Group Eleven Drills 25.6m of 9.2% Zn+Pb and 28 g/t Ag and Extends Deeper Cu-Ag Zone with 17.4m of 35 g/t Ag and 0.31% Cu at Ballywire Discovery

Core Insights - Group Eleven Resources Corp. announced significant drilling results from its Ballywire discovery at the PG West Project in Ireland, highlighting the presence of both Zn-Pb-Ag and Cu-Ag mineralization in close proximity, which is favorable for future mining operations [1][3][10] Drilling Results - The latest drill hole 25-3552-39 intersected two main mineralization zones, including 25.6m of 9.2% Zn+Pb and 28 g/t Ag, with notable intervals of 5.7m of 14.9% Zn+Pb and 24 g/t Ag [4][12] - Drill hole 25-3552-44, targeting the Deeper Cu-Ag zone, revealed 17.4m of 35 g/t Ag and 0.31% Cu, including a peak of 0.4m with 917 g/t Ag and 1.97% Cu [4][15] Mineralization Characteristics - The mineralization at Ballywire consists predominantly of sphalerite, galena, and pyrite, with Cu-Ag zones containing chalcopyrite and suspected tennantite-tetrahedrite [11] - The discovery of a second fault suggests a parallel mineralizing system to the north of the current drilling area, indicating potential for further exploration [3][10] Future Exploration Plans - Drilling continues at Ballywire with three rigs, and eleven new holes are either completed or near completion, focusing on various targets including the Deeper Cu-Ag zone [16] - The company aims to enhance shareholder value through ongoing drill testing along the 6km long prospective trend at Ballywire [3][10]