Group Eleven Resources Corp.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- CEO
- Bart Jaworski
- Full Time Employees
- 10
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 400 Burrard Street Vancouver BC Canada V6C 3A6
- IPO Date
- Sep 18, 2018
- Website
- groupelevenresources.com
- Similar Companies
- Business
- Group Eleven Resources Corp. (TSXV:ZNG; OTCQB:GRLVF) is a Canada-based mineral exploration company focused on advanced-stage zinc exploration projects in Ireland's prolific zinc district. Founded in 2015 and headquartered in Vancouver, the company holds over 18 prospecting licenses covering more than 549 square kilometers across three principal projects: the 100%-owned PG West project including the Ballywire zinc-lead-silver discovery and Tullacondra prospect; the 77.64%-owned Stonepark project comprising Stonepark North, Stonepark, and Stonepark West zones adjacent to Glencore's Pallas Green deposit; and the 60%-owned Ballinalack project prospective for Navan-style mineralization near Boliden's Tara mine. These projects target Irish-type zinc-lead deposits, a subset of Mississippi Valley Type deposits, with associated silver, copper, and germanium mineralization, operating exclusively in the Republic of Ireland within the Limerick region and southwest extensions of the Rathdowney Trend. Recent developments include the Ballywire discovery announced in September 2022, with ongoing drilling in 2025 intersecting high-grade intervals such as 53.9m of 7.9% Zn+Pb including 39.7m of 9.5% Zn+Pb and 131 g/t Ag, 25.6m of 9.2% Zn+Pb and 28 g/t Ag, 15.6m of 11.6% Zn+Pb, 122 g/t Ag and 0.19% Cu, and deeper copper-silver zones up to 12.0m of 2.30% Cu and 560 g/t Ag; the company completed approximately 5,700m of drilling year-to-date with three rigs active and plans for 25,000m by end-2026 while testing deeper Cu-Ag targets and the Carrickittle West prospect. In 2025, Group Eleven closed a C$2.5M private placement in February, announced a C$5M bought deal in July, received early warrant exercises adding C$2.2M in June, and strengthened its cash position to C$8.4M, supported by major shareholders Glencore (16.1% stake with board involvement) and Michael Gentile (15.3%).
Group Eleven Drills 6.9m of 18.3% Zn+Pb and 86 g/t Ag in 50m Step-Out, plus 4.7m of 67 g/t Ag and 0.88% Cu in 275m Step-Out Testing Deeper Cu-Ag Mineralization
Group Eleven Welcomes Barry O'Shea to the Board of Directors
Group Eleven Drills Nine Cu-Ag Intervals, including 23.60% Cu, 506 g/t Ag, 2.04% Sb over 0.6m in a Wider 2.8m Zone and 6.6m of 1.60% Cu, 83 g/t Ag, 0.19% Sb
Group Eleven Drills 11.8m of 13.4% Zn+Pb (3.3% Zn and 10.1% Pb) and 45 g/t Ag in 80m Step-Out; and Confirms Deeper Cu-Ag Mineralization in 720m Step-Out
Group Eleven Drills 23.5m of 12.3% Zn+Pb and 46 g/t Ag, Further Confirms Deeper Cu-Ag Mineralization and Extends Mineralized Strike by 600m to 3.2km
Group Eleven Closes C$12M Bought Deal Private Placement, Including Full Exercise of C$1.56M Underwriters' Option
Group Eleven Extends Previous Hit to 52.3m of 10.3% Zn+Pb, 330 g/t Ag and 0.40% Cu, Plus Drills Three New Deeper Cu-Ag Zones in 350m Step-Out, incl. 3.7m of 225 g/t Ag and 1.03% Cu
Group Eleven Drills 29.9m of 15.3% Zn+Pb, 552 g/t Ag and 0.67% Cu (from 339m), Incl. 8.4m of 18.2% Zn+Pb, 1776 g/t Ag and 2.21% Cu, Extending Massive Sulphide Zone by 80m at Ballywire
Group Eleven Announces Issuance of Stock Options and DSUs
Group Eleven Drills New Mineralized Zone South of Main Discovery Trend at Ballywire, Returning 7.3m of 5.2% Zn+Pb, 10 g/t Ag (from 326m), Incl. 3.8m of 7.3% Zn+Pb, 14 g/t Ag
Group Eleven Resources Corp. to Attend the 51st Annual New Orleans Investment Conference
Group Eleven Drills 25.6m of 9.2% Zn+Pb and 28 g/t Ag and Extends Deeper Cu-Ag Zone with 17.4m of 35 g/t Ag and 0.31% Cu at Ballywire Discovery
Group Eleven Drills 6.5m of 217 g/t Ag and 0.34% Cu; and 2.6m of 19 g/t Ag, 1.07% Cu and 0.14% Sb, Confirming Deeper Cu-Ag (Sb) Mineralization at Ballywire
Group Eleven Drills 6.2m of 312 g/t Ag and 0.95% Cu, incl. 2.8m of 549 g/t Ag and 1.77% Cu in a 90m Step-Out, Further Supporting Deeper Cu-Ag Target at Ballywire
Group Eleven Closes C$5.75M Bought Deal Private Placement, Including Full Exercise of C$750,000 Underwriters' Option
Group Eleven Provides Results of Annual General Meeting
Group Eleven Drills Best Hole Yet at Ballywire: 39.7m of 9.5% Zn+Pb, 131 g/t Ag and 0.27% Cu, incl. 5.6m of 16.6% Zn+Pb, 370 g/t Ag and 0.86% Cu
Group Eleven Announces $2.2 Million in Early Warrant and Option Exercises and Provides Update on Carrickittle West 'Pallas Green Lookalike' Target
Group Eleven Announces Appointment of Jasmine Lau as Chief Financial Officer
Group Eleven Announces Uplisting to OTCQB Market