The Graystone Company, Inc. (GYST)

[Chicago Trader]

The Company has done preliminary testing on approximately 10-15% of Graystone II. The initial results indicate that the part of Graystone II that was tested may contain as much as 20,000 ounces of gold (or $32,000,000 at $1,600 per ounce). Based on this information, the Company has deemed it worthwhile to continue to test the remaining part of Graystone II to determine the amount of gold on the entire property and to map the property for production. Once the testing and mapping are completed, the Company will have a plan for production and know how much of the property is viable to mine