Group Eleven Resources Corp. · TSXV:ZNG
Group Eleven Resources — Investor Presentation (November 2025)
120 slides from Group Eleven Resources's investor presentation, November 2025
Slide 1: New High-Grade Zinc-Lead-Silver Discovery in Ireland
Long Version RESOURCES CORP. New High-Grade Zinc-Lead- Silver Discovery in Ireland November 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: Investment Highlights
Investment Highlights
Slide 4: Vision
VISION Discover Ireland’s Next Big Zinc Mine In Order To Generate Exponential Shareholder Returns And Local Economic Benefits 4
Slide 5: 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 6: Why Zinc?
Why Zinc?
Slide 7: 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 8: Why Zinc?
Why Zinc? ► South32’s Outlook (as per South32 news release dated 15-Feb-2024) • Zinc demand is forecast to grow at 2% per annum (vs. 1% in the prior decade) to 2031 • Increasing intensity of use and the rapid deployment of wind and solar • Zinc mine supply is constrained • Despite higher prices, Chi
Slide 9: Why Zinc? Treatment Charges
Why Zinc? TREATMENT CHARGES ➢ Best Tangible Leading Indicator For Near-Term Zinc Prices ➢ Lower TCs ===> More Bullish Zinc Price Outlook US$274/t US$80/t TSX.V: ZNG, FRA: 3GE 9
Slide 10: Red Dog – The Largest Zinc Mine in the World
Why Zinc? RED DOG – THE LARGEST ZINC MINE IN THE WORLD Source: Group Eleven modified after GlobalData and Mining Technology TSX.V: ZNG, FRA: 3GE 10
Slide 11: Red Dog – The Largest Zinc Mine in the World
Why Zinc? RED DOG – THE LARGEST ZINC MINE IN THE WORLD Teck’s guidance (released early 2025) was a surprise to the downside, leaving a large supply gap to fill TSX.V: ZNG, FRA: 3GE 11
Slide 12: Why Ireland?
Why Ireland?
Slide 13: Ireland: host to some of the world's largest zinc deposits
Ireland: host to some of the world’s largest zinc deposits and poised to host ‘greenest’ zinc in the world… 13
Slide 14: 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 15: Team and Capital Structure
Team and Capital Structure
Slide 16: 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 17: Capital Structure
Capital Structure Share Owners Exercise Expiry Date Shares Ownership (Basic) Structure Price (mln) Michael Basic 261.2 Gentile Options Directors $0.10-0.19 Sep-27 to Nov-29 1.5 14.1% Officers $0.10-0.19 Sep-27 to Nov-29 1.7 Glencore Employee/Cons $0.10-0.22 Sep-27 to Feb-30 0.8 Others 13.9% 62.7% Wa
Slide 18: Share Price Performance and News Flow
Share Price Performance and News Flow
Slide 19: Share Price Performance and News Flow
Share Price Performance and News Flow Price (C$/sh) and Volume | Jul-2024 to Sep-2025 | ZNG-TSXV Source: Stockcharts.com 1 2 3 4 5 6 7 8 10 11 12 13 14 15 17 0.40 9 16 0.35 C$/share 0.30 0.25 18 19 20 21 0.20 0.15 1 Exploration News 2 Corporate News Mln Sh 1.0 0.5 Aug Sep Oct Nov Dec Jan Feb Mar Apr
Slide 20: PG West Project: Discovery at Ballywire Prospect
PG West Project: Discovery at Ballywire Prospect High-Grade Massive Sulphide Discovery (Announced September 2022) 20
Slide 21: PG West Project ► Ballywire Discovery
PG West Project (100% interest) ► Ballywire Discovery
Slide 22: 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) TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 22
Slide 23: 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 23
Slide 24: Ballywire Discovery – 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 25: 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 25
Slide 26: Ballywire Discovery – Cross-Section (Showing Massive Sulphides)
Ballywire Discovery – Cross-Section (Showing Massive Sulphides) NNW (B) SSE (B’) TSX.V: ZNG, FRA: 3GE 26
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: Ballywire Discovery – 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 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, FRA: 3GE 29
Slide 30: Ballywire Discovery – 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 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 TSX.V: ZNG, FRA: 3GE 31
Slide 32: Ballywire Discovery – 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 33: 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 33
Slide 34: Ballywire Discovery – 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 35: 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 35
Slide 36: Ballywire Discovery – 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 37: 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 37
Slide 38: Ballywire Discovery – Detailed Cross-Section
Ballywire Discovery – Detailed Cross-Section NNW (H) SSE (H’) 38
Slide 39: Ballywire Discovery – 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 40: 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 40
Slide 41: Ballywire – 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 42: 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 42
Slide 43: Ballywire Discovery – Long-Section (710m Distance)
Ballywire Discovery – Long-Section (710m Distance) SW (J) NE (J’) TSX.V: ZNG, FRA: 3GE 43
Slide 44: 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 45: Ballywire Discovery – 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 45
Slide 46: Ballywire – 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 47: Ballywire – 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 48: Ballywire Discovery – Exploration Potential
PG West Project (100% interest) ► Ballywire Discovery – Exploration Potential
Slide 49: Ballywire Discovery – Most Recent Plan View
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 49
Slide 50: Ballywire Discovery – Most Recent Plan View
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 50
Slide 51: Ballywire Discovery – Deeper Cu-Ag Target
Ballywire Discovery – Deeper Cu-Ag Target NNW (L) SSE (L’) (2) Deeper Cu-Ag Target TSX.V: ZNG, FRA: 3GE 51
Slide 52: 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 52
Slide 53: Ballywire Discovery – Most Recent Plan View
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 53
Slide 54: 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 54
Slide 55: Ballywire Discovery – 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 56: For Reference: Lisheen Zn-Pb-Ag Deposit (Plan View)
For Reference: Lisheen Zn-Pb-Ag Deposit (Plan View) Not homogenously thick and high-grade (need good drill density) Production 22.4mt of Main 13.6% Zn+Pb, Zone 26 g/t Ag Derryville Zone Discovery: 1990 Closure: 2015 Vertical thickness of total accumulated massive sulphide lenses Source: Fusciardi an
Slide 57: For Reference: Galmoy Zn-Pb-Ag Deposit (Plan View)
For Reference: Galmoy Zn-Pb-Ag Deposit (Plan View) Discovery: 1986 Closure: 2009 Re-Opening? 2025? 2P+M&I = 9.5mt of 18.2% Zn+Pb, 38 g/t Ag K Zone 1km Source: Lundin Technical Report (WGM, April 2005) TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 57
Slide 58: Ballywire Discovery – Germanium
PG West Project (100% interest) ► Ballywire Discovery – Germanium
Slide 59: Ballywire – Significantly Elevated Germanium
Ballywire – Significantly Elevated Germanium Germanium Trades at US$63/oz – about 1.5x the price of Silver (US$41/oz; as of Sep 11, 2025) Background Information on Germanium (Ge) • On European Union List of Critical Raw Materials since 2010 • Critical element list: US, China, Australia and Canada •
Slide 60: Ballywire – Significantly Elevated Germanium
Ballywire – Significantly Elevated Germanium Germanium Trades at US$63/oz – about 1.5x the price of Silver (US$41/oz; as of Sep 11, 2025) Germanium Assays from G11-3552-12 Note: Continuous intervals shown as shaded meterage; ‘NYA’ means not yet assayed, assumed nil TSX.V: ZNG, | OTC: GRLVF | FRA: 3G
Slide 61: Ballywire – Significantly Elevated Germanium
Ballywire – Significantly Elevated Germanium Germanium Trades at US$63/oz – about 1.5x the price of Silver (US$41/oz; as of Sep 11, 2025) Germanium Assays from G11-3552-16, -17 and -18 Note: Continuous intervals shown as shaded meterage; ‘NYA’ means not yet assayed, assumed nil TSX.V: ZNG, | OTC: GR
Slide 62: Ballywire – Significantly Elevated Germanium
Ballywire – Significantly Elevated Germanium Germanium Trades at US$63/oz – about 1.5x the price of Silver (US$41/oz; as of Sep 11, 2025) Germanium Assays from G11-3552-19 Note: Continuous intervals shown as shaded meterage; ‘NYA’ means not yet assayed, assumed nil TSX.V: ZNG, | OTC: GRLVF | FRA: 3G
Slide 63: Stonepark / PG West Project
Stonepark / PG West Project Pallas Green Lookalike Potential 63
Slide 64: 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 Stonepark Deposit→ TSX.V: ZNG, FRA: 3GE 64
Slide 65: Stonepark Deposit – Expansion Potential
Stonepark Project (77.64% interest) ► Stonepark Deposit – Expansion Potential
Slide 66: 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
Slide 67: Stonepark Deposit (Plan View) – Expansion Opportunities
Stonepark Deposit (Plan View) – Expansion Opportunities Deposit Remains Open Along Areas of High Prospectivity Drilling to Date >4% Zn N Areas of High 2-4% Zn Prospectivity <2% Zn SPN No mineralization Areas MRE - Inferred, 43-101 (5.1mt @ 11.3% Zn+Pb) Highly Prospective SPW Not Yet Drilled SP Resou
Slide 68: Pallas Green Corridor | Carrickittle Prospect
PG West Project (100% interest) ► Pallas Green Corridor | Carrickittle Prospect
Slide 69: 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 69
Slide 70: 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: TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 70
Slide 71: 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
Slide 72: Carrickittle – Zone 1 (Plan View, Massive Sulphide Lenses)
Carrickittle – Zone 1 (Plan View, Massive Sulphide Lenses) C C’ D D’ TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 72
Slide 73: Carrickittle – Zone 1 (Long-Section A-A', Lens 1)
Carrickittle – Zone 1 (Long-Section A-A’, Lens 1) TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 73
Slide 74: Carrickittle – Zone 1 (Long-Section B-B', Lens 2)
Carrickittle – Zone 1 (Long-Section B-B’, Lens 2) TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 74
Slide 75: 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, | OTC: GRLVF | FRA: 3GE 75
Slide 76: 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, | OTC: GRLVF | FRA: 3GE 76
Slide 77: 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) Note: All above intersection are interpreted to be approximately true thickness; * Small fragments of massive sulphide were recovered but not enough
Slide 78: 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 Note: As a percent of the drilled interval, true width of mineralization is estimated to be 60%; “WL” = Waulsortian limestone TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 78
Slide 79: Carrickittle – Zone 2 (Plan View, Vein Mineralization)
Carrickittle – Zone 2 (Plan View, Vein Mineralization) TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 79
Slide 80: Carrickittle – Zone 2 (Cross-Section, A-A')
Carrickittle – Zone 2 (Cross-Section, A-A’) TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 80
Slide 81: Carrickittle – Zone 1-4 – Latest Drill Results Confirm NW Trend
Carrickittle – Zone 1-4 – Latest Drill Results Confirm NW Trend TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 81
Slide 82: Carrickittle – Zones 1-4 – Historic Intercepts, Dolomitization
Carrickittle – Zones 1-4 – Historic Intercepts, Dolomitization malachite Minerals present in hole TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 82
Slide 83: Carrickittle – Large Prospective Area Remains Undrilled
Carrickittle – Large Prospective Area Remains Undrilled Zones 1 to 4 Remain Open to the Northwest Carrickittle G11-2840-03 North 2840/7 Carrickittle Cross-Section Line TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 83
Slide 84: 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
Slide 85: Pallas Green Corridor | Carrickittle West Prospect
Stonepark (77.64% interest) ► Pallas Green Corridor | Carrickittle West Prospect
Slide 86: 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 87: 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 88: 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 89: 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 90: 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 91: Copper-Silver Prospects: Tullacondra (100%)
South of PG West Project ► Copper-Silver Prospects: Tullacondra (100%)
Slide 92: Four Key Copper Prospects in Limerick Region
Four Key Copper Prospects in Limerick Region Hypothesized To Represent Cu-Ag Roots of Zn-Pb Mineralized Systems TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 92
Slide 93: 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 94: Tullacondra Cu-Ag Historic Estimate - Plan View
Tullacondra Cu-Ag Historic Estimate - Plan View ABL Note: ‘ABL’ means Argillaceous Bioclastic Limestone Source: Munster Base Metals TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 94
Slide 95: Drilling (May-2022) - Best Grades Ever Achieved at Tullacondra
Drilling (May-2022) - Best Grades Ever Achieved at Tullacondra NNW (D) 130.1m of 0.50% Cu and 20.8 g/t Ag 34.3m of 0.50% Cu and 16.4 g/t Ag SSE (D’) 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 and 10.1 g/t Ag Hypothesized Mineralization LLS Holes (Pr
Slide 96: Copper-Silver Prospects: Denison
PG West Project (100% interest) ► Copper-Silver Prospects: Denison
Slide 97: 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 ABL Note: ‘ABL’ means Argillaceous Bioclastic Limestone TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 97
Slide 98: Denison Prospect, PG West Project (100%), Ireland
Denison Prospect, PG West Project (100%), Ireland NNW (E) D-9 G11-4474-01 D-6 D-57 SSE (E’) D-10 Minor mineralization (not assayed) Anomalous Cu over 15m (Zn/Pb 116.7m of 0.38% Cu and 21 g/t, incl. noted at 50m) 44.7m of 0.82% Cu and 47 g/t 4.6m of 0.69% Cu and unk g/t D-58 ABL 1.5m of 0.44% Cu and
Slide 99: Copper-Silver Prospects: Gortdrum
► Copper-Silver Prospects: Gortdrum Note: Gortdrum was surrendered by Group Eleven in 2024 and is shown here to demonstrate copper-silver potential in the Limerick region
Slide 100: 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%
Slide 101: Gortdrum – Historic Plan View of Old Open Pit
Gortdrum – Historic Plan View of Old Open Pit TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 101
Slide 102: Gortdrum – Cross-Section of Old Mine Mineralization
Gortdrum – Cross-Section of Old Mine Mineralization NNW (C) 112 108 41 29 SSE (C’) 37 5.8m of 20 g/t, 0.76% Cu 3.0m of 26 g/t, 0.56% Cu LLS ORS 6.1m of 15 g/t, 0.69% Cu LLS ORS LLS LEGEND 30.5m of 42 g/t, 1.24% Cu Holes (Historic) Cu-Ag zone LLS Lower Limestone Shale ORS Old Red Sandstone 6.1m of 27
Slide 103: 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
Slide 104: 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
Slide 105: Ballinalack Project
Ballinalack Project Navan Beds Potential Lies Beneath 105
Slide 106: 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
Slide 107: 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 From Report Titled: “NI43-101 Independent Report on a Base Metal Exploration Project at Ballinalack, Co. Westmeath, Ireland”, by Paul Gordon, John Kelly and Belinda va
Slide 108: Ballinalack – Significant Exploration Upside
Ballinalack – Significant Exploration Upside Numerous Targets to Follow Up Regionally, and in Proximity to Historic Estimate Ballinalack zinc-lead deposit* * Mineral Resource Estimate in the Inferred Category as stated in Group Eleven news release dated November 28, 2018 (5.4 mln tonnes of 8.7% Zn+P
Slide 109: Ballinalack – Navan Beds Targets (Plan View)
Ballinalack – Navan Beds Targets (Plan View) Strong Navan Beds Mineralization Already Intersected LEGEND 4a Ballinalack Deposit 4b Navan Beds Zn Target 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
Slide 110: Ballinalack – Hanging Wall Navan Beds Zinc Targets
Ballinalack – Hanging Wall Navan Beds 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
Slide 111: Ballinalack – Footwall Navan Beds Zinc Targets
Ballinalack – Footwall Navan Beds 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 Categor
Slide 112: 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
Slide 113: Catalysts
Catalysts
Slide 114: 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 114
Slide 115: How Do We Stack Up Versus Our Peers?
How Do We Stack Up Versus Our Peers?
Slide 116: Resource Grade (ZnEq%) Ranking
Resource Grade (ZnEq%) Ranking Pure Play Zinc-Lead Companies (Excluding Copper and/or Precious Metal Rich Projects) Notes: 1 Hole G11-3552-12 at Ballywire intersected 12.9m of 16.6% Zn+Pb, 123 g/t Ag and 0.19% Cu (announced Ballywire intercept1 June 11th, 2024) 2 3.9mt of 9.2% Zn, 2.9% Pb (12.1% com
Slide 117: Appendices
Appendices
Slide 118: 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 118
Slide 119: 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 Beds Target* 0 50 100 * Navan Beds Target only in NE portion of Irish Midlands (see Regional Cross section above) Source: Modified a
Slide 120: 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
Group Eleven Resources — Investor Presentation (November 2025) on 6ix