Grayd Announces 1.7 g/t Au Over 117.3 Metres at Tarachi Gold Porphyry

   Grayd Resource Corporation (TSX VENTURE: GYD)(OTCQX: GYDRF) ("Grayd") announces results from ongoing drilling at Tarachi, part of its 100% owned La India Property in Sonora, Mexico.

The highlight is RC-11-611, which was drilled across a higher grade zone and intersected 117.3 metres averaging 1.7 g/t Au within a wider zone of mineralization of 253.0 metres at 0.9 g/t Au. Gold mineralization has now been traced from surface to the end of the hole at a vertical depth of 200 metres. Geologic modeling indicates that true width is approximately 90% of the interval width reported for this hole. Additional holes are planned to test the extent of mineralization at depth.

RC-11-607, drilled in another higher grade area, intersected 117.3 metres at 0.4 g/t Au, including 29.0 metres at 0.83 g/t Au. It similarly shows mineralization is open beyond a vertical depth of 200 metres.

Marc Prefontaine, President and CEO of Grayd, stated: "Recent results have shown higher grade gold zones have significant size and are open to depth. RC-11-611is the best hole we have drilled to date at Tarachi, and we are very excited about other areas of the property, most of which have yet to be tested. With three drills now on site, we are going to be able to delineate known higher grade mineralization as we progress towards a resource calculation, and test for new mineralization. Surface exploration shows similar alteration and mineralization occurring in outcrop in a 10km(2) footprint, so the drills will be very busy for the rest of the year."

Holes reported herein have intersected widespread lower grade mineralization with local structurally controlled zones of higher grades. RC-11-611 and previously drilled holes indicate that these higher grade zones can have considerable size. Mineralization at Tarachi is similar to porphyry-style gold systems globally. Gold porphyries are characteristically of moderate to low grade, but contain high tonnages that support large mining operations. World-class gold porphyries of this type occur in the Maricunga belt of Chile, where over 60 million ounces of gold have been identified in 14 separate deposits.

Table of New Drill Results:

---------------------------------------------------------------------------
                              Depth               From     To  Width     Au
Hole              E        N     (m)   Az   Dip     (m)    (m)    (m)  (g/t)
---------------------------------------------------------------------------
RC-11-611    700102  3184804  350.0     0   -50   93.0  346.0  253.0   0.88
---------------------------------------------------------------------------
                                      including   99.1  216.4  117.3   1.67
---------------------------------------------------------------------------
RC-11-610    700003  3184743  350.0    10   -60  217.9  248.4   30.5   0.60
---------------------------------------------------------------------------
RC-11-609    700690  3185720  257.6   170   -55  167.6  257.6   89.9   0.20
---------------------------------------------------------------------------
RC-11-608    700587  3185340  144.8   350   -50 No significant intersection
---------------------------------------------------------------------------
RC-11-607    700233  3184989  272.8    45   -50  128.0  245.4  117.3   0.43
---------------------------------------------------------------------------
                                      including  158.5  187.5   29.0   0.83
---------------------------------------------------------------------------
RC-11-606    700226  3184991  153.9   315   -50    3.0   83.8   80.8   0.42
---------------------------------------------------------------------------
                                      including   29.0   47.2   18.3   1.00
---------------------------------------------------------------------------
RC-11-605    701536  3185362  202.7   315   -55  134.1  160.0   25.9   0.43
---------------------------------------------------------------------------
RC-11-604    700400  3185131  221.0     0   -55   53.3   70.1   16.8   0.56
---------------------------------------------------------------------------
RC-11-603    700461  3184949  251.5   350   -55    4.6   29.0   24.4   0.34
---------------------------------------------------------------------------
RC-11-602    699999  3185253  355.1    10   -50  338.3  355.1   16.8   0.47
---------------------------------------------------------------------------
RC-11-601    699570  3185824  245.4    10   -55   16.8   70.1   53.3   0.43
---------------------------------------------------------------------------
RC-11-600    700361  3185287  268.2    10   -50   22.9   47.2   24.4   0.47
---------------------------------------------------------------------------
RC-11-599    699761  3185420  251.5    10   -50    3.0  251.5  248.4   0.35
---------------------------------------------------------------------------
                                      including   47.2   73.2   25.9   1.24
---------------------------------------------------------------------------
                                      including  166.1  201.2   35.1   0.49
---------------------------------------------------------------------------
RC-11-598    699891  3185675  288.0    10   -50   53.3  132.6   79.3   0.20
---------------------------------------------------------------------------
RC-11-597    699891  3185672  300.2   190   -50  131.1  268.2  137.1   0.25
---------------------------------------------------------------------------

The La India property is located in the prolific Mulatos gold belt of Mexico's Sonora state. Tarachi is located 10 kilometers north of the resource area that was analyzed in a recently reported Preliminary Economic Assessment (PEA) and represents a separate gold-rich mineral system. Results of the PEA, reported on October 21, 2010, show a 51% internal rate of return, a US$187 million net present value (pre-tax, 5% discount rate), a nine-year mine life and nearly 850,000 ounces of gold produced using a gold price of $950/oz. Grayd has initiated feasibility level work on this resource.

Hans Smit, P.Geo., VP Exploration for Grayd, is the Qualified Person directing the exploration at La India. Samples are sent to the ALS Chemex facility in Hermosillo for sample preparation, and then to the ALS Chemex laboratory in Vancouver for gold assay and ICP. QA/QC procedures used include assay standards and blanks.

The information in this news release may contain forward-looking statements. When used in this release, words such as "estimate", "expect", "anticipate" and "believe" as well as similar expression are intended to identify forward-looking statements. Such statements are used to describe management's future plans, objects, and goals for the Company and therefore involve inherent risks and uncertainties. The reader is cautioned that actual results, performance or achievements may be materially different from those implied or expressed in such statements, which speak only as of the date the statements were made. The Company does not update forward-looking statements continually as conditions change.

The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.

Contacts: Grayd Resource Corporation Marc A. Prefontaine President and CEO 604-681-7446 Grayd Resource Corporation Daniel G. McIntyre Manager Corporate Communications 604-681-7446 604-608-5372 (FAX) www.grayd.com