GVG Grenville Gold Corp. (delisted)

Grenville Gold Corporation ("Grenville" or "the Company"), (TSX
VENTURE:GVG)(PINK SHEETS:GVLGF)(FRANKFURT:F9I)(WKN:A0KELU) announces that Minera
Grenville S.A.C., Grenville's 99.99% owned subsidiary, has completed the
purchase of all shares of Bella Rubia S.M.R.L. As owners of Bella Rubia
S.M.R.L., Grenville is the current owner of the assets of Bella Rubia which are
11 claims totaling 148 Ha within the Silveria area. 


Grenville currently owns a total of 6,122 hectares at Silveria. The property is
not encumbered by a Net Smelter Royalty (NSR) or further option payments.
Grenville has appointed a new Manager for Bella Rubia S.M.R.L. and is working on
re-establishing its exploration and development permits. Grenville plans to
remove bulk samples for testing at a local mill to determine ore composition and
metal recoveries. Grenville expects to expand the operation if positive results
are obtained and if sufficient ore is identified during the exploration program.


"Grenville is continuing with its goals of developing the Silveria Property",
stated A. Paul Gill, CEO. "We continue to engage in positive dialogue with all
stakeholders in the area to attract interest. Furthermore, we have recently
hired Gateway Solutions S.A.C and Luc Pigeon M.Sc., P.Geo to oversee our
Peruvian interests and insure transparency during the upcoming exploration
program. Mr. Pigeon and Gateway Solutions are independent from Grenville. 


Another company has claimed that an option on the Bella Rubia claims exists
pre-dating Grenville's ownership. Securing Bella Rubia S.M.R.L. protects
Grenville's investment in the Bella Rubia claims.


Grenville President and CEO A. Paul Gill held meetings in Peru with groups
interested in the projects owned by Grenville. Grenville is in the process of
preparing further documents for review.


About Grenville Gold Corporation (www.grenvillegoldcorp.com) 

Grenville's strategy is to focus on two key properties in Peru, with past
production, with both high grade and disseminated mineralization.


Grenville's Silveria Silver-Zinc-Lead Copper Project covers a total of 6,122
Hectares and is located approximately 80 kilometers east of Lima, Peru near the
town of San Mateo and 30 kilometers south-west of Peru Copper's Toromocho
property and Pan American Silver's Morococha Mine. The Silveria claims encompass
the high grade, past producing Pacococha, Millotingo, Silveria and Germania
Mines.


The 7,129 Hectare Espanola Copper-Gold Project is 100 kilometres southeast of
Lima and hosts two high grade past producing mines and numerous underground
workings. The project is located 15 km east of the producing Raul/Condestable
Mines.


On behalf of the Board of Directors,

A. Paul Gill, President & Director

We Seek Safe Harbor.

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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