The Graystone Company Announces Details of Its Exploration Program

LIMA, Peru--()--The Graystone Company (OTC Bulletin Board: GYST), announced the details of the current exploration program being conducted on its claims in Peru.

Since acquiring the claims, the company has conducted mapping and sampling, collecting surface and near-surface samples, and compiling historical data. Graystone has almost completed the construction of a permanent exploration camp at Gorilla that will allow the geological and technical teams to continue exploration and site activities on a year round basis.

We have updated our 2011 plan to include the additional claim of Graystone III. We are also currently reviewing the area around Graystone III for properties that can be claimed in the future. Due to the initial information coming from Graystone III, the Company is looking at expanding our operations to include Graystone III faster than previously intended. The Company is currently in the process of hiring a new geologist for Graystone III. The Company has already assembled the support team for the geologist.

"We finished 2011 with very exciting results at the Company's Gorilla claim," commented Paul Howarth, managing director of Graystone. "During 2012, we plan to accelerate the advancement of our claims through a focused drill program targeting higher grade precious metals vein. With our exploration team getting geared up and our exploration program getting underway, we look forward to reporting on the positive advancement of our gold projects and an exciting year of new discoveries."

About The Graystone Company The Graystone Company, Inc. is a U.S.-based mining and exploration company focused on acquiring and developing gold and other mineral properties. The Company's strategy is to build value for shareholders by the identification, acquisition and exploration of early-stage properties that show significant potential for the discovery of gold.

Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contacts

The Graystone Company, Inc.
Paul Howarth
(702) 438-4100
info@graystone1.com
www.graystone1.com

Release Summary

The Graystone Company Announces Details of Its Exploration Program

Contacts

The Graystone Company, Inc.
Paul Howarth
(702) 438-4100
info@graystone1.com
www.graystone1.com