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Grenville's Silveria Land Package Now Totals 3959 ha of Mineral Titles, New Dire

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-11-23
VANCOUVER, BC--(MARKET WIRE)--Nov 22, 2007 -- Grenville Gold Corporation (TSX-Venture: GVG)(Other OTC: - ) (Frankfurt: - ) (WKN: A0KELU) ("Grenville"or "theCompany") has received reports from its 90% owned subsidiaryin Peru thatthe mineral titles in the Silveria region now total 3959ha. This includes2487.23 ha in mineral titles that have been granted by INACC,141 ha ofmineral titles won by auction and 1330.76 ha of mineraltitles purchased. Anews release April 11, 2007 reported on StockWatch outlinesGrenville'sunderstanding of the acquisition of mineral concessionsin Peru throughstaking.

Mining concessions must be registered at the Instito NacionaldeConcesiones y Catastro Minero ("INACC"). INACC is the Peruvianagency thatmanages the mineral rights of the Country. All concessionsmust beregistered at INACC. The owner of a concession registeredat INACC is thelegal owner of this concession. Concession boundaries arespecified on theapplication by indicating the locations of the corners ofthe concessions.Coordinates must be specified to the nearest one thousand(1,000) metresUTM coordinate and boundaries must be orientated north-southand east-west.Concessions awarded before 1992 can have irregular coordinates.Theseconcessions have specific corners that were legally surveyedin the fieldand must be registered at INACC.

Former Corporate Secretary Stacy Broadoway has tenderedher resignation inorder to proceed with other activities. Also, Mark Macdonald,Director hastendered his resignation. The company thanks both for theirparticipationin the last year during the transition period. The companyhas alsocancelled the 1,500,000 Stock Options (each exercisableat $0.50) announcedNovember 8, 2007.

The company is pleased to announce the appointment of MelvinRokosh asCorporate Secretary. In fulfilling the role of both CFOand CorporateSecretary, Mr. Rokosh will consolidate and bring 'in-house'this importantrole. Also, the company welcomes Roger Neilson Farrier,C.A. as anIndependent Director.

About Grenville Gold Corporation

Grenville Gold is a junior resource companyseeking prospective properties in Peru and Ecuador. TheCompany has threeoperating subsidiaries: 90%-owned subsidiary in Peru whichowns theSilveria Property, Espanola Property and the Chorobal Property,MineraMineGreville S.A. in Ecuador which has an option to acquirethe La TigreraProject, and Parkman Diamond Corp. in Ontario, Canada whichowns theParkman Diamond Prospect. Grenville Gold plans to leveragethe experienceof its board and management in exploration and mining todevelop its growthstrategy in North and South America.

 On behalf of the Board of Directors,"A. Paul Gill"President & CEOPh. (604) 669-8842

We Seek Safe Harbour

The TSX-Venture Exchange has not reviewed and does not acceptresponsibility for the adequacy or accuracy of this release.Allstatements, other than statements of historical fact, includedherein areforward-looking statements that involve various risks anduncertainties.There can be no assurance that such statements will proveto be accurate,and actual results and future events could differ materiallyfrom thoseanticipated in such statements. Important factors that couldcause actualresults to differ materially from the Company's expectationsare disclosedin the Company's documents filed from time to time withthe TSX VentureExchange, the British Columbia Securities Commission, theOntarioSecurities Commission, and the Alberta Securities Commission.

Distributed by Filing Services Canada and retransmittedby Marketwire

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