Group Eleven Drills 6.9m of 18.3% Zn+Pb and 86 g/t Ag in 50m Step-Out, plus 4.7m of 67 g/t Ag and 0.88% Cu in 275m Step-Out Testing Deeper Cu-Ag Mineralization
Rhea-AI Summary
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.
Positive
- Hole 26-3552-60: 45.0m of 6.0% Zn+Pb and 28 g/t Ag from 346m
- Hole 26-3552-60: 6.9m of 18.3% Zn+Pb and 86 g/t Ag, incl. 2.4m of 40.9% Zn+Pb and 185 g/t Ag
- Hole 26-3552-54: 4.7m of 67 g/t Ag, 0.88% Cu and 0.10% Sb within Deeper Cu-Ag target
- Hole 26-468-23: 21.2m of 6.4% Zn+Pb and 50 g/t Ag, including 6.3m of 10.9% Zn+Pb and 121.7 g/t Ag
- Deeper Cu-Ag mineralization strike length increased from 430m to approximately 700m
- $12m March 2026 financing funds expanded drill program of approximately 67,000–75,000m
- Four rigs active at Ballywire plus one rig at adjacent 77.64%-interest Stonepark Project
Negative
- Hole 26-3552-55 at gravity-high anomaly D returned only weaker mineralization
- Assays from the Deeper Cu-Ag target in hole 26-3552-60 are still pending
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Vancouver, British Columbia--(Newsfile Corp. - July 7, 2026) - Group Eleven Resources Corp. (TSXV: ZNG) (OTCQB: GRLVF) (FSE: 3GE) ("Group Eleven" or the "Company") is pleased to announce assay results from four new holes at its Ballywire discovery ("Ballywire") at the
Highlights:
- 26-3552-60 - Drilled 50m downdip of 26-3552-57 (which intersected 11.8m of
13.4% Zn+Pb and 45 g/t Ag; announced 28-May-2026), intersected:- 45.0m of
6.0% Zn+Pb (3.7% Zn and2.3% Pb) and 28 g/t Ag (from 346m downhole), incl.- 1.9m of
11.5% Zn+Pb (3.4% Zn and8.1% Pb) and 43 g/t Ag, and - 3.8m of
9.5% Zn+Pb (1.7% Zn and7.9% Pb) and 34 g/t Ag, and - 3.1m of
7.6% Zn+Pb (4.8% Zn and2.8% Pb) and 41 g/t Ag and - 6.9m of
18.3% Zn+Pb (13.9% Zn and4.4% Pb) and 86 g/t Ag, incl.- 2.4m of
40.9% Zn+Pb (30.0% Zn and10.9% Pb) and 185 g/t Ag
- 2.4m of
- 1.9m of
- Assays from the Deeper Cu-Ag target are pending
- 45.0m of
- 26-3552-54 - Testing Deeper Cu-Ag target at NE extension of the Ballywire discovery, representing a 275m step-out from nearest such test, intersected several Cu-Ag zones, including:
- 4.7m of 67 g/t Ag,
0.88% Cu and0.10% Sb, incl.- 2.6m of 95 g/t Ag,
1.35% Cu and0.16% Sb, incl.- 0.8m (76cm) of 254 g/t Ag,
3.41% Cu and0.46% Sb
- 0.8m (76cm) of 254 g/t Ag,
- 2.6m of 95 g/t Ag,
- 4.7m of 67 g/t Ag,
- 26-468-23 - Drilled at SW extension of discovery, 375m away from nearest drill fence:
- 21.2m of
6.4% Zn+Pb (2.7% Zn and3.7% Pb), 50 g/t Ag, incl.- 2.8m of
7.7% Zn+Pb (6.2% Zn and1.5% Pb), 34 g/t Ag and - 6.3m of
10.9% Zn+Pb (2.9% Zn and8.1% Pb), 122 g/t Ag,0.12% Cu, incl.- 2.6m of
14.2% Zn+Pb (1.9% Zn and12.3% Pb), 195 g/t Ag,0.22% Cu
- 2.6m of
- 2.8m of
- 21.2m of
- 26-3552-55 - Representing first hole drilled at gravity-high anomaly 'D', and implying a step-out distance of 265m from nearest drilling, returned numerous zones of weaker mineralization prospective for nearby massive sulphide mineralization; follow up drilling expected shortly
- Four rigs continue to be active at Ballywire with an additional rig active at the adjacent
77.64% -interest Stonepark Project
"Today's results represent (a) further confirmation of Deeper Cu-Ag mineralization along a new, 275m step-out drill fence at Ballywire, (b) our most significant Zn-Pb-Ag intercept by far along the south-westerly extension of the discovery, and (c) additional impressive Zn-Pb-Ag massive sulphide hosted mineralization on a 50m step-out increasingly showing potential for a parallel trend," stated Bart Jaworski, CEO. "The strike length of pierced Deeper Cu-Ag mineralization increases today from 430m to approx. 700m, growing our conviction that Deeper Cu-Ag mineralization may extend across the entire Ballywire Zn-Pb-Ag discovery, currently known to span 3.2km along a prospective trend of 6km. With a robust treasury and our most ambitious drill campaign to date — bolstered by our
Exhibit 1. Cross-Section A-A' Showing Today's Results from 26-3552-60 at Ballywire
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/304217_c23ff30a34dcca04_002full.jpg
Note: True thickness of mineralization as a percentage of the down-hole interval, is estimated to be 90
Exhibit 2. Plan Map of Main Ballywire Discovery Corridor, Showing New Assays
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/304217_c23ff30a34dcca04_003full.jpg
Note: Red question marks illustrate potential for a SW-trending parallel zone of mineralization
Exhibit 3. Cross-Section B-B' Showing Today's Results from 26-3552-54 at Ballywire
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/304217_c23ff30a34dcca04_004full.jpg
Note: True thickness of mineralization as a percentage of the down-hole interval, is estimated to be 90
Exhibit 4. Cross-Section C-C' Showing Today's Results from 26-468-23 at Ballywire
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/304217_c23ff30a34dcca04_005full.jpg
Note: True thickness of mineralization as a percentage of the down-hole interval, is estimated to be 90
Exhibit 5. Summary of Today's New Assays from 26-3552-60 at Ballywire
| Item | From (m) | To (m) | Int (m) | Zn (%) | Pb (%) | Zn+Pb (%) | Ag (g/t) |
| 26-3552-60 | 346.29 | 391.30 | 45.01 | 3.70 | 2.34 | 6.04 | 28.0 |
| Incl. | 354.59 | 390.00 | 35.41 | 4.42 | 2.93 | 7.34 | 33.9 |
| Incl. | 354.59 | 375.74 | 21.15 | 2.84 | 3.20 | 6.04 | 25.9 |
| Incl. | 360.04 | 372.50 | 12.46 | 2.64 | 4.62 | 7.27 | 30.6 |
| Incl. | 360.04 | 361.97 | 1.93 | 3.36 | 8.10 | 11.46 | 42.5 |
| And | 364.74 | 368.50 | 3.76 | 1.67 | 7.85 | 9.52 | 34.1 |
| And | 369.42 | 372.50 | 3.08 | 4.81 | 2.81 | 7.62 | 41.2 |
| And | 383.15 | 390.00 | 6.85 | 13.88 | 4.40 | 18.28 | 85.9 |
| Incl. | 387.57 | 390.00 | 2.43 | 30.01 | 10.87 | 40.88 | 185.3 |
| And | 392.27 | 394.15 | 1.88 | 0.02 | 2.10 | 2.12 | 22.2 |
Note: True thickness of mineralization as a percentage of the down-hole interval, is estimated to be 90
Exhibit 6. Summary of Today's New Assays from 26-3552-54 at Ballywire
| Item | From (m) | To (m) | Int (m) | Zn (%) | Pb (%) | Zn+Pb (%) | Ag (g/t) | Cu (%) | Sb (%) |
| 26-3552-54 | 308.41 | 324.68 | 16.27 | 0.45 | 0.26 | 0.71 | 3.7 | 0.01 | - |
| Incl. | 308.41 | 315.10 | 6.69 | 0.96 | 0.35 | 1.31 | 3.4 | 0.01 | - |
| And | 463.76 | 474.03 | 10.27 | 0.01 | 0.01 | 0.02 | 9.5 | 0.17 | 0.01 |
| Incl. | 463.76 | 466.51 | 2.75 | 0.01 | 0.01 | 0.02 | 10.6 | 0.24 | 0.01 |
| Incl. | 464.71 | 465.61 | 0.90 | 0.02 | - | 0.02 | 18.0 | 0.51 | 0.02 |
| And | 496.25 | 502.86 | 6.61 | 0.04 | 0.01 | 0.05 | 48.9 | 0.65 | 0.07 |
| Incl. | 497.15 | 501.80 | 4.65 | 0.06 | 0.01 | 0.06 | 66.9 | 0.88 | 0.10 |
| Incl. | 497.15 | 499.70 | 2.55 | 0.09 | 0.01 | 0.10 | 95.4 | 1.35 | 0.16 |
| Incl. | 498.94 | 499.70 | 0.76 | 0.25 | 0.01 | 0.26 | 254.0 | 3.41 | 0.46 |
| And | 504.72 | 508.02 | 3.30 | 0.01 | 0.01 | 0.02 | 11.1 | 0.12 | 0.01 |
| And | 525.53 | 527.43 | 1.90 | 0.02 | - | 0.02 | 15.4 | 0.24 | 0.05 |
| And | 542.36 | 566.64 | 24.28 | 0.01 | - | 0.01 | 5.0 | 0.16 | 0.02 |
| Incl. | 542.36 | 545.55 | 3.19 | 0.03 | - | 0.03 | 8.6 | 0.31 | 0.06 |
| And | 548.01 | 550.84 | 2.83 | 0.03 | - | 0.03 | 8.7 | 0.29 | 0.04 |
| And | 552.73 | 555.42 | 2.69 | 0.01 | - | 0.01 | 10.7 | 0.17 | 0.03 |
| And | 557.24 | 559.27 | 2.03 | 0.03 | 0.01 | 0.04 | 10.9 | 0.34 | 0.06 |
Note: True thickness of mineralization as a percentage of the down-hole interval, is estimated to be 90
Exhibit 7. Summary of Today's New Assays from 26-468-23 at Ballywire
| Item | From (m) | To (m) | Int (m) | Zn (%) | Pb (%) | Zn+Pb (%) | Ag (g/t) | Cu (%) |
| 26-468-23 | 64.59 | 65.21 | 0.62 | 0.53 | 6.93 | 7.46 | 78.2 | - |
| And | 349.02 | 370.26 | 21.24 | 2.72 | 3.69 | 6.42 | 49.7 | 0.04 |
| Incl. | 349.02 | 351.78 | 2.76 | 6.22 | 1.52 | 7.75 | 34.3 | 0.01 |
| Incl. | 349.66 | 350.36 | 0.70 | 14.65 | 2.11 | 16.76 | 83.5 | 0.02 |
| And | 357.26 | 359.96 | 2.70 | 3.90 | 3.62 | 7.52 | 28.5 | 0.02 |
| And | 361.53 | 367.83 | 6.30 | 2.86 | 8.07 | 10.93 | 121.7 | 0.12 |
| Incl. | 365.25 | 367.83 | 2.58 | 1.92 | 12.28 | 14.20 | 195.3 | 0.22 |
| Incl. | 365.25 | 366.13 | 0.88 | 2.99 | 15.45 | 18.44 | 389.0 | 0.53 |
Note: True thickness of mineralization as a percentage of the down-hole interval, is estimated to be 90
Ballywire Drill Update
The Ballywire prospect at the Company's
In addition to the summary above, mineralization intersected by 26-3552-55 included a narrow (25cm) carbonate-barite vein with moderate sphalerite (grading
Exhibit 8. Regional Gravity Map Showing 6km Long Prospective Trend at Ballywire
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5685/304217_c23ff30a34dcca04_006full.jpg
Note: Of the four gravity-high anomalies above, only the 'C' anomaly has been systematically drilled to date
Mineralization reported today consists predominantly of sphalerite, galena and pyrite, with Cu-Ag bearing zones containing chalcopyrite and suspected tennantite-tetrahedrite. Four rigs continue to be actively drilling at Ballywire. Currently, thirteen (13) new holes are completed (and in the process of being logged, sampled and assayed) or in the process of being drilled. These are shown in Exhibits 1 to 4.
Potential for a parallel trend (as illustrated by red question marks in Exhibit 2), began to emerge earlier this year with several recently announced holes, as further exemplified by today's results from 26-3552-60.
Exhibit 9. Regional Map of Ballywire Discovery and Surrounding Prospects
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Notes to Exhibit 9: (a) Pallas Green MRE is owned by Glencore (see Glencore's Resources and Reserves Report dated December 31, 2025); (b) Stonepark MRE: see the 'NI 43-101 Independent Report on the Zinc-Lead Exploration Project at Stonepark, County Limerick, Ireland', by Gordon, Kelly and van Lente, with an effective date of April 26, 2018, as found on SEDAR+; and (c) the historic estimate at Denison was reported by Westland Exploration Limited in 'Report on Prospecting Licence 464' by Dermot Hughes dated May, 1988; the historic estimate at Gortdrum was reported in 'The Geology and Genesis of the Gortdrum Cu-Ag-Hg Orebody' by G.M. Steed dated 1986; and the historic estimate at Tullacondra was first reported by Munster Base Metals Ltd in 'Report on Mallow Property' by David Wilbur, dated December 1973; and later summarized in 'Cu-Ag Mineralization at Tullacondra, Mallow, Co. Cork' by Wilbur and Carter in 1986; the above three historic estimates have not been verified as current mineral resources; none of the key assumptions, parameters and methods used to prepare the historic estimates were reported and no resource categories were used; significant data compilation, re-drilling and data verification may be required by a Qualified Person before the historic estimates can be verified and upgraded to be compliant with current NI 43-101 standards; a Qualified Person has not done sufficient work to classify them as a current mineral resource and the Company is not treating the historic estimates as current mineral resources. 'Rathdowney Trend' is the south-westerly projection of the Rathdowney Trend, hosting the historic Lisheen and Galmoy mines.
Qualified Person
Technical information in this news release has been approved by Professor Garth Earls, Eur Geol, P.Geo, FSEG, geological consultant at IGS (International Geoscience Services) Limited, and independent 'Qualified Person' as defined under Canadian National Instrument 43-101.
Sampling and Analytical Procedures
All core drilled at Ballywire is NQ (47.6mm) and is cut using a rock saw. Sample intervals vary between 0.08m (talc sample) to 3.51m with an average (over 511 samples) of 1.07m. The half-core samples are bagged, labelled and sealed at Group Eleven's core store facility in Limerick, Ireland. Selected sample bags are examined by the Qualified Person. Transport is via an accredited courier service and/or by Group Eleven staff to ALS Laboratories in Loughrea Co. Galway, Ireland. Sample preparation at the ALS facility comprises fine crushing
Quality Assurance/Quality Control (QA/QC) Information
Group Eleven inserts certified reference materials ("CRMs" or "Standards") as well as blank material, to its sample stream as part of its industry-standard QA/QC programme. The QC results have been reviewed by the Qualified Person, who is satisfied that all the results are within acceptable parameters. The Qualified Person has validated the sampling and chain of custody protocols used by Group Eleven. Drill data (dip, azimuth and depth) for today's release will be posted on Group Eleven's website in due course.
About Group Eleven Resources
Group Eleven Resources Corp. (TSXV: ZNG) (OTCQB: GRLVF) and (FSE: 3GE) is drilling the most significant mineral discovery in the Republic of Ireland in over a decade. The Company announced the Ballywire discovery in September 2022, demonstrating high grades of zinc, lead, silver, copper, germanium and locally, antimony. Key intercepts to date include:
- 10.8m of
10.0% Zn+Pb and 109 g/t Ag (G11-468-03) - 10.5m of
14.7% Zn+Pb, 399 g/t Ag and0.31% Cu (G11-468-12) - 29.6m of
10.6% Zn+Pb, 78 g/t Ag and0.15% Cu (G11-3552-12) and - 11.8m of
11.6% Zn+Pb, 48 g/t Ag (G11-3552-18) - 15.6m of
11.6% Zn+Pb, 122 g/t Ag and0.19% Cu (G11-3552-27) - 12.0m of 560 g/t Ag,
2.30% Cu and0.17% Sb (25-3552-31), including - 6.4m of 838 g/t Ag,
3.72% Cu and0.27% Sb (25-3552-31) - 39.7m of
9.5% Zn+Pb, 131 g/t Ag and0.27% Cu (25-3552-35) - 25.6m of
9.2% Zn+Pb, 28 g/t Ag (25-3552-39) - 52.3m of
10.3% Zn+Pb, 330 g/t Ag and0.40% Cu (25-3552-51), including - 8.4m of
18.2% Zn+Pb, 1776 g/t Ag,2.21% Cu and0.18% Sb (25-3552-51) - 23.5m of
12.3% Zn+Pb and 46 g/t Ag (25-3552-53) - 2.8m of 110 g/t Ag,
5.09% Cu,0.44% Sb (26-3552-57)
Ballywire is located 20km from Company's
ON BEHALF OF THE BOARD OF DIRECTORS
Bart Jaworski, P.Geo.
Chief Executive Officer
E: b.jaworski@groupelevenresources.com | T: +353-85-833-2463
E: j.lau@groupelevenresources.com | T: 604-781-4915
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Information
Technical and scientific information disclosed from neighbouring properties does not necessarily apply to the current project or property being disclosed. This press release contains forward-looking statements within the meaning of applicable securities legislation. Such statements include, without limitation, statements regarding the future results of operations, performance and achievements of the Company, including the timing, content, cost and results of proposed work programs, the discovery and delineation of mineral deposits/resources/ reserves and geological interpretations. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located. All of the Company's public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.
1 Stonepark MRE is 5.1 million tonnes of
2 Pallas Green MRE is 45.4 million tonnes of
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