Group Eleven Resources Corp. · TSXV:ZNG
Group Eleven Resources — Investor Presentation (September 2025)
53 slides from Group Eleven Resources's investor presentation, September 2025
Slide 1: New High-Grade Zinc-Lead-Silver Discovery in Ireland
Medium Version RESOURCES CORP. New High-Grade Zinc-Lead- Silver Discovery in Ireland September 2025 TSX.V: ZNG | OTC: GRLVF | FRA: 3GE
Slide 2: Important Notice
Important Notice This Presentation is given by Group Eleven Resources Corp. (“the Company”), incorporation number BC1098004, registered office at Suite 2200, 885 West Georgia Street Vancouver, B.C., V6C 3E8, Canada and is made subject to the terms outlined below. No securities regulatory authority h
Slide 3: Vision
VISION Discover Ireland’s Next Big Zinc Mine In Order To Generate Exponential Shareholder Returns And Local Economic Benefits 3
Slide 4: Investment Highlights
Investment Highlights New High-Grade Zinc-Lead-Silver (+/- Cu, Ge) Discovery at the Ballywire Prospect, Ireland Corporate Overview Base Metals (Zinc and Copper) Will be Increasingly Important for the Global Energy Transition Positive Outlook for Zinc Increasing Infrastructure Spending in U.S. an
Slide 5: Why Zinc?
Why Zinc? Global Refined Zinc Inventories at Lows, Zinc Price Buoyant on Mine Supply Constraints ► Green Energy Revolution Zinc Price vs. Global Inventories (2004 to 2025) • Zinc-Batteries for Grid Power Storage • Offshore Wind • Solar Farms ► Zinc in Fertilizers • China: World Food Program ► Conven
Slide 6: Team – Exploration, Capital Markets and Legal Experience
Team – Exploration, Capital Markets and Legal Experience Board of Directors Dan MacInnis | Chairman (non-executive) Michael Gentile | Director (non-executive) • Geologist / Executive • Portfolio Manager with >20 yrs experience • Retired CEO and Director of MAG Silver • Leading strategic investor in
Slide 7: Capital Structure
Capital Structure Share Owners Exercise Expiry Date Shares Ownership (Basic) Structure Price (mln) Michael Basic 258.1 Gentile Options Directors $0.09-0.19 Oct-25 to Nov-29 2.0 14.2% Officers $0.09-0.19 Oct-25 to Nov-29 1.9 Glencore Employee/Cons $0.09-0.19 Oct-25 to Feb-30 0.8 14.1% Warrants Invest
Slide 8: Why Ireland?
Why Ireland? Unrivalled Zinc Potential - Ranked No. 1 in the World for Zinc Found Per Square Kilometre Greenest Zinc in the World? Ballinalack • Clean Metallurgy – Coarse, Clean Ores Tara (Boliden, • Infrastructure Rich – Roads, Power, Tidewater producing) • Proximity to European Smelters • Wind Pow
Slide 9: Ballywire – Close to Pallas Green and Stonepark Deposits
Ballywire – Close to Pallas Green and Stonepark Deposits Dominant License Position in Most Metal-Endowed Zinc Camp in Ireland (outside of Navan) Note: Mineralization and resource estimates relating to nearby properties are not necessarily 9 indicative of the mineralization on the Company’s assets
Slide 10: Ballywire Discovery – Most Recent Plan View
Ballywire Discovery – Most Recent Plan View Robust Zinc-Lead Mineralization Intercepted Over 2.6km, Prospective Trend At Least 6km Long TSX.V: ZNG, FRA: 3GE 10
Slide 11: Cross-Section (Showing Massive Sulphides)
Ballywire Discovery – Cross-Section (Showing Massive Sulphides) NNW (A) SSE (A’) 108.5m of 3.5% and 25 g/t incl. 3.8m of 5.1% and 26 g/t and LEGEND Drill hole 4.2m of 15.2% and 34 g/t and 17.0m of 4.7% and 44 g/t, incl. 4.9m of 9.7% and 39 g/t Massive Sulphide Zone 7.0m of 8.1% and 93 g/t, incl. Zn-
Slide 12: Ballywire Discovery – Most Recent Plan View
Ballywire Discovery – Most Recent Plan View Robust Zinc-Lead Mineralization Intercepted Over 2.6km, Prospective Trend At Least 6km Long TSX.V: ZNG, FRA: 3GE 12
Slide 13: Cross-Section (Showing Massive Sulphides)
Ballywire Discovery – Cross-Section (Showing Massive Sulphides) NNW (B) SSE (B’) TSX.V: ZNG, FRA: 3GE 13
Slide 14: Ballywire Discovery – Most Recent Plan View
Ballywire Discovery – Most Recent Plan View Robust Zinc-Lead Mineralization Intercepted Over 2.6km, Prospective Trend At Least 6km Long TSX.V: ZNG, FRA: 3GE 14
Slide 15: Cross-Section (Showing Massive Sulphides)
Ballywire Discovery – Cross-Section (Showing Massive Sulphides) NNW (C) SSE (C’) LEGEND 40.7m of 5.9%, 29 g/t, incl. 18.0m of 9.0%, 40 g/t, incl. Drill holes 4.0m of 19.8%, 104 g/t Massive Sulphide Zone Zn-Pb-Ag zone (higher-grade) Zn-Pb-Ag zone (lower grade) 9.2m of 4.8% and 18 g/t, incl. Cu-Ag min
Slide 16: Ballywire Discovery – Most Recent Plan View
Ballywire Discovery – Most Recent Plan View Robust Zinc-Lead Mineralization Intercepted Over 2.6km, Prospective Trend At Least 6km Long TSX.V: ZNG, FRA: 3GE 16
Slide 17: Cross-Section (Showing Massive Sulphides)
Ballywire Discovery – Cross-Section (Showing Massive Sulphides) NNW (D) SSE (D’) LEGEND Drill holes Massive Sulphide Zone WL 29.6m of 10.6%, 78 g/t, 0.15% Cu, incl. Zn-Pb-Ag zone (higher-grade) 12.9m of 16.6%, 123 g/t, 0.19% Cu, incl. Zn-Pb-Ag zone (lower grade) 5.2m of 24.1%, 76 g/t, 0.10% Cu, and
Slide 18: Ballywire Discovery – Most Recent Plan View
Ballywire Discovery – Most Recent Plan View Robust Zinc-Lead Mineralization Intercepted Over 2.6km, Prospective Trend At Least 6km Long TSX.V: ZNG, FRA: 3GE 18
Slide 19: Cross-Section (Showing High-Grade)
Ballywire Discovery – Cross-Section (Showing High-Grade) NNW (E) SSE (E’) LEGEND Drill holes Massive Sulphide Zone Zn-Pb-Ag zone (higher-grade) 72.1m of 0.9%, 5 g/t, incl. 2.5m of 4.4%, 21 g/t, incl. Zn-Pb-Ag zone (lower grade) 0.8m of 6.5%, 35 g/t and Cu-Ag mineralization 2.7m of 3.5%, 23 g/t incl.
Slide 20: Ballywire Discovery – Most Recent Plan View
Ballywire Discovery – Most Recent Plan View Robust Zinc-Lead Mineralization Intercepted Over 2.6km, Prospective Trend At Least 6km Long TSX.V: ZNG, FRA: 3GE 20
Slide 21: Cross-Section (Showing High-Grade)
Ballywire Discovery – Cross-Section (Showing High-Grade) NNW (F) SSE (F’) LEGEND Drill holes Massive Sulphide Zone 85.1m of 1.4%, 8 g/t incl. 4.9m of 11.8%, 84 g/t incl. Zn-Pb-Ag zone (higher-grade) 2.3m of 16.3%, 128 g/t Zn-Pb-Ag zone (lower grade) Cu-Ag mineralization % Zn+Pb, unless otherwise not
Slide 22: Ballywire Discovery – Most Recent Plan View
Ballywire Discovery – Most Recent Plan View Robust Zinc-Lead Mineralization Intercepted Over 2.6km, Prospective Trend At Least 6km Long TSX.V: ZNG, FRA: 3GE 22
Slide 23: Cross-Section (Showing Massive Sulphides)
Ballywire Discovery – Cross-Section (Showing Massive Sulphides) NNW (G) SSE (G’) 8.3m of 5.7%, 86 g/t and 0.22% Cu, incl. 30.4m of 4.3%, 25 g/t incl. 4.3m of 8.8%, 149 g/t and 0.31% Cu incl. 17.2m of 6.1%, 34 g/t, incl. 0.6m of 30.3%, 990 g/t and 2.22% Cu 9.7m of 7.5%, 43 g/t and 6.6m of 4.7%, 24 g/
Slide 24: Ballywire Discovery – Most Recent Plan View
Ballywire Discovery – Most Recent Plan View Robust Zinc-Lead Mineralization Intercepted Over 2.6km, Prospective Trend At Least 6km Long TSX.V: ZNG, FRA: 3GE 24
Slide 25: Detailed Cross-Section
Ballywire Discovery – Detailed Cross-Section NNW (H) SSE (H’) 25
Slide 26: Cross-Section (510m Down-Dip Extent)
Ballywire Discovery – Cross-Section (510m Down-Dip Extent) NNW (H) 17.9m of 1.3%, 16 g/t, 0.09% Cu, incl. SSE (H”) 3.3m of 3.5%, 73 g/t, 0.46% Cu, incl. 2.4m of 4.7%, 101 g/t, 0.64% Cu LEGEND Drill Holes SWL Zinc-Lead-Silver (M.Sulphides) WL Zinc-Lead-Silver (Higher-Grade) Zinc-Lead-Silver (Lower Gr
Slide 27: Ballywire Discovery – Most Recent Plan View
Ballywire Discovery – Most Recent Plan View Robust Zinc-Lead Mineralization Intercepted Over 2.6km, Prospective Trend At Least 6km Long TSX.V: ZNG, FRA: 3GE 27
Slide 28: Cross-Section (900m Down-Dip Extent)
Ballywire – Cross-Section (900m Down-Dip Extent) NNW (I) SSE (I’) G11-468-01 00-468-5 FM-2654-1 G11-2654-01 SWL WL SWL 3.3m of 12.5%, 48.3 g/t, incl. 0.4m of 25.5%, 92.2 g/t 361m 9.9m of 1.1%, 2.2 g/t, incl. SWL 0.2m of 10.5%, 11.6 g/t and 3.8m of 0.9%, 109 g/t and 0.43% Cu, incl. 0.2m of 430 g/t, 1
Slide 29: Ballywire Discovery – Most Recent Plan View
Ballywire Discovery – Most Recent Plan View Robust Zinc-Lead Mineralization Intercepted Over 2.6km, Prospective Trend At Least 6km Long TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 29
Slide 30: Long-Section (710m Distance)
Ballywire Discovery – Long-Section (710m Distance) SW (J) NE (J’) TSX.V: ZNG, FRA: 3GE 30
Slide 31: Ballywire Discovery – Most Recent Plan View
Ballywire Discovery – Most Recent Plan View Robust Zinc-Lead Mineralization Intercepted Over 2.6km, Prospective Trend At Least 6km Long G11-3552-27 15.6m of 11.6%, 122 g/t and 0.19% Cu; and 4.2m of 2.0%, 172 g/t and 0.66% Cu G11-3552-19 8.7m of 23.9% and 85 g/t G11-3552-08 4.6m of 5.2%, 15 g/t, incl
Slide 32: Immediate Discovery Corridor
Ballywire Discovery – Immediate Discovery Corridor Robust Mineralization Pierced by Concentrated Drilling over At Least 1,435m Strike Length TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 32
Slide 33: Long Section Showing Cu-Ag Intercepts and Target
Ballywire – Long Section Showing Cu-Ag Intercepts and Target Cu-Ag Mineralization Intercepted over 1,435m Strike Length To Date SW (K) NE (K’) Note: In order to highlight Cu-Ag mineralization, the Zn-Pb-Ag bearing zones are not shown on the section; * ‘LLS’ means Lower Limestone Shale which is known
Slide 34: Exploration Upside Over 6km Prospective Trend
Ballywire – Exploration Upside Over 6km Prospective Trend N 25-3552-37 25-3552-36 99-3352-5 185.2m of 0.6% and 16 g/t, incl. 2.8m of 231 g/t and 0.85% Cu, incl. 14.0m of 0.9%, incl. 6.2m of 312 g/t and 0.95% Cu, incl. 0.2m of 3,820 g/t and 12.60% Cu 5.0m of 1.6%, incl. 2.8m of 549 g/t and 1.77% Cu,
Slide 35: Ballywire: Exploration Potential
Ballywire: Exploration Potential TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 35
Slide 36: Three Near-Term Targets: NE Extension
Ballywire Discovery – Most Recent Plan View Three Near-Term Targets: (1) NE Extension, (2) Deeper Cu-Ag Horizon and (3) Calcite Zones (1) NE Extension TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 36
Slide 37: Three Near-Term Targets: Deeper Cu-Ag
Ballywire Discovery – Most Recent Plan View Three Near-Term Targets: (1) NE Extension, (2) Deeper Cu-Ag Horizon and (3) Calcite Zones (2) Deeper Cu-Ag TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 37
Slide 38: Deeper Cu-Ag Target
Ballywire Discovery – Deeper Cu-Ag Target NNW (L) SSE (L’) (2) Deeper Cu-Ag Target TSX.V: ZNG, FRA: 3GE 38
Slide 39: Three Key Copper Prospects in Near Ballywire Discovery
Three Key Copper Prospects in Near Ballywire Discovery Hypothesized To Represent Cu-Ag Roots of Zn-Pb Mineralized Systems Nearby Cu-Ag Occurrences TSX.V: ZNG, FRA: 3GE 39
Slide 40: Three Near-Term Targets: Calcite Zones
Ballywire Discovery – Most Recent Plan View Three Near-Term Targets: (1) NE Extension, (2) Deeper Cu-Ag Horizon and (3) Calcite Zones (3) Calcite Zones Calcite bodies (pierced by drilling) TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 40
Slide 41: Ballywire Discovery – Most Recent Plan View
Ballywire Discovery – Most Recent Plan View Robust Zinc-Lead Mineralization Intercepted Over 2.6km, Prospective Trend At Least 6km Long 3D Model Next Slide TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 41
Slide 42: Oblique 3D View (Showing Calcite Bodies)
Ballywire Discovery – Oblique 3D View (Showing Calcite Bodies) Calcite Bodies, Spatially Associated with Zn-Pb-Ag Mineralization, Vectoring Exploration Along Strike (3) Calcite Zones Note: Calcite bodies intersected in shallow historic holes along strike from the discovery (see previous slides), wil
Slide 43: Carrickittle West Target: Mirror Image of Pallas Green?
Carrickittle West Target: Mirror Image of Pallas Green? TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 43
Slide 44: Carrickittle West Prospect – Pallas Green Lookalike Target
Carrickittle West Prospect – Pallas Green Lookalike Target Located 5km to South of Pallas Green and 1km North of Carrickittle Massive Sulphide Zone Pallas Green Area → TSX.V: ZNG, FRA: 3GE 44
Slide 45: Massive Sulphide Intercepts at Carrickittle (PG West)
Massive Sulphide Intercepts at Carrickittle (PG West) Hole G11-2840-04 (announced July 2020) intersected 10.3m of 19.6% Zn+Pb and 43 g/t Ag, including: TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 45
Slide 46: Pallas Green – Newly Published Deposit Outline (Sep-2023)
Pallas Green – Newly Published Deposit Outline (Sep-2023) LEGEND Pallas Green Deposit (Glencore) N Breccia Bodies (Blaney & Redmond, 2015) Mineralization (Zn, Pb) (Blaney & Redmond, 2015) New PG Deposit Outline (Blaney & Coffey, 2023) Licence Boundary Licence Boundary (internal) Waulsortian Lmst Vol
Slide 47: Pallas Green – Silver Grades Increasing Towards Feeder?
Pallas Green – Silver Grades Increasing Towards Feeder? Pallas Green Deposit (Glencore) LEGEND N Ag (m x g/t) 200 100 30 20 Faults 10 Stonepark Deposit (Group Eleven) 1km 0 2.5 5.0 Silver intensity map (max 130 g/t Ag, composite interval mean 3.0 g/t Ag) sourced from Blaney & Coffey, 2023 kilometres
Slide 48: Carrickittle West – Similarities With Pallas Green Emerging
Carrickittle West – Similarities With Pallas Green Emerging Major Fault (Coonagh Castle), Volcanic Centre (VC) and Significant Hydrothermal Alteration Note: Carrickittle West target area (including the Kilteely and Bruff prospects) is located along the south side of the Limerick Volcanic Complex; ‘F
Slide 49: Carrickittle West – Kilteely Prospect Emerges As Key Target
Carrickittle West – Kilteely Prospect Emerges As Key Target Major Breccia Body, Nearby Mineralized Holes, Significant (Regional-Scale) Faulting Note: ‘?’ = areas of prospectivity; Red dot = hole with sphalerite but no galena or massive pyrite; Orange dot = hole without sphalerite or galena but with
Slide 50: Carrickittle West – Bruff Prospect Emerges As Key Target #2
Carrickittle West – Bruff Prospect Emerges As Key Target #2 Similarities to Ballywire Discovery (Calcite Zone, Dolomitized Base of WL, Inferred Fault) Note: ‘Future Hole?” denotes one of several possible hole locations which may be drilled in the area; ‘brxx’ = breccia; ‘BMB’ = Black Matrix Breccia
Slide 51: Upcoming Catalysts
Upcoming Catalysts 2025/2026 – Two Key Value Drivers • PG West – Ballywire Discovery • Busy Drill Program (>25,000m, Funded) • Stonepark • One Hole in 2025 • Other Follow Up Holes in 2026 51
Slide 52: Why Invest in ZNG?
Why Invest in ZNG? New High-Grade Zinc-Lead-Silver (Germanium) Discovery at the Ballywire Prospect, Ireland Corporate Overview Base Metals (Zinc and Copper) Will be Increasingly Important for the Global Energy Transition Positive Outlook for Zinc Increasing Infrastructure Spending in U.S. and Ch
Slide 53: Contact
RESOURCES CORP. Legal: Cassels Suite 2200, 885 West Georgia Street Vancouver, B.C., V6C 3E8 Canada Bart Jaworski, CEO E: b.jaworski@groupelevenresources.com T: +353 85 833 2463 Jasmine Lau, CFO E: j.lau@groupelevenresources.com T: +1 604 781 4915 TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE
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