Group Eleven Completes Drilling at Ballywire, Adds New License at Tullacondra and Proceeds with Drill Planning at Carrickittle West, PG West Project, Ireland
Group Eleven Completes Drilling at Ballywire, Adds New License at
Tullacondra and Proceeds with Drill Planning at Carrickittle West, PG
West Project, Ireland
Vancouver, Canada, August 9, 2022 - Group Eleven Resources Corp. (TSX-V: ZNG; OTC: GRLVF; FRA: 3GE)
(“Group Eleven ” or the “ Company”) is pleased to provide an interim update on its zinc and copper
exploration activities in the Republic of Ireland.
Highlights:
• At the Ballywire zinc prospect (100%-interest PG West project), four holes (totalling approximately
1,400m) have now been completed , stepping out several hundred metres each from hole G11-468-
02 (see news release dated September 7, 2021); assays are 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 has begun planning for a follow -up hole several hundred metres north
of G11 -2531-01 (see news release dated June 16, 2022) ; details and timing of this follo w-up drill
program will be announced in due course
• At the Tullacondra copper-silver prospect (20km south of PG West project), Group Eleven entered
into competition a number of months ago to acquire one extra prospecting license (“PL”) on the west
side of the existing property boundary; the Company was successfully awarded this PL last week
“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,” stated Bart Jaworski, CEO. “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, o ur 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.”
About Group Eleven Resources
Group Eleven Resources Corp. (TSX.V: ZNG; OTC: GRLVF and FRA: 3GE) is a mineral exploration company
focused on advanced stage zinc exploration in Ireland. Additional information about the Company is
available at www.groupelevenresources.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Bart Jaworski, P.Geo.
Chief Executive Officer
E: [email protected] | T: +353-85-833-2463
E: [email protected] | T: 604-644-9514
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of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Information
This press release contains forward -looking statements within the meaning of applicable securities
legislation. Such statements include, without limitation, statements regarding the future results of
operations, performance and achievements of the Company, including the timing, content, cost and
results of proposed work programs, the discovery and delineation of mineral deposits/resources/
reserves and geological interpretations. Although the Company believes that such statement s are
reasonable, it can give no assurance that such expectations will prove to be correct. Forward -looking
statements are typically identified by words such as: believe, expect, anticipate, intend, estimate,
postulate and similar expressions, or are those , which, by their nature, refer to future events. The
Company cautions investors that any forward-looking statements by the Company are not guarantees of
future results or performance, and that actual results may differ materially from those in forward looking
statements as a result of various factors, including, but not limited to, variations in the nature, quality and
quantity of any mineral deposits that may be located. All of the Company's public disclosure filings may
be accessed via www.sedar.com and readers are urged to review these materials, including the technical
reports filed with respect to the Company's mineral properties.