SOURCE: Grenville Gold Corporation

October 11, 2007 09:15 ET

3D Video of Pacococha Mine Tunnels, Veins and Stopes Received by Grenville

VANCOUVER, BC--(Marketwire - October 11, 2007) - Grenville Gold Corporation (TSX-V: GVG) (OTCBB: GVLGF) (FRANKFURT: F9I) (WKN: A0KELU) ("Grenville" or "the Company") has received the completed 3D video images of the Pacococha Mine and have made them available on the front page of the Grenville website at www.grenvillegoldcorp.com.

"It is only with video representation of the past work in this area does the size and scope of the project become apparent," stated A. Paul Gill. "The 3D model contains information on the Pacococha mine, only one of the four mines in the area. The 3D model provides graphic images of 24 veins, 20 levels of adits and associated tunnels and covers 6 square kilometers of workings. We are pragmatic in our approach and are systematically advancing this project every day."

Grenville has advanced the Silveria property as rapidly as possible towards production since acquiring the claims in January 2007. Grenville has completed a NI 43-101 on the project, purchased 3393 Ha of land, digitized previous mine plans, completed a topographical map, received TSX-V approval on June 1, 2007, obtained a blasting permit and started stockpiling mineralized rock for transportation to one of the local mills in the area for processing. Grenville's subsidiary Inversiones Minera Alexander S.A.C. is the only company in this area with 100% ownership of all of its mineral claims. Grenville has is on good working terms with all the communities in the area. The Silveria NI 43-101 Geological Report is available at:

http://www.grenvillegoldcorp.com/Properties/Silveria/tabid/63/Default.aspx

Project Update

Grenville is building up the camp at the Silveria Project while continuing the stockpiling of mineralized rock. The rate of stockpiling mineralized rock is scheduled to increase to 2500 tons per month.

For 2007, Grenville has completed or is currently working on:

* The 43-101 on Silveria Project
* TSX Approval for Inversiones Minera Alexander S.A.C. purchase received
* Topographical mapping of the project area
* Digitizing mine plans related to mine workings in 1960-1991
* The purchase of 3393 Ha of land underlying the four mines from the local
community
* Obtaining a blasting permit
* Stockpiling rock for transportation
* A complete 3D Model of the Pacococha Mine
* Continued rehabilitation of several mine portals
* A complete 3D model of the Millotingo Mine
* Completion of a scoping study by Knight Piesold on viable tailings
storage
* An updated and complete list of new mineral titles added
* Assaying samples from the face of some of the 44 veins recorded on the
project
* Negotiating further agreement with the area communities
* An offer to acquire and/or control a local mill
* Creation of a new access road
* A plan to transporting mineralized rock
* A plan to assess and process mineralized rock economically
* A plan to assess the quantity and quality of tailing located on-site
* An exploration plan for the Silveria Property

Further information on the Silveria Project is located at:

http://www.grenvillegoldcorp.com/Corporate/CorporatePresentations/tabid/74/ Default.aspx

About Grenville Gold Corporation

Grenville Gold www.grenvillegoldcorp.com is a junior resource company seeking prospective properties in Peru and Ecuador. The Company has three operating subsidiaries: 90%-owned Inversiones Mineras Alexander S.A.C. in Peru which owns the Silveria Property, Espanola Property and the Chorobal Property, Minera MineGreville S.A. in Ecuador which has an option to acquire the La Tigrera Project, and Parkman Diamond Corp. in Ontario, Canada which owns the Parkman Diamond Prospect. Grenville Gold plans to leverage the experience of its board and management in exploration and mining to develop its growth strategy in North and South America.


On behalf of the Board of Directors,

"A. Paul Gill"
President & CEO
Ph. 604-669-8842
info@grenvillegold.com

We Seek Safe Harbour

The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX Venture Exchange, the British Columbia Securities Commission, the Ontario Securities Commission, and the Alberta Securities Commission.

Contact Information

  • Contact:
    A. Paul Gill
    President & CEO
    Ph. 604-669-8842
    Email Contact