Group Eleven Resources Corp.G
Group Eleven Resources Corp. (TSXV: ZNG) is an Ireland-focused zinc-lead-silver explorer with three projects along the Rathdowney Trend. Its exploration focus is the Ballywire discovery on the PG West project in County Limerick, a September 2022 zinc-lead-silver discovery now traced across 3.2 km of strike, with high-grade step-out results including germanium credits and four active drill rigs, but no mineral resource estimate yet. Stonepark (78.62% Group Eleven, 21.38% Arkle Resources plc), found by Teck Resources' 2007-2011 drilling, hosts an inferred resource of 5.3 Mt at 11.15% zinc plus lead (8.55% zinc, 2.60% lead; CSA Global for SLR Consulting, effective 15 March 2018), with one drill rig extending it; the company's Stonepark page quotes 5.1 Mt at 11.3%, which does not match that statement. Ballinalack, a 60/40 joint venture with Shenzhen Zhongjin Lingnan Nonfemet, one of China's largest zinc producers, hosts an inferred resource of 5.4 Mt at 8.7% zinc plus lead (7.6% zinc, 1.1% lead) and 9.0 g/t silver (CSA Global, effective 30 August 2018), from Group Eleven's 2018 drilling plus historic drilling back to the 1970s, across 170 km2 of prospecting licences. Neither resource has a measured or indicated category, and no economic study has been completed on any project.
Notable vs. Peers
- Financials score of 6.4/10 is stronger than the peer average of 4.2/10.
Lifecycle Milestones
Jurisdiction (40%)9/10
All three projects (PG West/Ballywire, Stonepark, Ballinalack) sit in Ireland, an EU member state with a long, well-established zinc-mining history (e.g. the nearby producing Tara/Navan zinc-lead mine, ~50km from Ballinalack) -- a stable, top-tier-rule-of-law jurisdiction.
Infrastructure (40%)No verified figure
Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at PG West Project (Ballywire Discovery), County Limerick, Ireland (checked Sep 30, 2026; recheck due Mar 29, 2027). Counts at a neutral 5/10 until one does.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:3.5/10
Stage: Resource Definition
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:9/10
Ireland: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:2/10
Primary commodity: Zinc
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
CEO and Director of Group Eleven Resources Corp., co-founder. Geologist and former mining-equity analyst with 20+ years' experience, including 12 years with Raymond James and Davy. BSc Geology, UBC.
Chair and Director of Group Eleven Resources Corp. Retired President and CEO of MAG Silver Corp; 40 years' mineral-exploration experience, directed the high-grade Juanicipio/Valdecañas silver-vein discoveries. BSc Geology, St. Francis Xavier University.
A Non-Executive Director of Anglesey Mining plc (AIM: AYM); also a director of Group Eleven Resources Corp. President of Energold and a board member of Excellon Resources Inc. Was President and Chief Executive Officer of Excellon Resources, a Mexican silver producer, from 2012 to July 2022, and was formerly Vice President Corporate Development with the Pelangio group. Began his career as an associate lawyer at Davies Ward Phillips & Vineberg LLP and is a member of the Law Society of Upper Canada.
Director of Group Eleven Resources Corp. Finance Manager at Glencore Zinc, joined Glencore 2014 across finance, commercial and business-development roles in Latin America. Finance degree, University of Arkansas.
Canadian junior-mining-sector strategic investor, described in his own press coverage as holding top-five positions in more than 20 small-cap resource companies. Frequently personally leads or anchors non-brokered private placements at companies he backs, often becoming the largest single disclosed shareholder and, in some cases, a director.
Chief Executive Officer and Director of Highland Copper Company Inc.; also a director of Group Eleven Resources Corp. Joined Highland in February 2022 as CFO, was appointed Interim CEO in October 2023, and confirmed as CEO in 2024. Chartered Professional Accountant with an Honours Business Administration degree from the Ivey Business School; 20+ years of finance experience. Prior to Highland, was CFO of Fiore Gold Ltd. (restarted the Pan Mine, Nevada; later acquired by Calibre Mining Corp). Spent eight years with New Gold Inc., first as VP Finance (operational analytics, financial planning and capital project controls for new mine construction) and then as VP Business Development (corporate development, investor relations and strategic capital allocation).
Chief Financial Officer of Minaurum Silver Inc.; also Chief Financial Officer of Cascadia Minerals Ltd. and Group Eleven Resources Corp. (CPA, BCom) A member of the Chartered Professional Accountants of British Columbia who has focused her career in the resource and pharmaceutical industries. Has served as CFO and was the controller of several public exploration companies with projects throughout the world, including over 10 years as controller of Minaurum. In addition to her experience with junior resource companies she worked at Teck Resources Ltd. as a SOX Auditor, and prior to Teck worked for Deloitte & Touche LLP's Vancouver Assurance & Advisory group, focusing on audits of public mining and resource companies. Earned a Bachelor of Commerce from the University of British Columbia.
COO of Group Eleven Resources Corp., co-founder. 22+ years' industry experience as a geologist; 7 years as General Manager of Projects at Rathdowney Resources Ltd. BSc Exploration and Mining Geology, University of Wales.
Project Manager of Group Eleven Resources Corp. Professional geologist, 30+ years in exploration across Noranda and Boliden; led the team that discovered the 20Mt+ SWEX extension to the Navan Zn-Pb orebody in Ireland.
Corporate Secretary of Group Eleven Resources Corp. A decade of corporate-governance experience; acts as Corporate Secretary for several TSX/TSXV/CSE-listed companies.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
No smart-money tracking (institutional/large-investor activity) for this miner yet — this is a planned feature, not live data.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Group Eleven Resources is a zinc-lead-silver explorer with three projects on Ireland's Rathdowney Trend. Its main focus is the Ballywire discovery at the PG West project in County Limerick, found in September 2022 and traced over 3.2 km of strike, which has no mineral resource yet. Stonepark (78.62% Group Eleven, 21.38% Arkle Resources) hosts an inferred resource of 5.3 Mt at 11.15% zinc plus lead (8.55% zinc and 2.60% lead, effective 15 March 2018; the company's project page quotes 5.1 Mt at 11.3%, which does not match that statement), and the Ballinalack joint venture (60% Group Eleven, 40% Shenzhen Zhongjin Lingnan Nonfemet) hosts an inferred resource of 5.4 Mt at 8.7% zinc plus lead and 9.0 g/t silver. Neither resource has a measured or indicated category, and no economic study has been published for any of the three projects.