Grenville to Earn Production Revenue From High-Grade Espanola Copper-Silver-Gold Property

Grenville Gold Corporation ("Grenville" or "the Company"), (TSX
VENTURE:GVG)(PINK SHEETS:GVLGF)(FRANKFURT:F9I)(WKN: A0KELU) announces that
Minera Espanola S.A.C., Grenville's 99.99% owned subsidiary, has registered with
the Peruvian Government an agreement to assign mining rights of the Alternativa
I (200 Ha) and Alternativa II (200 Ha) Claims. There is no Net Smelter Royalty
payable to any other party.




Sample Highlights

-------------------------------
Sample         Au     Ag     Cu
#             g/t    g/t      %
-------------------------------
1451         1.61   22.4   8.93
1453         0.33  103.7   6.85
-------------------------------
1454         0.53   20.0   7.27
-------------------------------
1455         1.33   10.8  12.24
-------------------------------
1456         0.76    5.6  11.68
-------------------------------
1457         1.67   27.8  12.96
1463         0.07  139.0   6.49



"Grenville is continuing with its goals of developing no risk, no cost,
non-dilutive revenue streams," stated A. Paul Gill, CEO. "Grenville will
continue to look for innovative methods for revenue while developing its
Peruvian properties."


These Claims are part of a 3,600 Ha block, one of the seven claim blocks making
up the 7,129 Ha Espanola Property located 100 km South of Lima, Peru. A map
displaying the Claim blocks forming Grenville's Espanola Property is located
under the property section at www.grenvillegoldcorp.com. Grenville will receive
7% Gross Over Riding Revenue (GORR) from operations for the 10 year period of
the mining assignment. Grenville has appointed the local company American Silver
(AS) as the Operator. AS will pay for all costs of exploration, development,
mining operations, transportation, mining permits, and associated equipment and
labour costs during the assignment period. AS plans to remove bulk samples from
existing workings to determine the average metal content and recoveries.
Recently, road access and two portals have been rehabilitated for development
purposes. Mining activity in the area has occurred for the last 30 years.
Iberian Minerals Corp. owns approximately 92% of Compania Minera Condestable
S.A., owner of the Raul and Condestable Mines located roughly 15 kms from the
Espanola Property. The Raul Mine is in production and in 2007 produced 76,028
DMT of concentrates containing 19,204 FMT payable copper, 13,539 oz gold and
206,406 oz silver.(1)


AS has also been granted the right of first refusal to match any offer which
includes the two Alternativa claims should an offer be tendered by a third
party. Should AS not exercise its right of first refusal, Grenville will have
the right to purchase any NI43-101 Compliant Reserves identified for a maximum
of $100 USD/tonne. In addition, should shipment of material not proceed 6 months
from the official registration with the Peruvian government, AS must pay $5,000
USD per month or forfeit the mining assignment.


Economic mineralization on the Property is related to NNW striking steeply
dipping quartz + carbonate + chalcopyrite+ bornite +/- sphalerite +/- magnetite
veins hosted within well-defined fracture zones that formed in response to
regional scale tectonism. The Rosa Maria vein, which was exploited for over 20
years, is 0.5 m to 3.0 m wide. The upper level of the mine is located within the
oxidized level which is characterized by the presence of copper oxides and
carbonates such as tenorite, malachite, chrysocolla and cuprite. 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.




----------------------------------------------
Sample Easting Northing    Au    Ag    Cu   Zn
#       PSAD56   PSAD56   g/t   g/t     %    %
----------------------------------------------
1451    348100  8609070  1.61  22.4  8.93 0.02
----------------------------------------------
1452    348309  8609204  0.15   4.1  2.51 0.03
----------------------------------------------
1453    351332  8609156  0.33 103.7  6.85 0.03
----------------------------------------------
1454    351196  8609392  0.53  20.0  7.27 0.06
----------------------------------------------
1455    351202  8609402  1.33  10.8 12.24 0.05
----------------------------------------------
1456    351184  8609440  0.76   5.6 11.68 0.16
----------------------------------------------
1457    350870  8609758  1.67  27.8 12.96 0.05
----------------------------------------------
1458    350103  8608504  0.17   7.7  1.64 0.02
----------------------------------------------
1459    349884  8608516  0.10  40.6  6.68 0.05
----------------------------------------------
1460    349860  8608590  0.07  13.1  3.92 0.04
----------------------------------------------
1461    349954  8608378  0.01  12.1  1.40 0.03
----------------------------------------------
1462    349921  8608442  0.01  26.1  3.67 0.04
----------------------------------------------
1463    349986  8608464  0.07 139.0  6.49 0.07
----------------------------------------------
1464    349541  8608270  0.07  13.7  1.83 0.04
----------------------------------------------
1465    349438  8608200  0.39  38.1  4.30 0.03
----------------------------------------------
1466    349440  8608416  0.24  13.3  4.09 0.05
----------------------------------------------
1467    349610  8607392  0.01   0.8  1.91 0.05
----------------------------------------------
1468    349755  8607538  0.42  21.8  3.79 0.02
----------------------------------------------
1469    349935  8607754  0.60  12.5  4.95 0.02
----------------------------------------------
1470    349935  8607754  0.35  16.1  1.43 0.01
----------------------------------------------
1471    350040  8607750  0.20   6.9  3.23 0.02
----------------------------------------------
1472    350693  8606942  0.20  74.6  7.52 0.04
----------------------------------------------
1473    350534  8606880  0.24   8.3  0.30 0.01
----------------------------------------------
1474    350150  8607245  0.06  31.5  9.77 0.06
----------------------------------------------
1475    350170  8607355  0.12  15.6  2.27 0.01
----------------------------------------------
1476    351649  8607314  0.04   3.6  0.49 0.01
----------------------------------------------
1477    351860  8607380  0.08   3.0  0.47 0.00
----------------------------------------------
1478    352017  8607334  0.03   2.0  3.36 0.01
----------------------------------------------
1479    353910  8605348  0.41   1.8  3.48 0.05
----------------------------------------------
1480    353409  8605510  0.49   1.6  6.90 0.03
----------------------------------------------
1481    353200  8605660  0.74   1.3  3.97 0.02
----------------------------------------------
1482    353439  8605923  0.22   3.8  1.98 0.01
----------------------------------------------
1483    353326  8605928  0.83   2.9  5.29 0.01
----------------------------------------------
1484    353075  8605866  0.21   1.6  2.28 0.02
----------------------------------------------
1485    352351  8605770  0.33   3.3  2.60 0.06
----------------------------------------------
1486    352017  8605864  0.82  27.0  4.47 0.03
----------------------------------------------
1487    351921  8606149  0.46   8.8  7.30 0.06
----------------------------------------------
1488    351639  8606574  0.09   0.8  1.31 0.01
----------------------------------------------
1489    349128  8612380  0.04   2.8  4.56 0.04
----------------------------------------------
1490    349089  8612353  0.60   1.9  7.57 0.10
----------------------------------------------
1491    349137  8612242  1.15   9.0  6.29 0.15
----------------------------------------------
1492    350760  8607235  0.19   2.5  0.91 0.01
----------------------------------------------
1493    350760  8607235  0.42   7.6  7.44 0.02
----------------------------------------------
1494    350540  8607150  0.16  16.5  4.89 0.31
----------------------------------------------
1495    350371  8607198  0.52   5.0  4.17 0.22
----------------------------------------------
1496    350340  8607262  0.44   8.8  0.50 0.01
----------------------------------------------
1497    350260  8607480  0.16   0.4  0.37 0.01
----------------------------------------------
1498    352600  8608480  0.02   1.6  0.03 0.00
----------------------------------------------
1499    352400  8608540 -0.01   0.7  0.04 0.01
----------------------------------------------
1500    352160  8608610 -0.01   0.3  0.04 0.01
----------------------------------------------



Analyses for the samples reported herein were performed by Inspectorate Services
Peru S.A.C in Lima, Peru. Inspectorate Services Peru S.A.C. is an International
Organization for Standardization ("ISO") 9001: 2000 certified laboratory. The
official definition of the ISO 9001: 2000 Standard can be found at
www.iso.ch/iso/en/iso9000-14000/index.html. The precious and base metals
determinations were obtained using a combination of fire assay and/or atomic
absorption spectroscopy (FA/AAS) depending on the metal content of the samples.
For more information concerning the analytical methods utilized visit
http://www.inspectorate.com.pe/web/ geoquimica.html.


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 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 parts of the
high grade, past producing Pacococha, Millotingo, Silveria and Germania Mines.


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.


(1) The Qualified Person has been unable to verify the information. The
information is not necessarily indicative of the mineralization at Espanola. The
source is "Compania Minera Condestable S.A. Annual Report 2007, March 2008".


On behalf of the Board of Directors,

A. Paul Gill, President & Director

We Seek Safe Harbor.