Connect with us

Hi, what are you looking for?

Economy

Group Eleven Resources: High-grade Zinc-Lead-Silver, Germanium Discovery in Ireland

With Glencore and Michael Gentile as the two largest shareholders, Group Eleven Resources (TSXV:ZNG) offers lucrative investment opportunities through zinc exploration in Ireland. The company’s project portfolio encompasses the PG West and Stonepark projects. PG West and Stonepark are contiguous, forming the largest exploration position in the Limerick region, renowned for its zinc potential. Group Evelen’s Ballywire discovery, a significant new finding in 2022, has demonstrated the presence of a high-grade mineralized system making it a potentially transformative asset for the company.

The close alignment with Glencore provides Group Eleven with both industry expertise and a collaborative advantage, further enhanced by Glencore’s presence on Group Eleven’s board. This strategic partnership reflects confidence in Group Eleven’s potential within Ireland’s prolific zinc landscape.

Group Eleven

The PG West and Stonepark projects together span an extensive ground area, creating a formidable position in the Limerick region. This strategic region features the Limerick Volcanic Complex, hosting the second largest zinc deposit discovered to date in Ireland, Glencore’s Pallas Green deposit.

Company Highlights

  • Group Eleven Resources is a mineral exploration company focused on advanced stage zinc exploration projects in Ireland.
  • The company’s Ballywire discovery has revealed high-grade zinc-lead-silver mineralization spanning over 2.5 km, with notable grades of up to 40.8 percent zinc and 1,440 g/t silver (and local copper kicks up to 5.9 percent).
  • Group Eleven’s strategic relationship with Glencore, which holds a 17.1 percent stake, includes Glencore’s representation on the board, enhancing industry collaboration.
  • The PG West and Stonepark projects form Group Eleven’s core exploration focus, situated near Glencore’s Pallas Green deposit in a highly mineralized region.
  • Carrickittle West, a high-potential target within Stonepark, is a Pallas Green ‘lookalike’ target, showing many geological similarities.
  • Ireland ranks well on the Fraser Institute Annual Mining Survey and is No. 1 in the world for zinc found per square kilometer, reflecting numerous discoveries to date.

This Group Eleven Resources profile is part of a paid investor education campaign.

*Click here to connect with Group Eleven Resources (TSXV:ZNG) to receive an Investor Presentation

This post appeared first on investingnews.com

You May Also Like

Investing

Fisker (NYSE: FSR) stock price has been one of the best-performing electric vehicle (EV) stocks this week even as Tesla slumped. The shares jumped...

Investing

Newmont (NYSE: NEM) reported mixed financial results even as the price of gold approached its all-time high. In all, the company’s earnings per share...

Investing

The Fox Corporation (NASDAQ: FOX) stock price has been under pressure as investors come to terms with the abrupt firing of Tucker Carlson. The...

Investing

NatWest (LON: NWG) share price rose sharply, helped by the strong results from Barclays. The stock jumped to a high of 274.8p, which was...




Disclaimer: Oldamericanbroker.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the-company.


Copyright © 2024 Oldamericanbroker.com