Group Eleven Resources Corp.

Group Eleven Resources offers a compelling investment opportunity with its unique combination of a new high-grade discovery and an established resource base in one of the world's most prospective zinc districts. The Ballywire discovery, announced in September 2022, has already delivered intercepts of 39.7 meters at 9.5% Zn+Pb and 131 g/t Ag, including 12.9 meters at 11.0% Zn+Pb and 57 g/t Ag, demonstrating significant width and grade continuity over a 2.6km strike length that remains open in all directions. With a prospective trend extending at least 6km by 2km and located only 20km from Glencore's 45 million tonne Pallas Green deposit, Ballywire represents district-scale exploration upside that could yield a company-making resource.

The company's valuation is anchored by two NI 43-101 compliant resources: Stonepark (5.1mt at 11.3% Zn+Pb, 77.64% owned) and Ballinalack (5.4mt at 8.7% Zn+Pb, 60% owned), providing immediate asset value while Ballywire is advanced toward resource definition. Ireland's mining-friendly jurisdiction ranks highly on the Fraser Institute's annual survey and offers excellent infrastructure, proximity to European smelters, and a 60-year track record of six major zinc discoveries brought into production. As global infrastructure spending in the U.S. and China drives zinc demand growth, and with the metal's critical role in the energy transition, Group Eleven is positioned to deliver significant leverage to rising commodity prices through a de-risked exploration pathway.

Group Eleven Resources is led by a highly experienced management team with deep expertise in Irish zinc exploration, capital markets, and corporate development. The board and management combine over 150 years of relevant industry experience, with specific success in discovering and advancing zinc projects in Ireland.

• Bart Jaworski, CEO: Geologist and former mining equity analyst with >25 years experience, co-founder of Group Eleven, including 12 years with Raymond James and Davy, with regional identification of the Coffee Creek anomaly
• David Furlong, COO: Geologist with >25 years industry experience, co-founder of Group Eleven, previously General Manager at Rathdowney Resources
• Dr. Mark Holdstock, Project Manager: Geologist with >30 years experience, led team that discovered >20Mt 'SWEX extension' at Navan mine in Ireland, previously Managing Director at Aurum Exploration Services
• Jasmine Lau, CFO: Chartered Professional Accountant with 16 years resource sector experience, also CFO of Minaurum Gold, Forte Minerals, and Cascadia Minerals

Group Eleven Resources is executing a focused growth strategy centered on advancing its Ballywire discovery toward resource definition while maintaining its valuation anchors at Stonepark and Ballinalack. The company is conducting an aggressive >25,000-meter drilling program using three rigs through early 2027, fully funded from its existing treasury of C$8.4 million, to systematically test the 6km by 2km prospective trend and expand the high-grade massive sulphide zones discovered to date. This exploration strategy is designed to deliver multiple resource updates and potentially a preliminary economic assessment within the next 18-24 months.

Environmental stewardship and community engagement are integral to Group Eleven's approach, with all exploration activities conducted under Ireland's stringent environmental regulations and in close consultation with local landowners and stakeholders. The company's technical team leverages decades of Irish zinc exploration experience to apply the latest geophysical and geological modeling techniques, including the use of calcite bodies as vectors for mineralization. While Ballywire represents the primary growth driver, Group Eleven continues to evaluate strategic partnerships and joint venture opportunities across its extensive land package to maximize value creation while managing exploration risk.

As of August 2025, Group Eleven Resources maintains a strong financial position with C$8.4 million in cash, including proceeds from a recent C$5.75 million bought deal financing closed in July 2025. The company has a basic share count of 258.1 million shares, with a market capitalization of approximately C$85.1 million based on a C$0.33 share price, representing a compelling valuation for a company with both established resources and a new high-grade discovery. The fully diluted share count of 278.5 million includes 4.7 million options and 15.8 million warrants, providing manageable dilution potential.

The company's capital structure features strong insider and strategic ownership, with Michael Gentile holding 14.2% and Glencore holding 14.1% of basic shares, aligning management with shareholder interests. Daily average trading volume of 376,200 shares across TSX-V and OTCQB provides reasonable liquidity for investors. With its fully funded 25,000-meter drilling program at Ballywire requiring no additional capital raises in the near term, Group Eleven is well-positioned to deliver steady news flow and resource growth without immediate dilution risk, creating a favorable risk-reward profile for investors seeking zinc exposure.

Group Eleven Resources Corp. represents a unique investment opportunity in the base metals sector, combining a new high-grade zinc-lead-silver discovery with established NI 43-101 resources in one of the world's most prospective and mining-friendly jurisdictions. With the Ballywire discovery demonstrating exceptional grades over significant widths and remaining open for expansion across a 6km by 2km area, the company has clear potential to deliver a transformational resource update that could re-rate the stock significantly.

The company's experienced management team, strong institutional backing from Michael Gentile and Glencore, and fully funded exploration program provide multiple catalysts through 2025-2027. As global infrastructure spending and the energy transition drive sustained demand for zinc, Group Eleven is positioned to become a leading zinc developer in Europe. For investors seeking leveraged exposure to base metals through a de-risked exploration story with near-term catalysts and strong technical fundamentals, Group Eleven Resources presents an attractive opportunity to participate in the next major zinc discovery in Ireland.