Vancouver, British Columbia--(Newsfile Corp. - July 7, 2026) - Group Eleven Resources Corp. (TSXV: ZNG) (OTCQB: GRLVF) (FSE: 3GE) ("Group Eleven" or the "Company") is pleased to announce assay results from four new holes at its Ballywire discovery ("Ballywire") at the 100%-owned PG West Project ("PG West"), Ireland.
Highlights:
26-3552-60 - Drilled 50m downdip of 26-3552-57 (which intersected 11.8m of 13.4% Zn+Pb and 45 g/t Ag; announced 28-May-2026), intersected:
-
45.0m of 6.0% Zn+Pb (3.7% Zn and 2.3% Pb) and 28 g/t Ag (from 346m downhole), incl.
-
1.9m of 11.5% Zn+Pb (3.4% Zn and 8.1% Pb) and 43 g/t Ag, and
-
3.8m of 9.5% Zn+Pb (1.7% Zn and 7.9% Pb) and 34 g/t Ag, and
-
3.1m of 7.6% Zn+Pb (4.8% Zn and 2.8% Pb) and 41 g/t Ag and
-
6.9m of 18.3% Zn+Pb (13.9% Zn and 4.4% Pb) and 86 g/t Ag, incl.
-
2.4m of 40.9% Zn+Pb (30.0% Zn and 10.9% Pb) and 185 g/t Ag
-
-
-
Assays from the Deeper Cu-Ag target are pending
-
26-3552-54 - Testing Deeper Cu-Ag target at NE extension of the Ballywire discovery, representing a 275m step-out from nearest such test, intersected several Cu-Ag zones, including:
-
4.7m of 67 g/t Ag, 0.88% Cu and 0.10% Sb, incl.
-
2.6m of 95 g/t Ag, 1.35% Cu and 0.16% Sb, incl.
-
0.8m (76cm) of 254 g/t Ag, 3.41% Cu and 0.46% Sb
-
-
-
26-468-23 - Drilled at SW extension of discovery, 375m away from nearest drill fence:
-
21.2m of 6.4% Zn+Pb (2.7% Zn and 3.7% Pb), 50 g/t Ag, incl.
-
2.8m of 7.7% Zn+Pb (6.2% Zn and 1.5% Pb), 34 g/t Ag and
-
6.3m of 10.9% Zn+Pb (2.9% Zn and 8.1% Pb), 122 g/t Ag, 0.12% Cu, incl.
-
2.6m of 14.2% Zn+Pb (1.9% Zn and 12.3% Pb), 195 g/t Ag, 0.22% Cu
-
-
-
26-3552-55 - Representing first hole drilled at gravity-high anomaly 'D', and implying a step-out distance of 265m from nearest drilling, returned numerous zones of weaker mineralization prospective for nearby massive sulphide mineralization; follow up drilling expected shortly
Four rigs continue to be active at Ballywire with an additional rig active at the adjacent 77.64%-interest Stonepark Project
"Today's results represent (a) further confirmation of Deeper Cu-Ag mineralization along a new, 275m step-out drill fence at Ballywire, (b) our most significant Zn-Pb-Ag intercept by far along the south-westerly extension of the discovery, and (c) additional impressive Zn-Pb-Ag massive sulphide hosted mineralization on a 50m step-out increasingly showing potential for a parallel trend," stated Bart Jaworski, CEO. "The strike length of pierced Deeper Cu-Ag mineralization increases today from 430m to approx. 700m, growing our conviction that Deeper Cu-Ag mineralization may extend across the entire Ballywire Zn-Pb-Ag discovery, currently known to span 3.2km along a prospective trend of 6km. With a robust treasury and our most ambitious drill campaign to date — bolstered by our $12m financing in March, allowing go-forward funded drilling to increase from 20,000m to approx. 67,000-75,000m — we are poised to continue unlocking this discovery's full potential."