Grayd Resource Intersects 24.4 m Grading 6.09 g/t Au at La India Gold Project

Grayd Resource Corporation (TSX VENTURE:GYD) announces assay results from the
first eight reverse circulation holes drilled in 2008 on its wholly-owned La
India Gold Project located in the state of Sonora, Mexico. The eight holes were
drilled in the north part of the Cieneguita Zone. Highlights include RC08-278
with 24.4 m grading 6.09 g/t Au, RC08-283 with 9.1 m grading 5.39 g/t Au and
RC08-281 with 3.0 m grading 9.56 g/t Au. Intersections in these holes are all in
the same geological position and confirm a high grade area within the Cieneguita
Zone that can be correlated from hole to hole.


The Cieneguita Zone has been drilled over a 960 m by 250 m area. In the inferred
resource announced January 16, 2008 (36.8 million tonnes at a grade of 0.79 g/t
Au or 936,000 ounces at a 0.4 g/t Au cut off), 8.14 million tonnes grading 0.76
g/t Au (198,000 oz) of oxide material was calculated for this zone.
Mineralization in the Cieneguita Zone is hosted by a massive silica horizon.
Gold occurs primarily within fractures and breccias with grades typically in the
range of 0.3 to 1.0 g/t Au. Higher grades in the 2008 holes occur at the base of
the silica horizon and in silica-clay altered rock immediately below the silica.
This confirms that there is a high grade portion of the Cieneguita Zone that is
stratigraphically controlled, and can be correlated from hole to hole. When the
resource was calculated there was insufficient drill density to allow
correlation of the high grades, therefore the higher grade assays were modeled
in conjunction with the lower grade areas, resulting in higher estimated
tonnage, but at an overall lower grade. The new results also show that high
grade assays (+ 10 g/t to 41.6 g/t Au g/t in recent holes and up to 128 g/t in
2007 holes) can be obtained in a number of locations in the north part of the
zone, and thus the extent of capping of gold in the resource calculation needs
to be reviewed.


The high grade portion of the Cieneguita Zone dips shallowly along with the
silica horizon and is 0 to 40 m below surface. Mineralization in the massive
silica above the high grades is still potentially economic in portions of the
zone. As mineralization starts at surface and is oxide, the Cieneguita Zone is
amendable to open pit mining and heap leach extraction methods.


The recent holes were drilled in a 200 m by 100 m portion of the zone.
Additional drilling will be undertaken to increase intercept density in the rest
of the zone to facilitate an updated resource calculation. A table of
significant intercepts is given below. A map showing drill hole locations is
attached and also available at www.grayd.com.




LA INDIA GOLD PROJECT - DRILL SUMMARY

                                        LENGTH   FROM     TO   WIDTH    AU
HOLE          EAST    NORTH  AZ  DIP        (M)    (M)    (M)     (M)  G/T
--------------------------------------------------------------------------

RC-08-283   706238  3178947   0  -90      68.6   41.2   53.3    12.1   4.2
                                     including   41.2   50.3     9.1  5.39
RC-08-282   706266  3179029   0  -90      71.6   36.6   39.6       3  2.56
RC-08-281   706245  3179047   0  -90      56.4    9.1   48.8    39.7  0.99
                                     including   36.6   39.6       3  9.56
RC-08-280   706228  3179084   0  -90      50.3      0   39.6    39.6   0.3
RC-08-279   706281  3179085   0  -90      41.2   15.2     32    16.8  2.59
                                     including   15.2   21.3     6.1  6.24
RC-08-278   706300  3178905   0  -90      71.6   42.7   67.1    24.4  6.09
                                     including   45.7   64.1    18.4  7.95
RC-08-277   706340  3178948   0  -90      65.5   22.9   42.7    19.8  0.74
                                     including   39.6   42.7     3.1  2.54
RC-08-276   706340  3178989   0  -90      39.6    9.1   24.4    15.3  0.29
RC-07-275   706965  3176714  90  -50      12.2   hole abandoned



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, British Columbia 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 and silver 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 the map accompanying this release please click on the following link:
http://media3.marketwire.com/docs/0407gyd.pdf