{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Group Eleven Resources (TSXV:ZNG) - $18M Funds 70,000m Drill Program","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/25534950\"></iframe>","width":"100%","height":180,"duration":1291,"description":"Interview with Bart Jaworski, CEO of Group Eleven Resources Corp.\nOur previous interview: https://www.cruxinvestor.com/posts/group-eleven-resources-tsxvzng-25000m-drill-program-targets-multi-metal-growth-8219\nRecording date: 23rd April 2026\nGroup Eleven Resources has transformed its Ballywire discovery into what may become Ireland's most significant base metals find in over a decade. Since the initial drill hole in September 2022, the project has evolved from a single zinc-silver intercept into a potential district-scale polymetallic system spanning 3.2 kilometers of strike length.\nThe company recently secured $12 million in financing, bringing total available capital to $18 million and enabling 67,000 to 75,000 meters of drilling over the next two years without requiring additional capital raises. This represents a threefold expansion from the previously funded 20,000-meter program, providing CEO Bart Jaworski and his team the financial runway to systematically test what they believe could be a transformative discovery.\nThe geological understanding has undergone significant evolution. Beneath the flat-lying zinc-lead-silver horizon, Group Eleven has identified vertical copper-silver shoots representing the fault-controlled plumbing systems that originally fed the zinc deposit 350 million years ago. These copper-silver \"root systems\" have been proven in multiple locations 350-400 meters apart, with evidence suggesting they may connect along the entire strike length.\nJaworski outlined a \"24X multiplier\" framework representing the theoretical expansion potential: four gravity anomalies, three parallel trends, and two mineralized horizons. With only 25% of the prospective 6-kilometer trend systematically drilled to date, the company has substantial blue-sky exploration potential.\nWhile characterized as a zinc discovery, gross metal value analysis reveals silver contributing the majority of revenue at current prices. Grades typically range between 50-150 grams per...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}