Grenville's Neighbour Goldhawk Sells 85% of Mill and Mine to European Major Nyrstar
October 01 2009 - 3:20PM
Marketwired
Grenville Gold Corporation ("Grenville" or "the Company"), (TSX
VENTURE: GVG)(PINK SHEETS: GVLGF)(FRANKFURT: F9I)(WKN: A0KELU) has
learned that the mill and mine adjacent to Grenville's Silveria
Property has been purchased. Gold Hawk Resources Inc. has entered
into a share purchase agreement with Nyrstar, whereby Nyrstar
(http://www.nyrstar.com) will acquire an 85-per-cent interest in
Compania Minera San Juan (Peru) SA (CMSJ), Gold Hawk's Peruvian
operating subsidiary, for $15-million (U.S.). Nyrstar is a Belgian
company created on 31 August 2007 by combining the zinc and lead
smelting and alloying operations of Zinifex (an Australian mining
company) and Umicore (a Belgian materials technology company).
Nyrstar is a leading, well-financed, global multi-minerals
business, producing significant quantities of zinc and lead as well
as other products (including silver, gold and copper).
Grenville will continue with its plans to develop the 6,122 Ha
Silveria Property. Grenville recently announced a Letter of Intent
(LOI) to purchase 100% of 13 claims owned by Minera Sunicancha
S.A.C. totalling 1,250 Ha. Grenville upon completion, Grenville
will directly own 7,272 Ha of mineral titles.
Further information and property maps are available at
www.grenvillegold.com.
On behalf of the Board of Directors,
A. Paul Gill, President & Director
We Seek Safe Harbor.
Contacts: Grenville Gold Corporation A. Paul Gill President
& Director (604) 303-1051 info@grenvillegold.com
www.grenvillegoldcorp.com
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