Sanshaw-Bonanza

Grandview has an option to earn 60% interest in the 10 claim and 2 patent Sanshaw-Bonanza property located on the Red Lake Mine Trend, approximately five kilometers southwest of Goldcorp's Red Lake Mine, on the western strike extension of the Goldcorp/Premier Gold Mines Rahill-Bonanza joint venture property.

Red Lake Ontario Regional Activity

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Since acquiring the property in early 2007, Grandview Gold has commenced a thorough compilation of previous exploration, to obtain precise information on mineralization, ore geometry,   overall geological controls. Preliminary data, processed in Gemcom, is assisting in the planning   development of future drill programmes.

All significant gold mineralization outlined to date on the Bonanza Property appears to be directly related to two stages of mineralized quartz veining within conjugate fracture   shear-sets within the granodiorite Dome Stock or within its contact zone.

Previous drilling   geophysical surveying has indicated a potential for additional mineralization along a North-South structural trend, offshore of Whitehorse Island. With continued positive results from the Premier Gold Mines' drill programme to the north-east, there is also potential for the south-west continuation of their Rahill-Bonanza zone (CP Zone) onto the Bonanza property.

To reduce exploration time and expense and extend the exploration season, diamond drilling is planned for the winter months when the lake is frozen and rigs can be placed directly over target area. See the Company News pages of this website for updates.