Grayd Resource (TSX Venture Exchange: GYD) is a Canadian junior mining company with a highly motivated management team experienced in mineral exploration and finance. The mission of the company is to maximize shareholder value through the acquisition, exploration and development of quality precious and base metal projects. The Company's primary focus is the La India Gold Project located in Sonora State, Mexico. In addition to exploring on its current projects, Grayd continues to evaluate additional projects.

Target: A multimillion-ounce open pit heap leach gold operation.

Property

• Located 7 km northwest of Alamos Gold's 3 million Mulatos mine
• Project area covers 263 square kilometers
• Grayd is the second largest land holder in the Mulatos gold belt after Alamos Gold
• Grayd has right to acquire 100%

Highlights

• Updated resource calculated February 2009
• Over 80% is Oxide Material
• Low strip ratio
• Good heap leach recoveries
• Numerous exploration targets that extends for 10 km along the regional strike
• Continuous drilling with over 50,000 meters since 2007

Resource

In February 2009 the resource was expanded to include at a cut-off of 0.5 g/t Au, an indicated resource of 559,000 ounces (17.4 million tonnes at a grade of 1.01g/t Au) and inferred resource of 318,000 ounces (9.4 million tonnes at a grade of 1.05g/t Au).

Based on the relative volumes of different rock types in the current resource and the results of recent and 2008 tests, an average gold recovery in the range of 80% to 84% is indicated for a heap leach processing operation at La India. These recoveries combined with the relatively low estimated cyanide and lime consumptions and an estimated stripping ratio of 0.35:1 (waste to ore) are very positive factors for potential project economics.

Recent exploration work has expanded the North Zone over 250 meters to the west of the current resource (more than doubling the width of the zone). In addition, a new zone has been discovered called the La India Zone. Mineralization here has been defined over a 150 by 200 meter area by recent drilling (highlighted by an 86.9 meter intersection averaging 1.05g/t gold). Surface mineralization in this new zone extends over an additional 750 by 400 meter area.

Corporate Information on Stockhouse

Marc A. Prefontaine M.Sc., P.Geo. President & CEO

Mr. Prefontaine graduated with a B.Sc. in Geology from the University of Alberta and a M.Sc. in Mineral Exploration from Queen's University. He is a Professional Geologist with over 20 years experience in all facets of mineral exploration including Exploration Manager, and has worked extensively throughout North and South America, South Africa and Central Asia for major companies as well as reputable junior companies. During his four years as President and CEO of Grayd he has assembled the land package making up the La India project, raised $8 million and grown the company from a $5 million market capitalization.

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