.6% Zn+Pb (15.7% Zn and 11.9% Pb), 92 g/t Ag, incl.1.0m of 47.0% Zn+Pb (27.0% Zn and 20% Pb), 171 g/t AgDeeper Cu-Ag Zone (70m extension from 25-3552-51)7.5m of 22 g/t Ag and 0.79% Cu (starting from 582m downhole), incl.3.5m of 35 g/t Ag and 1.28% CuAssays from downhole intervals 379m to 579m and 593m to 609m are pending25-3552-51 – Remaining assays from this hole returned three zones of mineralization from the Deeper Cu-Ag target (starting from 434m downhole)1.9m of 17 g/t Ag, 0.28% Cu and1.8m of 59 g/t Ag, 0.61% Cu, 0.14% Sb and2.8m of 30 g/t Ag, 0.72% Cu (incl. 1.0m of 78 g/t Ag, 1.91% Cu, 0.16% Sb)Cu-Ag mineralization announced today provides additional evidence of steeply south-dipping fault zones, interpreted to be continuation of Cu-Ag bearing fault zones intersected 350m to the NE (in holes 25-3552-40, -44 and -47, announced in 2025), adding support to hypothesis that Cu-Ag bearing fault zones may extend along strike length of entire Ballywire discovery25-3552-52 – Extends mineralized strike length of the Ballywire discovery by approx. 600m from 2.6km to 3.2km, by intersecting 22m of mineralization hosting 2.8m of 3.3% Zn+Pb (3.2% Zn and 0.1% Pb), 16 g/t Ag, including 1.0m of 7.7% Zn+Pb (7.4% Zn and 0.3% Pb) and 38 g/t Ag\"Today's results represent another major step forward in our understanding of the Deeper Cu-Ag tar...

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