Grayd Drills 88 Metres of +1.5 g/t Au in 270 Metre Step-out Hole at La India Gold Project

Grayd Resource Corporation (TSX VENTURE:GYD) reports results from three recent
holes drilled at the newly discovered Tarachi gold prospect, part of its 100%
owned La India project in northern Mexico. Highlights include an 88.0 metre
intersection averaging 1.54 grams per tonne gold (g/t Au), including 34 metres
averaging 2.23 g/t Au. This hole represents a 270 metre step-out from the
initial discovery hole at Tarachi (56.0 metres grading 0.73 g/t Au).


The three diamond drill holes reported today are the first of seven holes
designed to expand on Grayd's new Tarachi discovery, first reported on May 19,
2010. DDH-10-147 intersected a wide zone of low-grade mineralization (103 metres
grading 0.18 g/t Au). DDH-10-148 intersected 74.0 metres grading 0.95 g/t Au,
including 34 metres averaging 1.60 g/t Au. The higher gold grades in this hole
occur within a large lower-grade intersection of 204.0 metres averaging 0.47 g/t
Au. The hole bottomed at approx.211 metres in 0.58 g/t Au. DDH-10-149 was
collared 280 metres southwest of DDH-10-148 and 270 metres west of the initial
discovery hole. The +1.5 g/t material in DDH-10-149 was part of a larger
intersection of 191.0 metres averaging 0.85 g/t.


Marc Prefontaine, President and CEO of Grayd, stated: "The new drill holes
presented here are significant step-outs from our initial discovery at Tarachi.
The results continue to show a very large mineralized system, including multiple
zones of higher gold grades. The mineral system is open in all directions and at
depth. We are very excited about the potential of this discovery and plan to
step up our exploration efforts at Tarachi."


Tarachi is located 10 kilometres north of the area hosting the recently reported
resource at La India and represents a separate gold-rich mineral system. Work
currently in progress includes a geophysical survey, geologic mapping and
sampling, and drilling using a man-portable diamond drill.


A table with intersections for the three recent holes is presented below.



Tarachi Drilling - 2010.

---------------------------------------------------------------------------
                                          Length  From    To  Width      Au
Hole          East    North   Az  Dip         (m)   (m)   (m)    (m)    g/t
---------------------------------------------------------------------------
DDH-10-147  700256  3184844   10  -60     150.95     7   110    103    0.18
---------------------------------------------------------------------------
DDH-10-148  700259  3185096   60  -60     211.95     8   212    204    0.47
---------------------------------------------------------------------------
                                       Including    22    96     74    0.95
---------------------------------------------------------------------------
                                       Including    61    95     34    1.60
---------------------------------------------------------------------------
DDH-10-149  700029  3184940  110  -60     221.15     0   191    191    0.85
---------------------------------------------------------------------------
                                       Including    98   186     88    1.54
---------------------------------------------------------------------------
                                       Including   146   181     35    2.23
---------------------------------------------------------------------------



The La India property is located in the prolific Mulatos gold belt of Mexico's
Sonora state. On May 4, 2010, Grayd reported a new resource for La India
comprised of Measured + Indicated resource totalling 26.8 million tonnes (mT)
grading 0.88 g/t Au for 760,000 oz Au and an Inferred resource of 19.7 mT
grading 0.80 g/t Au for 506,000 oz Au, all at a 0.4 g/t cut-off. This same
district hosts Alamos Gold's Mulatos mine, which produced 178,000 ounces of gold
in 2009. The Mulatos mine had a reported reserve of 2.4 million ounces of gold
plus measured and indicated resources of 1.9 million ounces at the end of 2009
(AGI news release dated March 31, 2010).


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.


Grayd Resource is a growth-oriented junior natural resource company focused
primarily on exploring and developing a large land position in Mexico which is
highly prospective for gold mineralization. The Company's Officers and Directors
are experienced in all aspects of mineral exploration, development and
production and have been involved with several successful mining projects during
the past 20 years.


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.


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http://media3.marketwire.com/docs/GYD76map.pdf