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GRENVILLE GOLD CORPORATION. FOCUSED ON ACQUIRING & DEVELOPING HIGH GRADE DEPOSITS IN PERU. May 2010. CORPORATE INFORMATION. Exchanges TSX-V GVG FrankfurtF91 US PINK SHEETGVLGF Shares Outstanding 55.4 M Web site www.grenvillegoldcorp.com. PERU’S STRATEGIC ADVANTAGES. - PowerPoint PPT Presentation
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GRENVILLE GOLD CORPORATIONFOCUSED ON ACQUIRING & DEVELOPING HIGH GRADE DEPOSITS IN PERU
May 2010
Exchanges
TSX-V GVG
Frankfurt F91
US PINK SHEET GVLGF
Shares Outstanding 55.4 M
Web site www.grenvillegoldcorp.com
CORPORATE INFORMATION
PERU’S STRATEGIC ADVANTAGES #1 Silver producing country in the
World
Top 5 Gold & Copper producing countries in the World
Competitive labour and cost structure
Property surrounded by operating mines
Multi-billion dollar commitment to Infrastructure spending
Silveria Project
Espanola Project
SILVERIA – ACTIVE DISTRICT
Green - Grenville – over 61 sq km
Red - Barrick Gold – 101 sq km
Burgundy - Rio Tinto – 40 sq km
Gold - Pan America Silver – 73 sq km
Teal - Glencore (Xstrata) – 131 sq km
PurplePurple - Minera San Juan * – 49 sq km - Minera San Juan * – 49 sq km
85% Purchased by Nyrstar
Royal Blue - Peru Copper/Chinalco - 20 sq km
Purchased by Aluminum Corporation of China (“Chalco”)
SILVERIA – INFRASTRUCTURE
• Located 10-15 km from major highway and town.
•10-15 km from Rail line.
• Located near large operating mills (Glencore, Vulcan, Pan American Silver)
• 10 km to Tamboraque (now Coricancha 85% owner NYRSTAR)
3,933 Ha agreement with communities of Viso & Parac (yellow)
Access to water & buildings onsite
Acces to workforce
www.grenvillegoldcorp.com
COMMUNITY AGREEMENTS IN PLACE
SILVERIA – MINING HISTORY AND GEOLOGY
Employed 420 minersArea mined 1960 to
1991Four historic mines, two
major operationsIP studies 1968No exploration drillingUnexplored IP Anomaly
SILVERIA – Past Producing & New Veins Identified Economic mineralization on the Property is
related to ubiquitous NE to ENE steeply dipping quartz, carbonate, galena, sphalerite, chalcopyrite veins hosted within well-defined fracture zones that formed in response to a regional scale tectonism.
The strongly mineralized zones within the veins (ore shoots) are sub-vertical and according to historical cross-sections, have vertical extents of more than 400 metres. The rock textures and metal zoning indicate an intermediate sulphidation environment.
(Gilbertson and O’Donovan, 2008).
SILVERIA PROPERTY – High Grade, Large TonnageGrades up to 2200 grams/tonne Silver, 7%
Lead, 19% Zinc
Pacococha Mine - Average Yearly production 250,000 ounces Silver for 28 years
Millotingo Mine – Average Yearly Production 1,000,000 ounces Silver for 30 years
Grenville owns 7,100 Ha Mineral Title over past mines
SILVERIA – Pacococha Mine 1964-1991Mine type: Polymetallic
Years in production: 27
Production from 2.7 million tons mill feed reported in Minefill 2007 report:
Silver 114g/t 8,057,156 Oz
Copper 1.68% 40, 538 Tons
Lead 0.81% 13,359 Tons
Zinc 3.11% 44,666 Tons
SILVERIA – Millotingo Mine 1961-1991Mine type: Polymetallic
Years in production: 30
Historical Production:
Silver 24 oz/t 39,000,000 oz
Gold 6 g/t 90,000 oz
Copper 1.2% 97,000,000 lb
Zinc 4.3% 4.44,000,000 lb
• Veins Mapped: 1 – Reserva• Adits Sampled: 1 – Reserva 345 level• Total Levels: 7 •Ore Value Target: $ 235/tonne• Estimated Cost: $ 45/tonne• Gross Revenue: $ 19.8 Million
Longer Term• Veins Known: 44, each 5-20 levels• Adits Known: 42• Total km Adits: 42 kms
Reserva Vein 86,000 74.8 2.2 4.8 .29
Targeted for Bulk Sample
Tonnes
Ag (g/t)
Pb (%)
Zn (%)
Cu (%)
SILVERIA – Immediate Plans: Bulk Testing
DEVELOPMENT AND EXPLORATION TARGETSMines Targeted for Development
Report Ref.
Tonnes Ag (g/t)
Pb (%) Au (g/t)
Zn (%) Cu (%)
Silveria – Pacococha - Veins Aug/07 10- 15 Mt 140 1.47 .05 4.13 1.75
Silveria – Millotingo - Veins Aug/07 5 – 10 Mt 220 1.0 1.0 3.00 0.40
Silveria – Disseminated Ore Body Target
Jun/08 40 - 50 Mt 50 2.0% 0.5 2.0 % .75 %
Espanola – Rosa Maria Apr/07 5-10 Mt 130 n/a 3.0 n/a 2.51
Espanola – Disseminated Ore Body Target
Mar/07 80 - 120 Mt
16 0 1.0 0 1.0 %
Current Estimated (Historical)
1.4 Mt 220 1.47 .05 4.13 1.75
*Disclaimer: The quantities quoted above are conceptual in nature and non-43-101 compliant. These numbers are estimates based on available data and cannot be relied upon until further exploration and development confirms quantity and grades.
ESPANOLA PROPERTY – Additional OpportunityTwo past producing mines – Rosa Maria &
Espanola
High Grade Copper, Gold and Silver Samples
Reported 43-101 sampling averaged 3% over 94 samples
Nearby Condestable open pit mine is grading 1.5% copper and .05 grams Gold per ton.
Over 7,100 HA, 100% owned
CONTACT USHEAD OFFICE:
#13 – 12800 Bathgate Way,
Richmond, B.C. V6V 1Z4
Tel: (604) 303-1051, Fax: (604) 303-1061
AUDITORS: Deloitte & Touche LLP.
TRANSFER AGENT: Compushare
Forward
Forward - looking Statements Advisory
This document may contain "forward looking statements" within the meaning of Canadian securities legislation. These forward looking ‐ ‐statements are made as of the date of this document and Grenville Gold Corp. (hereinafter referred to as the “Company”) do not intend,and do not assume any obligation, to update these forward looking statements. Forward looking statements relate to future events or future ‐ ‐performance and reflect management of the Company’s expectations or beliefs regarding future events and include, but are not limited to, statements with respect to the estimation of mineral reserves and resources, the realization of mineral reserve estimates, the timing and amount of estimated future production, costs of production, capital expenditures, success of mining operations, environmental risks, unanticipated reclamation expenses, title disputes or claims and limitations on insurance coverage. In certain cases, forward looking ‐statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative of these terms or comparable terminology. By their very nature forward looking statements involve known and unknown risks, uncertainties and other ‐factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward looking statements. Such factors include, among others, risks related to ‐actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of resources; possible variations in ore reserves, grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of development or construction activities; as well as those factors detailed from time to time in the Company’s interim and annual financial statements and management's discussion and analysis of those statements, all of which are filed and available for review on SEDAR at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward looking statements, there may be ‐other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward‐looking statements will prove to be accurate, as actual