SOURCE: Heritage First Capital

October 03, 2007 09:25 ET

Grandview Gold Added to Micro Cap Money Index on OTCMoney.com

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Heritage First Capital & Equity Research Group.

Gold Exploration Company Mobilizes Diamond Drill Rigs and Geologists to Key Project Areas Within Nevada's Carlin Trend, Ontario's Red Lake Gold District and Manitoba's Rice Lake Gold District

ORLANDO, FL--(Marketwire - October 3, 2007) - Heritage First Capital & Equity Research Group (HFC), a financial research & data publisher, is pleased to announce the addition of Grandview Gold, Inc. (OTCBB: GVGDF) (TSX: GVX) to their Microcap Money Index of profiled companies.

The Gold industry selection of Grandview Gold is the only Basic Materials sector company listed under the Microcap Money Index designation at MicrocapMoney.com (or www.OTCMoney.com).

The following recent events have prompted index coverage for Grandview Gold, which trades on the Toronto Stock Exchange (TSX: GVX) and OTC Bulletin Board (OTCBB: GVGDF).

Tuesday October 2, 2007 -- Grandview Mobilizes Diamond Drill to Rice Lake Gold District

Grandview has mobilized a diamond drill to its 578 acre (234 hectare) Angelina Gold Property in Manitoba's emerging Rice Lake Gold District. From summer prospecting at the Property, eight surface samples returned anomalous gold values over an area of approximately 450 metres by 150 metres (1476 by 492 feet). Two samples contained VG (visible gold) and assayed 16.6 g/tonne gold and 15.2 g/tonne gold. A third sample returned 10.8 g/tonne gold.

September 26, 2007 -- Grandview Completes Initial 1,497 Metres (4911 ft) Drilling on Carlin Trend / Drill Rig Mobilized to 1.426 Million oz Gold Inferred Resource Area

Grandview announces the completion of 1,497 metres (4911 feet) of drilling over six holes at the Pony Creek West target on the Company's 28 square-mile Pony Creek/Elliott Dome Property on the Carlin Trend in Nevada. The initial 1,497 metres of drilling represents the first of three stages of drilling over three target areas planned for the Property during 2007. The Pony Creek West target sits just west of Grandview's 1.426 million ounce (NI 43-101 compliant) gold inferred resource area (Pony Creek South and North).

September 19, 2007 -- Grandview Announces Significant Red Lake Drilling Results

Grandview announces new assay results on 1,802.5 metres (5912 ft) of diamond drilling completed over the final nine holes on its Dixie Lake Property in the Red Lake District of Ontario, Canada. Several high grade gold intervals containing visible gold, characteristic of a Red Lake vein type deposit, have been intersected. The results confirm the discovery of a new mineralized zone indicated earlier in the 2007 drilling program, as well as the continuation of four existing mineralized zones.

These announcements highlight Grandview Gold's portfolio of prime gold projects on the Carlin Trend (second richest gold district in the world), the Red Lake Gold District (richest gold district in Canada), and Manitoba's Rice Lake Gold District (next to 1.4 million oz Rice Lake Gold Project).

Heritage First Capital, publishers of MicrocapMoney.com and the Microcap Money Index has listed Grandview Gold as one of the most undervalued junior gold exploration companies anywhere. Investors should note that Grandview's Pony Creek/Elliott Dome project is the largest consolidated land position on the Carlin Trend, not already owned by a major.

The Company's application of advanced geology, geochemical and geophysical science to reduce costs and maximize gold discovery potential is reinforced by a corporate team representing over 250 years of cumulative geological experience spanning 3 generations.

A Grandview Gold profile is instantly available at http://www.microcapmoney.com/company6.php.

About Grandview Gold, Inc. (OTCBB: GVGDF) (TSX: GVX)

Grandview Gold Inc. is a gold exploration company focused on creating shareholder value by applying advanced geology, geochemical and geophysical science to reduce exploration and development costs at numerous high-grade gold properties in the major gold camps of North America, including; the Carlin Trend in Nevada, the Red Lake Mining District in Ontario, Canada and Manitoba's emerging Rice Lake Gold District. www.GrandviewGold.com

Other stocks that HFC Research Group and/or OTCMoney.com are actively following, include:

Goldcorp, Inc. (NYSE: GG) (TSX: G), U.S. Gold Corp. (AMEX: UXG) (TSX: UXG) and Dendreon Corp. (NASDAQ: DNDN).

About Heritage First Capital & Equity Research Group

Financial publishers since 2001, HFC has built a loyal opt-in, subscriber-based following for their investor products, including; the Smallcap Brief newsletter, TripleCrownStocks.com (www.TCStocks.com) and MicrocapMoney.com (www.OTCMoney.com). HFC's websites are recognized for in-depth profiles on smaller cap companies and provide comprehensive market data for individual investors and financial professionals at no cost. www.HeritageFirst.com

This release contains certain "forward-looking statements" relating to Grandview Gold, and any statements may or may not reflect the views of Grandview with respect to future events, which are subject to certain risks, uncertainties and assumptions. When used, the words "estimate," "expect," "anticipate," "believe" and other similar expressions are intended to identify such forward-looking statements. There are many factors that could cause the actual results, performance or achievements of Grandview to be materially different from any future results, performances or achievements that may be expressed or implied by such forward-looking statements. Further management discussions of risks and uncertainties can be found in the company's quarterly filings with the appropriate regulatory bodies. Heritage First Capital & Equity Research Group has been paid a fee by Connect Corporate Communications on behalf of Grandview Gold, Inc. Full disclosure terms are posted within the company's profile on OTCMoney.com. HFC Research Group is not a registered investment advisers or a broker/dealer and makes no recommendation that the purchase of securities of companies profiled in this release is suitable or advisable for any person, or that an investment of such securities will be profitable. In general, given the nature of the company featured and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.

Contact Information

  • HFC Equity Research Group
    Scott Gibson
    407.444.5959
    Email Contact

    Grandview Gold Inc.
    Paul Sarjeant, B.Sc, P.Geo
    President & CEO
    416.486.3444 x113
    Email Contact