Group Eleven Resources Corp. reports mineral exploration developments from the Ballywire discovery at its 100%-owned PG West Project in the Republic of Ireland. Company news centers on drill assay results, step-out drilling, Waulsortian Limestone-hosted zinc-lead-silver mineralization, and deeper copper-silver targets, with releases often describing mineralized intervals, strike extensions, and follow-up exploration work.
The company is also associated with the Stonepark zinc-lead project and publishes corporate updates on equity compensation, deferred share units, investor conference participation, and other public-company matters tied to its mineral exploration portfolio.
Group Eleven Resources (GRLVF) has granted 2,710,000 incentive stock options to directors, officers and employees under its Stock Option Plan. The options vest over two years, carry a C$0.66 exercise price and expire five years from grant.
Independent directors also received 79,998 deferred share units for 2025 services and 57,453 for the first three quarters of 2026. Each unit settles into one common share or, at the board's discretion, its cash equivalent.
Group Eleven Resources (GRLVF) reported Ballywire drilling results that extend the intercepted higher-grade mineralization by 270m at its Irish project. Hole 26-2654-04 intersected 24.15m grading 2.78% combined zinc and lead, including 6.27m at 7.89% and 13.8 grams of silver per tonne. Hole 26-468-26 returned 31.10m at 3.73% combined zinc and lead, including 7.37m at 10.09% and 36.5 grams of silver per tonne.
The higher-grade strike length is now approximately 1.87km, versus 1.60km previously; total intersected mineralization spans 3.2km. Hole 26-3552-61 also returned 7.74m at 28.8 grams of silver per tonne and 0.79% copper. Four rigs are drilling Ballywire under a fully funded, approximately 67,000m program, scheduled through late 2027 or early 2028. Separately, Group Eleven issued 38,393 common shares at $0.84 each to settle outstanding fees owed to a former director.
Group Eleven Resources (GRLVF) will participate in the inaugural Gentile Mining Investor Forum, a full-day investor conference in London on Monday, October 19, 2026, at 116 Pall Mall in Mayfair.
The event, created by strategic junior mining investor Michael Gentile in partnership with Amvest Capital, will host up to 150 investors, family offices, wealth managers, and sector-focused high-net-worth individuals. Attendees will engage in structured one-on-one meetings and issuer showcases alongside over 20 companies from Gentile’s portfolio, including Group Eleven.
The program features a keynote breakfast with Michael Gentile, TSX and TSX Venture Exchange issuer showcases, an executive lunch and speaker panel, and an all-day investor lounge and networking reception. Investor attendance is free, subject to review and limited capacity, with registration available at gentileminingroadshow.com.
Group Eleven Resources (GRLVF) reported significantly higher and more accurate germanium grades at its Ballywire discovery in Ireland after adopting a new assay method.
Using sodium peroxide fusion instead of lithium borate fusion, 220 previously assayed core samples from five drill holes now show germanium grades that are on average 68% higher than earlier results, with individual increases up to 334%. New assays returned intervals such as 29.9m grading 15.3% Zn+Pb, 552 g/t Ag, 0.67% Cu and 16 g/t Ge, including 8.4m at 18.2% Zn+Pb, 1,776 g/t Ag, 2.21% Cu and 25 g/t Ge, and peak germanium values up to about 95 g/t. Germanium is described as a semiconductor metal trading at about US$200/oz outside China.
At Ballywire, four drill rigs are active, with about 15 new holes completed or in progress and 110 additional samples undergoing re-analysis. A C$12 million financing completed in March 2026 fully funds a drilling program of approximately 67,000m, including about 51,500m at PG West.
Group Eleven Resources (GRLVF) agreed to settle C$32,250 in outstanding director fees owed to former director Alessandro Bitelli through the issuance of 38,393 common shares at C$0.84 per share.
The fees were accrued in 2025 and 2026 and became payable upon his retirement at the last annual general meeting. The company states that using shares instead of cash helps preserve cash resources for ongoing and planned operations. Completion of the debt settlement is subject to TSX Venture Exchange approval, and the issued shares will carry a four-month hold period under Canadian securities laws.
Group Eleven Resources (OTCQB: GRLVF) reported new assay results from four holes at its 100%-owned Ballywire Zn-Pb-Ag-Cu discovery at the PG West Project in Ireland. Hole 26-3552-56 at the NE end intersected 17.6m grading 4.1% Zn+Pb, 111 g/t Ag and 0.27% Cu, including 3.7m of 7.7% Zn+Pb, 418 g/t Ag and 1.02% Cu within Waulsortian Limestone.
Deeper Cu-Ag mineralization was expanded by step-outs: hole 26-468-24, 710m from the nearest similar test, cut 3.6m of 345 g/t Ag and 0.75% Cu, including 0.6m of 2,120 g/t Ag and 4.50% Cu. Hole 26-3552-60 returned intervals up to 0.19m of 1,355 g/t Ag and 11.00% Cu and a broader 15.4m of 39 g/t Ag and 0.82% Cu. First drilling at gravity-high ‘Anomaly A’ (26-468-25), 2km SW, encountered multiple intervals with base- and precious-metal minerals, indicating a mineralizing system further SW. Four rigs are active, with 13 additional holes in progress and a March $12m financing supporting an increase in funded drilling to approximately 67,000–75,000m.
Group Eleven Resources (OTCQB: GRLVF) reported that all resolutions were approved at its annual general meeting held on August 11, 2026 in Vancouver. A total of 110,143,141 common shares were represented, equal to 39.008% of the votes attached to outstanding shares as of the record date.
All director nominees in the circular were elected, with support levels generally above 94% of votes cast. Davidson & Company was re-appointed as auditor with 109,856,469 votes for (99.740%) and 286,672 withheld (0.260%). The stock option plan was also approved, receiving 90,571,093 votes for (99.545%) and 414,076 against (0.455%).
Following the AGM, the board re-appointed Bart Jaworski (CEO), Jasmine Lau (CFO), David Furlong (COO), Daniel MacInnis (independent chair) and Sheryl Dhillon (corporate secretary). Alessandro Bitelli did not stand for re-election. The company granted 150,000 stock options to new director Barry O'Shea, vesting over two years at an exercise price of $0.84 per share, subject to regulatory approval.
Group Eleven Resources (OTCQB: GRLVF) reported a new zone of zinc-lead mineralization at its 78.62%-interest Stonepark Project in Ireland, 550m from the closest edge of the Stonepark Mineral Resource Estimate. Step-out hole 26-2638-07 intersected 14.7m grading 2.0% Zn+Pb from 461m downhole, including 2.8m of 8.3% Zn+Pb and 1.0m of 21.7% Zn+Pb with 4 g/t Ag. A second zone returned 16.1m of 0.4% Zn from 507m, including 1.0m of 2.5% Zn+Pb. The mineralization occurs in the lower Waulsortian Limestone with massive to semi-massive sulphides. The hole was extended to 894m to test for deeper Cu-Ag mineralization, with assays pending. Two further holes are planned to complete the current 2,700m Stonepark drill campaign, while four rigs continue drilling at the nearby Ballywire discovery.
Group Eleven Resources (OTCQB: GRLVF) reported new drill assays from the Ballywire discovery at its 100%-owned PG West Project in Ireland.
Key intercepts include 45.0m of 6.0% Zn+Pb and 28 g/t Ag, plus high-grade Cu-Ag zones and an extended Deeper Cu-Ag strike to about 700m.
Group Eleven (OTCQB: GRLVF) announced that Canadian CPA Barry O'Shea will stand for election to its Board of Directors at the AGM on August 11, 2026, replacing retiring director Alessandro Bitelli.
O'Shea currently leads Highland Copper and previously held senior finance roles at Fiore Gold and New Gold.