MISSISSAUGA, Ontario, March 6, 2008 (PRIME NEWSWIRE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article by Glenn Wilkins, an AllPennyStocks.com News Reporter, this one discussing Grandview Gold Inc. (TSX:GVX), its industry and future prospects.
Wilkins notes that it may not be something out of a country song or a poem, but when it comes to gold, the rush is certainly on, what with gold prices skyrocketing in recent months.
This winter, the spotlight turns on another company staking (excuse the pun) its reputation and its financial future on the rich gold fields of Northern Ontario. Grandview Gold Inc. is busy drilling in the Red Lake Mining District, hoping to follow up on successful strikes announced last fall.
The Toronto-based company has made significant strides in Red Lake, in particular, the Dixie Lake property, where three quartz veins of visible gold were intersected in recent months, yielding rich gold assays of 2.23 g/T gold over 1.5 metres. In mid-February, the Company also announced significant initial high grade gold assays containing visible gold on the first of two holes drilled at the Dixie Lake property including drill Holes DC-08-01R intersecting 26.66 g/T of Gold. Also last month, the company commenced a five-hole diamond drilling program, following up on drilling done in September, which resulted in high-grade gold intercepts in the new NS Zone.
The full version of this special report on GVX can be found at:
http://www.allpennystocks.com/aps_ca/special_reports/archives/030508.asp
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Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on Grandview Gold Inc. (TSX:GVX), the compensation is ten thousand five hundred dollars by a third-party, Connect Corporate Communications Inc. for its efforts in presenting the GVX profile on its web site and distributing it to its database of subscribers as well as other services. This creates an inherent conflict of interest and readers are encouraged to view the main disclaimer at http://www.allpennystocks.com/aps_ca/company_spotlights/archives/gvx.asp.