Group Eleven Resources Corp. is pleased to announce drill results from five step-out holes at its 100%-owned Ballywire zinc-lead-silver discovery , PG West Project , Republic of Ireland. One more step-out hole and germanium assays remain pending from the Ballywire area, with results expected over the coming weeks. Highlights G11-3552-03 returned 11.2m of 8.9% Zn+Pb and 83 g/t Ag, including 4.7m of 9.7% Zn+Pb and 79 g/t Ag [...]
Group Eleven Resources Corp. is pleased to announce results of a ground gravity survey carried out during June 2023 at its 100%-owned Ballywire zinc-lead-silver discovery , PG West Project , Republic of Ireland. Highlights Detailed ground gravity surveying and modelling over the central portion of the Ballywire discovery area has identified a previously unknown gravity anomaly associated with known high-grade Zn-Pb-Ag [...]
Group Eleven Resources Corp. announces that it has granted incentive stock options, to directors, officers and employees of the Company to purchase up to 1,435,000 common shares in the capital stock of the Company. These options vest over a period of two years from the date of grant, at an exercise price of $0.11 per share. All options granted are subject to regulatory approval. The Company is also pleased to announce [...]
Group Eleven Resources Corp. is pleased to announce assay results from two recent step-out holes at its 100%-owned Ballywire zinc-lead-silver discovery , PG West Project , Ireland. Highlights from drill hole G11-468-12 at Ballywire: Two high-grade zones intersected, including the most extensive alteration and highest silver and copper grades discovered to date on the property: 10.5m of 14.7% Zn+Pb , 399 g/t Ag and 0.31 [...]
Group Eleven Resources Corp. is pleased to announce that all resolutions were passed by the requisite majority at its annual general meeting held in Vancouver, British Columbia on July 27, 2023. Annual General Meeting Results A total of 109,450,166 common shares were represented at the AGM, representing 62.554% of the votes attached to all outstanding common shares as at the record date. All of the matters submitted to [...]
Group Eleven Resources Corp. is pleased to provide a drill progress update and announce the addition of a second drill rig at the Ballywire Zn-Pb-Ag-Ge discovery , PG West Project , Ireland. Drill Update at Ballywire: Two drill holes have been completed , totalling 375m and 323m, respectively; results are to be announced over the coming weeks upon completion of assays expected in due course G11-468-09 was a 375m [...]
Group Eleven Resources Corp. announces that the TSX Venture Exchange has approved the previously announced extension of warrants of the Company which were to otherwise expire on July 28, 2023. The Company has extended the expiry date of the 12,916,667 Warrants granted on July 28, 2020, with each Warrant entitling the holder to purchase one common share of the Company, as follows: Certificate Numbers Aggregate Number of [...]
Group Eleven Resources Corp. announces that, subject to the approval of the TSX Venture Exchange, the Company is seeking to extend the term of certain warrants of the Company which would otherwise expire on July 28, 2023. Warrant Repricing and Extension The Company intends to extend the expiry date of the 12,916,667 Warrants granted on July 28, 2020, with each Warrant entitling the holder to purchase one common share of [...]
Group Eleven Resources Corp. is pleased to announce assay results from three latest step-out holes at its Ballywire Zn-Pb-Ag discovery , PG West Project. Each hole returned significant mineralization , expanding the footprint of known mineralization and demonstrating potential for further growth. Drill Update at Ballywire: G11-468-10, extending known mineralization by 75m downdip, intersected mineralization over 67.0m [...]
Group Eleven Resources Corp. announces that it has issued a total of 1,714,284 deferred share units to three independent directors as settlement of remuneration owing for directorship services provided in fiscal years 2020 and 2022, in accordance with the provisions of the Company's deferred share unit plan. Correction to Terms of Finder's Warrants Further to the Company's news release dated May 26, 2023 announcing the [...]
Group Eleven Resources Corp. is pleased to announce that it has closed its non-brokered private placement , as previously announced in the Company's news releases dated May 1, 2023 and May 2, 2023. In connection with the Private Placement, the Company issued 16,666,666 units at a price of $0.09 per Unit for aggregate gross proceeds of approximately $1,500,000. Each Unit consists of one common share in the capital of the [...]
Group Eleven Resources Corp. is pleased to announce an increase in the size of its previously announced non-brokered private placement , as described in the Company's news release dated May 01, 2023. The Company now intends to issue up to 16,666,666 units of the Company at a price of $0.09 per Unit for gross proceeds of up to $1,500,000 . All currency in this news release is denominated in Canadian dollars. Each Unit will [...]
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