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Group Eleven Resources Corp

TSXV:ZNGLive AI agent

Group Eleven Resources Corp.

Investor website: https://groupelevenresources.com/

About

Group Eleven Resources Corp. was formed in 2015 to target exploration opportunities in the Irish zinc district. The company has established itself as one of the largest license holders in Ireland, acquiring significant interests in key projects such as Ballinalack and Stonepark. It completed an IPO on the TSX Venture Exchange in December 2017 and began trading on the OTC Venture Market in June 2018. The company announced a zinc discovery at its Ballywire prospect in September 2022.

Verified company data

Cash position
$8.4 M
Shares outstanding
281.9 mln
Fully diluted shares
294.3 mln
Mineral resource
The Ballinalack Project hosts a MRE (Mineral Resource Estimate) totalling 5.4 million tonnes grading 8.7% Zn+Pb combined (7.6% zinc and 1.1% lead) and 9.0 g/t silver. The resource estimate was prepared by CSA Global (UK) Ltd. (“CSA Global”) under contract to SLR Environmental Consulting (Ireland) Ltd. (“SLR”; dated January 11, 2019) and was based upon Group Eleven’s 2018 drill program, as well as, historic drilling from the 1970s onwards.
Projects
["The Stonepark Project is located in southwestern Ireland and represents a joint venture between Group Eleven (78.62% interest; estimated as at Aug-2026) and Arkle Resources plc (21.38% interest). The Stonepark Project is contiguous to the Company’s PG West Project. To the east, the project is contiguous with Glencore’s Pallas Green Project, which hosts one of the largest undeveloped zinc deposits in the world, totalling 45.4 million tonnes grading 8.4% Zn+Pb (Inferred Category; Glencore’s Reserve and Resource Report dated December 31, 2025). The most advanced asset at the project is the Stonepark deposit which hosts 5.1 million tonnes grading 11.3% Zn+Pb (Inferred Category; see report on Stonepark by SLR Consulting dated April 17, 2018). The deposit remains open to expansion and is 1-3 kilometres away from Glencore’s Pallas Green zinc deposit. Future exploration will also focus on the Carrickittle West prospect, located on the southern margin of the project.","The PG West Project (including the Tullacondra Project to the south) is located in southwest Ireland and is 100% owned by the Company. The project hosts the Ballywire discovery and is contiguous with the Company’s Stonepark Project. Glencore’s Pallas Green Project (blue outline; hosting the Pallas Green zinc-lead deposit) is adjacent to the PG West Project.","The Ballinalack Project is a joint venture between Group Eleven (60% interest) and Shenzhen Zhongjin Lingnan Nonfemet Company Limited (“Nonfemet,” 40% interest), one of the largest zinc producers in China. The project hosts the Ballinalack zinc-lead deposit and is located in north-central Ireland, approximately 50km west from the currently producing Tara (Navan) zinc-lead mine (owned by Boliden AB)."]
Leadership
Bart Jaworski (Chief Executive Officer and Director, Mr. Jaworski has over 25 years’ experience in the mining industry, starting as an exploration geologist and later serving as a mining analyst. He has a Bachelor of Science (Hons) degree in Geology from the University of British Columbia.), Jasmine Lau (Chief Financial Officer, Jasmine is a Chartered Professional Accountant with over 16 years' experience in the resource sector, having served as CFO for several mineral exploration companies.), David Furlong P.Geo (Chief Operating Officer, Mr. Furlong has over 22 years of industry experience as a geologist and has expertise in mineral exploration programs. He holds a Bachelors of Science (Hons) in Exploration and Mining Geology from the University of Wales.), Dr. Mark Holdstock (Project Manager, Dr. Holdstock is a Professional Geologist with over 30 years of exploration experience and has led significant discoveries in Ireland. He has published academic papers on carbonate-hosted zinc deposits.), Sheryl Dhillon (Corporate Secretary, Ms. Dhillon has over ten years of experience as a corporate secretary with extensive knowledge of corporate governance.)

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