GYD Grayd Resource Corporation

Grayd Resource Corporation (TSX VENTURE:GYD) announces that it has received
$3,987,000 from the exercise of share purchase warrants over the past 60 days,
and has $5.8 million cash in treasury.


Marc Prefontaine, President and CEO of Grayd stated, "With almost $6 million
cash in the bank, Grayd is well positioned to continue with our aggressive 2010
exploration plans for the La India project. Currently, we have drills working on
the Tarachie target and on the new La India zone discovery. Drilling will
commence on the new Tubos target, which is near the main resource area, this
week. A new resource calculation is in progress and should be completed early
next month."


Grayd has issued 6,645,000 shares at a price of $0.60 per share from the
exercise the above-noted warrants and as a result has 80,593,325 shares issued
and outstanding.


The La India gold project is located in the prolific Mulatos gold belt of
Mexico's Sonora state. The project has a NI43-101 compliant gold resource of
559,000 ounces grading 1.01 g/t in the indicated category and 318,000 ounces
grading 1.05 g/t in the inferred category, all at a 0.5 g/t cut-off grade. The
resource consists of 17.2 and 9.4 million tonnes of indicated and inferred
material, respectively. This same district hosts Alamos Gold's Mulatos mine,
which produced 178,500 ounces of gold in 2009 and had a reported a resource of
4.75 million ounces of gold at the end of 2008.


Grayd Resource is a growth-oriented junior natural resource company focused
primarily on identifying, exploring and developing precious metal deposits. Its
officers and directors are well experienced in all aspects of mineral
exploration, development and production and have been involved in a number of
successful mining projects around the world 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 expressions 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.

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