GYD Grayd Resource Corporation

In just 5 years, Grayd Resource Corporation (TSX VENTURE: GYD) has taken the La India gold project in northern Mexico from a grass roots exploration project to a solid resource with good potential for future gold production. Grayd Resource President and Chief Executive Officer Marc Prefontaine said, "This is a rare achievement and is evidence of the as-yet unrecognized value of Grayd's property in Mexico's Mulatos gold belt. In 2009, we moved La India from exploration status to a promising development project - just in time to take advantage of a very strong precious metals market. We also took a number of steps to expand our team to include seasoned engineers and board members to advance this project to the next stage. We anticipate releasing a new, expanded resource in the first quarter of 2010, followed by a Preliminary Economic Assessment by early summer."

Grayd holds a 260-square-kilometer land package in Mexico's Sonora State. The property comprises 40% of the prolific Mulatos high-sulphidation gold belt. Grayd's property is adjacent to Alamos Gold Corporation's Mulatos Mine which produces approximately 150,000 ounces of gold annually. Between Alamos and Grayd, more than 6 million ounces of gold have already been defined in the region, making it one of the more prolific in Mexico.

2009 Highlights

--  Increased La India's resource gold grade by 10% from the 2008 resource.
--  Boosted a good portion of the resource to a higher confidence level,
    with 64% classified as Indicated and 36% as Inferred.
    --  Total Resource:
    --  0.5 g/t Au Cutoff
        --  Indicated: 17.2 mT grading 1.01 g/t Au = 559,000 oz Au
        --  Inferred: 9.4 mT grading 1.05 g/t Au = 318,000 oz Au
    --  0.4 g/t Au Cutoff
        --  Indicated: 23.8 mT grading 0.86 g/t Au = 654,000 oz Au
        --  Inferred: 13.5 mT grading 0.87 g/t Au = 375,000 oz Au
--  Increased estimated overall gold recovery to between 80% and 84%
--  Determined that the optimal crush size is larger, and therefore lower
    cost, than previously thought.
--  Completed 13,000 metres of drilling in 146 holes, which resulted in:
    --  Expanded both the North and Main zones
    --  Closed a gap in the middle of the Main Zone, allowing for a larger,
        more continuous pit if production is attained
    --  Indicated potential to increase overall grade in the next resource
        calculation
    --  Discovery of a whole new zone - the La India Zone
--  Surface exploration identified three additional large targets, which are
    now drill-ready.
--  Initiated environmental baseline studies. No impediments to mining
    identified to date.
--  Added two Directors and three engineers to the Grayd management team,
    all highly experienced in mine development and permitting in Mexico.
--  Completed two financings, with current working capital of $3.5 million -
    sufficient to carry out 2010 work programs

(For details on above highlights, please refer to News Releases in the Investor Information section on the Grayd Resource website at www.grayd.com)

Strategy/Goals for 2010

First Quarter 2010:

--  Updated resource for the La India project incorporating 2009 drilling
    results anticipated in February.
--  Additional exploration drilling aimed at another new discovery on the
    property.

Second/Third Quarter 2010:

--  Preliminary Economic Assessment on the viability of mine development
    underway; projected completion by early summer 2010.
--  Bring the new La India Zone discovery into resource categories.

Prefontaine commented, "Our work in 2009 has put Grayd in a position to advance the La India project toward mine development during history's biggest gold bull market. The timing and potential value for our shareholders could not be better. The drill programs to date at La India have defined a solid, near-surface resource that has a very low strip ratio and excellent metallurgical recoveries. We have also identified additional excellent exploration potential elsewhere on our large land package. Our mission for 2010 is to demonstrate the La India project can be a stand-alone gold producer and Mexico's next gold mine. We expect our shareholders to be the beneficiaries of our increased valuation as the broader market begins to fully recognize the significance of our progress at La India and the value of our land package."

Grayd Resource is a growth-oriented junior natural resource company focused primarily on identifying, exploring and developing precious metal deposits. The Company's Officers and Directors are very 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 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.

The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.

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