Vancouver, British Columbia (openPR) 2 October 2010

Dynasty Metals & Mining Inc. (TSX: DMM, “Dynasty” or the “Company”) is pleased to announce that it has its second shipment of Dore gold, with some 1,250 ounces of fine gold worth around US.6 million from its gold project in Ecuador Zaruma a refinery produced in Canada. The company also has a strong cash position and expects a positive cash flow operations for the rest of the year.


Ecuadorian police

protests

Some members of the Ecuadorian police currently protest against a new law that could potentially lead to a reduction in benefits. This led to some roadblocks in the capital Quito and the closure of the airport in Quito out. Protests were also reported elsewhere in the country, including Guayaquil.

These protests are not and should not affect the Company’s operations in southern Ecuador. Mining Company Zaruma and treatment continue to work on a liter of 24 hours a day.


Washing Rob


President and CEO

About Dynasty Metals & Mining

Dynasty Metals & Mining Inc. is a Canadian mining company engaged in the exploration and development of mineral properties

Ecuador.

The company plans to produce Zaruma However, in advanced stages of the project in Jerusalem, and an exploration project with great potential, the Dynasty Copper-Gold Belt, which includes the advanced stage of the Dynasty Goldfield.

more information, visit the company www.dynastymining.com or contact:

Dynasty Metals & Mining Inc.

Oliver Murray

Tel: (604) 687-0888

E-mail: info (at) mining dynasty (dot) com

Brisco Capital Partners Corp.

Gordon Aldcorn

Tel: (403) 262-9888

E-mail: Gordon (at) briscocapital com (dot)

This press release contains “forward-looking statements” within the meaning of applicable securities laws defined. Users of forward-looking information are cautioned that actual results of future-oriented information in this document by such statements. Forward-looking information includes, without limitation, the amount of money the company expects it will be from the sale comes from gold to get the refinery, the company’s expectations regarding the effect of protests, the police informed of its activities relate to the Company’s expectations that there is a positive cash flow and similar statements regarding future events, conditions or results that are not historical facts. In some cases, forward-looking information developed with the help of the factors and assumptions set forth herein. These factors and assumptions include, among other things, the impact of general economic conditions, the gold price, changes in exchange rates, actions of law enforcement agencies and the government, the uncertainties of litigation and negotiations and misjudgments in the course of preparing forward-looking statements. In addition, there are also risk factors lead to known and unknown actual results of the Company, performance or achievements could differ materially from any future results expressed, performance or achievements expressed or implied by such forward-looking statements. Known risk factors are preserved among others, risks and uncertainties relating to exploration and development, the company’s ability to obtain additional financing, the history of the Operating Company Limited, mining law uncertain must, with environmental and governmental regulations, political and economic instability and general unrest in Ecuador to it, potential defects in title to the Company, exchange rate fluctuations, fluctuations in commodity prices, operational risks and risks, competition and other risks and uncertainties, including those disclosed in the Company’s Annual Information Form 26 March 2010 at the Canadian securities regulators filed and available at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements may be identified, there may be other factors that cause actions, events or results are as expected, estimated or intended . It can be no assurance that forward-looking information or material factors and assumptions used, in order to develop forward-looking statements prove to be correct. Accordingly, readers should not unduly on forward-looking information. All statements are made as of the date of this press release and the Company has no obligation to update or revise any forward-looking statements except as required by law.


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