Group Eleven Resources Corp. is pleased to announce it has entered into a subscription agreement with Glencore Canada Corporation on a private placement basis . The Offering consists of 15,000,000 units at a price of $0.05 per unit for aggregate gross proceeds of $750,000, to be completed in two tranches. All currency amounts in this news release [...]
Group Eleven Resources Corp. is pleased to announce that it is adding the Denison and Tullacondra copper-silver prospects to its project pipeline in the Company's flagship Stonepark / PG West zinc-lead project area in Ireland. Following its corporate update announced yesterday, the Company is bolstering its position in the Limerick basin by adding [...]
Group Eleven Resources Corp. is pleased to provide an update on its corporate strategy and a summary of the Company's achievements since its initial public offering in late 2017. After several years of diligent work, the Company has now completed the groundwork necessary for a much more focussed exploration strategy going forward. Drilling is [...]
Group Eleven Resources Corp. today provides an update on the Company's response to the COVID-19 situation in the Republic of Ireland. The Company has been closely monitoring the latest developments of the novel coronavirus through the World Health Organization and the Health Service Executive in Ireland. The safety of staff, their families [...]
Group Eleven Resources Corp. is pleased to announce that recent drilling at its 60%-interest Ballinalack Zinc Project in the Republic of Ireland, has intersected a shallow and thick zone of strongly anomalous zinc and lead mineralization within the Navan Beds, located approximately five kilometres along trend from the existing Ballinalack zinc-lead [...]
Group Eleven Resources Corp. is pleased to announce that recent drilling at its 60%-interest Ballinalack Zinc Project in the Republic of Ireland, has intersected a sulphide-bearing mafic dyke with anomalous platinum-group metals and gold, along with highly anomalous copper, nickel and cobalt. The dyke appears to laterally extend over several [...]
Group Eleven Resources Corp. announces that John Barry is stepping down as 'Vice President, Exploration Strategy' and resigning as director of Group Eleven's various Irish subsidiaries with immediate effect. "As a co-founder of Group Eleven back in 2015 and subsequently Chairman of the Company before its IPO in December 2017, it has been good to [...]
Group Eleven Resources Corp. is pleased to announce that data from the Geological Survey of Ireland's 'Tellus' airborne geophysical survey , covering the Company's Stonepark, PG West and Silvermines zinc projects, was publicly released on October 15, 2019. Preliminary analysis of the data by the Company has yielded some large surprises, identifying [...]
VANCOUVER, Oct. 18, 2019 /CNW/ - Group Eleven Resources Corp. announces that it has granted incentive stock options, on October 17, 2019, to eight officers and employees of the Company to purchase up to 770,000 common shares in the capital stock of the Company. These options vest over a period of three years from the date of grant, at an exercise [...]
VANCOUVER, Oct. 15 2019 /CNW/ - Group Eleven Resources Corp. is pleased to announce a non-brokered private placement and Shareholder Rights Agreement with Glencore Canada Corporation which grants Glencore certain rights covering the Company's zinc projects in the Republic of Ireland. The offering consists of 8,400,000 units at a price of $0.12 per [...]
Group Eleven Resources Corp. is pleased to report that diamond drilling has begun on the Ballinalack zinc project located in the Republic of Ireland, focussing on the prospective Navan Beds located several hundred metres below the existing Ballinalack zinc deposit . Ballinalack is a joint venture between Group Eleven and Shenzhen Zhongjin Lingnan [...]
Group Eleven Resources Corp. announces that as per the Company's news release issued on June 10, 2019, Group Eleven has now received approval from the TSX Venture Exchange and has issued 208,333 shares at a deemed price of $0.12 to Canaccord Genuity Corp for advisory fees provided in connection with the Company's offering that was announced on [...]