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Group Eleven extends Ballywire strike with thickest mineralized intercept to date

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Manage episode 492445945 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Group Eleven Resources CEO Bart Jaworski joined Steve Darling from Proactive to discuss exciting new drill results from the company’s 100%-owned PG West Project in Ireland, specifically at the Ballywire zinc-lead-silver-copper discovery. The latest step-out drilling has significantly expanded the known mineralized footprint, extending the strike length of the Ballywire discovery corridor from 1,250 metres to 1,300 metres. The corridor is part of a broader 2.6 km trend of confirmed mineralization within a prospective 6 km geological horizon that remains underexplored. Jaworski emphasized the significance of the latest drill hole, which returned the thickest mineralized intercept ever recorded at Ballywire, surpassing a previously notable intercept of 29.6 metres grading 10.6% Zn+Pb, 78 g/t Ag, and 0.15% Cu. These results confirm not only increased tonnage potential but also the presence of a deeper copper-silver enriched horizon, located approximately 100 to 200 metres below the main discovery zone. This deeper zone could indicate a second, previously unrecognized layer of mineralization, potentially enhancing the project’s economic upside. Currently, three drill rigs are operating at Ballywire, and over 4,000 metres of drilling has been completed so far this year. The company is fully funded to carry out a total of 8,000 to 10,000 metres of drilling in 2025, with work focused on expanding the known resource envelope and testing deeper targets. One hole targeting the copper-silver horizon has already been completed, and a second is underway, with assays pending. Located within the heart of Ireland’s Limerick Basin, the Ballywire discovery is part of a district that has long been recognized for its world-class zinc-lead deposits. The PG West Project lies adjacent to the historic Pallas Green and Galmoy mines, providing Group Eleven with strong geological analogs and infrastructure advantages. With funding secured, multiple drill targets in play, and promising geological indicators emerging at depth, Group Eleven is advancing Ballywire as one of the most compelling zinc-lead-silver-copper exploration plays in Europe today. #proaxctiveinvestors #tsxv #zng #ptcqb #grlvf #ZincMining #GroupElevenResources #BallywireProject #IrishMining #CopperExploration #SilverDiscovery #CriticalRawMaterials #MiningInvesting #ResourceExploration #JuniorMining
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605 episodes

Artwork
iconShare
 
Manage episode 492445945 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Group Eleven Resources CEO Bart Jaworski joined Steve Darling from Proactive to discuss exciting new drill results from the company’s 100%-owned PG West Project in Ireland, specifically at the Ballywire zinc-lead-silver-copper discovery. The latest step-out drilling has significantly expanded the known mineralized footprint, extending the strike length of the Ballywire discovery corridor from 1,250 metres to 1,300 metres. The corridor is part of a broader 2.6 km trend of confirmed mineralization within a prospective 6 km geological horizon that remains underexplored. Jaworski emphasized the significance of the latest drill hole, which returned the thickest mineralized intercept ever recorded at Ballywire, surpassing a previously notable intercept of 29.6 metres grading 10.6% Zn+Pb, 78 g/t Ag, and 0.15% Cu. These results confirm not only increased tonnage potential but also the presence of a deeper copper-silver enriched horizon, located approximately 100 to 200 metres below the main discovery zone. This deeper zone could indicate a second, previously unrecognized layer of mineralization, potentially enhancing the project’s economic upside. Currently, three drill rigs are operating at Ballywire, and over 4,000 metres of drilling has been completed so far this year. The company is fully funded to carry out a total of 8,000 to 10,000 metres of drilling in 2025, with work focused on expanding the known resource envelope and testing deeper targets. One hole targeting the copper-silver horizon has already been completed, and a second is underway, with assays pending. Located within the heart of Ireland’s Limerick Basin, the Ballywire discovery is part of a district that has long been recognized for its world-class zinc-lead deposits. The PG West Project lies adjacent to the historic Pallas Green and Galmoy mines, providing Group Eleven with strong geological analogs and infrastructure advantages. With funding secured, multiple drill targets in play, and promising geological indicators emerging at depth, Group Eleven is advancing Ballywire as one of the most compelling zinc-lead-silver-copper exploration plays in Europe today. #proaxctiveinvestors #tsxv #zng #ptcqb #grlvf #ZincMining #GroupElevenResources #BallywireProject #IrishMining #CopperExploration #SilverDiscovery #CriticalRawMaterials #MiningInvesting #ResourceExploration #JuniorMining
  continue reading

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