SOURCE: Grenville Gold Corporation

February 15, 2007 16:27 ET

Grenville Adds New Director

VANCOUVER, BC -- (MARKET WIRE) -- February 15, 2007 -- Grenville Gold Corporation (TSX-V: GVG) (OTCBB: GVLGF) ("Grenville" or "the Company"), is pleased to announce Mr. Melvin T. Rokosh has joined the Board of Grenville Gold Corp.

Mr. Rokosh is a Certified Management Accountant (CMA), who has held various positions including Chief Financial Officer, Vice President Business Development, and Director, with both public and private sector companies. He brings over 30 years of business experience in finance, administration, planning, and development.

"Mr. Rokosh has the experience to provide invaluable assistance to Grenville Gold as it pursues its corporate growth strategy," stated A. Paul Gill, President & CEO.

Grenville Gold would also like to update shareholders on its properties located in Peru and Ecuador. Grenville has elected to drop its option to purchase the "Santa Christina Project" -- Santa Cristina de Chorobal S.A. Mining Company (see Stockwatch, May 25, 2006). In addition, Grenville has also repurchased 50% of the Rio De Oro Project from the Buckingham Group III and mutually agreed to terminate the Joint Venture Agreement on Rio De Oro (See Stockwatch, January 8, 2006). Grenville will now control 100% undivided interest in the Rio De Oro land package.

"With the termination of the Santa Christina Project, Grenville will be able to reallocate funds to the exploration and development of our current projects," stated A. Paul Gill, President & CEO.

In addition, Grenville announces that it has granted 75,000 options at a price of $0.52. Mr. Melvin Rokosh will receive 25,000 options and Stacy Broadoway will receive 25,000 options and 25,000 will be issued to a consultant. The options are exercisable for up to five years from the date of grant. The options are subject to a four-month hold period to commence from the date of grant.

About Grenville Gold Corporation

Grenville Gold is a junior resource company seeking prospective properties in Peru and Ecuador. The company has three subsidiaries: Inversiones Mineras Alexander S.A.C. in Peru, Minera MineGreville S.A. in Ecuador and Parkman Diamond Corp. in Ontario, Canada. 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. For further information contact 604-669-8842.

On behalf of the Board of Directors,

"A. Paul Gill"
President & CEO
Ph. 604-669-8842
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.

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