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Group Eleven Sources Corp. (TSXV: ZNG,OTC:GRLVF) (OTCQB: GRLVF) (FSE: 3GE) (“Group Eleven” or the “Firm”) is happy to announce outcomes from its first gap testing the ‘Deeper Cu-Ag Goal’ at its Ballywire discovery (“Ballywire”) on the 100%-owned PG West Challenge (“PG West”), Republic of Eire.

Highlights:

• 25-3552-40 (filling a 160m hole in earlier drilling, whereas testing the invention horizon on the base of the Waulsortian Limestone and 250m under it) intersected intermittent mineralization over 240m, together with:
  • Cu-Ag Intercept (hosted inside the base of the Waulsortian Limestone)
  • 11.4m of 139 g/t Ag and 0.23% Cu (ranging from 340.0m downhole), together with
  • 6.5m of 217 g/t Ag and 0.34% Cu, together with
  • 0.7m of 654 g/t Ag and 0.96% Cu and
  • 0.7m of 1,165 g/t Ag and 1.89% Cu
  • Cu-Ag Intercepts (on the ‘Deeper Cu-Ag Goal,’ under the Waulsortian Limestone)
  • 2.8m of 26 g/t Ag and 0.39% Cu, (from 441.3m downhole), together with
  • 1.8m of 34 g/t Ag and 0.53% Cu, together with
  • 0.2m (17cm) of 148 g/t Ag and a couple of.59% Cu, and
  • 17.9m of 10 g/t Ag and 0.37% Cu, (from 516.9m downhole), together with
  • 4.7m of 13 g/t Ag, 0.71% Cu and 0.09% Sb, together with
  • 2.6m of 19 g/t Ag, 1.07% Cu and 0.14% Sb
• Outcomes verify presence of Cu-Ag (Sb) mineralization within the ‘Deeper Cu-Ag Goal’ under the bottom of the Waulsortian Limestone, in step with Group Eleven’s exploration mannequin
• Two follow-up holes, to the NNW and SSE of the above gap, respectively, are underway
• Cu-Ag (and regionally Sb) mineralization consists of chalcopyrite and suspected tennantite-tetrahedrite occurring as disseminated mineralization and/or inside calcite veins; mineralization seems to be associated to a south-dipping fault zone (pierced by at the moment’s drill gap) which is related to Zn-Pb-Ag mineralization stratigraphically larger up (on the base of the Waulsortian Limestone)

“That is the primary take a look at of our hypothesized ‘Deeper Cu-Ag Goal’ and we’re thrilled that it has borne fruit,” said Bart Jaworski, CEO. “With a viable new Cu-Ag goal under our present Zn-Pb-Ag horizon, our exploration potential has primarily doubled. We’re gearing as much as develop on this deeper discovery not solely up and down dip, but additionally alongside our 2.6km-long strike-length of strong zinc mineralization pierced by drilling thus far. As per our close by geological analogues at Gortdrum, Denison and Tullacondra, fault-controlled Cu-Ag mineralization tends to strengthen with elevated shattering alongside the construction. Additional drilling on the ‘Deeper Cu-Ag Goal’ will goal to determine these options. With three rigs turning every on glorious targets at Ballywire, a fourth rig prone to be added quickly and a not too long ago bolstered money place, Group Eleven is poised to maintain producing shareholder worth by way of the drill bit for the foreseeable future.”

Exhibit 1. Cross Part of Deeper Cu-Ag Goal Displaying Gap 25-3552-40

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Notice: *Fence of holes G11-3552-25 to -31 is projected 60m onto the part aircraft; true thickness of intervals in 25-3552-40 as a share of down-hole interval, is estimated to be 80-100% (considering variability of vein orientations).

Exhibit 2. Plan Map of Ballywire Discovery Displaying New Drilling and Location of Above Part

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Notice: Gap 25-3552-38 returned hint sphalerite and galena over approx. 12m, close to the bottom of the Waulsortian Limestone

Ballywire Drill Replace

The Ballywire prospect on the Firm’s 100%-owned PG West Challenge in Republic of Eire, represents essentially the most important mineral discovery in Eire in over a decade. First introduced in Sept-2022, the invention has 59 holes drilled and reported by Group Eleven thus far, together with the latest three holes (25-3552-38, -40 and -41) reported at the moment (see Reveals 1 to 4). Drilling thus far at Ballywire has pierced strong mineralization over a 2.6km strike-length, alongside a potential pattern of over 6km (outlined by 4 regional gravity-high anomalies, solely one in all which has been systematically drill examined thus far; see Exhibit 4).

As we speak’s outcomes from gap 25-3552-40 verify that Cu-Ag mineralization exists under the bottom of the Waulsortian Limestone, in step with Group Eleven’s ‘Deeper Cu-Ag Goal’ exploration mannequin. Assay outcomes are summarized in Exhibit 3. Along with the outline above, it’s noteworthy that a minimum of one massive (19cm vast) tennantite-tetrahedrite-bearing calcite vein is bedding parallel, whereas different comparable however narrower veins are usually extra irregular in orientation.

Two further holes have been launched at the moment. Holes 25-3552-38 and -41, drilled 1.3km to the NE, close to gravity-high anomaly ‘D’ (see Reveals 2 and 4), additionally returned important outcomes.

Gap 25-3552-41 intersected what’s interpreted as oxidized large sulphide mineralization inside a fault zone. Regardless of being extremely weathered, the interval returned extremely anomalous steel concentrations: (i) 7.9m of 0.74% Zn+Pb (0.57% Zn and 0.17% Pb) and seven.4 g/t Ag (beginning at 229.5m downhole), together with 0.9m of 2.87% Zn+Pb (2.43% Zn and 0.44% Pb) and 35.9 g/t Ag; and (ii) 12.0m of 0.13% Zn+Pb (0.06% Zn and 0.07% Pb) and three.3 g/t Ag (beginning at 258.2m downhole), together with 1.1m of 0.55% Zn+Pb (0.21% Zn and 0.34% Pb) and 18.6 g/t Ag. These intervals (7.9m and 12.0m) contained weathered-out cavities totalling 19% and 40% of their respective downhole lengths (assumed ‘nil’ grade within the above weighted-average calculations). It’s attainable that these cavities symbolize proof of preferential weathering because of authentic excessive ranges of mineralization (e.g. large sulphide). Gap 25-3552-38 returned hint sphalerite and galena (from approx. 231-244m downhole) close to the bottom of the Waulsortian Limestone, additionally suggesting proximity to higher-grade mineralization.

Comply with up drilling will resume at this locality as soon as drill permits are obtained for the adjoining space, permitting extra flexibility to systematically take a look at your entire ‘Anomaly D’ goal. That is the Firm’s first take a look at of this goal space and given the above outcomes, exploration potential has been confirmed. As we speak’s outcomes, mixed with: (a) mineralized historic gap 99-3352-5, (b) two shallow historic holes with ample calcite (much like calcite our bodies related to the large sulphide on the discovery pattern) and (c) the presence of the ‘D’ gravity anomaly itself (see Exhibit 4), add considerably to the prospectivity of this goal.

Total, three rigs are at the moment drilling at Ballywire, with a fourth rig anticipated quickly. One rig continues to drill a fence of holes collared 200m east of gap G11-3552-08 (see Exhibit 2), testing for the easterly continuation of the mineralized pattern. The second and third rigs are drilling alongside the part of holes containing G11-468-01 and 00-468-5 (see Exhibit 2) to check for a SW continuation of high-grade mineralization in direction of gravity-high anomaly ‘B’. Relying on outcomes, the following fence of drilling testing the ‘Deeper Cu-Ag Goal’ could also be from this part. The fourth rig is prone to be geared in direction of reconnaissance drilling additional outboard of the present mineralized hall.

Presently, twelve (12) new holes are accomplished or almost accomplished (and within the technique of being logged, sampled and assayed) as proven in Exhibit 2 (particularly, two holes close to 25-3552-40; three holes close to gap G11-3552-19; 4 holes collared approx. 200m NNW of G11-3552-08; and three holes on the drill fence internet hosting G11-468-01).

Exhibit 3. Abstract of Assays from 25-3552-40 at Ballywire

Notice: True thickness of the mineralized interval in holes 25-3552-40 as a share of the down-hole interval, is estimated to be 80-100% (considering variability of vein orientations)

Exhibit 4. Regional Gravity Map Displaying 6km Lengthy Potential Development at Ballywire

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Exhibit 5. Regional Map of Ballywire Discovery and Surrounding Prospects

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Notes to Exhibit 5: (a) Pallas Inexperienced MRE is owned by Glencore (see Glencore’s Sources and Reserves Report dated December 31, 2024); (b) Stonepark MRE: see the ‘NI 43-101 Impartial Report on the Zinc-Lead Exploration Challenge at Stonepark, County Limerick, Eire’, by Gordon, Kelly and van Lente, with an efficient date of April 26, 2018, as discovered on SEDAR; and (c) the historic estimate at Denison was reported by Westland Exploration Restricted in ‘Report on Prospecting Licence 464’ by Dermot Hughes dated Could, 1988; the historic estimate at Gortdrum was reported in ‘The Geology and Genesis of the Gortdrum Cu-Ag-Hg Orebody’ by G.M. Steed dated 1986; and the historic estimate at Tullacondra was first reported by Munster Base Metals Ltd in ‘Report on Mallow Property’ by David Wilbur, dated December 1973; and later summarized in ‘Cu-Ag Mineralization at Tullacondra, Mallow, Co. Cork’ by Wilbur and Carter in 1986; the above three historic estimates haven’t been verified as present mineral sources; not one of the key assumptions, parameters and strategies used to organize the historic estimates have been reported and no useful resource classes have been used; important information compilation, re-drilling and information verification could also be required by a Certified Particular person earlier than the historic estimates may be verified and upgraded to be compliant with present NI 43-101 requirements; a Certified Particular person has not carried out adequate work to categorise them as a present mineral useful resource and the Firm shouldn’t be treating the historic estimates as present mineral sources. ‘Rathdowney Development’ is the south-westerly projection of the Rathdowney Development, internet hosting the historic Lisheen and Galmoy mines.

Certified Particular person

Technical info on this information launch has been authorised by Professor Garth Earls, Eur Geol, P.Geo, FSEG, geological advisor at IGS (Worldwide Geoscience Companies) Restricted, and unbiased ‘Certified Particular person’ as outlined beneath Canadian Nationwide Instrument 43-101.

Sampling and Analytical Procedures

All core drilled at Ballywire is NQ (47.6mm) and is lower utilizing a rock noticed. Pattern intervals differ between 0.17m to 1.41m with a mean (over 243 samples) of 0.93m. The half-core samples are bagged, labelled and sealed at Group Eleven’s core retailer facility in Limerick, Eire. Chosen pattern baggage are examined by the Certified Particular person. Transport is by way of an accredited courier service and/or by Group Eleven workers to ALS Laboratories in Loughrea Co. Galway, Eire. Pattern preparation on the ALS facility contains high-quality crushing 70%

High quality Assurance/High quality Management (QA/QC) Data

Group Eleven inserts licensed reference supplies (“CRMs” or “Requirements”) in addition to clean materials, to its pattern stream as a part of its industry-standard QA/QC programme. The QC outcomes have been reviewed by the Certified Particular person, who’s happy that each one the outcomes are inside acceptable parameters. The Certified Particular person has validated the sampling and chain of custody protocols utilized by Group Eleven.

About Group Eleven Sources

Group Eleven Sources Corp. (TSXV: ZNG,OTC:GRLVF) (OTCQB: GRLVF) and (FSE: 3GE) is drilling essentially the most important mineral discovery within the Republic of Eire in over a decade. The Firm introduced the Ballywire discovery in September 2022, demonstrating excessive grades of zinc, lead, silver, copper, germanium and regionally, antimony. Key intercepts thus far embody:

• 10.8m of 10.0% Zn+Pb and 109 g/t Ag (G11-468-03)
• 10.1m of 8.6% Zn+Pb and 46 g/t Ag (G11-468-06)
• 10.5m of 14.7% Zn+Pb, 399 g/t Ag and 0.31% Cu (G11-468-12)
• 11.2m of 8.9% Zn+Pb and 83 g/t Ag (G11-3552-03)
• 29.6m of 10.6% Zn+Pb, 78 g/t Ag and 0.15% Cu (G11-3552-12) and
• 11.8m of 11.6% Zn+Pb, 48 g/t Ag (G11-3552-18)
• 15.6m of 11.6% Zn+Pb, 122 g/t Ag and 0.19% Cu (G11-3552-27)
• 12.0m of 1.4% Zn+Pb, 560 g/t Ag, 2.30% Cu and 0.17% Sb (25-3552-31), together with
• 6.4m of two.1% Zn+Pb, 838 g/t Ag, 3.72% Cu and 0.27% Sb (25-3552-31)
• 39.7m of 9.5% Zn+Pb, 131 g/t Ag and 0.27% Cu (25-3552-35)

Ballywire is positioned 20km from Firm’s 77.64%-owned Stonepark zinc-lead deposit¹, which itself is positioned adjoining to Glencore’s Pallas Inexperienced zinc-lead deposit². The Firm’s two largest shareholders are Michael Gentile (14.2%) and Glencore Canada Corp. (14.1% curiosity). Extra details about the Firm is obtainable at www.groupelevenresources.com.

Neither TSX Enterprise Change nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts accountability for the adequacy or accuracy of this launch.

Cautionary Notice Concerning Ahead-Wanting Data

Technical and scientific info disclosed from neighbouring properties doesn’t essentially apply to the present mission or property being disclosed. This press launch accommodates forward-looking statements inside the that means of relevant securities laws. Such statements embody, with out limitation, statements concerning the long run outcomes of operations, efficiency and achievements of the Firm, together with the timing, content material, value and outcomes of proposed work applications, the invention and delineation of mineral deposits/sources/ reserves and geological interpretations. Though the Firm believes that such statements are affordable, it may give no assurance that such expectations will show to be appropriate. Ahead-looking statements are sometimes recognized by phrases equivalent to: consider, anticipate, anticipate, intend, estimate, postulate and comparable expressions, or are these, which, by their nature, confer with future occasions. The Firm cautions buyers that any forward-looking statements by the Firm will not be ensures of future outcomes or efficiency, and that precise outcomes could differ materially from these in ahead trying statements on account of numerous components, together with, however not restricted to, variations within the nature, high quality and amount of any mineral deposits which may be positioned. The entire Firm’s public disclosure filings could also be accessed by way of www.sedarplus.ca and readers are urged to overview these supplies, together with the technical experiences filed with respect to the Firm’s mineral properties.