SOURCE: Grenville Gold Corporation

January 18, 2007 14:20 ET

Grenville Adds Silveria and Germania Mines to San Mateo District Land Package

VANCOUVER, BC -- (MARKET WIRE) -- January 18, 2007 -- Grenville Gold Corporation (TSX-V: GVG) (PINKSHEETS: GVLGF) ("Grenville" or "the Company") is pleased to announce that its Peruvian subsidiary, Inversiones Mineras Alexander S.A.C., has acquired additional mineral concessions from the Ministerio de Energia y Minas Peru which encompass the past-producing Silveria and Germaina Mines as well as the previously announced Pacacocha and Milotingo Mines. All four past-producing mines are located in the San Mateo Mining District, Province of Huarochiri, Department of Lima, Peru. The total land package is 1650 Ha.

"We view the acquisition of the San Mateo land package as a defining acquisition for Grenville. This brings to 5 the number of past-producing mines Grenville has acquired in Peru," stated A. Paul Gill, President & CEO.

The Mining District of San Mateo is located 98 kms from Lima by paved highway, is accessible from the highway via a 27 km gravel road and has access to electrical power.

Grenville has retained the services of MineFill Services Inc., to complete independent and NI 43-101 compliant reports on the properties. Minefill has informed Grenville a crew will be deployed to Peru within a week to begin the assessment process. Grenville is pleased to report it has obtained production records, mine plans and related information to assist the reporting process.

Further updates related to new development will be reported when available.

About Grenville Gold Corporation

Grenville Gold ( is a junior resource company in 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 ext. 103.

On behalf of the Board of Directors,

"A. Paul Gill"
President & CEO


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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