TSXV: GYD       Grayd Resource Corporation
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Business Background

Grayd Resource Corporation is an exploration-stage company with a focus on acquiring, exploring and developing gold and base metal properties. Its primary exploration projects include: La India Project and Delta Property. La India Project is 100% owned by the Company, which has a sulphidation epithermal gold project, which covers 263 square kilometers in the Mulatos gold belt of Sonora State, Mexico. During the fiscal year ended August 31, 2010, it amalgamated a 26,365-hectare package of mineral claims in the Mulatos belt of Sonora, Mexico. As of August 31, 2010, it had signed seven separate definitive option agreements to acquire a 100% interest in each property. During the year ended August 31, 2010, it acquired one new claim, the Roka (278 hectares). In November 2011, Agnico-Eagle Mines Ltd. acquired 94.77% Of Grayd Resource Corporation. In January 2012, Agnico-Eagle Mines Ltd. acquired 5.23% of Grayd Resource Corporation.

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