Grenville Gold finishes 3-D video of Pacococha
2007-10-11 09:49 ET - News Release
Mr. Paul Gill reports
3D VIDEO OF PACOCOCHA MINE TUNNELS, VEINS AND STOPES RECEIVED BY GRENVILLE
Grenville Gold Corp. has received the completed 3-D video images of the Pacococha mine and has made them available on the front page of the Grenville website.
"It is only with video representation of the past work in this area does the size and scope of the project become apparent," stated A. Paul Gill. "The 3-D model contains information on the Pacococha mine, only one of the four mines in the area. The 3-D model provides graphic images of 24 veins, 20 levels of adits and associated tunnels, and covers six square kilometres of workings. We are pragmatic in our approach and are systematically advancing this project every day."
Grenville has advanced the Silveria property as rapidly as possible toward production since acquiring the claims in January, 2007. Grenville has completed an NI 43-101 on the project, purchased 3,393 hectares of land, digitized previous mine plans, completed a topographical map, received TSX-V approval on June 1, 2007, obtained a blasting permit and started stockpiling mineralized rock for transportation to one of the local mills in the area for processing. Grenville's subsidiary Inversiones Minera Alexander SAC is the only company in this area with 100-per-cent ownership of all of its mineral claims. Grenville is on good working terms with all the communities in the area. The Silveria NI 43-101 geological report is available at the company's website.
Project update
Grenville is building up the camp at the Silveria project while continuing the stockpiling of mineralized rock. The rate of stockpiling mineralized rock is scheduled to increase to 2,500 tonnes per month.
For 2007, Grenville has completed or is currently working on:
- The 43-101 on Silveria project;
- TSX approval for Inversiones Minera Alexander purchase received;
- Topographical mapping of the project area;
- Digitizing mine plans related to mine workings in 1960 to 1991;
- The purchase of 3,393 hectares of land underlying the four mines from the local community;
- Obtaining a blasting permit;
- Stockpiling rock for transportation;
- A complete 3-D model of the Pacococha mine;
- Continued rehabilitation of several mine portals;
- A complete 3-D model of the Millotingo mine;
- Completion of a scoping study by Knight Piesold on viable tailings storage;
- An updated and complete list of new mineral titles added;
- Assaying samples from the face of some of the 44 veins recorded on the project;
- Negotiating further agreement with the area communities;
- An offer to acquire and/or control a local mill;
- Creation of a new access road;
- A plan to transport mineralized rock;
- A plan to assess and process mineralized rock economically;
- A plan to assess the quantity and quality of tailing located on site;
- An exploration plan for the Silveria property.
We seek Safe Harbor.
