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. 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 and 0.31% Cu (G11-468-12)
• 11.2m of 8.9% Zn+Pb and 83 g/t Ag (G11-3552-03) 
• 29.6m of 10.6% Zn+Pb, 78 g/t Ag and 0.15% 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 and 0.19% Cu (G11-3552-27)
• 12.0m of 1.4% Zn+Pb, 560 g/t Ag, 2.30% Cu and 0.17% Sb (25-3552-31), including
• 6.4m of 2.1% Zn+Pb, 838 g/t Ag, 3.72% Cu and 0.27% Sb (25-3552-31)
• 39.7m of 9.5% Zn+Pb, 131 g/t Ag and 0.27% Cu (25-3552-35)

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 is your rationale for taking part in 121 Mining Investment?

To grow market awareness of Group Eleven and our recent, high-grade Ballywire discovery.

What recent news would you like to highlight to investors attending?

• May 8 '25 - Cuts 6.4m of 3.72% Cu and 838 g/t Ag at Ballywire
• July 2 '25 - Cuts 39.7m of 9.5% Zn+Pb, 131 g/t Ag and 0.27% Cu at Ballywire
• July 31 '25 - Closes C$5.75m bought deal with Cormark and Beacon

What are your key goals for the next 3, 6 and 12 months?

3 Months

• Drill Test NE Portion of the Ballywire Discovery
• Drill Test Deeper Cu-Ag target at Ballywire Discovery

6 Months

• Drill Test Further Along 6km Prospective Trend at Ballywire

12 Months

• Drill Test Further Along 6km Prospective Trend at Ballywire

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Funding and exploration risks are typically the most important for a junior exploration company. These risks are generally mitigated to the extent that we’ve made a significant discovery in Ireland and the fact we have strong shareholders – namely Michael Gentile and Glencore. We're currently cashed up with C$8.4m.

What do you think makes your company such a compelling investment?

We have made the most significant discovery in Ireland over the last decade or so. Ballywire is a relatively new (two-year old) discovery, now with a strike of 2.6km and 36 drill holes (all mineralized). Typical grades and thicknesses are 10m of 10% Zn+Pb and 50-100 g/t Ag. Interestingly, we also have elevated germanium (Ge) which is a high-tech metal using in AI and military chips. The price of Ge has doubled over the last few months on the back of a chip war between China and the US, leading to the metal being worth nearly 3x that of silver.

Ballywire is only 20km away from a major yet-undeveloped zinc deposit (Glencore’s Pallas Green deposit – 45mt of 8.4% Zn+Pb), notionally adding potential synergies and lowering the thresholds for breakeven economics in future. 

Ireland has a 60 year modern mining industry which boasts excellent infrastructure, proximity to European smelters, typically high grades and clean concentrates and a growing wind energy component – making Ireland well positioned to have some of the ‘greenest’ zinc in the world. 

What are the top 3 key investor takeaways?

• Major Discovery Underway
• Glencore and Michael Gentile as top two shareholders
• Synergies with Nearby Deposit and Infrastructure