Full Description of Material Change June 6, 2007, - Toronto, Ontario – Grandview Gold Inc. (TSX Symbol: GVX, OTC-BB Symbol: GVGDF) (“Grandview” or the “Company”) Grandview is very pleased to report that the Company has grown its blue chip Manitoba exploration group by securing the prospecting consulting services of the award-winning A.S.K. Prospecting and Guiding Team (“ASK”). ASK is contributing to the comprehensive exploration of Grandview’s Rice Lake Gold District properties which commenced this past week in Manitoba. Grandview is targeting undiscovered potential in the Rice Lake greenstone belt, across the border from Ontario’s 10 million ounce gold Red Lake Gold Camp. While vastly under-explored, Grandview believes Rice Lake demonstrates potential to become the next Red Lake as it shares many geological features. The Bissett Gold Camp, located on the Rice Lake greenstone belt is one of the top producing gold areas in Canada, and with a historic production of over 1.7 million ounces is indicative of the region’s mineral riches. Grandview has 100% interest in five claims covering 79 hectares in close proximity to the Bissett Mine, all with known gold mineralization. The Company has 100% interest in the 283 acre Angelina property, and the 2,824 hectare Banksian property. Angelina is located 24 kilometres southeast of the town of Bissett and 100 kilometres west of Ontario’s Red Lake District. Banksian is located 45 kilometres southeast of Rice Lake. At the eastern edge of the Rice Lake greenstone belt, Grandview holds 100% interest in 20 claims covering a 3,975 hectare area, plus has an option to earn a 60% interest in the 1,594 hectare Gem Project from Marum Resources Inc.. Also in Manitoba, the Company has a right to earn 70% interest in the 1,120 hectare Rocky Ridge gold property in the historic Lac du Bonnet Mining District. Grandview has completed airborne geophysical surveys and, with the expert assistance of ASK will target geophysical anomalies, structural and mineralized zones throughout our Rice Lake project areas. “Our goal this season it to leverage our highly motivated and efficient exploration team to gain as much geological data as possible with a view to develop |