Group Eleven Res Stock Price, News & Analysis

Group Eleven Resources (OTCQB:GRLVF) has announced exceptional drill results from its Ballywire discovery at the 100%-owned PG West Project in Ireland. The latest step-out drill hole intersected 53.9m of 7.9% Zn+Pb, including 39.7m of 9.5% Zn+Pb with 131 g/t Ag and 0.27% Cu. This represents the company's thickest intercept to date, surpassing previous results.

The results extend the Ballywire discovery corridor from 1,250m to 1,300m within a larger 2.6km mineralized trend. The company is currently operating three drilling rigs and has completed over 4,000m of drilling year-to-date, with plans to complete 8,000-10,000m in 2025. With a strengthened cash position of C$4.3 million, Group Eleven is fully funded to continue its exploration program.

Group Eleven Resources announced $2.2M in early warrant and option exercises, boosting cash position to C$4.3M. The company provided updates on drilling at Carrickittle West prospect in Ireland, spanning the 77.64%-owned Stonepark Project and 100%-owned PG West Project. Key findings include the Kilteely Prospect, a large breccia body with 1.5km strike length. Drilling revealed zones of weak breccia with pyrite, anomalous Zn-Pb and Cu levels, and trace sphalerite. At the Bruff Prospect, drilling intersected extensively dolomitized Waulsortian Limestone and a 35m calcite zone. The company continues drilling with three rigs at the Ballywire discovery, with nine new holes completed and pending analysis. The strengthened financial position allows flexibility to either increase 2025 drilling or extend operations into 2026.

Group Eleven Resources Corp. (TSXV: ZNG) (OTCQB: GRLVF) has appointed Jasmine Lau, CPA, as its new Chief Financial Officer, effective May 30, 2025. Lau brings over 16 years of experience in the resource sector and currently serves as CFO for multiple mineral exploration companies including Minaurum Gold Inc, Forte Minerals Corp., and Cascadia Minerals Ltd. She replaces outgoing CFO Jeannine Webb, who served the company for three years. CEO Bart Jaworski expressed confidence in Lau's appointment, citing her extensive relevant experience and skills.

Group Eleven Resources Corp. (TSXV: ZNG) (OTCQB: GRLVF) has successfully uplisted from the OTCBB to the OTCQB Venture Market, effective May 23, 2025. The company will maintain its trading symbol "GRLVF" on the OTC and "ZNG" on the TSXV market. The OTCQB marketplace offers enhanced visibility and credibility for developing companies among U.S. investors.

CEO Bart Jaworski highlighted that this move will help attract a broader investor base and support their Ballywire zinc-lead-silver and copper discovery project in Ireland. The company has also applied for DTC eligibility and will be added to the OTC Markets Blue Sky Report to increase U.S. visibility. The OTCQB Market features over 110 US broker-dealers through its SEC registered OTC Link ATS.

Group Eleven Resources (TSXV: ZNG) (OTC: GRLVF) has announced an upcoming investor webinar with Radius Research on May 9th, 2025, at 1 PM ET. CEO Bart Jaworski will provide updates on the company's Ballywire zinc-lead-silver discovery in Ireland, which was first announced in September 2022. The Ballywire site is located 20km from the company's 77.64%-owned Stonepark zinc-lead deposit, adjacent to Glencore's Pallas Green deposit.

The company, focused on advanced-stage zinc exploration in Ireland, counts Glencore Canada (16.1%) and Michael Gentile (16.0%) as its largest shareholders. The interactive webinar will be hosted by Martin Gagel, former top-ranked sell-side analyst, and will include a live Q&A session.

Group Eleven Resources (GRLVF) has announced significant drill results from its Ballywire zinc-lead-silver discovery in Ireland. The key highlight is hole 25-3552-31, which intersected high-grade copper-silver mineralization of 12.0m grading 2.30% Cu and 560 g/t Ag, including 6.4m of 3.72% Cu and 838 g/t Ag. The hole also revealed impressive zinc-lead-silver results with 47.1m of 4.5% Zn+Pb and 22 g/t Ag. Notable peak values include 10.45% Cu and 1,880 g/t Ag, representing the highest-grade silver intercept in Ireland in over 60 years. The discovery expands the footprint by 65m down-dip, with a total of 170m down-dip extension. The company has added a third drilling rig to test deeper copper-silver targets, focusing on potential mineralization in the Lower Limestone Shale horizon.

Group Eleven Resources Corp. (TSXV: ZNG) (OTC: GRLVF) announces an upcoming live investor webinar with Radius Research on May 9th, 2025. CEO Bart Jaworski will provide updates on the company's Ballywire zinc-lead-silver discovery in Ireland, which was first announced in September 2022.

The company specializes in advanced-stage zinc exploration in Ireland, with its Ballywire discovery located 20km from their 77.64%-owned Stonepark zinc-lead deposit, adjacent to Glencore's Pallas Green deposit. Notable shareholders include Glencore Canada (16.1%) and Michael Gentile (16.0%). The interactive webinar will allow real-time Q&A, with an archived version available for later viewing.

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.