Group Eleven Extends Previous Hit to 52.3m of 10.3% Zn+Pb, 330 g/t Ag and 0.40% Cu, Plus Drills Three New Deeper Cu-Ag Zones in 350m Step-Out, incl. 3.7m of 225 g/t Ag and 1.03% Cu
TMX Newsfile·2026-02-25 11:00

Core Insights - Group Eleven Resources Corp. has announced significant assay results from its Ballywire discovery at the PG West Project in Ireland, indicating a major advancement in understanding the Deeper Cu-Ag target [1][3][10] Summary by Sections Exploration Results - The latest results from hole 25-3552-51 show a total of 52.3 meters of 10.3% Zn+Pb, 330 g/t Ag, and 0.40% Cu, which includes notable intervals of mineralization [8][11] - Significant Cu-Ag zones were encountered deeper in the same hole, with one interval showing 8.4 meters of 5.7% Zn+Pb, 132 g/t Ag, and 0.52% Cu [8][11] - The mineralization consists mainly of sphalerite, galena, and pyrite, with additional Cu-Ag zones containing chalcopyrite and suspected tennantite-tetrahedrite [11] Drilling Campaign - The company is currently operating four rigs at Ballywire, aiming to complete over 20,000 meters of drilling in 2026, with approximately 85% of this planned at Ballywire [15] - A total of 75 holes have been drilled and reported to date, with ongoing drilling expected to further define the mineralization [10][15] Financial Position - The company has a robust treasury, which supports its ambitious drilling campaign and exploration efforts at Ballywire [3] Future Plans - A third and final batch of results from hole 25-3552-51 is pending and expected to be released in the coming weeks, indicating ongoing exploration activity [10] - Follow-up drilling is planned to further investigate the continuity of the mineralizing system, particularly in areas showing promising results [14][15]

Group Eleven Extends Previous Hit to 52.3m of 10.3% Zn+Pb, 330 g/t Ag and 0.40% Cu, Plus Drills Three New Deeper Cu-Ag Zones in 350m Step-Out, incl. 3.7m of 225 g/t Ag and 1.03% Cu - Reportify