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Group Eleven Drills 6.1m of 11.4% Zn+Pb and 85 g/t Ag and 3.1m of 11.2% Zn+Pb, 353 g/t Ag and 0.78% Cu in 50m Step Out from Best Hole at Ballywire
Vancouver, British Columbia--(Newsfile Corp. - August 1, 2024) - Group Eleven Resources Corp. (TS...
About this update from Group Eleven Resources Corp.
[{"type":"text","content":"\nGroup Eleven Drills 6.1m of 11.4% Zn+Pb and 85 g/t Ag and 3.1m of 11.2% Zn+Pb, 353 g/t Ag and 0.78% Cu in 50m Step Out from Best Hole at BallywireVancouver, British Columbia--(Newsfile Corp. - August 1, 2024) - Group Eleven Resources Corp. (TSXV: ZNG) (OTCBB: GRLVF) (FSE: 3GE) (\"Group Eleven\" or the \"Company\") is pleased to announce results from the two most recent step-out holes of the 2024 drill program at the Company's 100%-owned Ballywire zinc-lead-silver discovery (\"Ballywire\"), PG West Project (\"PG West\"), Republic of Ireland.Highlights50m step-out (hole G11-3552-13) up-dip from best intersection to date at Ballywire (29.6m of 10.6% Zn+Pb, 78 g/t Ag and 0.15% Cu in G11-3552-12, see news released dated 11-Jun-24), intersected a robust zone of 25.6m of 5.4% Zn+Pb (2.8% Zn and 2.6% Pb), 72 g/t Ag and 0.12% Cu, from 271.9m down-hole, including:6.1m of 11.4% Zn+Pb (4.1% Zn and 7.3% Pb) and 85 g/t Ag and 12.1m of 5.3% Zn+Pb (3.7% Zn and 1.7% Pb), 104 g/t Ag and 0.21% Cu, including6.8m of 6.9% Zn+Pb (5.3% Zn and 1.7% Pb), 174 g/t Ag and 0.37% Cu, including3.1m of 11.2% (8.6% Zn and 2.7% Pb), 353 g/t Ag and 0.78% CuAbove intercept represents one of the longest extensions along dip of high-grade mineralization at Ballywire to dateMineralization consists predominantly of massive and semi-massive sulphide, as well as disseminated and vein hosted sulphide mineralizationFurther drilling is in-progress, with G11-3552-14 testing 50m to the north and up dip from G11-3552-13, and at gravity anomalies 'B' and 'C2' (results expected in the coming weeks)\"We are excited that the high-grade footprint of the Ballywire discovery continues to grow at a rapid pace,\" stated Bart Jaworski, CEO. \"Today's results expand high-grade zinc-lead-silver mineralization along dip by 50m north from G11-3552-12, our best hole drilled to date at Ballwire. It is also encouraging to see high-grade silver and elevated copper. To date, we have intersected robust mineralization at Ballywire over a strike length of 2.6km, along a prospective trend of over 6km. Together with continued robust intervals of massive sulphide, Ballywire is continuing to show signs of a major zinc-lead-silver discovery. We look forward to providing further drill results over the coming few weeks.\"Most Recent Two Holes from 2024 Drill Campaign at Ballywire DiscoveryThe Ballywire ...