GVG Grenville Gold Corp. (delisted)

Grenville Gold Corporation's ("Grenville" or "the Company") (TSX
VENTURE:GVG)(PINK SHEETS:GVLGF)(FRANKFURT:F9I)(WKN:A0KELU) 99.99% owned
subsidiary Minera Espanola S.A.C., has an agreement to receive a 7% Gross
Over-Riding Revenue (GORR) from the Alternativa I (200 Ha) and Alternativa II
(200 Ha) Claims at the 7,129 Ha Espanola Property. The assignee, Amercian Silver
S.A.C. (AS) must apply for mining permits and pay for all costs associated with
mining.


If shipment of material has not proceeded 6 months from the official
registration with the Peruvian government, AS must pay $5000 USD per month or
forfeit the mining assignment. AS had indicated there were access problems to
the site and a one month extension was provided. The current date for production
to start is now September 24, 2009. Should production not start, the monthly fee
of $5,000 USD will be due as of October 1, 2009.


Results from a 2007 exploration program give copper contents that vary from
0.03% to 12.96% and average 4.25% (n equals 49). Silver concentrations vary
between 0.3 to 139.0 g/t and average 16.10 g/t (n equals 49). Mineralization is
locally gold anomalous with concentrations reaching up to 1.67 g/t.


This News Release has been reviewed by Luc Pigeon, M.Sc., P. Geo and Qualified
Person in the sense of NI 43-101 for the Espanola Property.


On behalf of the Board of Directors,

A. Paul Gill, President & Director

We Seek Safe Harbor.

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