Big picture - Why invest in Group Eleven Resources Ltd.
Group Eleven Resources Ltd. Snapshot
The Company controls the largest ground position in Ireland, consisting of 99 prospecting licenses covering 3,200 square kilometres across four project areas. Across the individual project areas, the Company has sought to acquire dominant land positions that offer superior brownfield exploration potential.
LOCATION MAP SHOWING THE COMPANY’S PROJECTS IN IRELAND
The properties are located within the established Irish Zinc District and are near or adjacent to major historic mines or deposits. The Irish Zinc District has been a major source of zinc production since the 1960s and is currently home to some of Europe’s largest zinc projects including the Navan (Tara) Zinc-Lead mine (Boliden), the Pallas Green deposit (Glencore) and the past producing Lisheen mine (Vedanta) and Galmoy mine (Lundin Mining).
The district is known for carbonate hosted zinc-lead deposits, also known as Irish-type zinc deposits. The four project areas controlled by the Company all are considered highly prospective for economic Irish-type zinc lead deposits.
1 The historical estimate at the Ballinalack Project is set out in a report prepared by the Robertson Group plc (“Robertson”) in 1991. Significant data compilation, re-drilling, re-sampling and data verification may be required by a qualified person before this historical estimate can be classified as a current resource. A qualified person has not yet undertaken sufficient work to classify this historical estimate as a current resource and the Company is not treating the historical estimate as a current resource.
Scientific and technical information in set out in this website has been approved by John Barry, who is a Qualified Person for the purposes of National Instrument 43-101 and who is the Vice President, Exploration Strategy of the Company
DIRECTOR AND CHAIR
Mr. MacInnis is the retired President and Chief Executive Officer of MAG Silver Corp. (“MAG”). During his tenure at MAG, he directed and led one of the mineral industry’s most successful explorers through the discoveries of the high-grade Juanicipio/Valdecanas silver veins and the discoveries of the Upper Manto and Pegaso silver, lead and zinc mantos at Cinco de Mayo, all in Mexico. Mr. MacInnis has forty years experience in mineral exploration worldwide. He has managed and directed multi-million dollar exploration programs for MAG, Noranda Exploration, Battle Mountain Gold/Hemlo Gold and Sargold Resources. Mr. MacInnis has extensive global experience (including Ireland) in exploration, property acquisitions and joint ventures, management and operations. A significant number of exploitable mineral discoveries have been made under his guidance, including gold and base metal deposits in the United States, Canada and Mexico. He is also a director of MAG and the present Chairman of the Board of Balmoral Resources Ltd. Mr. MacInnis is an accredited director and is a graduate of Saint Francis Xavier University with a B.Sc. in Geology.
CHIEF EXECUTIVE OFFICER AND DIRECTOR
Mr. Jaworski, based in Kilkenny, Ireland, has been the Chief Executive Officer and a director of the Company since incorporation and a director of GERL since June 15, 2015 and provides his services on a full time basis. Mr. Jaworski has over 20 years’ experience in the mining industry, commencing his career as an exploration geologist for over 6 years followed by 12 years as a mining analyst at J & E Davy and Raymond James Ltd. During his time as an exploration geologist he was involved in properties located in Canada, Russia and Costa Rica and was associated with the early stages of the Coffee Creek gold discovery in the Yukon. Mr. Jaworski has a Bachelors of Science (Hons) in Geology from the University of British Columbia.
Mr. Bitelli has over 30 years of experience in the resource industry and in public accounting, having worked both in North America and Europe. A member of the senior management team at the Lundin Group of Companies, he currently holds the position of Executive Vice President and Chief Financial Officer of Lundin Gold Inc. Prior to that, he served as Chief Financial Officer for Red Back Mining Inc., a gold mining company with two African operations that traded on the TSX until its $9.2 billion takeover in 2010, and most recently, Orca Gold Inc. He is also a director of one other natural resource company, Filo Mining Corp.
Mr. Cahill has been President and Chief Executive Officer of Excellon Resources Inc. since 2012, where he has led turnaround efforts at the high-grade silver/lead/zinc Platosa Mine in Durango, Mexico and the company’s milling operation in Zacatecas. Previously, he was Corporate Secretary and Vice President Corporate Development with the Pelangio group of companies, where he was involved in negotiating Pelangio Mines’ merger with Detour Gold Corp. and Pelangio Exploration’s acquisition of the Manfo Project in Ghana (site of seven subsequent gold discoveries). Mr. Cahill began his career as an associate lawyer at Davies Ward Phillips & Vineberg LLP, where he provided advice on a number of public/private M&A and financing transactions valued at over $15 billion. Mr. Cahill is a member of the Young President’s Association, a board member of the Mining Association of Canada and the Transplant Cabinet at the University Health Network, and a member of the Law Society of Upper Canada.
Canadian Corporate Office
Group Eleven Resources Corp.
Suite 1050 - 400 Burrard Street
Vancouver, BC V6C 3A6
T +1 604 630 8839
Spiros Cacos, MA
Vice President, Investor Relations
T +1 604 630 8839 Ext. 503
E [email protected]
Ireland Corporate Office
Unit 20B Zone C, Mullingar Business Park
Mullingar N91 PKW0
T +353 44 933 0518
Bart Jaworski (CEO)
T +353 85 833 2463
E [email protected]
David Furlong (COO)
T +353 87 979 3457
E [email protected]
Suite 2200 - 885 West Georgia
Vancouver, BC V6C 3E8
Davidson & Company LLP
Suite 1200 - 609 Granville Street
Vancouver, BC V7Y 1G6
TSX Trust Company
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