Grayd Drills 90 Metres of 1.21 g/t Au at Tarachi

Grayd Resource Corporation (TSX VENTURE:GYD) is pleased to announce the results
from ongoing drilling at the newly discovered Tarachi gold prospect, part of its
100% owned La India project in northern Mexico. Highlights include:




--  Diamond drill hole DDH-10-167 intersected 244 metres averaging 0.85
    grams per tonne gold (g/t Au), including 90 metres averaging 1.21 g/t
    Au.
--  Reverse circulation drill hole RC-10-582 intersected 222.5 metres
    averaging 0.50 g/t Au, including 70.1 metres averaging 0.95 g/t Au.



These holes were drilled in the same area of the property as DDH-10-149 (88m
grading 1.5 g/t Au, reported July 6th). DDH-10-167 was drilled perpendicular to
DDH-10-149 and most other previous holes. It is interpreted to have cross-cut a
main east-west orientation to mineralization in the area and is mineralized from
top to bottom. The east-west mineralization occurs within a much larger lower
grade (approximately 0.3 g/t Au) halo that much of the drilling initially
intersected until this better grade orientation was identified.


Surface sampling over a 5-square-kilometer area at Tarachi has returned numerous
anomalous surface samples in a range from 0.2 to 22.9 g/t Au. Results from
recent rock samples taken from intermittent outcrop along a 210 metre section of
a new drill road range from 0.04 to 22.9 g/t Au. These results, and samples of
sporadic outcrops in the surrounding area, indicate another significant
east-west trending zone of higher grades occurs in this area located 900 metres
north of DDH-10-167.


Marc Prefontaine, President and CEO of Grayd, stated: "These new drill results
are testimony to a large gold system. Importantly, DDH-10-169 gives us a
direction to drill that may allow us to start defining a resource around some of
the higher grade intersections we have drilled. Mineralization is open in all
directions in this area. We plan to start this systematic drilling in the middle
of November using a reverse circulation drill. We also plan to continue
drill-testing other areas on the property where surface sampling indicates
potential for wide zones of higher grade mineralization. The extent of the
overall system is still unknown, so surface sampling and geological mapping will
also continue."


A table with intersections for drill hole assays returned subsequent to the July
6, 2010, news release is presented below. All holes are in the Tarachi area,
except for DDH-10-156, 157 and 158, which were drilled along the margins of the
La India gold resource.


The La India property is a feasibility stage heap leach gold project 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.




Tarachi Project Drilling

---------------------------------------------------------------------------
                                Depth             From     To  Width     Au
Hole               E        N      (m)  Az  Dip     (m)    (m)    (m)  (g/t)
---------------------------------------------------------------------------
DDH-10-167    700179  3184990   250.0  225  -60      6    250    244   0.85
---------------------------------------------------------------------------
                                  including        108    198     90   1.21
---------------------------------------------------------------------------
DDH-10-166    699573  3185783   324.8  135  -60 No significant intersection
---------------------------------------------------------------------------
DDH-10-165    700264  3185730   327.9  315  -60 No significant intersection
---------------------------------------------------------------------------
DDH-10-164    700271  3185725   207.4  135  -60    161    166      5   0.70
---------------------------------------------------------------------------
DDH-10-163    700346  3184824   253.2  315  -60 No significant intersection
---------------------------------------------------------------------------
DDH-10-162    700122  3185039   349.2  315  -60      9     46     37   0.38
---------------------------------------------------------------------------
DDH-10-161    699984  3184960   373.6  290  -60    136    247    111   0.43
---------------------------------------------------------------------------
                                  including        144    158     14   1.07
---------------------------------------------------------------------------
DDH-10-160    700069  3184879   205.9  315  -60     24    142    118   0.38
---------------------------------------------------------------------------
                                  including         41     75     34   0.62
---------------------------------------------------------------------------
DDH-10-159    700174  3184927   199.8  315  -60      9    141    132   0.50
---------------------------------------------------------------------------
                                  including         68    105     37   0.86
---------------------------------------------------------------------------
DDH-10-158    699984  3184960   410.7  110  -60     11    253    212   0.31
---------------------------------------------------------------------------
                                  including        152    184     32   0.69
---------------------------------------------------------------------------
DDH-10-157    700129  3185152  179.95  135  -60      0    180    180   0.28
---------------------------------------------------------------------------
                                  including        101    123     22   0.74
---------------------------------------------------------------------------
DDH-10-156    707541  3177463   123.6  225  -50 No significant intersection
---------------------------------------------------------------------------
DDH-10-155    707360  3177513   186.0  120  -60      0     22     22   0.40
---------------------------------------------------------------------------
DDH-10-154    707428  3177569   303.5  225  -50    241    280     39   0.15
---------------------------------------------------------------------------
DDH-10-153    700247  3185095   157.1  270  -60   15.3  157.1  141.9   0.23
---------------------------------------------------------------------------
                                  including       23.8   55.8     32   0.43
---------------------------------------------------------------------------
DDH-10-152    700364  3185283   189.1  270  -60    146    154      8   0.67
---------------------------------------------------------------------------
DDH-10-151    700364  3185283   138.8  110  -60      3     16     16   0.41
---------------------------------------------------------------------------
DDH-10-150    700029  3184940   164.7   10  -60     55    117     62   0.40
---------------------------------------------------------------------------
                                                                           
---------------------------------------------------------------------------
RC-10-583     700200  3185073   254.5  135  -50     64   88.4   24.4   0.35
---------------------------------------------------------------------------
RC-10-582     699985  3184981   269.8  110  -60     13  236.2  222.5   0.50
---------------------------------------------------------------------------
                                  including        160  230.1   70.1   0.95
---------------------------------------------------------------------------
RC-10-581     700412  3185114   160.0  130  -60    7.6  112.8  105.2   0.18
---------------------------------------------------------------------------
RC-10-580     699824  3185364   306.3  150  -60   77.7  208.8  131.1   0.19
---------------------------------------------------------------------------
RC-10-579     700129  3185166   233.2  315  -60   13.7   99.1   85.3   0.31
---------------------------------------------------------------------------
RC-10-578     700183  3185264   243.8  135  -60   42.7  228.6  185.9   0.29
---------------------------------------------------------------------------
RC-10-577     700340  3185615   245.4  225  -50  132.6  245.4  112.8   0.39
---------------------------------------------------------------------------
RC-10-576     700342  3185616   213.4   45  -60   99.1  134.1   35.1   0.24
---------------------------------------------------------------------------



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, Mexico, for sample preparation, and then to the ALS Chemex
laboratory in Vancouver, BC, 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,
objectives, 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 the map accompanying this press release, please click on the following
link: http://media3.marketwire.com/docs/gyd1102.pdf