Group Eleven Resources Corp. is pleased to announce that mobilization has begun for exploration drilling at Zones 3 and 4 of the Carrickittle zinc prospect at its 100%-owned PG West project , Ireland. In addition, a ground magnetics survey at Carrickittle is nearing completion and a second rig has been added to complete drilling at regional prospects at PG West. Highlights: Company's maiden drill program at Zones 3 and 4 [...]
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 June 22, 2021. Annual General Meeting Results A total of 85,513,576 common shares were represented at the AGM, representing 62.2% of the votes attached to all outstanding common shares as at the record date. All of the matters submitted to the [...]
Group Eleven Resources Corp. is pleased to announce results from exploration drilling at Zone 2 of the Carrickittle zinc prospect at its 100%-owned PG West project , Ireland. Highlights: Drilling represents the Company's maiden program at Zone 2, part of a systematic approach to consecutively drill Zones 1 to 4, such that information gained will help focus and de-risk larger-scale exploration drilling along the [...]
Group Eleven Resources Corp. is pleased to announce results from exploration drilling at the Gortdrum copper-silver prospect at its 100%-owned PG West project , Republic of Ireland. Highlights: Two holes were drilled 1.0 km and 2.2 km, respectively, from the old Gortdrum copper mine, along the main mineralizing structure - the "Gortdrum Fault Zone" G11-4498-01 intersected 14.4 metres of 0.221% Cu and 2.1 g/t Ag [...]
VANCOUVER, BC, Feb. 22, 2021 /CNW/ - Group Eleven Resources Corp. is pleased to announce the commencement of the next phase of drilling, and the results from an induced polarization geophysical survey, at the Carrickittle prospect at its 100%-owned PG West zinc project , Republic of Ireland. Highlights: Mobilization for drilling at Carrickittle commenced on Friday with a total of approximately 400 metres of drilling [...]
Group Eleven Resources Corp. is pleased to announce plans for follow-up drilling at the Carrickittle prospect at its 100% interest PG West project and provide a general update on exploration at its zinc-lead and copper-silver projects in the Republic of Ireland. Highlights - Carrickittle: A silver zone encountered in G11-2840-11 has been further studied and found to consist of a narrower interval averaging 3,961 g/t [...]
Group Eleven Resources Corp. is pleased to provide an update on its step-out drilling program at the Stonepark zinc project in the Republic of Ireland . Two holes were drilled outside the Stonepark mineral resource estimate , which totals 5.1 million tonnes grading 8.7% zinc and 2.6% lead 1. The MRE is located a few kilometres to the west of Glencore's Pallas Green zinc deposit2. Highlights: G11-2638-04 targeted a [...]
Group Eleven Resources Corp. is pleased to announce the closing of the second and final tranche of a non-brokered private placement through the issuance of 11,492,384 shares at a subscription price of $0.065 per share for aggregate gross proceeds to the Company of $747,005. All currency is denominated in Canadian dollars. Proceeds from the Offering will be used to fund further mineral exploration on the Company's projects [...]
Group Eleven Resources Corp. is pleased to announce the closing of the first tranche of a non-brokered private placement through the issuance of 11,584,615 shares to Michael Gentile, CFA, at a subscription price of $0.065 per share for aggregate gross proceeds to the Company of $753,000. This strategic investment in Group Eleven by Mr. Gentile increases his ownership in the Company to 19.90% on a partially diluted basis [...]
Group Eleven Resources Corp. is pleased to announce a non-brokered private placement of up to 23,077,000 shares at a price of $0.065 per share for gross proceeds of up to $1,500,005. All currency is denominated in Canadian dollars. Proceeds from the Offering will be used to fund further exploration on the Company's projects in Ireland, including drilling at the Company's zinc-lead zone near Carrickittle in Ireland, as [...]
Group Eleven Resources Corp. is pleased to announce results from Phase 1 follow-up drilling at the Carrickittle zinc prospect at the Company's 100%-interest PG West project in the Republic of Ireland. Highlights: Top three zinc-lead intersections from follow-up drilling at Carrickittle are as follows: 7.20 metres of 23.9% zinc, 6.6% lead , 108 g/t silver and 0.12% copper, including 5.20 metres of 32.2% zinc, 8.7% lead [...]
Group Eleven Resources Corp. is pleased to announce results from regional drilling at the Company's 100%-interest PG West zinc project in the Republic of Ireland. The Company also notes that drilling at the Carrickittle prospect at PG West is proceeding on schedule and results are expected over the coming weeks. Highlights: Five holes were completed on early-stage regional targets at PG West, with the last holes finished [...]