Welcome to our dedicated page for Group Eleven Res news (Ticker: GRLVF), a resource for investors and traders seeking the latest updates and insights on Group Eleven Res stock.
Group Eleven Resources Corp (GRLVF) delivers focused mineral exploration through its advanced zinc-lead-silver projects in Ireland. This news hub provides investors and industry observers with timely updates on drilling campaigns, corporate developments, and technical insights from the Ballywire discovery zone.
Access authoritative reports on resource expansion efforts, including systematic multi-rig drilling programs targeting Irish-type zinc deposits. Our curated news collection features verified press releases about mineralization findings, operational milestones, and strategic partnerships.
Key updates cover exploration progress across three critical areas: drilling results from massive sulphide targets, geological interpretations of mineralized trends, and quality-controlled assay data meeting industry standards. Regular updates ensure stakeholders stay informed about this advanced-stage exploration initiative.
Bookmark this page for direct access to primary source materials from Group Eleven Resources. Check back frequently for new developments in Ireland's evolving zinc exploration landscape.
Group Eleven Resources (TSXV: ZNG) (OTC: GRLVF) has announced the appointment of Franz Bollmann to its Board of Directors, effective March 31, 2025. Bollmann, nominated by Glencore Canada which owns 16.1% of the company, replaces Gatlin Smeijers who stepped down to pursue another opportunity.
Bollmann currently serves as Finance Manager at Glencore Zinc and as a Director of Glencore Servicios Corporativos Spain. He joined Glencore in 2014, working in finance, commercial, and business development roles in the Latam region, and previously served as a director of Volcan Compañia Minera. Before Glencore, he worked in sales and trading at Raymond James in the United States. Bollmann holds a Finance degree with a Mathematics minor from the University of Arkansas.
Group Eleven Resources (TSXV: ZNG, OTC: GRLVF) has announced significant drill results from its Ballywire zinc-lead-silver discovery in Ireland. Key highlights include intersection G11-3552-29 yielding 130.7m of 2.3% Zn+Pb and 13 g/t Ag, including an impressive 7.5m of 20.1% Zn+Pb and 51 g/t Ag.
The drilling has expanded the footprint of a 360m long, flat-lying zone of zinc-rich massive sulphide lenses by at least 50m down-dip, reaching a total of at least 125m. Notable copper-silver values were also encountered, with grades up to 2.01% Cu and 511 g/t Ag in hole G11-3552-27.
The company plans to continue exploration with two key initiatives: testing a Cu-Ag target below the Zn-Pb-Ag discovery horizon, and investigating a step-out target 1.3km ENE of the Ballywire discovery near the 'D' gravity-high anomaly. Six drill holes are currently in progress across the 2.6km long trend of mineralized intercepts.
Group Eleven Resources (TSXV: ZNG, OTC: GRLVF) announced significant drilling results from its Ballywire zinc-lead-silver discovery in Ireland. The latest two holes revealed impressive intersections, with hole G11-3552-27 showing 24.8m of 8.1% Zn+Pb, including 15.6m of 11.6% Zn+Pb with 122 g/t Ag and 0.19% Cu. The results confirm a flat-lying zone of zinc-rich massive sulphide lenses extending at least 360m along strike, remaining open to the NE.
The drilling program continues with two rigs testing further down-dip and the NE extension. The company identified three key targets for 2025: exploring a deeper Cu-Ag horizon, drilling along the 6km prospective trend, and searching for parallel mineralization zones. The mineralization occurs predominantly as massive and semi-massive sulphide near the base of the Waulsortian Limestone.
Group Eleven Resources has announced new germanium assays from drilling at its 100%-owned Ballywire zinc-lead-silver discovery in Ireland. Key highlights include high germanium grades of 71.7 g/t, 41.2 g/t, and 27.8 g/t from five holes, extending the mineralized strike length to 1.25km from 890m previously.
The company drilled over 8,100m at Ballywire in 2024, compared to 4,800m in 2023 and 1,950m in 2022. Total drilling at Ballywire reached 16,100m by end of 2024, with six holes totaling 1,520m pending results. Drilling resumed on January 6th with two rigs.
Germanium, currently trading at approximately US$75/oz, is 2.5 times more valuable than silver and is important for AI semiconductors. The company's ownership in the Stonepark project is expected to increase from 76.56% to 77.64% after Arkle Resources declined to finance their pro-rata share of program costs.
Group Eleven Resources Corp. (TSXV: ZNG) (OTC Pink: GRLVF) has announced its participation in the 50th Annual New Orleans Investment Conference on November 23rd at the Hilton New Orleans Riverside. CEO Bart Jaworski will deliver an investor presentation and conduct one-on-one meetings with investors. The conference brings together leading analysts and investors, covering major asset classes including the zinc market.
Group Eleven Resources has announced significant drilling results from its Ballywire zinc-lead-silver discovery in Ireland. The highlight includes hole G11-3552-19 intersecting 8.7m of 23.9% Zn+Pb and 85 g/t Ag, representing the best hole drilled to date. The company's latest five step-out holes have expanded the zinc-rich massive sulphide zone to at least 360m along strike. The mineralization occurs near the base of the Waulsortian Limestone, with two distinct styles identified: flat-lying zinc-rich massive sulphide lenses and other variably dipping massive sulphides. A two-rig drilling program continues at Ballywire, with the zone remaining open and appearing to strengthen to the northeast.
Group Eleven Resources has appointed Michael Gentile as a non-executive director to its board. Gentile, a prominent strategic investor in junior mining, holds significant stakes in over 20 small-cap mining companies and is the second-largest shareholder of Group Eleven with over 16% ownership. He co-founded Bastion Asset Management in 2022, which manages over $425 million in assets. The company has granted Gentile 150,000 stock options at $0.19 per share, alongside 1,785,000 options to other officers, employees, and directors. Additionally, three non-executive directors received 100,000 deferred share units each at $0.20 per unit.
Group Eleven Resources has received an additional $749,438 from warrant exercises, bringing total proceeds to $1,550,000 in 2024. These funds will support the continuation of the company's two-rig drill campaign at the Ballywire zinc-lead-silver discovery in Ireland beyond 2024. The drilling program has completed 6,589m to date, with a projected total of 7,500-8,000m for the year. The company plans to maintain or increase drilling pace at Ballywire in 2025, focusing on expanding beyond the current 2.6km drilled corridor along a 6km prospective trend.
Group Eleven Resources Corp. (TSXV: ZNG) (OTCBB: GRLVF) has announced results from a recent step-out hole at its 100%-owned Ballywire zinc-lead-silver discovery in Ireland. The hole G11-3552-18 intersected 36.6m of 6.4% Zn+Pb and 26 g/t Ag, including 11.8m of 11.6% Zn+Pb and 48 g/t Ag.
This provides evidence of an emerging zinc-rich massive sulphide zone at the base of the Waulsortian Limestone, extending at least 360m along strike. The zone is part of a 2.6km long northeasterly trend of mineralized intercepts within a 6km long prospective trend.
The company's CEO, Bart Jaworski, stated that the recent drilling aligns the project with classic Irish-type zinc deposits. The drill program continues with two rigs, and further results are expected in the coming weeks.
Group Eleven Resources Corp. (TSXV: ZNG) (OTCBB: GRLVF) (FSE: 3GE) has appointed Gatlin Smeijers to its Board of Directors. Mr. Smeijers, nominated by Glencore Canada (which owns 17.6% of the Company), replaces Ken Klassen, who has stepped down after four years of service. CEO Bart Jaworski expressed enthusiasm about the new addition, highlighting Smeijers' experience in the mining industry and his background in both law and geological engineering.
Mr. Smeijers is a corporate and regulatory lawyer with membership in the Law Society of Ontario. He joined Glencore in 2022 after practicing law for a decade at leading Canadian firms. He holds a Juris Doctor from Queen's University and a Bachelor of Applied Science in Geological Engineering from the University of Waterloo, where he currently teaches Engineering Law and Ethics.