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Message: Grenville Gold to identify Silveria drill targets

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Grenville Gold to identify Silveria drill targets

posted on Oct 19, 07 07:02PM

Grenville Gold to identify Silveria drill targets

2007-10-19 09:53 ET - News Release

Mr. A. Paul Gill reports

GRENVILLE TO IDENTIFY DRILL TARGETS & WILL ATTEND TORONTO RESOURCE INVESTMENT CONFERENCE OCT. 21 & 22, 2007

Grenville Gold Corp. invites investors to visit the company's booth at the 2007 Toronto Resource Investment Conference at the Metro Toronto Convention Centre, South building, 255 Front St. West, Toronto, Ont., which runs from Oct. 21 to Oct. 22, 2007.

Silveria project update

Grenville has recently hired an exploration manager to start the process of identifying drill targets for the Silveria project.

For 2007, Grenville has completed or is currently working on the following:

  • The 43-101 on the Silveria project;
  • Toronto Stock Exchange approval for Inversiones Minera Alexander SAC purchase received;
  • Topographical mapping of the project area;
  • Digitizing mine plans related to mine workings from 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;
  • Hired exploration manager;
  • 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 agreements 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.

Further information on the Silveria project is located at the company's website.

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