Grenville Receives Expressions of Interest on Peru Projects
Grenville Gold Corporation 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.
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.
