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Group Eleven Resources (TSXV:ZNG) - New High-Grade Lead & Zinc Discovery at Stonepark

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Interview with Bart Jaworski, CEO of Group Eleven Resources Corp.

Our previous interview: https://www.cruxinvestor.com/posts/group-eleven-resources-tsxvzng-drilling-irelands-best-zinc-silver-copper-discovery-in-decades-10810

Recording date: 21st July 2026

Group Eleven Resources has reported a significant new zinc-lead discovery at its Stonepark project in Ireland, highlighting fresh exploration potential beyond its existing resource base. The company intersected 2.8 metres grading 8.3% zinc and lead, including a high-grade section of 1 metre at 22%, within a broader 15-metre zone of altered and brecciated rock. Notably, this intercept lies approximately 550 metres from the current resource, marking the most encouraging step-out result since the company acquired the project in 2017.

Stonepark currently hosts an estimated 5 million tonnes grading around 11% zinc and lead, based on a 2018 NI 43-101 resource. The new intercept suggests the possible presence of an additional mineralised zone, which could expand the overall scale of the deposit. Management emphasized that this is the first meaningful hit at such a distance, reinforcing the idea that the system remains open for growth.

The project’s location further strengthens its potential. Stonepark sits just 1 kilometre from Glencore’s much larger Pallas Green deposit, which contains approximately 45 million tonnes of zinc-lead mineralisation. Both deposits are believed to be part of the same geological system, underscoring the broader exploration opportunity in the region.

In addition to zinc-lead exploration, the drill hole also tested a deeper copper-silver target for the first time, with assay results still pending. This adds another layer of potential upside.

Financially, Group Eleven is well-positioned, with C$18 million in cash following a recent financing. This supports a 70,000-metre drill program over two years, including 15,000 metres allocated to Stonepark. While the project remains in the exploration stage, the latest results point to meaningful expansion potential in one of Europe’s most established zinc-producing regions.

View Group Eleven Resources' company profile: https://www.cruxinvestor.com/companies/group-eleven-resources-corp

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