Group Eleven Resources (TSXV:ZNG) - $18M Funds 70,000m Drill Program

Interview with Bart Jaworski, CEO of Group Eleven Resources Corp.Our previous interview: https://www.cruxinvestor.com/posts/group-eleven-resources-tsxvzng-25000m-drill-program-targets-multi-metal-growth-8219Recording date: 23rd April 2026Group Eleven Resources has transformed its Ballywire discovery into what may become Ireland's most significant base metals find in over a decade. Since the initial drill hole in September 2022, the project has evolved from a single zinc-silver intercept into a potential district-scale polymetallic system spanning 3.2 kilometers of strike length.The company recently secured $12 million in financing, bringing total available capital to $18 million and enabling 67,000 to 75,000 meters of drilling over the next two years without requiring additional capital raises. This represents a threefold expansion from the previously funded 20,000-meter program, providing CEO Bart Jaworski and his team the financial runway to systematically test what they believe could be a transformative discovery.The geological understanding has undergone significant evolution. Beneath the flat-lying zinc-lead-silver horizon, Group Eleven has identified vertical copper-silver shoots representing the fault-controlled plumbing systems that originally fed the zinc deposit 350 million years ago. These copper-silver "root systems" have been proven in multiple locations 350-400 meters apart, with evidence suggesting they may connect along the entire strike length.Jaworski outlined a "24X multiplier" framework representing the theoretical expansion potential: four gravity anomalies, three parallel trends, and two mineralized horizons. With only 25% of the prospective 6-kilometer trend systematically drilled to date, the company has substantial blue-sky exploration potential.While characterized as a zinc discovery, gross metal value analysis reveals silver contributing the majority of revenue at current prices. Grades typically range between 50-150 grams per ton, with exceptional intercepts reaching 4,000 grams per ton silver. The deposit's copper and germanium content could qualify for EU Critical Raw Materials Act fast-track status, potentially reducing the standard 10-15 year development timeline.Management targets initial metallurgy and resource work within 12-18 months as the funded drilling program systematically tests the district's full potential.View Group Eleven Resources' company profile: https://www.cruxinvestor.com/companies/group-eleven-resources-corpSign up for Crux Investor: https://cruxinvestor.com