Target(TGT) Newsfile·2025-03-25 10:00Core Insights - Group Eleven Resources Corp. announced significant assay results from its ongoing drill program at the Ballywire zinc-lead-silver discovery in Ireland, highlighting high-grade intersections [1][3][4] - The company plans to expand its drilling efforts to explore a copper-silver target and a gravity anomaly in the near future, indicating a promising year ahead for exploration [3][10][12] Drilling Results - The recent drilling results include G11-3552-29, which intersected 130.7m of 2.3% Zn+Pb and 13 g/t Ag, with notable intervals of 7.5m at 20.1% Zn+Pb and 51 g/t Ag, including 2.2m at 37.5% Zn+Pb and 72 g/t Ag [4][9] - G11-3552-271 also reported 70.5m of 3.4% Zn+Pb and 41 g/t Ag, with significant intervals showing higher grades [4][9] Exploration Targets - The company is targeting a Cu-Ag 'feeder' fault that is spatially associated with the main Zn-Pb-Ag discovery, with historic occurrences in the region suggesting potential for significant mineralization [10][11] - Upcoming drilling will focus on a Cu-Ag target below the existing Zn-Pb-Ag mineralization and a step-out target 1.3km ENE of the Ballywire discovery [10][15] Geological Context - The mineralization at Ballywire is associated with steeply dipping calcite bodies, which may serve as exploration vectors along the 6km prospective trend [14][18] - The stratigraphy indicates that the Lower Limestone Shale horizon, located 100-200m below the discovery horizon, hosts several known Cu-Ag occurrences, enhancing the exploration potential [10][11] Company Overview - Group Eleven Resources Corp. is focused on advanced-stage zinc exploration in Ireland, with the Ballywire discovery first announced in September 2022 [25] - The company is strategically positioned near significant deposits, including Glencore's Pallas Green zinc-lead deposit, which may provide synergies and insights for ongoing exploration efforts [25]