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Group Eleven Resources Corp.

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Summary

Project:

Ballinalack

Deposit:Ballinalack
Location:Ireland
Commodities:PGM-Gold-Nickel-Copper-Cobalt
Date:1/14/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:14-1-2020: Group Eleven Resources Corp. announces an Exploration/Drilling Update report for its Ballinalack deposit at the Ballinalack project. Drilling results incl. 2.30m @ 0.124g/t Pd, 0.066g/t Pt, 0.008g/t Rh, 0.019g/t Au, 0.181% Ni, 0.186% Cu, 203ppm
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: David Furlong (Internal)
ABSTRACT:Vancouver, Canada, January 14, 2020 – Group Eleven Resources Corp. (TSX.V: ZNG; OTC: GRLVF; FRA: 3GE) (“Group Eleven” or the “Company”) is pleased to announce that recent drilling at its 60%-interest Ballinalack Zinc Project (“Ballinalack”) in the Republic of Ireland, has intersected a sulphide-bearing mafic dyke with anomalous platinum-group metals (“PGMs”, including platinum, palladium, rhodium) and gold, along with highly anomalous copper, nickel and cobalt. The dyke appears to laterally extend over several kilometres. Previous operators at Ballinalack did not assay for PGMs and to management’s knowledge, PGM exploration in the Republic of Ireland has never been conducted. Group Eleven views the above results as a potential ‘sweetener’to Ballinalack,which remains primarily a zinc-focussed project. Zinc-lead resultsfromthe recently completed Ballinalack drill program are expected over the next few weeks.

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