Graystone Company Begins Environmental Impact Study

Lima, Peru, Jan. 22, 2013 (GLOBE NEWSWIRE) -- Lima, Peru, January 22, 2013 -- The Graystone Company (OTCQB: GYST) announced today that theCompany's Peruvian wholly owned subsidiary, Grupo Mineral IncaS.A., has retained the services of a firm to conduct the CorrectiveEnvironmental Management Instrument (a/k/a environmental impactstudy) on its mining properties Gorilla, Graystone 2 and Graystone4.

The Company expects to submit the record of CorrectiveEnvironmental Management Instrument by February 5, 2013 and filethe final Corrective Environmental Management Instrument inapproximately 7 months.  The costs associated with theCorrective Environmental Management Instrument are $56,000, whichthe Company's officers agreed to lend the Company ifnecessary.  

About The GraystoneCompany.  The Graystone Company, Inc. is a U.S.-basedmining and exploration company focused on acquiring and developinggold and other mineral properties. The Company's strategy is tobuild value for shareholders by the identification, acquisition andexploration of early-stage properties that show significantpotential for the discovery of gold. The Company sells gold andsilver to retail buyers via www.graystonegold.com.

Notice Regarding Forward-LookingStatements in this press release which are not purelyhistorical are forward-looking statements and include anystatements regarding beliefs, plans, expectations or intentionsregarding the future. Actual results could differ from thoseprojected in any forward-looking statements due to numerousfactors. These forward-looking statements are made as of the dateof this news release, and we assume no obligation to update theforward-looking statements, or to update the reasons why actualresults could differ from those projected in the forward-lookingstatements. Although we believe that any beliefs, plans,expectations and intentions contained in this press release arereasonable, there can be no assurance that any such beliefs, plans,expectations or intentions will prove to be accurate. Investorsshould consult all of the information set forth herein and shouldalso refer to the risk factors disclosure outlined in our annualreport on Form 10-K for the most recent fiscal year, our quarterlyreports on Form 10-Q and other periodic reports filed fromtime-to-time with the Securities and Exchange Commission.
CONTACT: Contacts:         The Graystone Company, Inc.         Paul Howarth         (702) 289-4827          info@graystonegold.com         www.graystone1.com

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