Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Join the dots
Glencore owns the Pallas Green deposit which is which is adjacent to Stonepark and in the vicinity of PG West
Glencore has now endorsed twice totalling $1.5m in Stonepark Zinc Project
Stonepark MRE totals 5.1 million tonnes grading 8.7% zinc and 2.6% lead (11.3% combined) in the Inferred Category (see news release dated April 17th, 2018), located approximately one kilometre west of the Pallas Green zinc-lead deposit1
https://www.groupelevenresources.com/news/index.php?content_id=105
Glencore Canada Corporation (“Glencore”) has exercised its right to appoint Ken Klassen to Group Eleven’s board of directors.
https://www.groupelevenresources.com/news/index.php?content_id=104
"Ken is an experienced and well-respected lawyer in the international and Canadian mining industries, with an extensive background in mergers and acquisitions"
https://www.groupelevenresources.com/news/index.php?content_id=104
And last month 12 Aug 2020
Glencore Canada Corporation (“Glencore”) has exercised its right to appoint Ken Klassen to Group Eleven’s board of directors
Vancouver, Canada, August 12th, 2020 – Group Eleven Resources Corp. (TSX.V: ZNG; OTC: GRLVF; FRA: 3GE) (“Group Eleven” or the “Company”) is pleased to announce that Glencore Canada Corporation (“Glencore”) has exercised its right to appoint Ken Klassen to Group Eleven’s board of directors.
Bart Jaworski, CEO of Group Eleven, commented: "we very much welcome Ken to the board and look forward to working with him to further grow shareholder value. Ken is an experienced and well-respected lawyer in the international and Canadian mining industries, with an extensive background in mergers and acquisitions and corporate law. With Group Eleven’s key focus of advancing our Limerick zinc licenses in Ireland, Ken's experience will provide valuable insights and guidance as we work toward unlocking the full potential of the region."
Mr. Klassen recently served on the Board of Trustees of Noranda Income Fund, which owns and operates an electrolytic zinc processing facility in Salaberry-de-Valleyfield, Québec. His last full-time executive role was as the General Counsel of Glencore plc, based in Baar, Switzerland, until retiring in 2016. In this role, Mr. Klassen was responsible for Glencore’s global legal function including a team of in-house lawyers supporting Executive Management, business operations and its Board of Directors. Prior to joining Glencore, Mr. Klassen had a successful 20-year career as a Canadian M&A and corporate lawyer at leading Canadian law firms.
Mr. Klassen commented, “this is an exciting time for Group Eleven with its recent streamlined focus on the Limerick region of Ireland and impressive drill results from the Carrickittle zinc prospect a few weeks ago. I look forward to working closely with the team at Group Eleven to further unlock shareholder value.”
For those who forgot in May 2020
Arkle Resources sees shares soar as JV partner Group Eleven secures further funding from Glencore
https://www.proactiveinvestors.co.uk/companies/news/919747/arkle-resources-sees-shares-soar-as-jv-partner-group-eleven-secures-further-funding-from-glencore-919747.html
10 Sep 2020
Stonepark Zinc Project is the one to watch out for.
Group Eleven Resources Corp. (TSXV: ZNG) (OTC: GRLVF) (FRA: 3GE) ("Group Eleven" or the "Company") is pleased to announce that it has commenced drilling at the Stonepark zinc project ("Stonepark") in the Republic of Ireland . Stonepark is a joint venture between Group Eleven (76.56% interest) and Arkle Resources PLC (23.44% interest). Plans for follow-up drilling at the Company's Carrickittle zinc prospect ("Carrickittle") located on the 100%-interest PG West zinc project in are nearing completion and will be announced over the next few weeks.
Highlights:
Drill program at Stonepark consists of two step-out holes, planned to total approximately 810 metres (360 metres and 450 metres, respectively)
Holes will test extensions of the Stonepark Mineral Resource Estimate ("MRE")
Stonepark MRE totals 5.1 million tonnes grading 8.7% zinc and 2.6% lead (11.3% combined) in the Inferred Category (see news release dated Apil 17th, 2018), located approximately one kilometre west of the Pallas Green zinc-lead deposit1
"We are excited to start drilling at Stonepark and look forward to updating the market on plans for follow-up drilling at Carrickittle in a few weeks," stated Bart Jaworski , CEO. "The Limerick basin is proving to be a very prospective zinc-lead camp and we look forward to progressing exploration in the near-term."
https://money.tmx.com/en/quote/ZNG/news/7016577726378043/Group_Eleven_Commences_Drilling_at_Stonepark_Zinc_Project_in_Ireland