Interview with Bart Jaworski, CEO, Group Eleven Resources

Our previous interview: https://www.cruxinvestor.com/posts/group-eleven-resources-tsxvzng-18m-funds-70000m-drill-program-10059

Recording date: 27th June 2025

Group Eleven Resources is advancing one of Ireland’s most significant recent mineral discoveries at its Ballywire project in County Limerick, where an intensive 70,000-metre drilling campaign is underway using five rigs. Four rigs are focused on Ballywire, while a fifth is testing the nearby Stonepark property. The company has outlined a rapidly expanding zinc-lead-silver system extending over 3.2 kilometres, alongside a newly confirmed, deeper copper-silver zone that adds both scale and complexity to the deposit.

Drilling has identified a steeply dipping copper-silver “feeder” system beneath the flat-lying zinc horizon, consistent with Mississippi Valley Type deposit models. This deeper zone has now been traced across 430 metres and remains open, suggesting further expansion potential. In addition, a secondary southwest-trending massive sulphide zone has emerged, indicating the possibility of greater overall tonnage than initially expected.

Ballywire stands out for its exceptional grades, particularly in silver. Assays commonly range from 50 to 150 grams per tonne, with peak values reaching as high as 4,200 grams per tonne. A standout intercept reported in early 2026 included 52 metres of mineralisation with exceptionally high silver content, alongside notable copper values. These results position the project among the most high-grade discoveries of its type globally.

The company estimates a potential 24-fold exploration upside based on multiple untested gravity anomalies along a 6-kilometre trend, as well as additional parallel structures and depth extensions. With approximately C$18 million in funding, Group Eleven is well-positioned to continue drilling through 2027 and aims to deliver a maiden mineral resource estimate within 12 to 18 months.

Situated in a stable and mining-friendly jurisdiction, Ballywire benefits from growing industry interest in Ireland’s mineral sector, driven by strong demand for zinc, copper, and silver in electrification and energy transition technologies.

Learn more: https://www.cruxinvestor.com/companies/group-eleven-resources-corp