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Group Eleven Resources Corp.
Summary
| Project: | PG West | |
|---|---|---|
| Deposit: | PG West | |
| Location: | Ireland | |
| Commodities: | Lead-Zinc-Silver | |
| Date: | 7/6/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-7-2020: Group Eleven Resources Corp. announces an Exploration/Drilling Update report for its PG West deposit at the PG West project. Drilling results incl. 10.3m @ 14.6% Zn, 5% Pb, 42.6g/t Ag from 56.3m. Vancouver, Canada, July 6 th, 2020 - Group Eleven | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report] David Furlong (Internal) | |
| ABSTRACT: | Vancouver, Canada, July 6 th, 2020 - Group Eleven Resources Corp. (TSX.V: ZNG; OTC: GRLVF; FRA: 3GE) (“Group Eleven” or the “Company”) is pleased to announce that it has intersected 10.3 metres of 14.6% zinc, 5.0% lead (19.6% combined) and 43 g/t silver at its drilling on its 100%-owned PG West Project in the Republic of Ireland. Mineralization is shallow, open along strike and represents not only the best mineralization ever encountered at the Carrickittle prospect (“Carrickittle”), but also the best mineralization Group Eleven has drilled since inception of the Company in early 2015. “The thickness of massive sulphides and associated grades reaching as high as 55.7%1 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,” stated Bart Jaworski, CEO. “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 work and drilling.” | |
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