Group Eleven Resources Corp - Mining Stock Analysis & Updates
Latest News and Market Performance for Group Eleven Resources Corp
Perm ID: 1-5056434262
http://www.groupelevenresources.com/
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Group Eleven Welcomes Franz Bollmann to the Board of Directors
Group Eleven Resources Corp. has appointed Franz Bollmann to its Board of Directors, replacing Gatlin Smeijers, who resigned. Bollmann, nominated by Glencore Canada Corporation, brings finance expertise from Glencore and has a background in mining and finance.
Group Eleven Closes $2.5m Private Placement
Group Eleven Resources Corp. announced the closure of a $2.5 million private placement, issuing 13.16 million units at $0.19 each, to fund exploration in Ireland and general working capital. The offering is pending TSX Venture Exchange approval and has specific securities restrictions.
Group Eleven Announces Upsize of Private Placement to $2,500,000 from $1,500,000
Group Eleven Resources Corp. is increasing its non-brokered private placement from 7.9 million to 13.2 million units at $0.19 each, aiming for $2.5 million to fund exploration in Ireland and working capital, pending TSX approval.
Group Eleven Announces $1,500,000 Non-Brokered Private Placement, Including Participation from Michael Gentile
Group Eleven Resources Corp. is conducting a non-brokered private placement to raise up to $1.5 million by selling units at $0.19 each. Funds will support exploration in Ireland and general working capital. The offering is subject to regulatory approvals and includes related party transactions.
Group Eleven Intersects 15.6m of 11.6% Zn+Pb, 122 g/t Ag and 0.19% Cu, incl. 3.5m of 21.3% Zn+Pb, 395 g/t Ag and 0.73% Cu at Ballywire; Silver and Copper Values Continue to Impress
Group Eleven Resources Corp. reports positive drilling results from its Ballywire zinc-lead-silver project in Ireland, confirming a significant extension of a high-grade massive sulphide zone over 360m. Drilling continues, with results anticipated soon.
Group Eleven Highlights Elevated Germanium Grades from Recent Drilling at Ballywire; Provides Drill Update
Group Eleven Resources Corp. has reported promising germanium assay results from its Ballywire zinc-lead-silver project in Ireland, showing strong Ge grades and ongoing drilling efforts. The company anticipates further assay results in 2025, highlighting increased exploration.
RETRANSMISSION: Group Eleven Intersects 8.7m of 23.9% Zn+Pb and 85 g/t Ag; Expands Zinc-Rich Massive Sulphide Zone at Ballywire
Group Eleven Resources Corp. has released the results from the latest five step-out holes of their 2024 drill program at their 100% owned Ballywire zinc-lead-silver discovery, part of the PG West Project in Ireland. The results showed significant intersections of zinc, lead, and silver in all holes. The data from these holes have extended the lateral extent of the recently announced zinc-rich sulphide zone at the base of the Waulsortian Limestone by 50-100m, with the zone now extending for at least 360m. The company continues its two-rig drill program.
Group Eleven Intersects 8.7m of 23.9% Zn+Pb and 85 g/t Ag; Expands Zinc-Rich Massive Sulphide Zone at Ballywire
Group Eleven Resources Corp. has announced the results from the latest five step-out holes of the 2024 drill program at their 100%-owned Ballywire zinc-lead-silver discovery in Ireland. The drillings show significant intersections of zinc, lead, and silver in all three holes. The results add at least 50-100m to the lateral extent of the recently announced flat-lying zone of zinc-rich massive sulphide lenses at the base of the Waulsortian Limestone, with the zone extending for at least 360m along strike and remaining open.
Group Eleven Announces Michael Gentile Joins Board of Directors of the Company
Group Eleven Resources Corp. has appointed Michael Gentile, a leading strategic investor in the junior mining sector, as a non-executive director. Gentile holds significant stakes in over 20 small-cap mining companies and is currently a director of several mining firms. He also co-founded Bastion Asset Management, a money management firm with over $425 million in assets. In the past four years, Gentile has been instrumental in helping Group Eleven grow its market audience and lower its cost of capital. His appointment is expected to bring additional capital markets capability to the company.
Group Eleven Announces Exercise of Warrants and Expanded Drill Program at Ballywire
Group Eleven Resources Corp., a mining company, has announced that it has received $749,438 from recent warrant exercises and will use these funds to expand its ongoing drill program at the Ballywire zinc-lead-silver discovery in the Republic of Ireland. The company also reported that it has received a total of $1,550,000 from the exercise of 12,916,667 warrants in 2024. The additional funds will allow the company to continue its two-rig drill campaign at full capacity beyond 2024. The company plans to maintain or increase the pace of drilling at Ballywire in 2025.
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Group Eleven Resources Corp Presentation Update - 2025-04-25 - Minimal Updates to...
Recent review of Group Eleven Resources' report shows only minor, superficial updates with no significant changes to financials, resources, or strategic outlook.
