Lima, Peru, April 1, 2013 (GLOBE NEWSWIRE) -- The Graystone Company(OTCQB: GYST) announced today that the Companyhas sent to its refinery in the United States approximately 350grams of gold. The gold was produced from the Company'smining operations in Peru and consists of the previous 4 weeks ofmining. The gold was produced prior to the new equipmentarriving at the mining site. The Company's mining results have been averaging on the lowerside of the Company's estimates. This is a result of the factthat the Company has been mining in an area that has previouslybeen mined by other Companies. The Company has been runningthe tailings of these previous Companies. As the Company'smining operations advance further from the river the mining crewwill begin working in areas that have not been previouslymined. Therefore, the Company expects its mining productionto begin to increase. The Company will update its shareholders when additional goldfrom the mining operations in Peru is sold. 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 firstname.lastname@example.org www.graystone1.com