Lima, Peru, April 25, 2013 (GLOBE NEWSWIRE) -- Lima, Peru, April 25, 2012 -- The Graystone Company(OTCQB: GYST) announced today the Company'sjoint venture in Suriname has completed its initial bulk samplingat site #1. The Company processed approximately 150 tons andinitial results are very promising. The Company expects tocomplete the wash out of the 150 tons that were processed on Fridayand will update shareholders on Monday with the results. Theresults are expects to be equal to or exceed the Company'sprojections. The joint venture will be conducting bulk sampling in 4 areas todetermine the optimal location to begin its next phase ofoperations. The Company expects the bulk sampling to take8-12 weeks. During the bulk sampling phase the Companyexpects to process only 5-10 tons per hour. Once the bulksampling phase is completed, the joint venture will determine theoptimal location to begin the next stage of production. Oncethe optimal location is determined, the Company expects to processapproximately 75 tons per hour. The Company has uploaded additional photos from theSuriname project on its Facebook page. About The Graystone Company. TheGraystone Company, Inc. is a U.S.-based mining and explorationcompany focused on acquiring and developing gold and other mineralproperties. The Company's strategy is to build value forshareholders by the identification, acquisition and exploration ofearly-stage properties that show significant potential for thediscovery of gold. The Company sells gold and silver to retailbuyers 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 email@example.com www.graystone1.com