DYNASTY

Dynasty Metals & Mining announced it has completed the substitution of all of its mining titles with the Ministry of Non-renewable Natural Resources and that all of its previously held concessions at the Zaruma Gold, Jerusalem and Dynasty Goldfield projects, Ecuador, have been reconfirmed, as required under the new Ecuadorian mining act and regulations.

Announced new estimates for gold and silver resources for the project based on the trenching and drilling program in the Cerro Verde, Papyal and Trapichillo areas. The new estimate adds 286,300 gold ounces to the measured category, 303,700 gold ounces to the indicated category and 724,700 gold ounces to the inferred category as well as 1,647,200 silver ounces to the measured category, 1,491,000 silver ounces to the indicated category and 2,816,000 silver ounces to the inferred category

Three drill rigs are presently working full time at Cerro Verde, with 60 holes (9,488 metres) drilled since April 2006. The updated Cerro Verde resource estimates is expected early in 3rd quarter of 2007. New high-grade gold vein sets are being mapped and sampled at Cola in preparation for drilling.