Group Eleven Resources Corp. · TSXV:ZNG
Group Eleven Resources — Investor Presentation (October 2023)
24 slides from Group Eleven Resources's investor presentation, October 2023
Slide 1: New High-Grade Zinc-Lead-Silver-Germanium Discovery in Ireland
RESOURCES CORP. New High-Grade Zinc-Lead- Silver-Germanium Discovery in Ireland October 2023 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 C
Slide 5: Why Zinc?
Why Zinc? Global Zinc Inventories at Decade Lows, Zinc Price Buoyant on Smelter Constraints, Infrastructure ► Green Energy Revolution Zinc Price vs. Global Inventories (2004 to 2023) • Zinc-Batteries for Grid Power Storage • Offshore Wind • Solar Farms ► Zinc in Fertilizers • China: World Food Progr
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 Average Expiry Shares Ownership (Basic) Structure Exercise Price Date^ (mln) Basic 175.0 Options Directors $0.10 Oct-25 1.7 Glencore Officers $0.10 Oct-25 1.9 20.8% Employees $0.10 Oct-25 0.9 Warrants Investors $0.15 Feb-24 28.9 Others Michael Glencore $0.12 Oct-24 3.4
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 (Sep-2023) – Follow-Up Drilling
Ballywire Discovery (Sep-2023) – Follow-Up Drilling Robust Zinc-Lead Mineralization Intercepted Over 1.5km, Open for a Further 3km to the East WL N G11-468-06 (60m Step-Out) 10.1m of 8.6% and 46 g/t, incl. 6.0m of 12.4% and 68 g/t, incl. 2.5m of 29.2% and 160 g/t ABL 97-468-2 2.5m of 6.2% incl 0.5m
Slide 11: Ballywire Discovery (Sep-2023) – New Drilling (Cross-Section)
Ballywire Discovery (Sep-2023) – New Drilling (Cross-Section) 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 LEGEND SWL New Drill Holes Previous Drill Holes WL Zinc-Lead-Silver (Higher-Grade) Zinc-Lead-Silver (Lower Grade
Slide 12: Ballywire Discovery (Sep-2023) – Follow-Up Drilling
Ballywire Discovery (Sep-2023) – Follow-Up Drilling Robust Zinc-Lead Mineralization Intercepted Over 1.5km, Open for a Further 3km to the East WL N G11-468-06 (60m Step-Out) 10.1m of 8.6% and 46 g/t, incl. 6.0m of 12.4% and 68 g/t, incl. 2.5m of 29.2% and 160 g/t ABL 97-468-2 2.5m of 6.2% incl 0.5m
Slide 13: Ballywire – Bedding Parallel (Tonnage Potential, Predictable)
Ballywire – Bedding Parallel (Tonnage Potential, Predictable) 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. 0.2
Slide 14: Ballywire Discovery (Sep-2023) – Follow-Up Drilling
Ballywire Discovery (Sep-2023) – Follow-Up Drilling Robust Zinc-Lead Mineralization Intercepted Over 1.5km, Open for a Further 3km to the East WL N G11-468-06 (60m Step-Out) 10.1m of 8.6% and 46 g/t, incl. 6.0m of 12.4% and 68 g/t, incl. 2.5m of 29.2% and 160 g/t ABL 97-468-2 2.5m of 6.2% incl 0.5m
Slide 15: Ballywire Discovery (Sep-2023) – Discovery of Feeder Zone
Ballywire Discovery (Sep-2023) – Discovery of Feeder Zone NNW (C) SSE (C’) 8.3m of 5.7%, 86 g/t and 0.22% Cu, incl. SWL WL 4.3m of 8.8%, 149 g/t and 0.31% Cu and WLEQ LEGEND New Holes (dashed if assays pending) Zinc-Lead-Silver (Higher Grade) Zinc-Lead-Silver (Lower Grade) Feeder Structures (Interse
Slide 16: Ballywire – Exploration Upside Over 6km x 2km Search Area
Ballywire – Exploration Upside Over 6km x 2km Search Area N G11-468-06 G11-468-03 (Discovery Hole) 99-3352-5 98.7m of 1.6% and 12 g/t, incl. 66.0m of 2.8% and 29 g/t, incl. 14.0m of 0.9%, incl. 10.1m of 8.6% and 46 g/t, incl. 10.8m of 10.0% and 109 g/t, incl. 5.0m of 1.6%, incl. 6.0m of 12.4% and 68
Slide 17: Ballywire – New Gravity Anomalies are High-Priority Targets
Ballywire – New Gravity Anomalies are High-Priority Targets Modelled Density-High Anomalies May Indicate Massive Sulphide Mineralization N 97-468-2 G11-468-01 Discovery Area 2.5m of 6.2% incl 3.3m of 12.5%, 48.3 g/t incl 0.5m of 20.3% 0.4m of 25.5%, 92.2 g/t ‘C3’ ‘C1’ undrilled ‘C2’ Legend ‘C2’ - De
Slide 18: Carrickittle West Target: Mirror Image of Pallas Green?
Carrickittle West Target: Mirror Image of Pallas Green? TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 18
Slide 19: Pallas Green Deposit – Trend of Mineralization to the SE
Pallas Green Deposit – Trend of Mineralization to the SE Dominant License Position in Most Metal-Endowed Zinc Camp in Ireland (outside of Navan) Pallas Green Area → TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 19
Slide 20: 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 21: Carrickittle West – Similarities With Pallas Green Emerging
Carrickittle West – Similarities With Pallas Green Emerging Two Holes Announced in June 2022 Show 2km by 5km Area with Pyritic-Brecciated Target Horizon Carrickittle West Pallas Green Corridor Drill Target PGW Note: PGW is the PG West Project (Group Eleven) TSX.V: ZNG, | OTC: GRLVF | FRA: 3GE 21
Slide 22: Upcoming Catalysts
Upcoming Catalysts 2023 – Two Key Value Drivers • PG West – Ballywire Discovery (Q4) • Follow-up Drilling • Germanium Assays • Stonepark – Drill Test of Carrickittle West ‘Deep Target’ • Hole (700m to 1,100m Deep) to Start Pending Priorities at Ballywire 22
Slide 23: 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 Chin
Slide 24: 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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