Group Eleven drills 6.2 m of 312 g/t Ag, 0.95% Cu at PG
Executive Summary
- Group Eleven reported three new step‑out drill holes at Ballywire (PG West, Ireland), including a 6.2 m intercept of 312 g/t Ag and 0.95 % Cu, with higher‑grade sub‑intervals up to 2,470 g/t Ag and 5.87 % Cu.
- The results extend the main discovery corridor by 135 m (now 1,435 m) and reinforce the potential for a deeper Cu‑Ag target 100–200 m below the current horizon.
- The company has three rigs active (≈5,700 m drilled YTD) and plans ~25,000 m of additional drilling by end‑2026, fully financed with an $8.4 M cash position.
Key Details
- Hole 25‑3552‑37 (90 m step‑out NE of 25‑3552‑35) – 185 m mineralized interval:
- 6.2 m @ 312 g/t Ag, 0.95 % Cu (from 303.9 m).
- Includes 2.8 m @ 549 g/t Ag, 1.77 % Cu.
- 0.3 m @ 2,470 g/t Ag, 5.87 % Cu.
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Zn‑Pb‑Ag zone: 4.9 m @ 5.2 % Zn (incl. 4.0 % Zn, 1.2 % Pb) with 45 g/t Ag; 0.1 m @ 65.1 % Zn+Pb with 654 g/t Ag.
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Hole 25‑3552‑36 (90 m step‑out SE) – 38 m mineralized interval:
- 2.8 m @ 231 g/t Ag, 0.85 % Cu.
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0.2 m @ 3,820 g/t Ag, 12.60 % Cu (among highest Irish assays).
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Hole 25‑3552‑34 (35 m step‑out NNW) – 16 m mineralized interval:
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1.9 m @ 59 g/t Ag, 0.75 % Cu.
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Corridor extension: strike length increased from 1,300 m to 1,435 m.
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Overall trend: part of a 2.6 km mineralized belt within a >6 km prospective corridor defined by four gravity‑high anomalies (only one previously drill‑tested).
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Deeper Cu‑Ag target (100–200 m below Zn‑Pb‑Ag horizon) currently being tested; two holes completed, third in progress.
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Drilling activity: three rigs on site, ≈5,700 m drilled YTD; plan to add a fourth rig and complete ~25,000 m by end‑2026 (fully financed).
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Cash position: $8.4 million, supporting continued drilling program.
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Qualified Person: Prof. Garth Earls, EurGeol, PGeo, FSEG (NI 43‑101 compliant).
Notable Quotes
“Today's results expand our main discovery corridor by 135 m and add to growing evidence suggesting a deeper Cu‑Ag horizon one to two hundred metres below Ballywire's current discovery horizon,” – Bart Jaworski, CEO.
All technical and QA/QC details omitted for brevity; see full release for sampling, analytical procedures, and quality controls.