Tuesday, March 29, 2011

Industry Watch: Grayd Resource Corporation CEO discusses million ounce gold deposit in Mexico.

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Grayd Resource Corporation (TSX-V : GYD) President & CEO Marc Prefontaine talks with Al about their flagship property 'La India' located in the Mulatos Gold belt, Sonora Mexico, which is a prolific area for gold discoveries. The property is a 1,000,000 ounce gold deposit that has gone through a scooping study and is advancing to a feasibility study. The Company also has another Mexican property, Tarachi, which is a potentially huge gold porphyry in early drilling.

Grayd Resource Corporation 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.

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