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DYNASTY CONCESSIONS IN GOOD STANDING
Vancouver, BC, January 25, 2008 - Dynasty Metals & Mining Inc. (TSX:
DMM, "Dynasty" or the "Company") understands that it
has been reported that the government of Ecuador will not renew mining
concessions where concession fees have not been paid in a timely manner as
required by the current mining law.
Dynasty has made all necessary payments, when due, to maintain the
Company's mining concessions in good standing under the current mining law.
About Dynasty Metals & Mining
Dynasty Metals & Mining Inc. is a Canadian based mining company
involved in the exploration and development of mineral properties in
Ecuador.
The Company has two advanced-stage projects, Zaruma, which is near
production, and Jerusalem, as well as a highly prospective exploration project,
the Dynasty Copper-Gold Belt, which includes the Dynasty Goldfield, the
Copper Duke Project and the Marianna Joint Venture among other prospects.
Dynasty Metals & Mining Inc.
Robert Washer, President and CEO
For further information please visit the Company's website at www.dynastymining.com, or
This news release includes "forward-looking information", as
such term is defined in applicable securities laws. The forward-looking
information includes, without limitation, statements relating to the
economic feasibility of, and the nature and timing of mine construction and
mining operations at, the Company's Zaruma Gold Project; and other similar
statements concerning anticipated future events, conditions or results that
are not historical facts. These statements reflect management's current
estimates, beliefs, intentions and expectations; they are not guarantees of
future performance. The Company cautions that all forward-looking
information is inherently uncertain and that actual performance may be
affected by a number of material factors, many of which are beyond the
Company's control. Such factors include, among others, risks and
uncertainties relating to exploration and development; the ability of the
Company to obtain additional financing; the Company's limited operating
history; the need to comply with environmental and governmental
regulations; political and economic instability and general civil unrest in
Ecuador; potential defects in title to the Company's properties;
fluctuations in currency exchange rates; fluctuating prices of commodities;
operating hazards and risks; competition; and other risks and uncertainties,
including those described in the Company's Annual Information Form dated
February 19, 2007 filed with the Canadian Securities Administrators and
available at www.sedar.com. Accordingly, actual future events, conditions
and results may differ materially from the estimates, beliefs, intentions
and expectations expressed or implied in the forward-looking information. All
statements are made as of the date of this news release and the Company is
under no obligation to update or alter any forward-looking information.
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