Group Eleven Resources Corp. · TSXV:ZNG

Group Eleven Resources — Investor Presentation (February 2022)

79 slides from Group Eleven Resources's investor presentation, February 2022

  1. Slide 1: Advanced Stage Zinc Exploration in Ireland (Extended)

    RESOURCES CORP. Advanced Stage Zinc Exploration in Ireland (Extended) February 2022 TSX.V: ZNG | OTC: GRLVF | FRA: 3GE

  2. Slide 2: Important Notice

    Important Notice This Presentation is given by Group Eleven Resources Corp. (“the Company”), incorporation number BC1098004, registered office at 1050-400 Burrard Street, Vancouver, BC, Canada, V6C 1M2 and is made subject to the terms outlined below. No securities regulatory authority has expressed

  3. Slide 3: Investment Highlights

    Investment Highlights

  4. Slide 4: Investment Highlights - Summary

    Investment Highlights - Summary Exciting Newly-Discovered Massive Sulphides in a Large, Emerging Zinc Camp in Ireland  Zinc price up nearly 40% over last 12-months on China demand growth and lower global supply Strong Zinc Market  Prospect of zinc-batteries emerging as grid-power storage solution

  5. Slide 5: Why Zinc?

    Why Zinc?

  6. Slide 6: Why Zinc?

    Why Zinc? Global Zinc Inventories at Decade Lows, Zinc Price Muted Due to Covid-19 and US-China Trade War ► Zinc Batteries Zinc Price vs. LME Inventories (1995 to 2018) • Zinc8 (ZincNyx) • NantEnergy • EOS-Bryt Energy • EnZinc | Redflow ► Zinc in Fertilizers • China: World Food Program ► Conventiona

  7. Slide 7: Why Ireland?

    Why Ireland?

  8. Slide 8: Ireland: one of the largest zinc miners in Europe

    Ireland: one of the largest zinc miners in Europe and host to some of the world’s largest zinc deposits 8

  9. Slide 9: Why Ireland?

    Why Ireland? Rich Jurisdiction - Ranked No. 1 in the World in Terms of Zinc Found Per Square Kilometre Ireland – Geology and Economics Ballinalack • First-world, democratic and politically stable Navan (Boliden, • Very prospective for zinc yet underexplored active) • Ores typically clean, easy to pr

  10. Slide 10: Team and Capital Structure

    Team and Capital Structure

  11. Slide 11: Team – Exploration, Capital Markets and Legal Experience

    Team – Exploration, Capital Markets and Legal Experience Board of Directors Management Dan MacInnis | Chairman (non-executive) Shaun Heinrichs | Chief Financials Officer • Geologist / Executive • Chartered Accountant with 20 yrs experience • Retired CEO of MAG Silver (sits on MAG Board) • Including

  12. Slide 12: Capital Structure

    Capital Structure Share Owners Average Expiry Shares Ownership (Basic) Structure Exercise Price Date^ (mln) Basic 158.3 Options Directors $0.19 Feb-23 1.0 Glencore Officers $0.16 Oct-22 2.9 22.9% Consultants $0.20 Sep-23 0.2 Employees $0.13 Oct-22 0.7 Others Warrants Investors $0.15 Jan-23 21.7 53.4

  13. Slide 13: Share Price Performance and News Flow

    Share Price Performance and News Flow

  14. Slide 14: Share Price Performance and News Flow

    Share Price Performance and News Flow Price (C$/sh) and Volume | Feb-2021 to Feb-2022 | ZNG-TSXV 12 0.17 11 13 14 0.15 1 2 3 4 5 6 7 8 9 10 0.13 CAD 0.11 0.09 0.07 0.05 1 Expl News 2 Corp News 1.5 mln sh 0.5 Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb No News Release Description No News Release

  15. Slide 15: Stonepark / PG West Project

    Stonepark / PG West Project Searching for the Heart of the Pallas Green Trend 15

  16. Slide 16: Stonepark / PG West – Stonepark is Near-Term Focus

    Stonepark / PG West – Stonepark is Near-Term Focus Dominant License Position in Most Metal-Endowed Zinc Camp in Ireland (outside of Navan) TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 16

  17. Slide 17: Stonepark Project ► Stonepark Deposit – Expansion Potential

    Stonepark Project ► Stonepark Deposit – Expansion Potential

  18. Slide 18: Stonepark – Maiden Inferred Mineral Resource

    Stonepark – Maiden Inferred Mineral Resource Average Grade of 11.3% Zn+Pb – with the Bulk of Resource Grading at an Impressive 12.1% Zn+Pb Note: Classification of the MRE was completed based on the guidelines presented by Canadian Institute for Mining (CIM), adopted for Technical reports which adher

  19. Slide 19: Stonepark Deposit (Plan View) – Expansion Opportunities

    Stonepark Deposit (Plan View) – Expansion Opportunities Multiple Highly-Prospective Zones with Encouraging Results from Historic Reconnaissance Drilling Drilling to Date G11 Planned Hole (1H22) N Planned Hole >4% Zn 2-4% Zn <2% Zn SPN No mineralization Areas Inferred Resource (5.1mt @ 11.3% Zn+Pb) S

  20. Slide 20: Stonepark Deposit (Cross Section) – Expansion Opportunities

    Stonepark Deposit (Cross Section) – Expansion Opportunities NW STONEPARK NORTH SE Planned TC-2638-060 TC-2638-059 TC-2638-053 TC-2638-048 Hole 9.5m of 0.6%, incl. 6.9m of 14.2%, incl. LEGEND ? 1.3m of 3.4% 2.8m of 26.8% Lough Gur Lmst Waulsortian Lmst Black Matrix Breccia ? Mineralization (zinc) 140

  21. Slide 21: Upcoming Drill Program at Stonepark (2,300m, six holes)

    Upcoming Drill Program at Stonepark (2,300m, six holes) TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 21

  22. Slide 22: Carrickittle North: Targeting Large Displacement Fault

    Carrickittle North: Targeting Large Displacement Fault NNW SSE CARRICKITTLE NORTH 1KM NW EXTENSION AREA CARRICKITTLE ZINC PROSPECT Planned Hole G11-450-02 G11-2840-03 2840-07 OL-81-04 P13 139m EOH 10.3m of 19.6% Zn+Pb and 43 g/t Ag; and 233m 6 specs of sph 7.2m of 30.5% Zn+Pb ? EOH (77m to 118m) and

  23. Slide 23: Carrickittle West: Targeting Large (Related?) Fault

    Carrickittle West: Targeting Large (Related?) Fault North CARRICKITTLE WEST South Planned TC-450-003 TC-450-002 TC-450-006 TC-450-009 TC-450-001 Hole 34m EOH ? ? 157m EOH ? 247m 4.6m of 0.22% Zn+Pb Increasing EOH 295m BMB EOH 1.8m of 0.93% Zn+Pb and 0.5m of 7.96% Zn+Pb ? 462m LEGEND ? EOH Waulsortia

  24. Slide 24: Stonepark – PG West Project ► Pallas Green Corridor | Carrickittle

    Stonepark – PG West Project ► Pallas Green Corridor | Carrickittle

  25. Slide 25: Cross Section of Hypothesized Roots of the Limerick System

    Cross Section of Hypothesized Roots of the Limerick System Main Zinc Mineralizing System May Occur Under the Volcanic Complex Carrickittle – C’ittle N Pallas Green and Stonepark Newly 45.4mt of 8% Zn+Pb1 and Discovered 5.1mt of 11.3% Zn+Pb2 High- Grade at Mineralization Knockseefin Volcanics Carrick

  26. Slide 26: Carrickittle to Carrickittle North – Cross Section

    Carrickittle to Carrickittle North – Cross Section Several Mineralized Intercepts along 1km Strike Extension North of Carrickittle SSE NNW >1km Strike Extent Along Pallas Green Corridor Carrickittle North Carrickittle 2840/7 G11-2840-03 G11-450-02 P13 G11-2840-04* OL-81-04 Knockroe Waulsortian Limes

  27. Slide 27: Carrickittle – Newly Identified Structural Trends (geophysics)

    Carrickittle – Newly Identified Structural Trends (geophysics) LVC LEGEND N SWL Mineralization (Zones 1, 2, 3 and 4) Historic Drill Hole with 6.6m zone incl. massive pyrite, mineralization coarse grained sphalerite; target horizon (base of WL) not yet tested Historic Drill Hole with no mineralizatio

  28. Slide 28: Carrickittle – Zones 1-4 – Historic Intercepts, Dolomitization

    Carrickittle – Zones 1-4 – Historic Intercepts, Dolomitization TSX.V: ZNG, FRA: 3GE 28

  29. Slide 29: Carrickittle – Zone 1-4 – Recent Drill Results Confirm NW Trend

    Carrickittle – Zone 1-4 – Recent Drill Results Confirm NW Trend TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 29

  30. Slide 30: Recently Discovered High-Grade at Carrickittle (Zone 1)

    Recently Discovered High-Grade at Carrickittle (Zone 1) 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 30

  31. Slide 31: Follow-Up Yields More High-Grade at Carrickittle (Zone 1)

    Follow-Up Yields More High-Grade at Carrickittle (Zone 1) Hole G11-2840-09 (announced Dec 2020) intersected 7.2m of 30.5% Zn+Pb and 108 g/t Ag, including: 31

  32. Slide 32: Follow-Up Yields More High-Grade at Carrickittle (Zone 4)

    Follow-Up Yields More High-Grade at Carrickittle (Zone 4) Hole G11-2840-22 (announced Nov 2021) intersected 2.52m of 7.8% Zn+Pb, 8.9 g/t Ag including: 32.2% Zn+Pb (26.4% Zn and 5.8% Pb), 32.1 g/t Ag over 0.20m (from 13.4m) 27.3% Zn+Pb (22.3% Zn and 5.0% Pb), 30.9% Zn+Pb (28.7% Zn and 2.2% Pb), 37.0

  33. Slide 33: Discovery of Thick, Shallow, High-Grade at Carrickittle

    Discovery of Thick, Shallow, High-Grade at Carrickittle Highlights from G11-2840-04 – 10.3m of 19.6% Zn+Pb and 43 g/t Ag (despite 1.1m of no recovery) TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 33

  34. Slide 34: Carrickittle – Key Assays from Follow-Up Drilling at Zone 1

    Carrickittle – Key Assays from Follow-Up Drilling at Zone 1 Highlights Include G11-2840-09, Elevated Copper and a High-Grade Silver Zone (736 g/t Ag) TSX.V: ZNG, FRA: 3GE 34

  35. Slide 35: Carrickittle – Key Assays from G11-2840-09 at Zone 1

    Carrickittle – Key Assays from G11-2840-09 at Zone 1 Continuous Zone of High-Grade Intervals with Elevated Copper and Silver TSX.V: ZNG, FRA: 3GE 35

  36. Slide 36: Carrickittle – Zone 1 (Plan View, Massive Sulphide Lenses)

    Carrickittle – Zone 1 (Plan View, Massive Sulphide Lenses) TSX.V: ZNG, FRA: 3GE 36

  37. Slide 37: Carrickittle – Zone 2 (Plan View, Vein Mineralization)

    Carrickittle – Zone 2 (Plan View, Vein Mineralization) TSX.V: ZNG, FRA: 3GE 37

  38. Slide 38: Carrickittle – Zone 1 (Long-Section A-A’, Lens 1)

    Carrickittle – Zone 1 (Long-Section A-A’, Lens 1) TSX.V: ZNG, FRA: 3GE 38

  39. Slide 39: Carrickittle – Zone 1 (Long-Section B-B’, Lens 2)

    Carrickittle – Zone 1 (Long-Section B-B’, Lens 2) TSX.V: ZNG, FRA: 3GE 39

  40. Slide 40: Carrickittle – Zone 1 (Cross-Section C-C’, Lens 1 and 2)

    Carrickittle – Zone 1 (Cross-Section C-C’, Lens 1 and 2) TSX.V: ZNG, FRA: 3GE 40

  41. Slide 41: Carrickittle – Zone 1 (Cross-Section D-D’, Lens 1 and 2)

    Carrickittle – Zone 1 (Cross-Section D-D’, Lens 1 and 2) TSX.V: ZNG, FRA: 3GE 41

  42. Slide 42: Carrickittle – Zone 2 (Cross-Section)

    Carrickittle – Zone 2 (Cross-Section) TSX.V: ZNG, FRA: 3GE 42

  43. Slide 43: Is there Room? Galmoy vs. Search Area of Carrickittle Prospect

    Is there Room? Galmoy vs. Search Area of Carrickittle Prospect Discovery: 1986 Closure: 2009 2P+M&I = 9.5mt of 18.2% Zn+Pb, 38 g/t Ag 1.4km→ 1.4km→ K Zone 1km Source: Lundin Technical Report (WGM, April 2005) TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 43

  44. Slide 44: Is there Room? Lisheen vs. Search Area of Carrickittle Prospect

    Is there Room? Lisheen vs. Search Area of Carrickittle Prospect Not homogenously thick and high-grade 1.4km→ (need good drill density) Production 1.4km→ 22.4mt of 13.6% Zn+Pb, 26 g/t Ag Discovery: 1990 Closure: 2015 Vertical thickness of total accumulated massive sulphide lenses Source: Fusciardi

  45. Slide 45: PG West Project ► Ballywire Prospect

    PG West Project ► Ballywire Prospect

  46. Slide 46: Ballywire – Recently Discovered High-Grade Zone

    Ballywire – Recently Discovered High-Grade Zone Dominant License Position in Most Metal-Endowed Zinc Camp in Ireland (outside of Navan) TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 46

  47. Slide 47: Ballywire – Recently Discovered High-Grade Zone

    Ballywire – Recently Discovered High-Grade Zone Dominant License Position in Most Metal-Endowed Zinc Camp in Ireland (outside of Navan) TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 47

  48. Slide 48: Ballywire – Discovery of New High-Grade Zone (Sept-2021)

    Ballywire – Discovery of New High-Grade Zone (Sept-2021) N 8.00m of 0.3% (incl. 0.05m of 8.7%) 3.30m of 12.5%, 48.3 g/t (incl. 9.87m of 1.1%, 2.2 g/t (incl. 0.20m of 10.5%, 11.6 g/t) and 0.40m of 25.5%, 92.2 g/t) 3.80m of 0.9%, 0.43% Cu and 109 g/t (incl. 2.50m of 6.2% (incl. 0.15m of 430 g/t, 1.89%

  49. Slide 49: Ballywire – Discovery of New High-Grade Zone (Sept-2021)

    Ballywire – Discovery of New High-Grade Zone (Sept-2021) NNW SSE 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) 9.9m of 1.1%, 2.2 g/t (incl. SWL 20cm of 10.5%, 11.6 g/t) and 3.8m of 0.9%, 0.43% Cu and 109 g/t (incl. 15cm of 430 g/t, 1.89%

  50. Slide 50: South of PG West Project ► Copper-Silver Prospects: Tullacondra

    South of PG West Project ► Copper-Silver Prospects: Tullacondra

  51. Slide 51: Tullacondra Prospect (Cu-Ag Historic Estimate)

    Tullacondra Prospect (Cu-Ag Historic Estimate) Located 20km South of PG West Project | Recently Acquired | Recently Identified Cobalt Potential LEGEND Waulsortian Limestone Ballysteen Limestone Lower Limestone Shales Old Red Sandstone Volcanic Rocks Supra-Waulsortian Lithologies Fault Tullacondra hi

  52. Slide 52: Tullacondra Prospect (Cu-Ag Historic Estimate)

    Tullacondra Prospect (Cu-Ag Historic Estimate) Located 20km South of PG West Project | Recently Acquired | Recently Identified Cobalt Potential Not to Scale, Conceptual Only Historic estimate of 0.6mt LEGEND of 150 g/t Ag and 0.6% Cu North South Waulsortian Limestone Historic estimate of 3.6mt Bally

  53. Slide 53: PG West Project ► Copper-Silver Prospects: Gortdrum

    PG West Project ► Copper-Silver Prospects: Gortdrum

  54. Slide 54: Gortdrum Prospect – 3km-Long Zone of Cu-Ag Mineralization

    Gortdrum Prospect – 3km-Long Zone of Cu-Ag Mineralization 3.4m of 0.17% (E20) G11-350-01 Gortdrum Fault Zone: N 31.7m of 0.08%, 3km-long zone of 3.7m of 0.22% (E23) 1.6 g/t (incl. 1.6m copper mineralization 13.7m of 0.25% (E25) of 0.53%, 22 g/t) 4.6m of 0.89% (E24) 1.5m of 0.27% (E31) 18.6m of 0.34%

  55. Slide 55: Gortdrum Prospect – 3km-Long Zone of Cu-Ag Mineralization

    Gortdrum Prospect – 3km-Long Zone of Cu-Ag Mineralization NW G11-4498-01 E24 E26 SE E25 18.6m of 0.34% (incl. 4.6m of 0.89% (incl. OVB 7.0m of 0.73% and 1.5m of 1.2%) 0.6m of 1.92%) BL RSh 61m 14.4m of 0.22%, 2.1 g/t MHB (incl. 0.8m of 0.62% LEGEND and 4.4 g/t) 80m %, g/t % Cu, g/t Ag Mineralized Zo

  56. Slide 56: Gortdrum Prospect – 3km-Long Zone of Cu-Ag Mineralization

    Gortdrum Prospect – 3km-Long Zone of Cu-Ag Mineralization NW G11-350-01 SE 31.7m of 0.08%, 1.6 g/t (incl. 1.6m of 0.53%, 22.3 g/t and 2.9m of 0.13%, 0.7 g/t and 2.9m of 0.15%, 0.5 g/t) ? BL ? RSh LEGEND %, g/t % Cu, g/t Ag Mineralized Zone (interpreted) MHB G11-350-01 New Hole RSh(ZNG) OVB Overburde

  57. Slide 57: PG West Project ► Copper-Silver Prospects: Denison

    PG West Project ► Copper-Silver Prospects: Denison

  58. Slide 58: Denison Prospect, PG West Project (100%), Ireland

    Denison Prospect, PG West Project (100%), Ireland Plan Drill Hole Map of the Historic Estimate at the Denison Prospect TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 58

  59. Slide 59: Denison Prospect, PG West Project (100%), Ireland

    Denison Prospect, PG West Project (100%), Ireland Cross-Section of G11-4474-01 Through Main Portion of Historic Estimate TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 59

  60. Slide 60: Ballinalack Project

    Ballinalack Project Navan Bed Potential Lies Beneath 60

  61. Slide 61: Ballinalack – Inferred Resource with Upside Potential

    Ballinalack – Inferred Resource with Upside Potential • 60% Group Eleven Ownership • 40% Zhongjin Lingnan Mining (HK) Company Limited (Nonfemet) Strategic location • 50km west of Navan (largest zinc deposit in Europe) • 5.4 Mt grading 8.7% combined (7.6% zinc and 1.1% lead)* Resource Estimate • Infe

  62. Slide 62: Ballinalack – First NI 43-101 Resource Estimate

    Ballinalack – First NI 43-101 Resource Estimate Average Grade of 8.7% Zn+Pb – Significant Improvement on Historic Estimate from 1991 Classification of the Ballinalack MRE was completed based on the guidelines presented by Canadian Institute for Mining (CIM), adopted for Technical reports which adher

  63. Slide 63: Ballinalack – Significant Exploration Upside

    Ballinalack – Significant Exploration Upside Numerous Targets to Follow Up Regionally, and in Proximity to Historic Estimate Ballinalack Recently zinc-lead deposit* Surrendered * Mineral Resource Estimate in the Inferred Category as stated in Group Eleven news release dated November 28, 2018. TSX.V:

  64. Slide 64: Ballinalack – Navan Bed Targets (Plan View)

    Ballinalack – Navan Bed Targets (Plan View) Strong Navan Bed Mineralization Already Intersected LEGEND 4a Ballinalack Deposit 4b Zinc Targets Ballinalack Fault 4c Cross Faults 4d Historic hole that intersects Navan Beds G11 hole % Zinc + Lead G11- 1344-02 n/a Not assayed for silver 4e g/t Silver TSX

  65. Slide 65: Ballinalack – Hanging Wall Navan Bed Zinc Targets

    Ballinalack – Hanging Wall Navan Bed Zinc Targets Hanging wall targets virtually untested with drilling to date Ballinalack Fault Cross Faults Ballinalack Deposit* (blue) 4e 4c 4d 4b Target Areas Navan Beds 0 250 metres Looking ESE (approximate) * Mineral Resource Estimate in the Inferred Category (

  66. Slide 66: Ballinalack – Footwall Navan Bed Zinc Targets

    Ballinalack – Footwall Navan Bed Zinc Targets Footwall targets already pierced by a number of strong zinc intercepts Cross Faults Ballinalack Deposit* (blue) Ballinalack Fault 1 2 2 33 Target Areas Navan Beds 0 250 metres (approximate) Looking NNW * Mineral Resource Estimate in the Inferred Category

  67. Slide 67: Ballinalack – Ballycorkey Prospect (Regional View)

    Ballinalack – Ballycorkey Prospect (Regional View) Crest of Antiform with Increasing Grades and Thicknesses TSX.V: ZNG, FRA: 3GE 67

  68. Slide 68: Ballinalack – Ballycorkey Prospect (Local View)

    Ballinalack – Ballycorkey Prospect (Local View) Crest of Antiform with Increasing Grades and Thicknesses (Towards Target Area) TSX.V: ZNG, FRA: 3GE 68

  69. Slide 69: Ballinalack – anomalous PGMs proximal to zinc deposit

    Ballinalack – anomalous PGMs proximal to zinc deposit NW SE Ballinalack Zinc-Lead Deposit 5.4 million tonnes of 7.6% zinc and 1.1% lead (Inferred Category); see news release dated November 28, 2018 Calp Limestone Supra-Waulsortian Waulsortian Limestone 340m Argillaceous Bioclastic Lmst 401m 473m 481

  70. Slide 70: Catalysts

    Catalysts

  71. Slide 71: Upcoming Catalysts

    Upcoming Catalysts 2022 • Stonepark – Advanced Exploration Drilling • 2,300m of drilling (fully funded), primarily focussed on Carrickittle N and W • PG West – Advanced Exploration Drilling • Carrickittle 1km NW Extension – drill results (assays pending) • Ballywire – follow-up drilling (Q1/Q2) on r

  72. Slide 72: How Do We Stack Up Versus Our Peers?

    How Do We Stack Up Versus Our Peers?

  73. Slide 73: Resource Grade (ZnEq%) Ranking

    Resource Grade (ZnEq%) Ranking Pure Play Zinc-Lead Companies (Excluding Copper and/or Precious Metal Rich Projects) Carrickittle intercept1 Notes: 1 Hole G11-2840-09 intersected 7.2 metres of 23.9% Zn, 6.6% Pb (30.5% combined) and 108 g/t Ag (news release dated Dec 9th, 2020) 2 3.9mt of 9.2% Zn, 2.9

  74. Slide 74: Relative Valuation – Enterprise Value (EV/lb resource)

    Relative Valuation – Enterprise Value (EV/lb resource) Pure Play Zinc-Lead Companies (Excluding Copper and/or Precious Metal Rich Projects) Source: Data derived from Cormark (Jun-16-2021) TSX.V: ZNG, FRA: 3GE 74

  75. Slide 75: Relative Size/Grade vs. Enterprise Value

    Relative Size/Grade vs. Enterprise Value Tonnage-Grade (X-Y axis) vs. Enterprise Value (Bubble Size) Source: Data from Cormark (Jun-16-2021) TSX.V: ZNG, FRA: 3GE 75

  76. Slide 76: Appendices

    Appendices

  77. Slide 77: Appendix A - Where Does the Zinc Occur?

    Appendix A - Where Does the Zinc Occur? In Ireland – Zinc Occurs in the Waulsortian Limestone and Navan Beds Ballinalack Navan Silvermines Stonepark Pallasgreen Oola Gortdrum Source: Modified after Dr John Kelly, SLR Consulting, 2018 TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 77

  78. Slide 78: Cross-Section of an Irish-Type Zinc Deposit

    Cross-Section of an Irish-Type Zinc Deposit Zinc Typically Occurs Close to Major Faults (which Allowed Mineralizing Fluids to Migrate Upwards) South North Faults Navan Bed Target* 0 50 100 * Navan Bed Target only in NE portion of Irish Midlands (see Regional Cross section above) Source: Modified aft

  79. Slide 79: Group Eleven Resources Corp. contact details

    RESOURCES CORP. Suite 1050 – 400 Burrard Street Vancouver, BC, Canada V6C 1M2 Bart Jaworski, CEO E: b.jaworski@groupelevenresources.com T: +353 85 833 2463 Shaun Heinrichs, CFO E: s.heinrichs@groupelevenresources.com T: +1 604 630 8839

Group Eleven Resources — Investor Presentation (February 2022) on 6ix