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Group Eleven Resources provides interim update on its zinc and copper exploration activities in the Republic of Ireland

Published 2022-08-09, 07:05 a/m
© Reuters.  Group Eleven Resources provides interim update on its zinc and copper exploration activities in the Republic of Ireland

Group Eleven Resources Corp has provided an interim update on its zinc and copper exploration activities in the Republic of Ireland.

"We are very pleased with the steady progress made so far this year with our two-rig drill program, as well as, with our bolstered strategic position the Limerick region," said Bart Jaworski, Group Eleven CEO in a statement.

"We are on-track to complete our 2022 drill program totalling over 6,000m. Drilling continues on several regional targets at PG West, to be followed by the completion of three remaining holes at Stonepark, as well as, follow-up drilling at Carrickittle. At Tullacondra, our expanded ground position covers the western extension of Waulsortian limestone, adding further compelling zinc exploration upside to what is already an exciting copper-silver prospect," he added.

READ: Group Eleven says it is one big step closer in its search for 'mirror-image' of Pallas Green zinc deposit

The company noted that at the Ballywire zinc prospect (100%-interest PG West project), four holes totalling approximately 1,400 metres (m) have now been completed, stepping out several hundred metres each from hole G11-468-02, with assays expected over the next 3-6 weeks.

At the Carrickittle West zinc prospect (76.56% interest, Stonepark project, located adjacent to the PG West project), the company said it has begun planning for a follow-up hole several hundred metres north of G11-2531-01, with the details and timing of this follow-up drill program to be announced in due course.

At the Tullacondra copper-silver prospect (20 kilometres south of PG West project), Group Eleven said it entered into competition a number of months ago to acquire one extra prospecting license (PL) on the west side of the existing property boundary, and it was successfully awarded the PL last week

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Group Eleven Resources is a mineral exploration company focused on advanced-stage zinc exploration in Ireland.

Contact the author at jon.hopkins@proactiveinvestors.com

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