GYD Grayd Resource Corporation

Grayd Resource Corporation (TSX VENTURE:GYD) announces that two drills have
commenced drilling on its 100% owned La India Gold Project located in Sonora,
Mexico. La India hosts a NI43-101 compliant gold resource totaling 559,000 oz
Indicated and 318,000 oz Inferred, with excellent exploration potential to
increase the resource. (Resource is comprised of Indicated: 17.2 mT grading 1.01
g/t Au and Inferred: 9.4 mT grading 1.05 g/t Au using a 0.5 g/t Au cut-off). New
drilling will be targeted on extensions to the existing resource, high grade
zones within the resource area, and areas where recent geological mapping and
surface sampling have identified mineral potential.


Results from drilling completed earlier in 2009 indicate that high grade feeder
structures within the current Main Zone resource area may be traceable and
under-represented in the resource model. For example, RC-09-432 intersected 89.9
m grading 4.26 g/t Au, including 19.8 m grading 16.3 g/t Au. (If the grade of a
1.5 m interval grading 135.0 g/t Au is cut to the next highest assay of 24.7 g/t
Au, the intersection averages 89.9 m grading 2.39 g/t Au, including 19.8m
grading 7.81 g/t Au.) Based on current interpretations, the high grade portion
of the intersection represents a steeply-dipping structure with a true width of
approximately 9 m. The grade of this structure is many times greater than the
average grade of the deposit, and the current resource blocks around the
structure do not reflect this high grade. Surface mapping and modelling from
previous drilling suggests that there may be 4 or more feeder structures. If
grades within these structures are continuous for 200 to 300 m across the zone,
substantially more ounces will be contained in the same amount of material than
the current estimate shows. This would be very positive to the project economics
and a program of close-spaced diamond drill holes targeted specifically on the
structures is underway.


Drilling on the Rumorosa claim, acquired in October 2008, confirmed that the
down dip extension of the North Zone occurs on the claim. Mineralization in the
North Zone is shallow and almost entirely oxide. The wide spaced holes on
Rumorosa intersected the same silicified unit and the immediate footwall and
returned similar grades and thickness. Current drilling will be at a density to
allow a 500 by 250 m area to be brought into the resource model.


Two holes drilled earlier this year in the Nopal area intersected the
prospective horizon at shallow depths. Alteration and gold mineralization were
limited, however these holes show there is potential for economic mineralization
in the area and additional wide spaced holes are planned in this 2000 m by 2000
m target.


Other prospective targets on the 250 sq. km property that will be drilled include:

- Tubos - Located 2 km east of the current resource, Tubos covers an extension
of the same geology. Rock chips grading up to 1.6 g/t Au taken from rocks high
in the stratigraphy indicate good potential in the main gold-bearing units.


- Amargosa - A 650 by 900 m zone with massive silica alteration similar to the
North Zone. Rock chips grading trace to 1.5 g/t Au from surface.


- Tarachi - A separate high sulphidation system located 7 km to the northwest of
the current resource areas. Recent results have defined a 1,200 by 500 m
gold-in-soil anomaly with numerous +100 ppb samples that is open to the west.


A map showing target locations is attached. Hans Smit, P.Geo., VP Exploration
for Grayd, is the Qualified Person directing the exploration at La India. 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 very experienced in all aspects of mineral exploration,
development and production and have been involved with several successful mining
projects over 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 slide associated with this press release, please click on the
following link: http://media3.marketwire.com/docs/grayd922.pdf

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