Grenville Receives Expressions of Interest on Peru Projects

  Grenville Gold Corporation ("Grenville" or "the Company"), (TSX VENTURE: GVG)(PINK SHEETS: GVLGF)(FRANKFURT: F9I)(WKN: A0KELU) announces it has received an expression of interest on its two Peru projects, Espanola and Silveria.

The company has previously retained Intercapital Canada Inc. ("Intercapital") for financial advice and Asesoria Legal Y Empresarial S.A.C. ("ALESAC") for legal advice. Representatives of Intercapital and ALESAC are currently attending meetings in China and Peru, respectively.

The company cautions shareholders that there is no assurance that a specific proposal will arise as a result of the expressions of interest. Negotiations resulting from an expression of interest may or may not result in any specific transaction and no timetable has been set for the completion of any potential transaction.

In addition, Grenville also announces that it will be attending a number of investment conferences within the next month:

-- January 25-26, 2009 10 am - 5 pm, The 2009 Vancouver Resource Investment Conference, booth # 415 at the Vancouver Convention & Exhibition Centre, 200, 999 Canada Place, Vancouver.

-- January 31, 2009, 9 am - 6 pm Money Expo '09 at the Victoria Conference Centre, 720 Douglas Street, Victoria. B.C.

-- February 1, 2009, 9 am - 6 pm Money Expo '09 at the Vancouver Island Conference Centre, 101 Gordon St, Nanaimo, B.C.

-- February 6, 12 noon - 6 pm, February 7 9 am - 6pm, The World Outlook Conference, Westin Bayshore Hotel, 1601 Bayshore Drive, Vancouver.

About Grenville Gold Corporation (www.grenvillegoldcorp.com)

Grenville's Silveria Silver-Zinc-Lead Copper Project covers a total of 6,188 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.

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.

The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts: Macam Investor Relations Toll Free: 1-866-264-0743 Email: [e-mail] Website: www.macamgroup.com Grenville Gold Corporation Paul Gill President & CEO [phone] Email: [e-mail] Website: www.grenvillegoldcorp.com