Group Eleven Resources Corp. · TSXV:ZNG
Group Eleven Resources — Investor Presentation (August 2024)
41 slides from Group Eleven Resources's investor presentation, August 2024
Slide 1: New High-Grade Zinc-Lead-Silver Discovery in Ireland
Medium Version RESOURCES CORP. New High-Grade Zinc-Lead- Silver Discovery in Ireland August 2024 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 1050-400 Burrard Street, Vancouver, BC, Canada, V6C 1M2 and is made subject to the terms outlined below. No securities regulatory authority has expressed
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 (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
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 2024) • 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 Management Dan MacInnis | Chairman (non-executive) Jeannine Webb | Chief Financial Officer • Geologist / Executive • Chartered Professional Accountant with 30 yrs • Retired CEO of MAG Silver (sits on MAG Board) experience •
Slide 7: Capital Structure
Capital Structure Share Owners Exercise Expiry Date Shares Ownership (Basic) Structure Price (mln) Basic 200.7 Glencore Options Directors $0.09-0.11 Oct-25 to Oct-28 1.7 18.1% Officers $0.09-0.11 Oct-25 to Oct-28 1.9 Employees $0.09-0.11 Oct-25 to Oct-28 0.8 Michael Others Gentile Warrants Investors
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 C&M) • Proximity to European Smelters • Wind Power – 1
Slide 9: Ballywire – At Intersection of Regional Mineralized Trends
Ballywire – At Intersection of Regional Mineralized Trends Dominant License Position in Most Metal-Endowed Zinc Camp in Ireland (outside of Navan) TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 9
Slide 10: Ballywire Discovery – Plan View
Ballywire Discovery – Plan View Robust Zinc-Lead Mineralization Intercepted Over 2.6km, Prospective Trend At Least 6km Long N G11-3552-03 (160m Step-Out) G11-468-06 (60m Step-Out) 58.0m of 3.1%, 25 g/t, incl. 10.1m of 8.6% and 46 g/t, incl. 32.7m of 4.4%, 37 g/t, incl. 6.0m of 12.4% and 68 g/t, incl
Slide 11: Ballywire Discovery – Detailed Cross-Section
Ballywire Discovery – Detailed Cross-Section 11
Slide 12: Cross-Section (510m Down-Dip Extent)
Ballywire Discovery – Cross-Section (510m Down-Dip Extent) NNW (A) 17.9m of 1.3%, 16 g/t, 0.09% Cu, incl. SSE (A’) 3.3m of 3.5%, 73 g/t, 0.46% Cu, incl. 2.4m of 4.7%, 101 g/t, 0.64% Cu SWL LEGEND Previous Drill Holes WL Zinc-Lead-Silver (Higher-Grade) Zinc-Lead-Silver (Lower Grade) Massive Co-Ni Bea
Slide 13: Ballywire Discovery – Plan View
Ballywire Discovery – Plan View Robust Zinc-Lead Mineralization Intercepted Over 2.6km, Prospective Trend At Least 6km Long N G11-3552-03 (160m Step-Out) G11-468-06 (60m Step-Out) 58.0m of 3.1%, 25 g/t, incl. 10.1m of 8.6% and 46 g/t, incl. 32.7m of 4.4%, 37 g/t, incl. 6.0m of 12.4% and 68 g/t, incl
Slide 14: Cross-Section (900m Down-Dip Extent)
Ballywire – Cross-Section (900m Down-Dip Extent) NNW (B) SSE (B’) 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%, 0.43% Cu and 109 g/t (incl. 0.2m of 430 g/t,
Slide 15: Ballywire Discovery – Plan View
Ballywire Discovery – Plan View Robust Zinc-Lead Mineralization Intercepted Over 2.6km, Prospective Trend At Least 6km Long N G11-3552-03 (160m Step-Out) G11-468-06 (60m Step-Out) 58.0m of 3.1%, 25 g/t, incl. 10.1m of 8.6% and 46 g/t, incl. 32.7m of 4.4%, 37 g/t, incl. 6.0m of 12.4% and 68 g/t, incl
Slide 16: Discovery of Feeder Zone
Ballywire Discovery – Discovery of Feeder Zone NNW (C) SSE (C’) TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 16
Slide 17: Ballywire Discovery – Plan View
Ballywire Discovery – Plan View Robust Zinc-Lead Mineralization Intercepted Over 2.6km, Prospective Trend At Least 6km Long N G11-3552-03 (160m Step-Out) G11-468-06 (60m Step-Out) 58.0m of 3.1%, 25 g/t, incl. 10.1m of 8.6% and 46 g/t, incl. 32.7m of 4.4%, 37 g/t, incl. 6.0m of 12.4% and 68 g/t, incl
Slide 18: Robust 80m Step-Out to East
Ballywire Discovery – Robust 80m Step-Out to East NNW (D) SSE (D’) TSX.V: ZNG, FRA: 3GE 18
Slide 19: Ballywire Discovery – Plan View
Ballywire Discovery – Plan View Robust Zinc-Lead Mineralization Intercepted Over 2.6km, Prospective Trend At Least 6km Long N G11-3552-03 (160m Step-Out) G11-468-06 (60m Step-Out) 58.0m of 3.1%, 25 g/t, incl. 10.1m of 8.6% and 46 g/t, incl. 32.7m of 4.4%, 37 g/t, incl. 6.0m of 12.4% and 68 g/t, incl
Slide 20: Robust 160m Step-Out to East
Ballywire Discovery – Robust 160m Step-Out to East NNW (E) SSE (E’) TSX.V: ZNG, FRA: 3GE 20
Slide 21: Ballywire Discovery – Plan View
Ballywire Discovery – Plan View Robust Zinc-Lead Mineralization Intercepted Over 2.6km, Prospective Trend At Least 6km Long N G11-3552-03 (160m Step-Out) G11-468-06 (60m Step-Out) 58.0m of 3.1%, 25 g/t, incl. 10.1m of 8.6% and 46 g/t, incl. 32.7m of 4.4%, 37 g/t, incl. 6.0m of 12.4% and 68 g/t, incl
Slide 22: Long-Section Showing 710m of Strike
Ballywire Discovery – Long-Section Showing 710m of Strike SW (F) NE (F’) TSX.V: ZNG, FRA: 3GE 22
Slide 23: Plan View – Most Recent Drilling (Jul-2024)
Ballywire Discovery – Plan View – Most Recent Drilling (Jul-2024) Robust Zinc-Lead Mineralization Intercepted Over 2.6km, Prospective Trend At Least 6km Long 23
Slide 24: 180m Step-Outs Yield Strong Results
Ballywire Discovery – 180m Step-Outs Yield Strong Results NNW (G) SSE (G’) TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 24
Slide 25: Plan View – Most Recent Drilling (Jul-2024)
Ballywire Discovery – Plan View – Most Recent Drilling (Jul-2024) Robust Zinc-Lead Mineralization Intercepted Over 2.6km, Prospective Trend At Least 6km Long 25
Slide 26: Cross-Section G-G' (530m Step-Out Drill Holes)
Ballywire - Cross-Section G-G’ (530m Step-Out Drill Holes) NNW (H) SSE (H’) LEGEND New drill holes Zn-Pb-Ag zone (higher-grade) Zn-Pb-Ag zone (lower grade) % Zn+Pb, unless otherwise noted g/t Ag WL Waulsortian Limestone WTR Waulsortian Transition BLN Ballynash Limestone ABL Argillaceous Bioclastic L
Slide 27: Key Intercepts to Date vs. Gravity Data
Ballywire – Key Intercepts to Date vs. Gravity Data High-Grade Portion of Discovery Coincident with Gravity High Contours TSX.V: ZNG, FRA: 3GE 27
Slide 28: Exploration Upside Over 6km x 2km Search Area
Ballywire – Exploration Upside Over 6km x 2km Search Area 28
Slide 29: Carrickittle West Target: Mirror Image of Pallas Green?
Carrickittle West Target: Mirror Image of Pallas Green? TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 29
Slide 30: Recently Discovered High-Grade at Carrickittle (PG West)
Recently Discovered High-Grade 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 30
Slide 31: Carrickittle West – Mirror Image of Pallas Green?
Carrickittle West – Mirror Image of Pallas Green? Limerick Volcanic Complex - Geological Similarities Between North and South Sides Pallas Green Area → TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 31
Slide 32: 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 33: 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) kilometres sourced from Blaney & Coffey, 2023
Slide 34: 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 Carrickittle West Prospect TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 34
Slide 35: Copper Potential
Copper Potential TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 35
Slide 36: Three Key Copper Prospects in Limerick Region
Three Key Copper Prospects in Limerick Region Hypothesized To Represent Cu-Ag Roots of Zn-Pb Mineralized Systems TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 36
Slide 37: Tullacondra Prospect (Cu-Ag Historic Estimate)
Tullacondra Prospect (Cu-Ag Historic Estimate) Located 20km South of PG West Project | Recently Acquired LEGEND Historic estimate: 3.6mt of 0.7% Supra-Waulsortian Lithologies Cu and 28 g/t Ag (incl. 0.6mt of Waulsortian Limestone 150 g/t Ag and 0.7% Cu) – Munster Base Metals, 1973) Ballysteen Lmst (
Slide 38: Drilling (May-2022) - Best Grades Ever Achieved at Tullacondra
Drilling (May-2022) - Best Grades Ever Achieved at Tullacondra NORTH 130.1m of 0.50% Cu and 20.8 g/t Ag 34.3m of 0.50% Cu and 16.4 g/t Ag SOUTH M-73-16 M-73-12 G11-3535-01 M-75-32 OVB LEGEND Mineralized Zone (Cu-Ag) LLS 10.1m of 0.38% Cu Hypothesized Mineralization LLS and 10.1 g/t Ag Drill Holes (H
Slide 39: Upcoming Catalysts
Upcoming Catalysts 2024 – Two Key Value Drivers • PG West – Ballywire Discovery • Busy Drill Program (2 Rigs) • Stonepark • Follow-up drilling at Carrickittle West 39
Slide 40: 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 41: 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 Jeannine Webb, CFO E: j.webb@groupelevenresources.com T: +1 604 644 9514 TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE
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