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Company Fact Sheet
Date of Report: May 20
Company Name: Grenville Gold Corp.
Stock Symbol: GVG
Exchange: Venture
Company Website: www.grenvillegoldcorp.com
Section A. Financial
1.  When was the Company incorporated? before 2000
2.  Nature of current operations: Exploration
3.  Shares outstanding: 31,984,845
4.  Shares fully diluted: 40,069,378
5.  Options outstanding (grouped in reverse order by date):
1 (most recent) 2 3 4
Number 980,000 230,000    
Price $0.30 $0.60    
Expiry 1/2012 6/2011 Mo./Yr Mo./Yr
6.  Warrants outstanding, excluding brokers' warrants (in reverse order by date):
1 (most recent) 2 3 4
Number 1,733,333 3,071,200    
Price $0.45 $0.80    
Expiry 1/2008 6/2009 Mo./Yr  
7.  Financings in the past 24 months:
1 (most recent) 2 3 4
Number of shares 1,733,333 3,071,200 110,000  
Price of shares $0.30 $0.60 $0.20  
Number of warrants (excluding brokers' warrants) 1,733,333 3,071,200 11,000  
Exercise price of warrants $0.45 $0.80 $0.30  
8. Total number of shareholders: 1000-1999
9.  Insider holdings:
Number of shares 6,914,488
Number of options 2,312,222
Number of warrants 1,240,000
10.  Is there a share-based incentive plan?
11.  If yes, detail:
12.  Is there a Shareholders' Rights Plan in place? No
13.  Does a larger unrelated mining company hold greater than 5% of common shares, or is a joint venture with a larger company now in place? No
14.  Cash and short-term investments on hand ($):
15.  Book value of ABCP ($): $0-99k
16.  How many geologists (full-time equivalent) are engaged  1
          by the company?
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Section B.  On the subject of the lead geologist:
1. Name: Manuel Escalano
2. Is this a Qualified person as defined in terms of NI 43-101? No
3. Years of experience in the field: 15-20
4. Has this person played a key role in advancing a project from early exploration to:
a) historic (non-compliant) resource, pre-NI 43-101
If yes, detail:
b) NI 43-101 resource estimate
If yes, detail, if different from above:
c) joint venture with or buyout by a larger mining company
If yes, detail, if different from above:
d) an operating mine
If yes, detail, if different from above:
Section C.  On the subject of the lead executive responsible for financing:
1.  Name: A. Paul Gill
2.  Years of experience in the field: 1-5
3.  Total funds ($CAD) raised for this company: <4.9m
4.  Total funds ($CAD) raised in the mining sector: 10m-19.9m
Section D.  Property #1
1. Name of the property: Silveria Property
2. Location: Peru
3. Key resource targets (up to four): Silver Copper Zinc Gold
4. Is there paved road access to the property? No
5. Distance to the nearest major city: 20-49.9 km.
6. Distance to the nearest adequate power grid: 20-49.9 km.
7. Distance to the nearest adequate water supply: <5 km.
8. Distance to the nearest adequate labour supply: 5-9.9 km.
9.  Distance to the nearest rail suitable for transport: 20-49.9 km.
10.  Distance to the nearest port suitable for transport: 50 km.+
11.  Distance to the nearest protected wildlife refuge: 50 km.+
12.  Distance to the nearest tourist resort: 50 km.+
13.  What is the mean elevation (msl) of the property? 1000-4999m.
14.  Has this property been meaningfully mined before? Yes
15.  If yes, please describe any remaining usable infrastructure: Two Old Milling Facilities, Bunkhouses, and other related workshops - all require refurbishing
16.  Is this property currently an operating mine? No
17.  If no, distance to the nearest mine for target metals: <5 km.
18.  Name of that mine and operator: Corichanca Mine, Gold Hawk Resources
19.  Is there a NI 43-101 compliant resource report for the property? No
20.  If yes, please describe the key report estimates:
21.  If no, distance to nearest property with NI 43-101  <5 km.
          compliant resource report.
22.  Name of that property and operator: Corichance Mine, Gold Hawk Resources
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23.  Is the property owned outright by the company? Yes
24.  If no, has the company secured mineral rights? Yes
25.  If no, has the company secured surface rights? Yes
26.  Does the company have permitting to explore the property? Yes
27.  Does the company have permitting to mine the property? Partially
28.  Total metres of drilling now completed:
29.  Total metres of drilling planned for next 12 months: 5,000-9,999
30.  Number of drilling rigs now on the property:
31.  Number of new rigs planned for next 12 months: 2
32.  Number of months/yr. this property is open to exploration: 10
33.  Number of months/yr. this property is open to mining: 12
34.  Exploration budget on this property for next 12 months: $ 5.8 million
35.  Has metallurgical testing been completed in support of the case  No
          for successful recovery of target metals for this deposit?
For this property, describe up to the three best drilling results:
Hole number 1
36.  Name No Drill Results
Mineralized Metres  Metal  Grade Measure
37. - 40.        
       
       
Hole number 2
41.  Name No Drill Results
Mineralized Metres  Metal  Grade Measure
42. - 45.        
       
       
Hole number 3
46.  Name No Drill Results
Mineralized Metres  Metal  Grade Measure
47. - 50.        
       
       
51.  Website link to detailed drilling results:
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Section E.  Property #2
1. Name of the property: La Espanola
2. Location: Peru
3. Key resource targets (up to four): Copper Gold Iron Rhenium
4. Is there paved road access to the property? No
5. Distance to the nearest major city: 20-49.9 km.
6. Distance to the nearest adequate power grid: 50 km.+
7. Distance to the nearest adequate water supply: 20-49.9 km.
8. Distance to the nearest adequate labour supply: 10-19.9km.
9.  Distance to the nearest rail suitable for transport: 20-49.9 km.
10.  Distance to the nearest port suitable for transport: 50 km.+
11.  Distance to the nearest protected wildlife refuge: 50 km.+
12.  Distance to the nearest tourist resort: 50 km.+
13.  What is the mean elevation (msl) of the property? 1000-4999m.
14.  Has this property been meaningfully mined before? Yes
15.  If yes, please describe any remaining usable infrastructure: No usable infrastructure
16.  Is this property currently an operating mine? No
17.  If no, distance to the nearest mine for target metals: 50 km.+
18.  Name of that mine and operator: Unkown
19.  Is there a NI 43-101 compliant resource report for the property?
20.  If yes, please describe the key report estimates: Unknown
21.  If no, distance to nearest property with NI 43-101 
          compliant resource report:
22.  Name of that property and operator: Unknown
23.  Is the property owned outright by the company? Yes
24.  If no, has the company secured mineral rights? Yes
25.  If no, has the company secured surface rights? Yes
26.  Does the company have permitting to explore the property? Yes
27.  Does the company have permitting to mine the property? No
28.  Total metres of drilling now completed:
29.  Total metres of drilling planned for next 12 months: 5,000-9,999
30.  Number of drilling rigs now on the property:
31.  Number of new rigs planned for next 12 months: 2
32.  Number of months/yr. this property is open to exploration: 10
33.  Number of months/yr. this property is open to mining: 12
34.  Exploration budget on this property for next 12 months: $1,000,000
35.  Has metallurgical testing been completed in support of the case  No
          for successful recovery of target metals for this deposit?
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For this property, describe up to the three best drilling results:
Hole number 1
36.  Name N/A
37. - 40. Mineralized Metres  Metal  Grade Measure
       
       
       
Hole number 2
41.  Name N/A
42. - 45. Mineralized Metres  Metal  Grade Measure
       
       
       
Hole number 3
46.  Name N/A
47. - 50. Mineralized Metres  Metal  Grade Measure
       
       
       
51.  Website link to detailed drilling results:
Additional comments provided by the Company
Grenville Gold Gears Up for Near-Term Production
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