Group Eleven Resources Corp. announced results from the most recent four holes of the 2024 drill program at the Company's 100%-owned Ballywire zinc-lead-silver discovery ("Ballywire"), PG West Project ("PG West"), Republic of Ireland. The Ballywire prospect at the Company's 100%-owned PG West Project in Republic of Ireland, is a new zinc-lead-silver discovery (first announced Sept-2022).

In addition to 25 holes drilled and reported by Group Eleven to date, the most recent four step-out holes (G11-3552-09, to -12) of the 2024 program are reported on June 11, 2024. High-grade mineralization in G11-3552-12 consists predominantly of massive and semi-massive sulphide (sphalerite, galena, pyrite, chalcopyrite and suspected tennantite-tetrahedrite), as well as, disseminated and vein hosted sulphide mineralization. Mineralization occurs along and/or close to the base of the Waulsortian limestone.

Today's drill results extend known high-grade massive sulphide mineralization by 180m or 25%, from a strike length 710m to 890m. G11-3552-12 represents the strongest mineralization to date at Ballywire, adding to an already strong set of previous intercepts (e.g. 11.2m of 8.9% Zn+Pb and 83 g/t Ag in G11-3552-03; and 10.8m of 10.0% Zn+Pb and 109 g/t Ag in G11-468-03, etc. The extensive envelope of massive and semi-massive sulphide mineralization in G11-3552-12 justifies further drilling eastwards, especially towards hole G11-3552-07 (360m away) which intersected very high grades of silver and copper suggesting proximity to a feeder structure.

Elevated germanium levels are correlated with high zinc concentrations in previous holes at Ballywire. Germanium will be assayed in G11-3552-12 in due course. G11-3552-10 and -11, located 50m and 100m north of G11-3552-08, respectively, returned weak mineralization along or near the base of the Waulsortian Limestone.