Dear
Friends,
At the beginning of a new year, we
are looking forward to a year in which silver will finally have it’s time to
shine in the markets.
We also look forward to the time
at which we can define the full potential of the Silveria Project.
The Silveria
Area:
Gold Hawk Resources is currently
in commercial production at 400 tons per day 3-4 kms away near the town of
San Mateo.
They are producing from a maximum of 6 major veins. Our 43-101 has
defined 44 veins in the Silveria Region, 24 at Pacococha alone from with 14 have
had high grade silver extracted (see Feb.5, 2008 release below for
details)
Glencore, Vulcan, Pan American
Silver and Peru Copper (Recently bought by Chinese interests for $ 847 million
USD) all have mills and deposits in the area.
Solway, Hothschild Peru
and Glencore have reviewed data from the property.
The
Progress:
Journey Resources has pledge $ 5.8
million over the next year (payable in tranches March 15, 2008, June 15, 2008
and November 30, 2008) to develop the project to its full
potential.
We are pleased with the progress
we have made with the Silveria project since we announced its’ acquisition in
January, 2007.
The Silveria Technical Report may
be downloaded from the following link:
http://www.grenvillegoldcorp.com/Corporate/LatestAnalysisReports/tabid/73/Default.aspx
Grenville completed a digitization
program that identified the location of the high grade silver, zinc, copper and
lead. From that, a simple 3D Model of the former
Pacococha
Mine was developed without the
mineral identification and can be viewed at:
http://www.youtube.com/watch?v=2szDziTAzTs
Further, a new powerpoint has been
published (attached) and is available at the following link.
http://www.grenvillegoldcorp.com/Corporate/CorporatePresentations/tabid/74/Default.aspx
Specifically, it identifies the
exclusive land agreement with the Community of Viso and provides a copy of the
land Viso has owned and has been identified by the government as owning since
1966. Grenville has the only agreement to legally use the surface rights
covering a majority of four mines in the area.
Latest
News:
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GRENVILLE AND
JOURNEY ANNOUNCE JOINT VENTURE ON SILVERIA - Tuesday, February 05,
2008
VANCOUVER, BRITISH COLUMBIA - Journey
Resources Corp. (“Journey”) (TSX-V: JNY, FRANKFURT: JL4, OTCBB:
JNYRF) and Grenville Gold Corporation (TSX-V: GVG.V, OTCBB: GVLGF.PK, FRANKFURT:
F9I.F, WKN: A0KELU) (“Grenville”)
are pleased to announce that, subject to regulatory approval, they
have entered into a joint venture agreement (the “Joint Venture
Agreement”), whereby Journey may acquire from Grenville, through its
wholly subsidiary, up to a 75% interest in and to certain mining
claims comprising the Silveria property, located in the Huarochiri
Province of Peru (the “Property”), by funding up to a total of
$11,800,000 million in exploration and development expenditures
towards advancing the project into production.
read more ...
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GRENVILLE CLOSES
PRIVATE PLACEMENT - Monday, February 04,
2008
Vancouver, B.C. – Grenville Gold
Corporation (“Grenville” or “the Company”), (TSX Venture: GVG,
OTCBB: GVLGF, Frankfurt: F9I, WKN: A0KELU) is pleased to announce
that the TSX Venture
Exchange has accepted for filing, a non-brokered private placement
of 1,733,333 Units at a price of $0.30 per Unit for total proceeds
of $520,000, together with a share purchase
warrant, each warrant being exercisable to
purchase one common share at an exercise price of $0.45 for a period
of one year from the date of closing (the “Private
Placement”). The Company has now closed on the Private
Placement.
read more ...
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SILVER BREAKS $
16 US - GRENVILLE GOLD INVITES INVESTORS TO VANCOUVER
RESOURCE INVESTMENT CONFERENCE - Tuesday, January 15,
2008
Grenville Gold Corporation will review the
progress of its the Silveria Project in Peru at the Resource
Investment Conference Sunday and Monday, January 20 – 21, 2008, held
at the Vancouver Convention and Exhibition Centre, 200 - 999 Canada
Place, Vancouver, British Columbia. Grenville will be
exhibiting at Booth # 1821 and personnel will be available to
discuss its projects between 10:00 am and 5:00 pm
PST.
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GRENVILLE
APPOINTS MR. FRANK RICCIUTI TO THE BOARD OF DIRECTORS - Monday,
January 14, 2008
Vancouver, B.C. –
Grenville Gold
Corporation
is pleased to announce the appointment of
Mr. Frank Ricciuti as an independent member of the Board of
Directors of the Company. Mr. Ricciuti is currently the President of
Efjay Consulting Ltd., a private financial and corporate advisory
management company. Mr. Ricciuti also serves on the Board of
Directors of four public companies; DEQ Systems Corp., Novik Inc.,
Gotar Inc. and Augyva Mining, all TSX and TSX Venture listed
companies. During his career Mr. Ricciuti served on
the Board of numerous public and private companies including
Glendale International Corp., dot com Entertainment, Cortec Inc.,
Roxy Resources, Petrolympia and Hope Brook Gold. He also
served as a Director of Enerplus, a TSE-listed Oil Royalty
Income Trust and Investment Banking firms Research Capital, Merril
Lynch Canada and Scotia Capital
[formerly McLeod Young Weir].
read more ...
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ACQUISITION OF PROCESSING PLANT NEXT STEP
IN SILVERIA DEVELOPMENT PLAN - Thursday, November 08,
2007
Vancouver, B.C. –
Grenville Gold Corporation (“Grenville” or “the Company”, TSX Venture: GVG,
OTCBB: GVLGF, Frankfurt: F9I (WKN: A0KELU) announces that the company is
assessing the economic viability of acquiring, leasing, building or refurbishing
a processing plant in the vicinity of the Silveria Project. A processing
facility is part of a comprehensive development plan for the Silveria Project
which includes:
read more ...
Best
Regards,
A. Paul
Gill,
President &
CEO, Director
Grenville Gold
Corp.
pgill@grenvillegold.com
www.grenvillegold.com
T.604-669-8842 ext.
103
C.604-785-6343
F.604-669-9204