Group Eleven Drills 15m of New Mineralization (incl. 2.8m of 8.3% Zn+Pb) in 550m Step-Out from Stonepark MRE, 20km NNW of Ballywire Discovery

Original announcement by tmx on

Company
Group Eleven Resources Corp.
Ticker
ZNG
Exchange
TSX
Region
Ireland
Primary commodity
Zinc
Secondary commodities
Lead, Silver
Document categories
Drill results, Other
Extracted
2026-08-23 14:35:29 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Group Eleven has discovered a new zone of mineralization at the Stonepark Project, 550m from the existing Mineral Resource Estimate. The step-out hole 26-2638-07 intersected high-grade zinc and lead, including an intercept of 0.95m at 21.67% Zn+Pb.

Reasoning: Significant step-out drilling (550m) from existing MRE returned high-grade Zn-Pb mineralization, including a bonanza-style intercept of 21.7% Zn+Pb. The results demonstrate district-scale potential and significant resource growth potential.

Positive factors

  • Step-Out Extension
  • Bonanza Intercept
  • QA/QC Disclosed

Facts used in scoring: 7

Atlas analysis — Group Eleven Resources Corp.: Group Eleven Drills 15m of New Mineralization (incl. 2.8m of 8.3% Zn+Pb) in 550m Step-Out from Stonepark MRE, 20km NNW of Ballywire Discovery. 1.39 % over 14.69 m; 13.48 % over 0.2 m

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drilled 550m from the closest edge of the Stonepark MRE.

Evidence · text

“Drilled 550m from the closest edge of the Stonepark Mineral Resource Estimate”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release mentions certified reference materials, blanks, and standards reviewed by a QP.

Evidence · text

“Group Eleven inserts certified reference materials ("CRMs" or "Standards") as well as blank material”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Intercept of 13.75% Zn and 7.92% Pb is exceptionally high grade for a zinc-lead deposit.

Evidence · table

“13.75”

Context: 0.95

Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

Drill Results (7)

26-2638-07Stonepark · zincGrade: 1.39Grade Unit: %Intercept: 14.69 mView all details
Link to this fact

Identity

Hole ID
26-2638-07
Project
Stonepark
Commodity
zinc
Ticker
ZNG

Geometry

Grade
1.39
Grade Unit
%
Intercept
14.69 m
From
460.92 m
To
475.61 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-2638-07:460.92-475.61

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-23T00:00:00.000Z

Reasoning: Moderate grade zinc intercept in a significant step-out hole.

26-2638-07Stonepark · leadGrade: 0.59Grade Unit: %Intercept: 14.69 mView all details
Link to this fact

Identity

Hole ID
26-2638-07
Project
Stonepark
Commodity
lead
Ticker
ZNG

Geometry

Grade
0.59
Grade Unit
%
Intercept
14.69 m
From
460.92 m
To
475.61 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-2638-07:460.92-475.61

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-23T00:00:00.000Z

Reasoning: Moderate grade lead intercept in a significant step-out hole.

26-2638-07Stonepark · silverGrade: 0.6Grade Unit: g/tIntercept: 14.69 mView all details
Link to this fact

Identity

Hole ID
26-2638-07
Project
Stonepark
Commodity
silver
Ticker
ZNG

Geometry

Grade
0.6
Grade Unit
g/t
Intercept
14.69 m
From
460.92 m
To
475.61 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-2638-07:460.92-475.61

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-23T00:00:00.000Z

Reasoning: Low silver grade.

26-2638-07Stonepark · zincGrade: 13.75Grade Unit: %Intercept: 0.95 mView all details
Link to this fact

Identity

Hole ID
26-2638-07
Project
Stonepark
Commodity
zinc
Ticker
ZNG

Geometry

Grade
13.75
Grade Unit
%
Intercept
0.95 m
From
462.75 m
To
463.7 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-2638-07:462.75-463.7

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-23T00:00:00.000Z

Reasoning: Exceptional high-grade zinc intercept (13.75%) in a narrow interval.

Positive factors

  • Bonanza Intercept
26-2638-07Stonepark · leadGrade: 7.92Grade Unit: %Intercept: 0.95 mView all details
Link to this fact

Identity

Hole ID
26-2638-07
Project
Stonepark
Commodity
lead
Ticker
ZNG

Geometry

Grade
7.92
Grade Unit
%
Intercept
0.95 m
From
462.75 m
To
463.7 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-2638-07:462.75-463.7

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-23T00:00:00.000Z

Reasoning: Exceptional high-grade lead intercept (7.92%) in a narrow interval.

Positive factors

  • Bonanza Intercept
26-2638-07Stonepark · silverGrade: 4.4Grade Unit: g/tIntercept: 0.95 mView all details
Link to this fact

Identity

Hole ID
26-2638-07
Project
Stonepark
Commodity
silver
Ticker
ZNG

Geometry

Grade
4.4
Grade Unit
g/t
Intercept
0.95 m
From
462.75 m
To
463.7 m

Classification

Program
exploration
Sample Type
drill
Group ID
26-2638-07:462.75-463.7

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-23T00:00:00.000Z

Reasoning: Elevated silver grade in high-grade Zn-Pb zone.

TC-2638-030Stonepark · zincGrade: 13.48Grade Unit: %Intercept: 0.2 mView all details
Link to this fact

Identity

Hole ID
TC-2638-030
Project
Stonepark
Commodity
zinc
Ticker
ZNG

Geometry

Grade
13.48
Grade Unit
%
Intercept
0.2 m
From
516.8 m
To
517 m

Classification

Program
exploration
Sample Type
drill
Group ID
TC-2638-030:516.8-517.0

QA/QC

Laboratory
ALS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-07-23T00:00:00.000Z

Reasoning: Extremely high grade zinc intercept, though very narrow and historical.

Positive factors

  • Bonanza Intercept

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.