- Business
- Group Eleven Resources Corp. (TSXV: ZNG) is a mineral exploration company focused on the discovery and development of zinc, lead, and silver deposits, primarily within the Republic of Ireland's prospective limestone-hosted carbonate-hosted massive sulphide (CHMS) terrain. The company holds a portfolio of 100% owned projects including the Stonepark, Glenacres, and Carrickittle properties in the southern Irish Ore Field; the PG West property in the Ballynoe Copper-Barite District; and the Silvermines project in southern Ireland, targeting world-class zinc-lead-silver deposits. Operations are centered in Ireland, with headquarters in Vancouver, Canada, founded in 2015.
The company's core activities encompass grassroots and advanced-stage exploration, including drilling programs, geophysical surveys, and resource delineation to advance its projects toward potential economic viability; it also pursues strategic land acquisitions to consolidate highly prospective acreage in established mining districts. Group Eleven emphasizes high-impact exploration in the Irish Midlands, a world-class zinc province that has produced over 100 million tonnes of ore historically, serving institutional investors and partners interested in critical minerals essential for energy transition and infrastructure.
In recent developments, Group Eleven announced promising drill results from its 2024/2025 exploration campaigns at Stonepark and Silvermines, intersecting significant zinc-lead mineralization that expanded known zones and identified new targets; the company also secured C$5.2 million through a non-brokered private placement in late 2024 to fund accelerated drilling. Additionally, it entered a strategic partnership with Arkle Resources in 2025 to explore synergies in Ireland's zinc belt and advanced its PG West project with high-grade copper-zinc intercepts, marking a shift toward multi-commodity potential amid rising demand for base metals.