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.

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

To view accompanying map, click on the following link: http://media3.marketwire.com/docs/GYD76map.pdf

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 [phone] (FAX) www.grayd.com