Grayd Resource Corp fka GYD

[Ed Monton]

GYD looking good. Here's the last news:

Grayd to refocus exploration efforts on La India

2003-11-28 13:16 ET - News Release

Mr. Marc Prefontaine reports

PROJECT UPDATE

Grayd Resource has terminated its agreements with South Coast Ventures Inc., whereby Grayd could acquire a 100-per-cent interest in the Glenwood and Dorset properties, Newfoundland. Grayd will not retain any interest in the properties. In addition, the company will allow all the claims within the White Gold project, Alaska, to lapse at the end of November. Grayd will be focusing its exploration efforts on the recently acquired La India gold project in Mexico (see news release in Stockwatch dated Nov. 13, 2003).

Grayd will retain its Delta volcanogenic massive sulphide project in Alaska and the Seel porphyry copper-gold project in British Columbia. With base metal prices showing signs of improvement, Grayd's management believes these projects will provide opportunities for increasing shareholder value through further exploration financed by the company, or by attracting a joint venture partner.

For additional information on Grayd, please visit the company's Web site at www.grayd.com, or contact investor relations at [phone].