공시 • Jan 20
Group Eleven Resources Corp. Announces the Latest Nine Drill Holes from Its Ballywire Discovery at the 100%-Owned Pg West Project
Group Eleven Resources Corp. announces the latest nine drill holes from its Ballywire discovery at the 100%-owned PG West Project, Republic of Ireland. Highlights include drill hole 25-3552-51, which is an 80m step-out southwest of the massive sulphide zone within the Ballywire discovery, intersecting 29.9m of 15.3% Zn+Pb (9.7% Zn and 5.5% Pb), 552 g/t Ag and 0.67% Cu (from 339m downhole depth), including 3.8m of 27.9% Zn+Pb (23.5% Zn and 4.4% Pb), 82 g/t Ag; 8.4m of 18.2% Zn+Pb (10.4% Zn and 7.8% Pb), 1776 g/t Ag, 2.21% Cu, 0.18% Sb, including 1.3m of 23.0% Zn+Pb (12.4% Zn and 10.6% Pb), 4260 g/t Ag and 4.58% Cu, 0.46% Sb. Drill hole 25-468-19 identifies a new significantly mineralized zone in a 400m gap between two previously drilled holes along a drill fence at the southwest portion of the Ballywire discovery, intersecting 32.3m of 3.0% Zn+Pb (2.4% Zn, 0.5% Pb), 11 g/t Ag (from 446m downhole), including 2.9m of 6.7% Zn+Pb (5.3% Zn, 1.3% Pb), 55 g/t Ag; 2.8m of 6.0% Zn+Pb (4.0% Zn, 2.0% Pb), 23 g/t Ag; 2.8m of 7.3% Zn+Pb (6.6% Zn, 0.7% Pb), 7 g/t Ag; and 2.7m of 5.2% Zn+Pb (4.4% Zn, 0.8% Pb), 10 g/t Ag. Hole 25-3552-51 shows a previously unexpected 80m extension of the massive sulphide zone towards the southwest, opening new expansion potential in this area. The interval is hosted within a bedding-parallel massive sulphide zone interpreted to be close to true width. This hole continues further down to test the Deeper Cu-Ag target below today's interval, with assays pending. Hole 25-468-19 is 295m SSE of previously intersected high-grade mineralization, adding evidence of significant mineralization south of, and potentially parallel to, the current discovery trend. Follow-up drilling here is underway. Significant expansion of massive sulphide lenses plus new zones of mineralization to the southwest demonstrate that Ballywire's exploration upside continues to ramp up. Four rigs are currently drilling at Ballywire, with the aim of completing over 20,000m in Ireland in 2026 (approx. 85% of which is planned at Ballywire). Eleven new holes are completed (and in the process of being logged, sampled and assayed), in progress and/or about to be drilled. Additional drill holes, including 25-468-17, -20 and -21, have successfully intersected mineralization approximately 230m NNE of previously known mineralization, showing that mineralization has now been intercepted over a down-dip distance of greater than 1,050m along this section. Closer spaced drilling along this section is now ongoing. Almost two kilometres to the northeast of the drill holes reported above, a fence of four holes was drilled approximately 200m northeast of previous drilling, each intersecting visible mineralization: 25-3552-43 (3.2m of 0.06% Zn+Pb), 25-3552-46 (2.9m of 0.22% Zn+Pb), 25-3552-48 (23.5m of 0.18% Zn+Pb, 1.4 g/t Ag), and 25-3552-49 (4.7m of 0.22% Zn+Pb, 0.9 g/t Ag). Drilling at Ballywire re-started in early January after the Christmas break. Mineralization reported consists predominantly of sphalerite, galena and pyrite, with the Cu-Ag bearing zones also containing chalcopyrite and suspected tennantite-tetrahedrite.