Group Eleven drills 6.9m of 18.3% Zn+Pb and 86 g/t Ag at Mojave

Vancouver, British Columbia--(Newsfile Corp. - July 7, 2026) - Group Eleven Resources Corp. (TSXV: ZNG) (OTCQB: GRLVF) (FSE: 3GE) (" Group Eleven " or the " Company ") is pleased to announce assay results from four new holes at its Ballywire discovery (" Ballywire ") at the 100%-owned PG West Project (" PG West "), Ireland. Highlights: 26-3552-60 - Drilled 50m downdip of 26-3552-57 (which intersected 11.8m of 13.4% Zn+Pb and 45 g/t Ag; announced 28-May-2026), intersected: 45.0m of 6.0% Zn+Pb (3.7% Zn and 2.3% Pb) and 28 g/t Ag (from 346m downhole), incl. 1.9m of 11.5% Zn+Pb (3.4% Zn and 8.1% Pb) and 43 g/t Ag , and 3.8m of 9.5% Zn+Pb (1.7% Zn and 7.9% Pb) and 34 g/t Ag , and 3.1m of 7.6% Zn+Pb (4.8% Zn and 2.8% Pb) and 41 g/t Ag and 6.9m of 18.3% Zn+Pb (13.9% Zn and 4.4% Pb) and 86 g/t Ag , incl. 2.4m of 40.9% Zn+Pb (30.0% Zn and 10.9% Pb) and 185 g/t Ag Assays from the Deeper Cu-Ag target are pending 26-3552-54 - Testing Deeper Cu-Ag target at NE extension of the Ballywire discovery, representing a 275m step-out from nearest such test, intersected several Cu-Ag zones, including: 4.7m of 67 g/t Ag, 0.88% Cu and 0.10% Sb, incl. 2.6m of 95 g/t Ag , 1.35% Cu and 0.16% Sb , incl. 0.8m (76cm) of 254 g/t Ag , 3.41% Cu and 0.46% Sb 26-468-23 - Drilled at SW extension of discovery, 375m away from nearest drill fence: 21.2m of 6.4% Zn+Pb (2.7% Zn and 3.7% Pb), 50 g/t Ag , incl. 2.8m of 7.7% Zn+Pb (6.2% Zn and 1.5% Pb), 34 g/t Ag and 6.3m of 10.9% Zn+Pb (2.9% Zn and 8.1% Pb), 122 g/t Ag , 0.12% Cu, incl. 2.6m of 14.2% Zn+Pb (1.9% Zn and 12.3% Pb), 195 g/t Ag , 0.22% Cu 26-3552-55 - Representing first hole drilled at gravity-high anomaly 'D' , and implying a step-out distance of 265m from nearest drilling, returned numerous zones of weaker mineralization prospective for nearby massive sulphide mineralization; follow up