Graystone Company Announces Sale Of Its Initial Gold Production

The Graystone Company (OTCQB: GYST) announced today that the Company has sold its initial gold produced from its mining operations in Peru to its refiner in the United States. The Company sent approximately 6.3 ounces of gold to be refined and sold. The assay indicates that the gold from production has a purity level of approximately 85%. The Gold was delivered to the refinery on November 23, 2012 and the Company was paid for the gold on November 27, 2012. The gold represents the Company’s initial 9 days of production.

The Company has also put up 2 bars of 10 grams and 6 grams for sale on eBay.

The Company will update its shareholders when additional gold from the mining operations in Peru is sold.

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. The Company sells gold and silver to retail buyers via www.graystonegold.com.

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