Grenville Gold Corporation
TSX VENTURE : GVG
FRANKFURT : F9I
PINK SHEETS : GVLGF

Grenville Gold Corporation

October 01, 2009 15:20 ET

Grenville's Neighbour Goldhawk Sells 85% of Mill and Mine to European Major Nyrstar

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 1, 2009) - Grenville Gold Corporation ("Grenville" or "the Company"), (TSX VENTURE:GVG)(PINK SHEETS:GVLGF)(FRANKFURT:F9I)(WKN:A0KELU) has learned that the mill and mine adjacent to Grenville's Silveria Property has been purchased. Gold Hawk Resources Inc. has entered into a share purchase agreement with Nyrstar, whereby Nyrstar (http://www.nyrstar.com) will acquire an 85-per-cent interest in Compania Minera San Juan (Peru) SA (CMSJ), Gold Hawk's Peruvian operating subsidiary, for $15-million (U.S.). Nyrstar is a Belgian company created on 31 August 2007 by combining the zinc and lead smelting and alloying operations of Zinifex (an Australian mining company) and Umicore (a Belgian materials technology company).

Nyrstar is a leading, well-financed, global multi-minerals business, producing significant quantities of zinc and lead as well as other products (including silver, gold and copper).

Grenville will continue with its plans to develop the 6,122 Ha Silveria Property. Grenville recently announced a Letter of Intent (LOI) to purchase 100% of 13 claims owned by Minera Sunicancha S.A.C. totalling 1,250 Ha. Grenville upon completion, Grenville will directly own 7,272 Ha of mineral titles.

Further information and property maps are available at www.grenvillegold.com.

On behalf of the Board of Directors,

A. Paul Gill, President & Director

We Seek Safe Harbor.

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