Group Eleven R...
A zinc explorer has commenced drilling at its flagship drilling project in Ireland, home to some of the world’s largest zinc deposits.
Group Eleven Resources, through a joint venture partnership with Connemara Mining, has announced that drilling has commenced at the company’s zinc project in Ireland while providing an asset update of two more projects.
The company’s vision is to “discover Irelands next big zinc mine through out of the box thinking, latest concepts and cutting-edge technology.”
Drilling has commenced at the company’s Ballinalack project, situated closely to the wiorld class Navan zinc mine. The best-known mineralization at Ballinalack comprises an historic estimate (7.7 million tonnes.)
“We are excited to be undertaking our first drill program as a public company, and I’m particularly pleased our recent 3D computer modelling has allowed us to start testing the Pale Beds at Ballinalack well ahead of our original timeframe” started Bart Jaworski, CEO. “Fieldwork on our other projects is just starting to kick into high-gear, but it is gratifying to see that preliminary work at the Castlemaine prospect is yielding positive results, adding further granularity to our ongoing regional ‘Big Think’ efforts.”
The company has also provided an update on its Stonepark Project and Tralee Project, where drilling is expected to commence in the next few weeks.
At Stonepark, Group Eleven aims to determine if exploration success at the adjacent Pallas Green property (owned by Glencore plc; hosting a JORC-compliant inferred resource of 44 million tonnes).
Group Eleven aims to expand the Stonepark North, Stonepark West and Stonepark zones
Tralee, the company’s third project, is viewed as “one of the most overlooked parts of the Irish Orefield.”
One of the key aims for Group Eleven is to determine if the Castlemaine prospect hosts significant zinc (and silver) mineralization.