RE: A road to Riches10 Jun 2020 01:07
**discussions continue with third parties regarding the future of Stonepark**
Parties - Plural
You have Glencore who carry a mcap of 24 billion!!! having already bought into G11 who are our partners at Stonepark. You’ll never see a more bullish sign ever on the stock market, you can be absolutely certain they want our 23.44% ahead of anyone else.
**Group Eleven believes Stonepark has the potential to host a Tier-1 discovery such as the Navan zinc deposit.**
Some info on the Navan Zinc Deposit (largest zinc deposit in europe)
The Navan Orebody is a world-class carbonate-hosted Zn–Pb deposit mined by the Boliden Group. It is currently the largest Zn mine in Europe producing around 2.5 mtpa at grades of 7.0% Zn, 1.4% Pb using underground open stoping methods. This presentation will describe the exploration history of the orebody and current geological syntheses. The deposit was discovered in late 1970 by Tara Exploration and Development Ltd. The discovery, like many Irish Zn–Pb deposits was largely the result of shallow soil trace element geochemistry. The size of the Navan discovery, estimated in the early 70s as nearly 70 Mt @ 10.1% Zn and 2.6% Pb, was unprecedented in Ireland and Tara's early days involved significant legal and political difficulties, not least the loss of the near-surface Nevinstown section of the orebody due to actions by third parties.