GOLD PROPERTIES
Currently, Grandview has highly-prospective early and mid-stage gold exploration projects within North America's pre-eminent gold camps, including the Red Lake Gold Camp in Ontario, Canada, and the emerging Rice Lake Gold District in Manitoba, Canada. Through its whole-owned subsidiary Recuperación Realzada S.A..C., Grandview is developing a gold-producing, small-scale mine property in Northern Peru.
Peru
Grandview Gold, through its wholly-owned subsidiary Recuperación Realzada S.A.C., has an option with a private Peruvian Group to acquire up to a 100% interest in the 400 hectare gold-producing Giulianita Property located in northwest Peru, in the Suyo District, Ayabaca Province, Piura Department.
Little modern exploration has taken place on the Property or in the surrounding area, though five zones of mineralization have been identified by the previous owners, three of which are currently being worked by local small-scale miners. Grandview plans to build a modern mineral processing plant to capture gold production from the property and access small-scale mining production from the surrounding area.
Red Lake Gold District
Grandview has significant interests in the 30 million ounce gold Red Lake Mining District of southwest Ontario and is exploring and developing three gold projects in close proximity to Goldcorp's 11 million ounce Red Lake Mine.
- Grandview has earned a 100% interest in the 10 claim, two patent Sanshaw-Bonanza Property on the Red Lake Mine Trend, five kilometers south of the Red Lake Mine on the western strike extension of the Goldcorp/Premier Gold Rahill-Bonanza JV property.
- The Company has earned a 67% interest in the 48 claim, 1,664 hectare Dixie Lake Property located 16 miles south of the Red Lake Mine.
- Grandview owns 100% interest in the Loisan Project - eight mining claims covering approximately 60 hectares in close proximity to the Red Lake Mine.
Rice Lake Gold District
Grandview is exploring three grass roots stage gold projects in Manitoba's emerging Rice Lake Gold District located approximately 80 kilometres west of the 30 million ounce Red Lake District in Ontario. Rice Lake and Red Lake share many geologic features but are separated by a provincial border.
- The Company has 100% interest in the Banksian gold property; an additional 3,975 hectares known as the GVG Project --- known collectively as the Banksian/GVG project.
- Grandview holds 100% interest in the five claim, 79 hectare Bissett Project located in close proximity to the two million ounce Rice Lake Gold (formerly San Antonio) Project.
- The Company holds 100% interest in the 11 claim, 235 hectare Angelina gold property located 24 kilometres south east of the Rice Lake Gold Project.
Cautionary Note to U.S. Investors - The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. Grandview uses certain terms on its website (and certain press releases), such as "measured," "indicated," and "inferred," "resources," which the SEC guidelines strictly prohibit U.S. companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosure under the heading "Cautionary Note to U.S. Investors Regarding Mineral Reserve and Resource Estimates" in our latest annual report on Form 20-F which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml.
This website contains information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents files with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
