VANCOUVER, March 31, 2020 /CNW/ - Group Eleven Resources
Corp. (TSX.V: ZNG; OTC: GRLVF; FRA: 3GE) ("Group Eleven" or
the "Company") today provides an update on the Company's
response to the COVID-19 situation in the Republic of Ireland.
The Company has been closely monitoring the latest developments
of the novel coronavirus (COVID-19) through the World Health
Organization and the Health Service Executive in Ireland. The safety of staff, their families,
stakeholders and local communities is the Company's top priority
and Group Eleven is fully committed to adopting all available
measures to mitigate the spread of COVID-19. All Group Eleven staff
have been working from home since mid-March and will continue to do
so for the duration of the crisis. To date, no staff member has
exhibited symptoms of COVID-19, nor tested positive for the virus.
The Company's 2020 fieldwork program is currently scheduled to
begin in May 2020, however, Group
Eleven will continue to monitor the situation to assess if start-up
needs to be delayed.
On Friday, March 27th,
2020, the government of Ireland
announced that all non-essential work in the country must cease
until at least April 12th,
2020, subject to further notice. Earlier that day, the regulatory
body responsible for mineral exploration in Ireland (the Exploration and Mining Division
or "EMD") issued a statement with the following guidelines:
- All Licensees shall continue to submit work reports and
confidential summary of work sheets as per their current licence
reporting dates;
- If applicable, reports should note any effects on work and
expenditure programmes from COVID-19 preventative measures;
and
- EMD will take into account these effects on the work programmes
for each prospecting licence on a case by case basis at the time of
reporting;
Based on the above directives, Group Eleven will only commence
fieldwork once restrictions on non-essential work in Ireland are lifted. Regardless of whether
fieldwork is or is not allowed to proceed, the Company will
continue to submit regular work reports to the EMD, noting any
COVID-19 related issues.
"The COVID-19 crisis is first and foremost on our minds and we
are taking all necessary steps to protect our staff, their families
and local communities," stated Bart
Jaworski, CEO. "We very much appreciate the EMD providing
comfort that prospecting licenses can be kept in good standing if
COVID-19 related fieldwork restrictions prohibit us from fulfilling
certain spending requirements, provided of course, that all other
requirements are satisfied."
Group Eleven reiterates that, after non-essential work
restrictions are lifted, the Company's fieldwork will employ strong
precautionary measures, including social-distancing, personal
protective equipment and enhanced hygiene. Any guideline updates
from local or federal authorities in Ireland will be strictly implemented on a
timely basis. Group Eleven will provide updates on COVID-19
impacts, as appropriate.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
About Group Eleven Resources
Group Eleven Resources Corp. (TSX.V: ZNG; OTC: GRLVF and FRA:
3GE) is a mineral exploration company focused on advanced stage
zinc exploration in Ireland. The
Company's two key projects in Ireland include: a 75.56% interest in the
Stonepark project (joint ventured with Arkle Resources plc),
located near Limerick, next to one
of the world's largest undeveloped zinc deposits: Pallas Green
deposit; and a 60% interest in the Ballinalack project (joint
ventured with Nonfemet - one of the largest zinc producers in
China), located in north-east
Ireland, hosting potential for a
second zinc horizon in the Navan Beds. The Company's team includes
accomplished mining professionals with direct experience in finding
mines, building companies and exploring Irish zinc deposits.
Additional information about the Company is available at
www.groupelevenresources.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Bart Jaworski, P.Geo.
Chief Executive Officer
Cautionary Note Regarding Forward-Looking Information
This press release contains forward-looking statements within
the meaning of applicable securities legislation. Such statements
include, without limitation, statements regarding the future
results of operations, performance and achievements of the Company,
including the timing, content, cost and results of proposed work
programs, the discovery and delineation of mineral
deposits/resources/ reserves and geological interpretations.
Although the Company believes that such statements are reasonable,
it can give no assurance that such expectations will prove to be
correct. Forward-looking statements are typically identified by
words such as: believe, expect, anticipate, intend, estimate,
postulate and similar expressions, or are those, which, by their
nature, refer to future events. The Company cautions investors that
any forward-looking statements by the Company are not guarantees of
future results or performance, and that actual results may differ
materially from those in forward looking statements as a result of
various factors, including, but not limited to, variations in the
nature, quality and quantity of any mineral deposits that may be
located. All of the Company's public disclosure filings may be
accessed via www.sedar.com and readers are urged to review these
materials, including the technical reports filed with respect to
the Company's mineral properties.
SOURCE Group Eleven Resources Corp.
