Group Eleven Resources Corp. announced that a two-rig drill program has begun at the Company's 100%-owned Ballywire zinc-lead-silver discovery (?Ballywire?), PG West Project (?PG West?), Republic of Ireland. Highlights: Two drill rigs have been mobilized to Ballywire with drilling to commence over the next few days; Drilling will focus on the gravity-high anomalies along strike from the discovery area at Ballywire, spanning a strike-length of approximately 2.9km; Drilling is planned to also include step-outs from recently reported high-grade intersections.

Background Information on Ballywire Discovery: Ballywire is located in the SE portion of the Company's 100%-owned PG West Project, Republic of Ireland. PG West, including the nearby Tullacondra prospect, covers an area of 650km2 and is contiguous with the Company's Stonepark project (covering 184km; 76.56% interest). Ballywire is located approximately 20km SE of Glencore's Pallas Green deposit1 and approximately 50km SW of the historic Lisheen zinc mine (closed in 2015).

Geologically, Ballywire is situated at the intersection of the SW projection of the Rathdowney Trend, hosting the past-producing Lisheen and Galmoy zinc mines, and the Pallas Green Corridor, which hosts the undeveloped Pallas Green deposit. Historic drilling at the Ballywire prospect was sparse, last being worked by operators in 2008. Group Eleven staked the prospect in 2016 and announced the discovery in September 2022.