Group Eleven Resources Corp. announced drill results from five (5) step-out holes at its 100%-owned Ballywire zinc-lead-silver discovery (Ballywire), PG West Project (PG West), Republic of Ireland. One more step-out hole (plus two nearby regional holes) and germanium assays remain pending from the Ballywire area, with results expected over the coming weeks.

G11-3552-03 (160m easterly step-out) returned 11.2m of 8.9% Zn+Pb (5.6% Zn and 3.3% Pb) and 83 g/t Ag, including 4.7m of 9.7% Zn+Pb (3.7% Zn and 6.0% Pb) and 79 g/t Ag (true width estimated to be 90-100% of drilled interval), G11-468-13 (50m northerly step-out) returned 9.7m of 7.5% Zn+Pb (4.3% Zn and 3.2% Pb) and 43 g/t Ag, in a wider interval totaling 30.4m of 4.3% Zn+Pb (3.0% Zn and 1.4% Pb) and 25 g/t Ag, including 5.6m of 9.8% Zn+Pb (4.8% Zn and 5.1% Pb) and 60 g/t Ag (true width of 90-100%), G11-468-15 (80m easterly step-out) returned 4.9m of 11.8% Zn+Pb (2.6% Zn and 9.2% Pb) and 84 g/t Ag (true width of 90-100%), G11-468-14 (80m easterly step-out, 50m south of G11-468-15) returned 10.2m of 4.4% Zn+Pb (0.7% Zn and 3.7% Pb) and 19 g/t Ag, including 3.0m of 8.0% Zn+Pb (0.8% Zn and 7.2% Pb) and 38 g/t Ag (true width of 70-90%) Mineralization above consists of sphalerite and galena, occurring bedding-parallel at or near the base of the Waulsortian Limestone which dips gently to the south-southeast. The Ballywire prospect at the Company's 100%-owned PG West Project in Republic of Ireland, is a new zinc-lead-silver discovery (initially announced in September 2022). In addition to 15 holes drilled and reported by Group Eleven to date, five (5) step-out holes are reported today.

These holes step out from previously known mineralization by 50m to the north, 80m to the east and 160m to the east.