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Dynasty Metals and Mining Inc

Publié le 28 septembre 2009

Dynasty Pours First Gold

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Mots clés associés :   Copper |


DYNASTY POURS FIRST GOLD

Vancouver, BC, September 28, 2009 - The management of Dynasty Metals & Mining Inc. (TSX: DMM, "Dynasty" or the "Company") is very pleased to announce the Company has poured its first gold at its recently commissioned gold processing plant at Zaruma in Ecuador. In total, the dory bars poured by the Company contained approximately ten kilograms (320 ounces) of gold and 50 kilograms (1,600 ounces) of silver.

Robert Washer, the Company's President and Chief Executive Officer commented: "This is a significant moment in the Company's history and for the development of a modern mining industry in Ecuador. We would like to thank the government of Ecuador for its ongoing support for the development of the Zaruma Gold Project, which is the first large scale modern mining operation in Ecuador's history."

The Company has now successfully commissioned all sections of the plant. The Company will continue to optimize plant operations by processing material mined during the ongoing development of the declines.

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 the producing Zaruma Gold Project, the first large scale modern mine and processing facility in Ecuador which was constructed on budget in a country that lacks an infrastructure for large scale mining. In addition, the Company has the advanced-stage Jerusalem Project, and a highly prospective exploration project, the Dynasty Copper-Gold Belt, which includes the Dynasty Goldfield.

Dynasty Metals & Mining Inc.
Robert Washer, President and CEO

For further information please visit the Company's website at www.dynastymining.com, or please contact:

Dynasty Metals & Mining Inc.
Murray Oliver
Tel: (604) 687-0888
Email: info@dynastymining.com
Brisco Capital Partners Corp.
Gordon Aldcorn
Tel: (403) 262-9888
Email: Gordon@briscocapital.com


This news release includes "forward-looking information", as such term is defined in applicable securities laws. Users of forward-looking information are cautioned that actual results may vary from forward-looking information contained herein. The forward-looking information includes, without limitation, plans to apply for additional mining permits, the timing of commencement of mining operations and the future production capacity at the Zaruma plant, the identification and construction of declines, the potential size and grade of resources, the finalization of mining regulations in Ecuador and the completion of an exploitation contract with the Ecuadorian government, the sufficiency and availability of cash, the proposed construction of a plant at the Jerusalem Project and the commencement of production, the availability of an adequate power source at the Zaruma plant, the timing and ability of the Company to mine and deliver material to the Zaruma plant and other similar statements concerning anticipated future events, conditions or results that are not historical facts. In certain cases, forward-looking information was developed using the material factors or assumptions stated herein. Such factors and assumptions include, amongst others, the effects of general economic conditions, the price of gold, changing foreign exchange rates and actions by government authorities, uncertainties associated with legal proceedings and negotiations and misjudgements in the course of preparing forward-looking information. In addition, there are also known and unknown risk factors which could cause the Company's actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Known risk 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; uncertain mining legislation; 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 March 25, 2009 filed with the Canadian Securities Administrators 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 information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward looking information, will prove to be accurate. Accordingly, readers should not place undue reliance on 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 except as required by law.


Introduction Property Overview Properties Management Investor Relations Contact

For more information on Dynasty Metals and Mining visit www.dynastymining.com or contact:

Dynasty Metals & Mining Inc.
Suite 270 - 666 Burrard Street
Vancouver, B.C. V6C 2X8
Phone: 604-687-0888
Fax: 604-687-0885
Email: info@dynastymining.com



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Dynasty Metals and Mining Inc

PRODUCTEUR
CODE : DMM.TO
ISIN : CA26813S1002
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Dynasty Metals est une société développant des projet miniers d'or et d'argent basée au Canada.

Dynasty Metals est en développement de projets d'or, d'argent, de cuivre et de zinc en Equateur, et détient divers projets d'exploration en Equateur.

Son principal projet en production est ZARUMA en Equateur, ses principaux projets en développement sont JERUSALEM et JERUSALEM en Equateur et son principal projet en exploration est DYNASTY en Equateur.

Dynasty Metals est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 28,1 millions CA$ (20,7 millions US$, 19,0 millions €).

La valeur de son action a atteint son plus haut niveau récent le 17 août 2007 à 9,50 CA$, et son plus bas niveau récent le 22 avril 2016 à 0,10 CA$.

Dynasty Metals possède 87 810 000 actions en circulation.

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Dans les médias de Dynasty Metals and Mining Inc
09/06/2006Follow up N° 6
Rapports annuels de Dynasty Metals and Mining Inc
Annual Report 2007
Financements de Dynasty Metals and Mining Inc
21/10/2009$6,000,000 bought deal financing
Nominations de Dynasty Metals and Mining Inc
09/01/2013Announces Director Resignation
17/05/2011Appoints New Director
12/03/2008APPOINTS NEW DIRECTOR
31/07/2007Ecuador Appoints New Undersecretary Of Mines
25/07/2007 ECUADOR APPOINTS NEW MINISTER OF MINES & PETROLEUM
28/06/2007Management Appointments
Rapports Financiers de Dynasty Metals and Mining Inc
15/08/2013Reports Financial Results for the Three and Six Months Ended...
16/05/2013Reports Financial Results for the Three Months Ended March 3...
29/03/2013Reports Financial Results for the Year Ended December 31, 20...
15/08/2012Reports Financial Results for the Three and Six Months Ended...
02/04/2012Releases 2011 Financial Statements
Projets de Dynasty Metals and Mining Inc
23/07/2012(Zaruma)Announces Armed Robbery at Zaruma Gold Project
21/01/2011(Zaruma)Commences Formal Contract Negotiations
02/02/2010(Zaruma)President's Update on Zaruma
28/09/2009(Zaruma)Dynasty Pours First Gold
20/08/2009(Zaruma)Provides update on ecuador gold projects
17/04/2007RECEIVES FINAL PERMITTING TO CONSTRUCT AND OPERATE ZARUMA GO...
Communiqués de Presse de Dynasty Metals and Mining Inc
29/07/2016Dynasty Receives Forbearance Period on Vertex One Asset Mana...
09/07/2016Dynasty Provides Corporate Update
06/07/2016Dynasty Announces Annual General Meeting Voting Results
15/06/2016Dynasty Provides Corporate Update
31/05/2016Dynasty Mining Engages a Financial Advisor to the Special Co...
17/05/2016Dynasty Reports Financial Results for the Quarter Ended Marc...
27/04/2016Dynasty Metals & Mining Announces Dynasty Goldfield Project ...
20/04/2016Dynasty Reports 2,785 Ounces of Gold Sold and 2,221 Ounces o...
11/04/2016Dynasty Announces Temporary Work Delay at the Zaruma Gold Pr...
05/04/2016Dynasty Provides Corporate Update
23/01/2016Dynasty Reports 5,634 Ounces of Gold Sold and 4,133 Ounces o...
02/11/2015DYNASTY ANNOUNCES AMENDMENTS TO THE TERMS OF DEBT FINANCING
14/10/2015DYNASTY REPORTS 6,285 OUNCES OF GOLD PRODUCED IN Q3 2015 & P...
15/09/2015DYNASTY SETTLES US$1.44 MILLION OF SHORT TERM DEBT BY WAY OF...
14/09/2015Dynasty Settles US$1.44 Million of Short Term Debt By Way of...
14/08/2015DYNASTY REPORTS FINANCIAL RESULTS FOR THE SIX AND THREE MONT...
22/06/2015DYNASTY CLOSES US$4 MILLION DEBT FINANCING & PROVIDES OPERAT...
13/04/2015DYNASTY METALS AND MINING ANNOUNCES THE APPOINTMENT OF NAOMI...
08/04/2015Dynasty Metals and Mining Announces the Appointment of Naomi...
08/04/2015Announces the Appointment of Naomi Nemeth to the Role of Vic...
01/04/2015DYNASTY REPORTS FINANCIAL RESULTS FOR THE YEAR ENDED DECEMBE...
24/01/2015DYNASTY ANNOUNCES GOLD PRODUCTION OF 25,868 OUNCES AND GOLD ...
18/01/2015Dynasty Announces Gold Production of 25,868 Ounces and Gold ...
14/11/2014DYNASTY REPORTS FINANCIAL RESULTS FOR THE THREE AND NINE MON...
14/11/2014Dynasty Reports Financial Results for the Three and Nine Mon...
06/11/2014DYNASTY ANNOUNCES UPDATED DYNASTY GOLDFIELD PROJECT AND JERU...
06/11/2014Dynasty Announces Updated Dynasty Goldfield Project and Jeru...
18/09/2014Dynasty Announces Updated Zaruma Gold Project Resource Estim...
15/08/2014Dynasty Reports Financial Results for the Three and Six Mont...
30/06/2014Dynasty Provides Update on Preparation of Revised Technical ...
25/06/2014Dynasty Announces Annual General Meeting Voting Results
02/06/2014Dynasty Provides Update on Preparation of Revised Technical ...
16/05/2014Dynasty Reports Financial Results for the Three Months Ended...
02/05/2014DYNASTY PROVIDES UPDATE ON PREPARATION OF REVISED TECHNICAL ...
30/04/2014Dynasty Provides Update on Preparation of Revised Technical ...
21/04/2014Dynasty Reports Mine Incident
01/04/2014Dynasty Reports Financial Results for the Year Ended Decembe...
20/06/2013Announces Annual General and Special Meeting Voting Results
16/10/2012(Zaruma)Qualifies Key Zaruma Concessions for Small Scale Mining Lice...
06/09/2012Insurance Claim Settled
07/10/2011(Dynasty)Director Retires From Dynasty's Board
30/11/2009Comments on Ecuadorian Mining Regulations
03/11/2009Completes $6,000,000 equity financing
07/07/2009Welcomes Ecuador Vice Minister of Mines to Its Zaruma Gold P...
01/07/2009Dynasty and IAMGOLD Extend Option Period
03/03/2009CEO Interviewed on BNN
17/12/2008 plans to commission gold plant by the end of March
28/04/2008WELCOMES ECUADOR PRESIDENT TO ITS ZARUMA PROJECT
25/04/2008COMMENTS ON RECENT DEVELOPMENTS IN ECUADOR
23/04/2008 SEEKS CLARIFICATION ON NEW MINING MANDATE
15/04/2008ENTERS INTO REVISED AGREEMENT
10/03/2008Completes $18,750,000 Equity Financing
20/02/2008SPROTT ASSET MANAGEMENT TO INCREASE ITS DYNASTY STAKE TO 22....
29/01/2008PRESIDENT'S UPDATE
25/01/2008CONCESSIONS IN GOOD STANDING
18/12/2007Exercises Option to Buy Back Royalty at Its Near Production ...
12/12/2007MOURNS PASSING OF DIRECTOR PAUL MACNEILL
20/11/2007Increases Gold and Silver Resource Estimate
25/10/2007 RECEIVES CONDITIONAL APPROVAL OF COPPER DUKE SPIN-OFF
01/08/2007To Trade On The Toronto Stock Exchange
18/07/2007New Optimized Zaruma Plant Design
16/07/2007Receives Conditional Approval to Trade on Toronto Stock Exch...
12/06/2007 Provides Zaruma Gold Project Update
24/02/2007Engages Brisco Capital Partners
01/10/2005Follow up N° 4
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TORONTO (DMM.TO)OTC BB (DMMIF)
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