GYD Grayd Resource Corporation

Grayd Resource Corporation ("Grayd" or the "Company") (TSX VENTURE: GYD) is pleased to announce the filing on SEDAR of an independent preliminary economic assessment ("PEA") technical report on its wholly owned La India Gold Project located in the State of Sonora, Mexico. A copy of the technical report can also be found on Grayd's website at www.grayd.com. Grayd first announced the completion of the PEA, and a summary of the key results, in its news release dated October 21, 2010.

ABOUT GRAYD RESOURCE CORPORATION

Grayd Resource Corporation 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. Grayd's directors and officers 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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Grayd Resource Corporation Marc A. Prefontaine President 604-681-7446 604-684-9877 (FAX) www.grayd.com