
Stage of Development: Exploration
Commodity: Copper, Germanium, Lead, Silver, Zinc
Country/Region: Canada
Market Cap: USD 149M
Corporate Presentation: Go to presentation
Project Locations: Ireland
Website: Group Eleven Resources Corp.
Group Eleven is drilling the most significant mineral discovery in 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.
Management Profile:
Bart Jaworski, P.Geo., CEO, is a Canadian exploration geologist and ex-mining analyst (sell-side, Raymond James, Davy) with over 25 years of industry experience. He is the co-founder of Group Eleven and has been residing in Ireland since late 2011.
What are your key goals for the next 3 months?:
Further significant value creation with step-out drilling at Ballywire.
What are your key goals for the next 6 months?:
Further significant value creation with step-out drilling at Ballywire.
What are your key goals for the next 12 months?:
Further significant value creation with step-out drilling at Ballywire, Stonepark MRE and Carrickittle West Project.
What do you think makes your company such a compelling investment?:
We have made the most significant discovery in Ireland over the last decade. Ballywire is a relatively new (four-year old) discovery, now with a strike of 3.2km and 86 drill holes (nearly all mineralized). Over the last year, we have discovered a robust Cu-Ag mineralized system directly underneath the relatively flat-lying zinc-lead-silver. Interestingly, Ballywire also hosts elevated germanium (Ge) which is a semi-conductor metal used in AI infrastructure and fibre optics. Ballywire is only 20km away from a major yet-undeveloped zinc deposit (Glencore’s Pallas Green deposit – 45mt of 8.4% Zn+Pb). Ireland has a 60 year modern mining industry which boasts excellent infrastructure, proximity to European smelters, typically high grades and clean concentrates.