Group Eleven Resources has intersected 10.3 meters (m) of 14.6% zinc, 5% lead, and 43 grams per metric ton (g/mt) silver from drilling on its 100% owned PG West project in the Republic of Ireland. The intersection includes a high-grade zone of massive sulphides containing 6.6 m of 21.5% zinc, 7% lead, and 59 g/mt silver, starting at 60 m downhole.

Mineralization is shallow, open along strike, and represents not only the best mineralization ever encountered at the Carrickittle prospect but also the best mineralization Group Eleven has drilled since inception of the company in early 2015.

The Carrickittle prospect is located in the Limerick basin in southwest Ireland. The prospect lies within the Pallas Green Corridor, a 25 km-long trend of mineralization defined by the Pallas Green deposit in the north and Group Eleven’s Carrickittle, Ballywire and Denison prospects to the south.

Group Eleven CEO Bart Jaworski said, “The thickness of massive sulphides and associated grades of zinc and lead was a much better result than expected. This intercept represents a breakthrough in our understanding of how mineralization is oriented at Carrickittle and offers a compelling hypothesis as to why historic drilling missed or seemingly only skimmed along areas of mineralization.

“Finding such high-grade mineralization at shallow depths is a very rare occurrence these days in the industry, and it is highly encouraging for Group Eleven. Carrickittle is a prospect that lay largely dormant for over 54 years after it was labelled as ‘sub-economic’ in 1966. The prospect, however, now clearly appears under-drilled and under-conceptualized — and requires immediate follow-up.”