Group Eleven Resources Corp. is drilling the most significant mineral discovery in the Republic of Ireland in over a decade. The Company announced the Ballywire discovery in September 2022, demonstrating high grades of zinc, lead, silver, copper, germanium and locally, antimony. Top intercepts to date include:

• 52.3m of 10.3% Zn+Pb, 330 g/t Ag and 0.40% Cu (25-3552-51) and

• 39.7m of 9.5% Zn+Pb, 131 g/t Ag and 0.27% Cu (25-3552-35) and

• 29.6m of 10.6% Zn+Pb, 78 g/t Ag and 0.15% Cu (G11-3552-12)

Ballywire is located 20km from Company’s 78.62%-owned Stonepark zinc-lead deposit (5.1mt of 11.3% Zn+Pb, Inferred), which itself is located adjacent to Glencore’s Pallas Green zinc-lead deposit (45.4mt of 8.4% Zn+Pb, Inferred). The Company’s two largest shareholders are Michael Gentile (13.7% interest) and Glencore Canada Corp. (12.9%).