Investing
14-11-2024 12:14
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Group Eleven Strikes Rich with 8.7m of 23.9% Zn+Pb & 85 g/t Ag: Expanding Zinc-Rich Sulphide Zone at Ballywire!
Title: Group Eleven's Outstanding Sulphide Intersection Expands Zinc-Rich Zone at Ballywire
Group Eleven Resource's Corp's (Group Eleven) recent drill results have attained a significant leap by intersecting 8.7 meters of 23.9% Zn+Pb and 85 g/t Ag. This significant discovery adds an exciting expansion to the zinc-rich massive sulphide zone at the company’s Ballywire prospect, located in their 100% owned PG West Project, Ireland.
The marked highlight reflects Group Eleven's perpetual strive and commitment to undertaking extensive exploration. This recent drilling program occurred within the frame of a broader aim to uncover, identify, and understand better Ireland's prolific zinc industry and its underlying geology. In this particular instance, an intersection of 8.7m of 23.9% Zn+Pb and 85g/t Ag was achieved.
The discovery led to the successful expansion of the zinc-rich massive sulphide zone at Ballywire. This expansion echoes the high-value potential of the PG West Project, which already boasts impressive intersections of high-grade silver, lead, and zinc in previous surveys from historic drilling.
The new zone of mineralisation, extending the base-of-Waulsortian (Keel-type) target area, coupled with a strong presence of silver and lead, is a significant advancement in the project. This intersection plays a critical role in better gauging the continuity of sulphide mineralisation and the inherent massive sulphide potential of the area.
Ballywire now joins Group Eleven’s portfolio's growing list of prospective mineral targets. The prospect now shares the stage with the company’s historically high-yielding properties such as the Stonepark deposit and Kilteely, both which have seen significant highly mineralised intersections and remain ripe for future explorations.
This recent discovery reaffirms Group Eleven's strategy of innovative exploration in the Irish zinc sector and further strengthens the evidence of the broader area’s mining potential. The company's primary focus is to discover and develop a new generation of Irish zinc projects while leveraging a comprehensive geological database and methodologies to continually enhance exploration efficiency.
This consistent drilling success at Ballywire highlights the latent resource potential at the PG West Project and beyond. The exploration has delivered productive outcomes shaping the future direction of the company’s drilling strategy and shedding more light on understanding Ireland's complex geological layout.
Group Eleven’s relentless pursuit of uncovering hidden reserves has once again yielded promising outcomes, setting the stage for the potential development of a new generation of high-yielding zinc deposit. These findings provide optimism for the future of Ireland's mineral industry and the global zinc market at large. Their strategic exploration and mining endeavours exemplify the company's commitment to push the boundaries of traditional mining in Ireland and contribute to its robust zinc market.
The Ballywire zinc-rich expansion has opened the door to a more fruitful exploration and mining future. Amid the pressing global demand for high-quality zinc deposits, Group Eleven is paving the way for sustainable, innovative, and successful mining projects, with outcomes having significant positive implications on the broader industry, economy, and environment. With continued diligence and progressive exploration efforts, the company stands poised to unlock more unparalleled mineral wealth in Ireland's mining industry.